The dollar was set for its biggest weekly gain in three months versus the yen before the release of U.S. payrolls data, with Federal Reserve officials reiterating the threshold for changing its stimulus tapering is high.
A 64-year-old physicist, identified by Newsweek magazine as Bitcoin’s creator, was chased by reporters through Los Angeles and denied any role in the digital currency, saying he first heard of it three weeks ago.
Japanese shares rose, with the Topix index capping its longest winning streak this year, as the yen held near the lowest level in five weeks and after data showed fewer U.S. workers filed for unemployment.
NTT Docomo Inc., Japan’s largest wireless operator, said a price war with other carriers and discounts on the latest iPhones may threaten its full-year forecast after adding the Apple Inc. devices to lure customers.
The cost of insuring corporate and sovereign bonds against non-payment in Asia outside Japan dropped, according to credit-default swap traders. * Markit iTraxx Asia index of credit-default swaps fell 1bps to 124bps as of 1:35pm in Singapore, according to ANZ prices * The benchmark is poised to decline 8bps since Feb. 28, dropping for a fifth consecutive week, and is headed for its lowest close since Dec. 19: CMA data * Markit iTraxx Australia index rose 0.25bps to 101bps as of 4:32pm in Sydney, according to Citigroup prices * The index is on track to decline 1bps this week after a 1.25bps-drop the week prior: CMA data * Markit iTraxx Japan index climbed 0.5bps to 76bps as of 2:34pm in Tokyo, Citigroup prices show * The measure has ranged from 67.2bps and 88.5bps this year: CMA data
Mitsubishi UFJ Financial Group Inc., Japan’s largest financial firm by market value, plans to boost its mergers and acquisitions business in Singapore by moving bankers into the unit that makes corporate loans.