Time to Believe Japan Is Accepting a Weak Yen

The magic number of 150 yen per dollar came and went on Thursday without fireworks. Traders are braced for intervention, but big hairy numbers have rarely meant as much in practice as they have in ... ( read original story ...)

Dividend recaps surge amid IPO standstill

Borrowers in Asia Pacific ex-Japan have raised $1.49bn year-to-date from five dividend recap deals, shows Dealogic. In comparison, two deals worth $853m were sealed in 2021, and $782m from four deals ...