Bloomberg Markets
For Dorian Hsu, Taiwan’s stock boom had looked like a chance to get ahead. The 33-year-old office worker poured his savings into stocks and borrowed $62,000 through an unsecured loan to double down on leveraged bets tied to the benchmark index.
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Joint US-Japan intervention has helped the yen for now, but isn’t a game-changer for the currency or the economy, Japan’s former Prime Minister Fumio Kishida said in a Bloomberg TV interview in Tokyo. He touted a ¥370 trillion ($2.3 trillion) growth strategy as the long-term vision that will transform Japan’s fortunes. (Source: Bloomberg)
Bloomberg Markets
LGT, a private bank owned by the Princely House of Liechtenstein, is looking to expand in Japan, betting that it can capture a share of the rising wealth in a market that has historically proved difficult for foreign private banks.
Bloomberg Markets
China’s rapid progress in low-cost artificial intelligence is strengthening the investment case for the country’s internet giants after years in the shadow of chipmakers, market participants say.