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    • BOJ policymakers warned of economic harm from excess yen moves at April meet

      • BY Reuters|
      • Asia-Pacific , Japan |
      • 08:56 PM ET 06/21/2022

      Some Bank of Japan board members were concerned that excessive currency volatility could disrupt corporate business plans, minutes of the bank's April meeting showed, highlighting the challenge for policymakers from the yen's sharp declines.

    • The Washington Outsider's Irina Tsukerman Moderates UNHRC 50th Panel: Yemen Coalition of Independent Women Exposes Houthi Abuses as Regional and Global Security Risks

      • BY GlobeNewswire|
      • Asia-Pacific , Middle East/Africa |
      • 01:46 PM ET 06/21/2022

      Gathering on the sidelines of the 50th session of the United Nations Human Rights Council, the Yemen Coalition of Independent Women and its partner organizations, including The Washington Outsider, addressed the nexus between the human rights violations by the Iran-backed Houthi militias in Yemen and the security risks to the region and the international community.

    • Yen dives, hits new 24-year low vs dollar

      • BY Reuters|
      • Asia-Pacific , Japan |
      • 07:53 AM ET 06/21/2022

      The Japanese yen plunged on Tuesday to the lowest since October 1998, as the Bank of Japan's ultra-loose monetary policy stance continued to weigh. The yen dropped 0.8% to a 24-year low of 136.18 per dollar, extending losses after the Bank of Japan on Friday dashed any mild expectations of a change in policy and continued to stand alone in its commitment to ultra-easy monetary settings.

    • Japan PM Kishida backs BOJ ultra-easy policy while yen worries mount

      • BY Reuters|
      • Asia-Pacific , Japan |
      • 05:53 AM ET 06/21/2022

      Japanese Prime Minister Fumio Kishida said on Tuesday the central bank should maintain its ultra-loose monetary policy, brushing aside opposition calls that the policy be tweaked to target Japan's rising cost of living.

    • Floods swamp more of Bangladesh and India, millions marooned

      • BY Reuters|
      • Asia-Pacific , India |
      • 04:14 AM ET 06/21/2022

      Floodwaters inundated more of Bangladesh and northeast India on Tuesday, officials said, as authorities struggled to reach more than 9.5 million people stranded with little food and drinking water after days of intense rain.

    • Silk Relo Ltd., Silk Relo (S) Pte Ltd., & K.C. Dat (S) Pte Ltd. (Trading as Asian Tigers Singapore) Are First to Earn Certification for Meeting International Standards in Diversity & Inclusion from Human Resource Standards Institute℠

      • BY GlobeNewswire|
      • Asia-Pacific , Singapore |
      • 04:00 AM ET 06/21/2022

      Silk Relo Ltd., Silk Relo Pte Ltd. and K. C. Dat Pte Ltd. are the first companies to demonstrate dedication to the highest standards of diversity and inclusion by earning organizational certification from the Human Resource Standards InstituteSM.

    • METALS-Copper falls on slowdown fears, China's COVID woes

      • BY Reuters|
      • Asia-Pacific , China |
      • 03:11 AM ET 06/21/2022

      Copper prices slipped on Tuesday, as aggressive rate hikes impacting global growth and a spike in COVID-19 cases in top consumer China raised demand concerns, although an expected strike in top ...

    • FOREX-Aussie inches up as RBA reaffirms more hikes ahead, yen struggles

      • BY Reuters|
      • Asia-Pacific , Australia , Japan |
      • 02:17 AM ET 06/21/2022

      The Australian dollar edged up a fraction after remarks from the central bank governor pointing to more rate hikes down under, but fears of slowing global growth capped gains, while the Japanese yen retested a 24-year low. More broadly, investors in currency markets remain heavily focused on central bank action globally and the prospect of aggressive interest rate rises.

    • JGB yields rise despite 'solid demand' at 5-year auction

      • BY Reuters|
      • Asia-Pacific , Japan |
      • 02:11 AM ET 06/21/2022

      Japanese government bond yields on Tuesday tracked European yields higher, although a smooth five-year note auction capped the rise. The 10-year JGB yield ticked up 0.5 basis point to 0.235% by 0515 GMT, but well below the Bank of Japan's 0.25% implicit ceiling for the security, which it tested repeatedly last week.

    • Japan PM Kishida backs BOJ ultra-easy policy while yen worries mount

      • BY Reuters|
      • Asia-Pacific , Japan |
      • 02:00 AM ET 06/21/2022

      * Sharp yen falls 'worrying' - PM Kishida. * FX, monetary policy must be dealt with separately - Kishida. * Finance minister repeats warning over weak yen. By Tetsushi Kajimoto and Leika Kihara.

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    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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