Showing results for "Sea Ltd."
markets
Wall Street Goes Long Turkish Lira in Optimism on PoliciesCitigroup Inc. and JPMorgan Chase & Co. are among banks recommending buying the Turkish lira as the spread between offshore and onshore yields widens, signaling foreign investors are betting on the currency via derivatives.April 29, 2024
technology
Did Japan Intervene in Currency Markets to Boost the Yen (JPY)? How to KnowThe Japanese yen continues to set three-decade lows against the dollar, keeping speculation simmering over another round of intervention from the government. Even after the Bank of Japan raised interest rates for the first time since 2007 in March, the gaping difference in borrowing costs in Japan and the US is driving the currency lower. The authorities previously stepped in three times in 2022 to support the currency. That was an extraordinary move for a country that’s long been criticized byApril 29, 2024