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Morocco vows to take tough measures to crack down on illegal immigration.
2026-08-12
Morocco vows to take tough measures to crack down on illegal immigration.
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2026-08-12
Analysts say a fundamental split between US Treasury Secretary Bessent and Japanese Prime Minister Takaichi on Bank of Japan policy could weaken recent US-Japan efforts to push the yen higher. Over the past year Bessent has signalled tighter monetary policy is crucial to addressing yen weakness; Takaichi has warned rapid, large rate increases could derail Japan's recovery. Since Takaichi took office in October the BOJ has hiked twice but the policy rate remains low at 1%. Last month the US carri
Analysts say a fundamental split between US Treasury Secretary Bessent and Japanese Prime Minister Takaichi on Bank of Japan policy could weaken recent US-Japan efforts to push the yen higher. Over the past year Bessent has signalled tighter monetary policy is crucial to addressing yen weakness; Takaichi has warned rapid, large rate increases could derail Japan's recovery. Since Takaichi took office in October the BOJ has hiked twice but the policy rate remains low at 1%. Last month the US carried out its first yen intervention since 1998 while the BOJ stood pat — a mixed policy signal that contrasts with historical experience that reshaping market expectations typically requires sustained, forceful action. Peter Vassallo, portfolio manager at BNP Paribas Asset Management US, called the episode a "golden opportunity" missed.
2026-08-12
Norway's Government Pension Fund Global (GPFG) reported a 16.0% return on equity investments in Q2.
Norway's Government Pension Fund Global (GPFG) reported a 16.0% return on equity investments in Q2.
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