Recovery in Asia MA, Stuck at 8YearLows, Rests on Macro Conditions

Dec 19 Reuters Stronger AsiaPacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eightyear lows by financing costs, weak equity markets and China39;s pandemic controls, dealmakers said. Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes […]
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Dollar Slips vs Euro on Upbeat German Business Morale Data

NEW YORK, Dec 19 Reuters The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors39; appetite for riskier currencies weighed on the safehaven dollar. German business morale rose more than expected in December as the outlook for Europe39;s largest economy improved despite the […]
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Yen Soars to 4Month Peak after Surprise BOJ Policy Tweak

TOKYO, Dec 20 Reuters The yen surged to a fourmonth peak against the dollar on Tuesday after the Bank of Japan stunned markets by deciding to review its yield curve control policy and widen the trading band for the 10year government bond yield. While it kept broad policy settings unchanged pinning shortterm JGB yields at 0.1 and […]
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