THE yen fell to the weakest level since 2008 against the euro on speculation the Bank of Japan (BOJ) will keep its monetary policy accommodative even after it ended the world’s last negative-interest-rate policy on Tuesday (Mar 19).
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DREAME Technology, a Chinese maker of smart home appliances such as robotic vacuum cleaners, is considering an initial public offering that could raise at least US$300 million, people familiar with the matter said.
ASIAN markets fluctuated on Wednesday as traders struggled to track another record day on Wall Street, with focus squarely on the Federal Reserve’s policy meeting.
SINGAPORE shares ended marginally higher on Wednesday (Mar 20), despite an overnight rally on Wall Street that saw the S&P 500 hitting a record high.