Yuan Steps Into Carry Trade Spotlight Over Yen, Strategists Say

Japanese retail investors are betting against the yen’s sharp rally, adding to bearish wagers even as the currency climbs to its strongest levels in months.

New investment round triggers rush of vehicles with escalating fees and five-year lock-ups

Malaysia’s ringgit fell to a 10-month low versus the Singapore dollar, weighed by foreign stock outflows while the island state’s currency is supported by a hawkish monetary policy stance.

Former US Trade Representative Susan Schwab says shared geography and deep economic ties will keep the U.S. and Canada aligned despite upcoming political friction. She notes that joint cooperation on critical minerals…

Mexico’s government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the 263.5 billion pesos…

Rhee Chang Yong says he was surprised that the recent market intervention appeared to be mainly by Japan and the US rather than a broader G7 effort that would typically include European countries. (Source: Bloomberg)