JGBs Edge Higher as Investors Parse Middle East Conflict - WSJ
JGBs Edge Higher as Investors Parse Middle East Conflict WSJ
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JGBs Edge Higher as Investors Parse Middle East Conflict WSJ

When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,” recalled Chan, who has worked for various Chinese banks. Beijing’s decision that year to promote its currency for wider use in trade,...

South Korean stocks opened higher Friday despite overnight losses on Wall Street caused by increased geopolitical risks and market uncertainties. The benchmark Korea Composite Stock Price Index added
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The South Korean won is experiencing the most significant losses among various Asian currencies.
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Asian currencies are experiencing a strengthening trend, driven by a prevailing risk-on sentiment in the market.
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