Japanese Finance Minister Katayama says aiming to broaden retail JGB offerings, adds retail Japanese government bonds remain unappreciated by households, with a room for broader sales expansion

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BoK Governor Shin says interest rates need to be raised before its too late and inflation is to exceed target for a considerable period of time

PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: City Developments (CIT SP) and Hong Realty submitted the top bid of SGD 542.4mln for a 99-year leasehold residential site at Peck Hay Road and plan to develop a 39-storey project

Japanese Finance Minister Katayama says aiming to broaden retail JGB offerings, adds retail Japanese government bonds remain unappreciated by households, with a room for broader sales expansion

PBoC is expected to set USD/CNY mid-point at 6.7640 (prev. 6.8150)

Korea Exchange activated a sidecar to halt program buying on KOSPI

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Says:

  • Hoping to expand retail JGB products.
  • No impact is expected on a central bank policy meeting after BOJ's Ueda was hospitalised.

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