Bank of Japan Surprises Markets With Policy Tweak
The central bank widened the yield on 10-year bonds and increased its monthly asset purchases in hopes of reviving a stagnant domestic bond trade.
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King Charles III Is the New Face of U.K. Money
Pound notes with the new sovereign’s image will begin appearing in 2024, though money with his mother’s likeness will still be in circulation.
What Are ‘Dabloons,’ the Imaginary Currency of TikTok?
In the latest viral TikTok trend, users participate in an imaginary economy centered on fake money and fueled by cat pictures.
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Japan’s Economy Shrinks, Weighed Down by a Weak Yen and Rising Inflation
The economy contracted 1.2 percent as consumers and businesses were hit with rising import prices.