Global bond markets dropped on Monday after the Bank of Japan signalled that it could raise interest rates later this month. Japan’s two-year government bond yield, which is particularly sensitive to rate expectations, jumped above 1 per cent for the first time since 2008 on Monday after Bank of Japan governor Kazuo Ueda indicated that the central bank might raise interest rates this month. Longer-term debt also fell, with the 10-year yield up 0.07 percentage points to 1.87 per cent. The jump in Japanese yields, which move inversely with price, rippled through global fixed income markets, sparking steep declines from Germany to the US. US Treasury yields on Monday recorded their biggest daily rise in a month, with the two-year rising 0.04 percentage points to 3.52 per cent as traders scaled back expectations of interest rate cuts in 2026. The benchmark 10-year yield rose 0.07 percentage points to 4.08 per cent. The 10-year German Bund yield climbed 0.06 percentage poi...
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Thailand's 'new Chinatowns' bring in the wrong type of investment Bangkok must find a balance between the lure of foreign capital and the protection of national interests Chatchada Kumlungpat and Guanie Lim October 29, 2025 05:05 JST A new Chinatown in the Huai Khwang district in Bangkok. (Photo by Yuki Kohara) Chatchada Kumlungpat is a recent Ph.D. graduate and Guanie Lim is an associate professor at the National Graduate Institute for Policy Studies, Japan. Thailand has long remained relevant in the global economy despite its political volatility. A major reason is its openness to foreign direct investment (FDI). Real estate, with the country's relatively low property costs, a strong tourism base and relatively few restrictions on foreign ownership, has been a particularly attractive sector. Traditionally, Japanese and Western investors dominated the market. However, in recent years, Chinese capital has poured into Thai property, snapping up condominiums in Bangkok ...
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Navigated Menu Back Financial Times Financial Times Europe 1 Dec 2025 Buttons.Search Options Nato chiefs weigh ‘more aggressive’ response to Russian hybrid warfare ▸ Focus on cable cutting and cyber ▸ Switch from ‘reactive’ to ‘proactive’ ▸ Kyiv officials in US peace talks RICHARD MILNE — OSLO CHRISTOPHER MILLER — KYIV Settings Print Share Listen Nato is considering being “more aggressive” in responding to Russia’s cyber attacks, sabotage and airspace violations, the alliance’s most senior military officer has said, as senior Ukrainian officials began fresh peace talks in the US. Admiral Giuseppe Cavo Dragone told the Financial Times that the western military alliance was looking at stepping up its response to hybrid warfare from Moscow. “We are studying everything . . . On cyber, we are kind of reactive. Being more aggressive or being proactive instead of reactive is something that we are thinking about,” said Dragone, who is chair of Nato...