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  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...