-
1 week ago | 
news.bloombergtax.com | Chien-Hua Wan |Ruth Carson |Betty Hou
Two Taiwanese life insurers are taking opposite approaches to foreign-exchange hedging after a surge in the island’s currency put hundreds of billions of dollars of their US bond holdings under scrutiny. Fubon Life Insurance Co. has “enhanced” hedging as the biggest one-day surge in the currency since the 1980s threatened to erode the US dollar-denominated assets of Taiwanese companies. Taishin Life Insurance Co. said the rising costs of such protection has stayed its hands from adding more.
-
1 week ago | 
news.bloomberglaw.com | Chien-Hua Wan |Ruth Carson |Betty Hou
Two Taiwanese life insurers are taking opposite approaches to foreign-exchange hedging after a surge in the island’s currency put hundreds of billions of dollars of their US bond holdings under scrutiny. Fubon Life Insurance Co. has “enhanced” hedging as the biggest one-day surge in the currency since the 1980s threatened to erode the US dollar-denominated assets of Taiwanese companies. Taishin Life Insurance Co. said the rising costs of such protection has stayed its hands from adding more.
-
1 week ago | 
bloomberg.com | Chien-Hua Wan |Ruth Carson |Betty Hou
The challenge faced by Taiwan’s life insurers is grabbing global attention given their huge pile of US Treasuries and corporate debt, much of which is unhedged. Photographer: An Rong Xu/Bloomberg(Bloomberg) -- Two Taiwanese life insurers are taking opposite approaches to foreign-exchange hedging after a surge in the island’s currency put hundreds of billions of dollars of their US bond holdings under scrutiny.
-
1 week ago | 
bloomberg.com | Betty Hou |Ruth Carson
El dólar taiwanés registró la mayor alza desde 1988, ante las especulaciones de que las autoridades podrían permitir su apreciación para facilitar un acuerdo comercial con Estados Unidos. El dólar local se apreció hasta un 5% el lunes.
-
1 week ago | 
finance.yahoo.com | Betty Hou |Ruth Carson
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Betty Hou and Ruth Carson Mon, May 5, 2025, 6:58 AM 4 min read In This Article: (Bloomberg) -- Taiwan’s dollar surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island’s currency.
-
1 week ago | 
bloomberg.com | Betty Hou |Ruth Carson
(Bloomberg) -- Taiwan’s dollar surged the most since 1988 as traders speculated that authorities might allow it to appreciate to help reach a trade deal with the US. The local dollar rose as much as 5% on Monday. In an emergency press briefing late Monday, Taiwan’s central bank sought to quell speculation about the currency’s surge, saying that the wild, two-day appreciation was partially attributable to market chatter and urged against irresponsible speculation.
-
1 week ago | 
yahoo.com | Takashi Umekawa |Yoshiaki Nohara |Ruth Carson
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from BloombergAdvertisementAdvertisementJapan’s Finance Minister Katsunobu Kato said the country’s US Treasury holdings could be a card in its trade talks with Washington, referring to the largest stockpile of US debt held by a foreign nation. “It does exist as a card,” said Kato, speaking on a TV Tokyo program Friday, when asked if Japan’s stance of not selling holdings could be a negotiation tool.
-
1 week ago | 
bloomberg.com | Takashi Umekawa |Yoshiaki Nohara |Ruth Carson
Japan könnte seinen Bestand an US-Staatsanleihen als Trumpfkarte in den Handelsgesprächen mit Washington ausspielen. Dies merkte Finanzminister Katsunobu Kato an und verwies darauf, dass Nippon der größte ausländische Gläubiger der USA ist. “Es ist durchaus eine Trumpfkarte”, sagte Kato am Freitag in einer Fernsehsendung von TV Tokyo, auf die Frage, ob Japans Haltung, seine Bestände nicht zu verkaufen, ein Verhandlungsinstrument sein könnte.
-
1 week ago | 
flipboard.com | Takashi Umekawa |Yoshiaki Nohara |Ruth Carson
NowNew York CNN — US stocks rose Friday as China signaled openness to trade talks and investors digested a better-than-expected jobs report. The Dow was up 530 points, or 1.3%, Friday afternoon. The broader S&P 500 rose 1.43% and the tech-heavy Nasdaq Composite gained 1.6%. The S&P 500 was on track for …
-
2 weeks ago | 
bloomberg.com | Vassilis Karamanis |Ruth Carson |Naomi Tajitsu
A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, on Wednesday, March 2, 2022. The dollar is rising against virtually every peer as fallout from the sanctions levied against Russia supercharge demand for the world’s reserve currency. Photographer: Dimas Ardian/Bloomberg(Bloomberg) -- The dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals.
