Weak yen pressures Bank of Japan’s interest rate decision
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THE weak yen is putting pressure on the Bank of Japan to tighten monetary
policy, analysts say, although it is not expected to hike its main interest
rate ...
43 minutes ago
Group CEO of DBS Bank Piyush Gupta said that his outlook for interest income over the next year is "relatively sanguine". "If rates go up by one per cent, we make about S$800 million to our bottom line, so we are very positively correlated to interest rate increases. So our ROE (return on equity) goes up by about a couple of percentage points if rates go up."
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