All articles tagged with #capital flight
Japan's bond market is experiencing rising long-term yields, sparking fears of capital outflows from the U.S. and a potential unwind of carry trades, which could lead to global market instability. The increase in yields is driven by structural factors and changing demand, raising concerns about a possible global financial crisis if confidence in safe assets erodes.
Two Nasdaq-listed online brokerages, Futu Holdings and Up Fintech Holding, are planning to remove apps from online stores in China that allow their customers to trade stocks overseas, amid tightening controls by Beijing on private firms, capital flight and data flows. Futu offers services to Chinese citizens who already hold dollars and other currencies in bank accounts abroad.
The Russian ruble fell to its lowest level in a year due to Moscow's weakening oil revenues and fears over capital flight. The ruble has fallen 4.4% this week against the dollar and 5.2% against the euro, running counter to a broader trend among global currencies, which have gained against the dollar in recent weeks.