A 1% bond in Japan is world’s lowest-coupon junk note in 2020
Unprecedented stimulus from central banks amid the pandemic has dragged down rates, and left investors clamoring for debt that may help increase returns.
LDP mulls reversal on consumer lending; interest rates would soar to 29%
The ruling Liberal Democratic Party may loosen restrictions imposed to block usury and coercive lending in the consumer finance industry.
Aiful Corp. led gains in consumer finance stocks after the Nikkei newspaper reported that the Liberal Democratic Party is considering loosening lending restrictions and allowing the interest rate cap to go up to 29.2 percent. Aiful jumped 11 percent, the most since September, to ¥346 ...
