When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time." The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first ...

Tohoku Electric Power Co., Japan's third-biggest coal user, will start trading coal swaps for the first time to manage price volatility risk as it prepares for liberalization of the electricity market. The Sendai-based utility plans to begin using swap contracts against the Newcastle coal index ...

The yen will weaken as the Government Pension Investment Fund moves to become more competitive, according to Takatoshi Ito, who led a panel advising the Abe administration on overhauling the system. The GPIF, the world's biggest retirement fund and which invested about 55 percent of ...

The last thing one would expect the U.S. government to do is open the floodgates to severe risks in financial markets again. But that is what's happening.