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A stop road sign is seen next to skyscrapers at Moscow International business centre, also known as "Moskva-City", in Moscow, Russia April 14, 2022.

Russia May Be In Default, Moody's Says

Moody's said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow's exclusion from the Western financial system since President Vladimir Putin's invasion of Ukraine.
Japan's Prime Minister Fumio Kishida speaks during a news conference at the prime minister's official residence on February 25, 2022, Tokyo, Japan.   Rodrigo Reyes Marin/Pool via

Japan's Cenbank Is Not Aiming To Manipulate Currency, PM Says

Japanese Prime Minister Fumio Kishida said the central bank's monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside the view the country must end an ultra-low interest rate policy to stem sharp yen declines.

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