Alibaba takes a hit

By: Miguel A. Rodriguez

15:32, 16 October 2020

BOJ may set cap on issuance, holdings if it issues digital yen.
  • The U.S. State Department has submitted a proposal for the Trump administration to add China’s Ant Group to a trade blacklist.
  • The Bank of Japan may set a limit on the amount of central bank digital currencies it issues or allows entities to hold if it is to issue them.
  • Global shares dropped as investors shied from risk and sought safe-havens such as the U.S. dollar on fears of a resurgence in coronavirus cases.

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