Asian mix ..

  In Japan, we see locals buying the dollars and selling the yen,  adding that the trend had likely accelerated in the run-up to yesterday’s news  that Soft-Bank Group Corp. 9984, -10.32%   was making a $32 billion bid for U.K.-based chip-designed ARM Holdings PLC ARM, +40.87% using sterling.

China’s debt bomb . .

  For the third time in less than a year on Monday, the People’s Daily published an extended interview with an unnamed official expounding the policies needed to address challenges facing the world’s second-largest economy. As in similar pieces in January and last May, which both preceded big stock market sell-offs, the speaker sought to … More China’s debt bomb . .