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The yen dwindled near the 150 per dollar level on Tuesday but held its ground ahead of a pivotal policy decision from the Bank of Japan (BOJ), while the U.S. dollar towered over its peers as bets for early rate cuts there were trimmed. Rate decisions from the BOJ and the Reserve Bank of Australia (RBA) come under the spotlight in the Asia day, and currency ...
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Investors are trying to buy up shares of defunct crypto exchange FTX on the off chance that equity holders could see a recovery if victims who lost billions are made whole. Funds holding creditor claims — which FTX looks more and more likely to repay in full — have also sought to buy preferred shares in the closely held company in recent months, according ...