Yen Hits Key 160-Per-Dollar Level With BOJ Path in Focus

The yen slid past the key 160-per-dollar level as the currency traded under pressure following the Bank of Japan’s April meeting, at which Governor Kazuo Ueda refrained from providing a clear sign concerning the timing of the central bank’s next interest-rate hike.

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Bloomberg Markets

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Ackman Says It'll Take Weeks, Not Months to Invest IPO Proceeds

Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

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