JGBs Edge Higher, Tracking Gains in U.S. Treasurys

UBS has raised its price target for Upwork's stock from $21 to $23, reflecting positive growth in Gross Services Volume (GSV). This adjustment indicates confidence in Upwork's performance and potential for future success, which is encouraging news for investors and stakeholders in the gig economy.

Needham has lowered its price target for Vertex Pharmaceuticals' stock to $30, citing concerns over slower growth. This adjustment reflects a cautious outlook on the company's future performance, which could impact investor confidence and market dynamics. As Vertex navigates these challenges, stakeholders will be closely watching how the company adapts to maintain its competitive edge.

Bloomberg's 'The Asia Trade' is your go-to source for the latest insights as the trading day kicks off in Asia. With live coverage from Tokyo and Singapore, hosts Shery Ahn and Avril Hong provide valuable analysis from key industry figures, helping you stay informed about the major stories that influence global markets. This program is essential for anyone looking to navigate the complexities of trading in the Asian market.

In the morning Tokyo session, Japanese Government Bonds (JGBs) saw a slight increase, following the positive price movements in U.S. Treasurys from the previous night.

Ads for LED masks claiming to treat acne and rosacea have been banned due to regulations. The authorities emphasize that cosmetic devices must be registered and cannot make medical claims.

Perpetual, an Australian investment manager, is currently in discussions with Bain Capital regarding the potential sale of its wealth management unit. This move could mark a significant shift in the financial landscape.

Perpetual, an Australian investment manager, is currently in discussions with Bain Capital regarding the potential sale of its wealth management unit. This move could mark a significant shift in the financial landscape.

Spectrum is facing ongoing challenges in retaining its customers, raising concerns about the reasons behind this issue.

A recent report highlights that addressing Britain's worklessness crisis, driven by health issues, will cost employers £6 billion annually. Charlie Mayfield emphasizes the need for businesses to take a more active role in supporting their employees as the country prepares for the upcoming budget.