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Good morning from the Financial Times.

Today is Tuesday, March 29th.

And this is your FT News Briefing.

The FT's Patrick McGee reports that Russia's biggest internet company has been collecting

user data from thousands of apps used by Europeans and Americans that's being sent back to Russia.

The threat here is that your digital profile, your user information, your device information,

your IP address, that's being collected in Russian servers and potentially accessed by the

Crimea. We'll also find out why more than 100 million elderly Chinese people are at risk of

severe COVID symptoms and what's going on with the Japanese yen. I'm Mark Filipino and here's

the news you need to start your day.

Japan's currency plummeted to a 7-year low on Monday after the Bank of Japan decided to keep

monetary policy loose. That is the opposite of what other central banks, including the Federal Reserve,

are doing. FT markets editor Katie Martin explains what the BOJ might be thinking.

They have quite a weird monetary policy framework at the moment where they do yield curve control.

And the whole idea is that they stop yields on 10-year bonds, for example,

getting too much above zero. And what happened over the past few days is that the yield on these 10-year

bonds had just got very much up towards the very upper edge of their tolerance, precisely because

the Fed in the States is lifting rates quite aggressively at least the market thinks.

And so that's just pulled up yields globally. Japanese government bonds are not immune to that.

So Japanese yields have been pulled higher as well. And the Bank of Japan basically made infinite

...