ASIA: China’s central bank is signaling a commitment to maintaining loose monetary policy by reducing the required reserves for banks. Zou Lan, head of the People’s Bank of China’s monetary policy department, stated in an interview that the central bank will use various tools, including adjusting reserve requirements, to provide strong support for […]
ASIA: Japan emphasized the importance of promptly finalizing the signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations for debt restructuring. This comes after an agreement in principle was reached last year. Japan, along with France and India, co-chairs the committee overseeing creditor nations. Sri Lanka, facing its worst financial […]
ASIA: China’s central bank is likely to expand the pledged supplementary lending (PSL) tool further to support the struggling property sector. This follows a recent injection of 350 billion yuan ($49.1 billion) through PSL, aimed at catalyzing investments in real estate, boosting credit expansion, and driving first-quarter economic growth. The People’s Bank of China extended […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 175.88 points or -0.53% to 33,288.29 Shanghai decreased 12.90 points or -0.43% to 2,954.35 Hang Seng decreased 0.43 points or 0.00% to 16,645.98 ASX 200 decreased 29.10 points or -0.39% to 7,494.10 Kospi decreased 20.29 points or -0.78% to […]
ASIA: China has unexpectedly issued oil import quotas for 2024, allocating 179.01 million tons (3.59 million barrels a day) to private refiners and traders. This nearly matches the total allowances for the previous year. The move surprised the market, and with a preliminary allocation in December, the total for 2024 now stands at 183.69 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 75.45 points or -0.22% to 33,464.17 Shanghai decreased 12.66 points or -0.43% to 2,962.28 Hang Seng decreased 258.84 points or -1.52% to 16,788.55 ASX 200 increased 37.00 points or 0.49% to 7,627.80 Kospi increased 14.53 points or 0.55% to 2,669.81 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 456.55 points or 1.37% to 33,675.94 Shanghai decreased 30.28 points or -1.03% to 2,902.11 Hang Seng increased 108.81 points or 0.66% to 16,613.81 ASX 200 increased 48.80 points or 0.65% to 7,537.90 Kospi increased 45.75 points or 1.78% to 2,614.30 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 460.41 points or 1.41% to 33,219.39 Shanghai increased 1.59 points or 0.05% to 2,932.39 Hang Seng decreased 124.23 points or -0.75% to 16,505.00 ASX 200 increased 62.70 points or 0.84% to 7,489.10 Kospi increased 1.69 points or 0.07% to 2,568.55 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 211.57 points or -0.64% to 32,758.98 Shanghai decreased 11.75 points or -0.40% to 2,930.80 Hang Seng decreased 162.96 points or -0.97% to 16,629.23 ASX 200 decreased 16.30 points or -0.22% to 7,426.40 Kospi increased 3.30 points or 0.13% to 2,566.86 […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 284.30 points or 0.87% to 32,970.55 Shanghai decreased 16.43 points or -0.56% to 2,942.56 Hang Seng increased 390.00 points or 2.38% to 16,792.19 ASX 200 increased 64.80 points or 0.88% to 7,442.70 Kospi increased 19.38 points or 0.76% to […]
