China is lining up a five-year consumption drive, pairing near-term loan subsidies and credit guarantees with a strategic shift toward services-led demand growth. Summary: China …
Author: admin
South Korea signalled tolerance for FX volatility, saying the won should strengthen toward 1,400 as authorities work to stabilise markets. Summary: South Korea says it …
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a …
Barclays sees Greenland-related geopolitical risks as a bigger long-term threat to the euro than the dollar despite near-term USD weakness. Summary: The dollar weakened as …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
New Zealand has pencilled in 7 November 2026 for the election, extending the campaign runway while the formal legal timetable remains much shorter. Summary: Luxon …
Berkshire Hathaway may exit Kraft Heinz after a decade, signalling the end of a high-profile but underperforming investment. Summary: Berkshire may sell its entire 27.5% …