Summary: China reviewing Meta’s $2bn acquisition of AI firm Manus Focus on whether technology transfer required export licence Review is preliminary, not yet a formal …
Summary: China extends policy allowing disposal of bad personal loans Aim is to support banks amid rising defaults and weak margins Transfers of bad personal …
Summary: Russia sent a submarine to escort a tanker the U.S. is trying to seize. Bella 1 reflagged itself with a Russian flag and renamed …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
Summary: Headline CPI slowed to 3.4% y/y, below expectations (more data here) Monthly inflation flat at 0.0% Trimmed mean eased to 3.2% y/y, still above …
Summary: Japan services PMI slowed to 51.6, weakest since May New order growth softened despite renewed export demand Employment rose at fastest pace since mid-2023 …
Australian CPI November 2024 Headline y/y 3.4% expected 3.7%, prior 3.8% Headline m/m 0.0% prior 0% Trimmed Mean y/y 3.2% expected 3.2%, prior 3.3% Trimmed …