China’s Central Bank Restarts 14-Day Reverse Repos to Ease Year-End Liquidity
China’s Central Bank Restarts 14-Day Reverse Repos to Ease Year-End Liquidity After a three-month hiatus, the People’s Bank of China (PBOC) has recommenced its practice of injecting short-term cash into the financial system via 14-day reverse repurchase agreements (reverse repos). This move, enacted on Monday, is part of a broader strategy to manage the surging
Read moreUK Consumer Sentiment Hits Near Two-Year Peak
UK Consumer Sentiment Hits Near Two-Year Peak In the closing month of the year, the UK’s consumer confidence has shown a slight uptick, indicating a modest shift in public sentiment despite ongoing economic challenges. In December, analysis from market research firm GfK Ltd. identified a rise in consumer sentiment, marking the highest point since the
Read moreJapan Approves Tax Reductions to Aid Families, Combat Deflation
Japan Approves Tax Reductions to Aid Families, Combat Deflation In Japan, the government’s tax reform committee, part of the ruling Liberal Democratic Party, has reached a consensus on reducing income tax rates. This move is designed to alleviate the financial strain on households amidst the rising costs of living, signaling a shift from the longstanding
Read moreJapan and UAE Join Forces for International Oil Market Stabilization
Japan and UAE Join Forces for International Oil Market Stabilization Sheikh Mohamed bin Zayed Al-Nahyan, the crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces, engaged in a productive discussion with Japan’s Prime Minister Kishida Fumio, focusing on the Ukraine crisis and the importance of maintaining global energy security and
Read moreKishida of Japan Set to Dismiss Additional Officials Amid Scandal, Reports Asahi
Kishida of Japan Set to Dismiss Additional Officials Amid Scandal, Reports Asahi Japanese Prime Minister Fumio Kishida is preparing to dismiss up to 15 ministers and junior ministers amid a slush fund scandal, according to reports from the Asahi newspaper. This move aims to mitigate the impact of a crisis involving the concealment of political
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