he Bank of Japan maintains the short-term interest rate target at 0 to 0.1 percent. In the statement, the Bank of Japan deleted the statement that it currently buys about 6 trillio…
Category: Finance
Fitch downgrades the ratings outlooks of six Chinese state-owned banks to negative
Fitch has adjusted the rating outlook of six Chinese state-owned banks from "stable" to "negative". The six state-owned banks are Industrial and Commercial Bank of China , China Co…
The yen's accelerated depreciation has raised public dissatisfaction.
This week, due to the expectations of international investors for the delay in the time for the US to cut interest rates, the yen has once again accelerated its depreciation. The e…
Japanese finance minister: Do not rule out taking any measures to deal with exchange rate fluctuations.
The yen has been under continuous pressure recently, setting a 34-year low. Japanese Finance Minister Shunichi Suzuki said that the authorities and Masato Kanda, the deputy ministe…
The Monetary Authority of Singapore maintains the monetary policy unchanged.
The Monetary Authority of Singapore (MAS) has maintained the monetary policy unchanged for the fourth consecutive time, which is in line with market expectations, as local inflatio…
Powell: The Fed will not cut interest rates until it has greater confidence in inflation
Fed Chair Powell said on Wednesday that the Fed is not expected to cut interest rates until it has greater confidence in thedecline of inflation. In a prepared speech for an event,…
A former Japanese official: Japan may not intervene until the yen breaks through 155
A former Japanese Finance Ministry official, Hiroshi Watanabe, told Reuters in an interview that the Japanese authorities may not intervene in the foreign exchange market unless th…
Tokyo core inflation slows to 2.4% in March
Japanese government data showed that Tokyo's core consumer price index (CPI), considered a leading indicator of national inflation in Japan, rose 2.4% year-on-year in March, in lin…
Japanese stocks rise nearly 21% in the first quarter
The Dow Jones and S&P 500 in the US both hit a new historical high overnight, and stock markets in the Asia-Pacific region followed suit. The Japanese stock market rose, with t…
White House adviser: Strong consumer confidence in the US helps businesses increase profits
White House chief economic adviser and director of the National Economic Council (NEC), Lael Brainard, said that inflation is expected to ease, driving the consumer confidence inde…
Powell: Inflation data meets expectations, no hurry to cut interest rates
The chairman of the US Federal Reserve, Powell, said that the latest inflation data released is in line with the Fed's expectations, and the authorities still need more good inflat…
The spot gold price in New York rose by 1.3% to $2,200.18
Markets are waiting for the US to release important inflation data as a basis for assessing the future interest rate policy of the Federal Reserve. The dollar exchange rate is stab…
Unexpected increase in US crude oil price inventories, international oil prices are soft
The unexpected increase in US crude oil inventories has cooled market speculation about supply shortages, coupled with a strong dollar exchange rate, which has led to the second co…
The US Department of Energy buys 2.8 million barrels to replenish strategic oil reserves
The US Department of Energy disclosed that it has purchased 2.8 million barrels of crude oil to replenish strategic petroleum reserves. The US government announced the sale of 180 …
The US the number of initial jobless claims fell to 210,000 last week
The US Department of Labor announced that as of the week ending March 23, the number of initial jobless claims was 210,000, a decrease of 2,000 from the previous week. The market e…
Dalio: China must solve its debt problem or face a lost decade
Bridgewater Associates founder Ray Dalio warned that China should cut debt and loosen monetary policy or face a "lost decade." Bloomberg quoted Dalio as saying in a post that when …