25/09/2023 Today’s Announcements & News Asia Asia-Pacific markets had a mixed performance following the Bank of Japan’s (BOJ) decision to maintain its current monetary policy. The BOJ, under Governor Kazuo Ueda, kept interest rates at -0.1% and

Japan Tries to Boost Economy Next Week. Japanese Prime Minister (PM) Fumio Kishida will outline promised economic measures early next week, weighing opinion polls showing dissatisfaction with steps so far to ease the burden of rising prices

PBOC Discusses Commitment to Ease of Investment. The People’s Bank of China (PBOC) continues Prime Minister Li Qiang’s promise to further open his country’s economy to foreign investors. The monetary controller met with a number of representatives

21/09/2023 Today’s Announcements & News Asia Asia-Pacific markets faced declines as China maintained its one-year and five-year loan prime rates, while anticipation for the U.S. Federal Reserve’s decision lingered. China’s one-year and five-year loan prime rates held

The Fed Will Not Raise Interest Rates in November 2023. Goldman Sachs strategists project that the United States (US) central bank or The Fed will probably not raise interest rates on October 31-November 1 2023. They said

Will Xi Jinping and Joe Biden Meet at the APEC Summit. United States (US) National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi in their meeting in Malta on September 16-17 2023 discussed various matters,

20/09/2023 Today’s Announcements & News Asia Asia-Pacific markets experienced broad declines as traders analyzed the minutes from the Reserve Bank of Australia’s policy meeting on September 5. The bank had expressed concerns that inflation in the country

ECB Expected to Hike Interest Rate. The European Central Bank or ECB will decide this Thursday evening (14/9/2023) whether to raise the benchmark interest rate to a record high which could be called the final step, or

China’s Central Bank Supports Demand and Price Recovery. China’s central bank or PBOC said it would increase demand and support a moderate price recovery. The PBOC is known to improve its coordination with fiscal and industrial policy,