WALL STREET JOURNAL MARKET
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- ● Stock Futures Edge Up Ahead of Tech EarningsU.S. stock futures ticked higher ahead of earnings from large technology companies and economic data including jobless claims and an updated reading of first-quarter gross domestic product.... Read more »Source: Markets | Published: May 26, 2022 - 11:14 am
- ● Amazon Can't Get Out of Big Tech's Meeting HellShareholder proposals surge at tech giants, but Amazon makes a particularly tempting target.... Read more »Source: Markets | Published: May 26, 2022 - 11:00 am
- ● Russia's Economy Is Tanking---but the Ruble Is SoaringThe ruble strengthened this week to levels not seen since 2018, making the currency the best performer against the dollar this year. Russia has taken steps to weaken the currency, with the central bank lowering interest rates again.... Read more »Source: Markets | Published: May 26, 2022 - 10:28 am
- ● The Crypto Security Debate Goes to CourtPrivate lawsuits could help determine whether digital tokens should be treated as securities like stocks and bonds.... Read more »Source: Markets | Published: May 26, 2022 - 9:33 am
- ● Millions of People Are Learning How to Save Money---on TikTokStashing cash in creative ways not only makes for entertaining videos, but can help forge good financial habits.... Read more »Source: Markets | Published: May 26, 2022 - 9:30 am
- ● Natural Gas Surges as Cooling Season Switches OnThe fuel has tripled over the past year to the highest level since 2008, which was before frackers flooded the market with shale gas.... Read more »Source: Markets | Published: May 26, 2022 - 9:30 am
- Lawmakers Scrutinize Credit-Reporting CompaniesLawmakers are probing how Equifax, Experian and TransUnion dealt with consumer complaints about errors on their credit reports during the pandemic.... Read more »Source: Markets | Published: May 25, 2022 - 11:46 pm
- SEC Proposes More Disclosure Requirements for ESG FundsThe agency votes to float plans to give investors more information on environmental, social and corporate-governance vehicles.... Read more »Source: Markets | Published: May 25, 2022 - 10:26 pm
- Stocks Close Higher After Fed's MinutesU.S. stocks rise after optimistic outlooks from several retailers and the Fed’s May meeting minutes signaled few changes in the plan to fight inflation.... Read more »Source: Markets | Published: May 25, 2022 - 9:37 pm
- Tech's Reckoning With Reality Is Still Half-BakedThe market hasn’t been kind to tech companies capitulating to reality. It could be even worse for those who haven’t.... Read more »Source: Markets | Published: May 25, 2022 - 8:54 pm
- Aramco Pursued Valvoline's Lubricants UnitDeal talks are in the early stages, with the Saudi oil giant eyeing Valvoline’s global products business, according to people familiar with the matter.... Read more »Source: Markets | Published: May 25, 2022 - 8:21 pm
- McDonald's Poised to Retain Both Seats in Proxy Fight With IcahnActivist investor Carl Icahn had challenged the fast-food chain over its suppliers’ treatment of animals.... Read more »Source: Markets | Published: May 25, 2022 - 4:48 pm
- Companies Might Be Getting Weak in the Knees on Capital SpendingEven if the current business environment is giving them a reason to keep expanding capital spending, a troubled stock market could make some companies reluctant to step up investment.... Read more »Source: Markets | Published: May 25, 2022 - 3:34 pm
- Todd Boehly's Takeover of Chelsea Approved by U.K.The deal to sell Chelsea soccer club, which previously belonged to sanctioned oligarch Roman Abramovich, to a group led by Los Angeles Dodgers’ Todd Boehly was approved by the U.K. government.... Read more »Source: Markets | Published: May 25, 2022 - 3:04 pm
- Foreign Business Is Falling Out of Love With ChinaBeijing’s Covid-19 policies paired with its increasingly ideological approach to business and geopolitics are making many businesses reassess their growth plans.... Read more »Source: Markets | Published: May 25, 2022 - 1:00 pm
Markets
WALL STREET JOURNAL BUSINESS
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- ● Broadcom to Buy VMware for $61 BillionThe cash-and-stock deal marks the biggest bet yet that the boom in enterprise software demand will endure despite the economic tumult.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 11:41 am
- ● Derby's Take: Former Fed Staffer Not Shrugging Off Central Bank's Bond LossesThe prospect of losses on the Federal Reserve’s holdings of securities is a real issue for U.S. taxpayers, a former top central bank staffer wrote in a research note Wednesday.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 9:30 am
- ● Justin Timberlake Sells Song CatalogThe ‘SexyBack’ and ‘Cry Me a River’ singer reaches a music-rights deal valued at $100 million.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 9:30 am
- ● Boeing Starliner Returns to Earth After Flight to International Space StationThe spacecraft is expected to land in New Mexico later Wednesday, the last leg of a test flight the company first tried to complete more than two years ago.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 2:32 am
- ● Apple Raises Salary Budget Amid Tight Labor MarketThe iPhone maker told employees in an email that the company is increasing its overall compensation budget, a move that comes as it faces store unionization attempts and higher inflation.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 2:02 am
- ● Walmart, CVS to Stop Filling Controlled-Substance Prescriptions for Cerebral, DoneThe decisions come amid a federal investigation and a leadership change at Cerebral.... Read more »Source: WSJ.com: US Business | Published: May 26, 2022 - 1:47 am
- Musk Commits More of Wealth to Twitter DealHis funding plan now includes $33.5 billion in equity, up from $27.25 billion, amid a sharp price decline for Tesla shares.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 11:03 pm
- Nvidia Posts Record Sales, Warns of Russia, China HitThe chip maker’s data-center sales surpass its gaming sales for only the second time.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 10:37 pm
- Disney Ensnared in Anaheim Corruption ProbeFBI affidavit says Disney and company executive were part of a “cabal” that tried to influence local politics.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 10:27 pm
- Biotech Founder Arrested in Murder-for-Hire SchemeSerhat Gumrukcu, of Enochian BioSciences, was recently indicted in connection with the 2018 death of a Vermont man.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 10:06 pm
- Fed Minutes Show Urgency for Raising Rates to Tame High InflationU.S. central bankers at this month’s meeting were in agreement on need for further half-point increases in June and July.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 9:41 pm
- FDA Chief Takes Aim at Abbott LaboratoriesU.S. Food and Drug Administration Commissioner Robert Califf signaled potential reforms to his agency’s food safety division, even as he took aim at “shocking” safety lapses at Abbott Laboratories’ Michigan baby-formula plant.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 9:19 pm
- CBO Projects Inflation, Economic Growth to Cool This Year, NextThe nonpartisan agency expects the U.S. economy to expand 3.1% in the fourth quarter, while annual inflation is projected at 4.7% at end of 2022.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 8:59 pm
- Aramco Pursued Valvoline's Lubricants UnitDeal talks are in the early stages, with the Saudi oil giant eyeing Valvoline’s global products business, according to people familiar with the matter.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 8:21 pm
- New U.S. Gas-Export Plant Gets Green Light as Europe Thirsts for LNGNatural-gas exporter Venture Global LNG said it would build a new, multibillion-dollar liquefied natural gas export facility in Louisiana, as demand for U.S. gas exports surges in Europe following Russia’s invasion of Ukraine.... Read more »Source: WSJ.com: US Business | Published: May 25, 2022 - 6:58 pm
WSJ.com: US Business
BUSINESS INSIDER
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- ● China is shuttling small ships to tankers at sea to transport cheap Russian oil amid sanctions, report saysMore shipowners and insurers are refusing to handle Russian oil, leading to Chinese buyers using risky ship-to-ship transfers, Bloomberg reported.... Read more »Source: Business Insider | Published: May 26, 2022 - 12:00 pm
- ● 4 hacks I use as business owner to get discounts from vendorsAsk if there's a discount for paying in full, and ask if the vendor can create a custom package that only includes the services or products you need.... Read more »Source: Business Insider | Published: May 26, 2022 - 12:00 pm
- ● These are the top 10 cities for work-life balance, according to a study — and there isn't a single US city among themThe top-ranking US city was Seattle, which came in at 32. Norway's capital Oslo topped the list, followed by five other European cities.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:54 am
- ● Pfizer says it will no longer make a profit from selling its patented drugs to 1.2 billion people in 45 low-income countriesPfizer will sell 23 drugs used to treat infectious and inflammatory diseases, cancers, and coronavirus at cost to low-income countries.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:38 am
- ● Russia is losing its most elite troops thanks to 'complacency' by commanders and Ukrainian fightback, UK saysRussia is reported to have suffered many heavy losses in the Ukraine war, including top generals and elite troops that take years to train.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:34 am
- ● World Bank warns a global recession looks inevitable as food and energy prices spiral"It's hard right now to see how we avoid a recession," World Bank's David Malpass said, given the Ukraine war's impact on prices of energy, food, and fertilizers.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:33 am
- ● British law enforcement raided a Russian oligarch's mansion and seized £30,000 in cash as part of an investigation into possible sanctions violations, report saysThe oligarch, Petr Aven, who's worth around $5.3 billion, has said previously he doesn't know "how to survive" being sanctioned.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:25 am
- ● The man who predicted the Great Resignation regrets how he quit his first job — here are 3 questions he says you should ask yourself before jumping shipTexas A&M management professor Anthony Klotz told the WorkLife With Adam Grant podcast that he regrets the way he quit his first job at a lumber yard.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:23 am
- ● Kremlin insiders are quietly searching for Putin's successor in case he's forced out over the invasion of Ukraine, Russian report saysAmong those discussed are Moscow Mayor Sergey Sobyanin and former President Dmitry Medvedev, Meduza reported.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:22 am
- ● Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdownTerra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of older luna or UST are likely to wait more than a year.... Read more »Source: Business Insider | Published: May 26, 2022 - 11:09 am
- ● 10 things before the opening bellWall Street seems to think that things will only improve if the Fed pumps the brakes on tightening. This and more in today's opening bell newsletter.... Read more »Source: Business Insider | Published: May 26, 2022 - 10:30 am
- ● No need to worry about monkeypox, says Pfizer CEO – just days after Biden said 'everyone' should be concernedAlbert Bourla's comments come as the first monkeypox case is detected in the US and Joe Biden urges caution about the spread of the disease.... Read more »Source: Business Insider | Published: May 26, 2022 - 10:29 am
- ● Russian gas tycoon's $150 million luxury yacht reappears 2 weeks after switching off its tracking signals, data showsThe only reasons that the yachts would turn off trackers are if they don't want to be found or want to create confusion, Spire COO John Lusk said.... Read more »Source: Business Insider | Published: May 26, 2022 - 10:16 am
- ● 10 Things in Tech: Microsoft exec misconductToday we have a new report on what Microsoft employees are saying about executive misconduct... Read more »Source: Business Insider | Published: May 26, 2022 - 10:10 am
- ● Twitter shareholders voted to kick an ally of Elon Musk off the company's board in an apparent snub to the billionaireAt the company's annual meeting Wednesday, Twitter shareholders voted against re-electing Egon Durban, a longtime business associate of Elon Musk.... Read more »Source: Business Insider | Published: May 26, 2022 - 10:00 am
Business Insider
CTV NEWS
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- ● China COVID: Over 100K officials attend emergency meeting to revive economyChina's cabinet held an emergency meeting with more than 100,000 participants on Wednesday, according to state media, as top leaders urged new measures to stabilize an economy battered by the country's stringent COVID-19 restrictions.... Read more »Source: CTV News: Business Headlines | Published: May 26, 2022 - 11:22 am
- ● Cheese not on the table in Canada-U.K. trade talks as Britain seeks market accessBritain wants greater access to Canadian markets for more than 700 varieties of cheese including Stilton, Cheshire, and Wensleydale, a crumbly variety originating from Yorkshire. But Ottawa has made it clear it does not want to see more British cheddar, let alone artisan varieties such as stinking bishop, renegade monk... Read more »Source: CTV News: Business Headlines | Published: May 26, 2022 - 8:43 am
- ● World stocks lower after Fed confirms rate hike plansMajor global stock markets were mostly lower Thursday after notes from the U.S. Federal Reserve's latest meeting confirmed expectations of more interest rate hikes but held no surprises to rattle investors.... Read more »Source: CTV News: Business Headlines | Published: May 26, 2022 - 4:12 am
- Who controls the price of crude oil?Do oil companies control the price of crude? CTVNews.ca asked experts to explain.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 10:12 pm
- Scotiabank, BMO report higher loan growth while ramping up stress-test scenariosBMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 9:28 pm
- U.S. requests second dispute over Canadian dairy import quotasThe Biden administration said on Wednesday it was requesting that a second dispute settlement panel under the U.S.-Mexico-Canada Agreement (USMCA) be formed to review a trade dispute with Canada over dairy import quotas.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 6:53 pm
- Elon Musk revises Twitter financing plan; shares jumpTesla CEO Elon Musk on Wednesday revised the financing plan for his proposed US$44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk's not-entirely-explicable concerns about the number of fake accounts on Twitter.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 5:53 pm
- India curbs sugar exports to ensure supply, stabilize priceIndia is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 11:21 am
- Baby formula crisis another symptom of North American 'managed trade,' experts sayCanada depends on U.S. producers for its own supply of formula, and with the Biden administration again using emergency wartime measures to meet the moment, trade and food security experts alike are worried about the knock-on effects.... Read more »Source: CTV News: Business Headlines | Published: May 25, 2022 - 2:24 am
- Satellite images appear to show Russian ships loading up with Ukrainian grain in CrimeaRussia's theft of Ukrainian grain appears to be ramping up as it continues its war on the country, according to new satellite photos of the Crimean port of Sevastopol.... Read more »Source: CTV News: Business Headlines | Published: May 24, 2022 - 5:51 pm
CTV News: Business Headlines
ECONOMIST BUSINESS
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- ● Will a chipmaking giant’s $60bn bet on software pay off?Cultural clashes and trustbusters could get in the way... Read more »Source: Business | Published: May 26, 2022 - 9:53 am
- ● Is this the end of Davos man?Don’t bank on it... Read more »Source: Business | Published: May 26, 2022 - 9:43 am
- ● BASF’s plan to wean itself off cheap Russian gas comes with pitfallsThe German chemicals giant is turning towards China... Read more »Source: Business | Published: May 26, 2022 - 9:34 am
- ● The power of small gesturesSmall acts of appreciation can delight employees. But they are not meant to be industrialised... Read more »Source: Business | Published: May 26, 2022 - 9:28 am
- Plant-based proteins are no longer a side dish in dietsTheir makers’ place as the main course is another matter... Read more »Source: Business | Published: May 25, 2022 - 3:56 pm
- The recipe for the outperformance of Swiss businessesCommon sense and low taxes make the Alpine nation a corporate haven... Read more »Source: Business | Published: May 23, 2022 - 7:33 pm
- Making brainstorming betterLet’s pour some thought bubbles into the ideas jacuzzi... Read more »Source: Business | Published: May 19, 2022 - 10:09 am
- SPACs raised billions. As mergers dry up, we follow the moneyIt hasn’t gone where you think... Read more »Source: Business | Published: May 19, 2022 - 9:29 am
- Gautam Adani wants to cement his grip on India’s heavy industryAsia’s richest man buys a Swiss-controlled building-materials business for $10.5bn... Read more »Source: Business | Published: May 19, 2022 - 9:25 am
- Why America’s clean-energy industry is stuckBlame in part its climate-friendly president... Read more »Source: Business | Published: May 19, 2022 - 9:22 am
- Shares in America’s big retailers swoonRising costs catch up with Walmart and Target... Read more »Source: Business | Published: May 19, 2022 - 9:19 am
- Elon Musk, Twitter and an epic case of buyer’s remorseThe world’s richest man haggles for a discount... Read more »Source: Business | Published: May 19, 2022 - 9:12 am
- After a bruising year, SoftBank braces for more painThe Japanese investment group is global tech in a nutshell... Read more »Source: Business | Published: May 16, 2022 - 6:47 pm
- The woolliest words in businessInnovation. Sustainability. Purpose. Yuck... Read more »Source: Business | Published: May 14, 2022 - 12:00 am
- Welcome to the era of the hyper-surveilled officeThe Big Brotherly boss will see you now—and always... Read more »Source: Business | Published: May 14, 2022 - 12:00 am
Business
FINANCIAL POST
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- ● U.S. wheat, corn fall on hopes Ukraine supply could start movingLONDON/MUMBAI — U.S. wheat futures hit a three-week low on Thursday, while U.S. corn also fell on lingering hopes that stuck grain supplies from the Black Sea region could start moving. Soybeans, meanwhile, eased on concerns over demand from top consumer China. The most-active wheat contract on the Chicago Board... Read more »Source: Financial Post | Published: May 26, 2022 - 12:04 pm
- ● Hardbacon Launches Equity Crowdfunding Campaign, Secures More Than $400,000 in First 24 HoursThe Montreal-based fintech start-up continues to seek additional investment, as part of its latest equity crowdfunding campaign on FrontFundr. MONTREAL, May 26, 2022 (GLOBE NEWSWIRE) — Hardbacon, a personal finance application used by more than 38,000 Canadians, has launched an equity crowdfunding campaign through the FrontFundr portal where it has... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● The Metals Company Publishes Inaugural Impact Report Detailing Future Operations and Strategy for Net-Positive Planetary ImpactTMC’s first Impact Report outlines the Company’s mission to create a carefully managed metal commons by unlocking the planet’s largest undeveloped source of high-grade battery metals amid surging demand for these materials as the world seeks to address the climate crisis In the context of an accelerated transition to renewable... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● Bank of Canada 50-basis-point June 1 hike a done deal, economists sayBENGALURU — The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who see interest rates at least a half-point higher by year-end than predicted just one month ago. The BoC seems set to follow an... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● Decklar Resources Inc. Announces Trucking of Crude Oil to Market From Oza Oil Field in NigeriaCALGARY, Alberta, May 26, 2022 (GLOBE NEWSWIRE) — Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) is pleased to announce the initial successful shipments of crude oil via trucks from the Oza Oil Field to the Umugini Pipeline Infrastructure Limited (“UPIL”) crude handling facilities. Decklar... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● VVC Engages Sproule Associates to Prepare NI 51-101 ReportTORONTO, May 26, 2022 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company“) announces the following: NI 101-51 ReportingVVC is required, pursuant to National Instrument 51-101 (NI 51-101), to report, on an annual basis, Reserves Data and Other Oil and Gas Information which are to be prepared by an... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● Icanic Brands Provides Corporate Update and Financial GuidanceVANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) — Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a brand operator of premium cannabis brands in California including Real Deal Resin, Ganja Gold, Taylors, Heady, Paleo Paw and LEEF, is pleased to provide the following corporate... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● BIGG Digital Assets Inc. Subsidiary Netcoins Launches Nine New Digital Assets: SAND, DAI, UNI, AAVE, MKR, GRT, CHZ, XTZ, and BATVANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, is pleased to announce the launch... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● ACTO Bolsters Executive Management Team to Meet Significant US Commercial GrowthTORONTO, May 26, 2022 (GLOBE NEWSWIRE) — ACTO, the only complete commercial learning platform for the life science industry, is strengthening its executive management team with two key additions to meet US demand. ACTO has seen significant growth in the US over the past 12 months, including a 118% increase... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
- ● Coveo to Participate in the BofA Securities 2022 Global Technology ConferenceMONTREAL and SAN FRANCISCO, May 26, 2022 (GLOBE NEWSWIRE) — Coveo Solutions Inc. (TSX: CVO), a leader in AI-powered relevance platforms that transform search, recommendations, and personalization within digital experiences, today announced that the company will present at the BofA Securities 2022 Global Technology Conference in San Francisco, CA on... Read more »Source: Financial Post | Published: May 26, 2022 - 12:02 pm
Financial Post
MACAU BUSINESS
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- ● African Union to tackle humanitarian, political crisesAfrican Union leaders gather in Equatorial Guinea on Friday for two summits as the continent contends with humanitarian crises, terrorism and military coups.... Read more »Source: Macau Business | Published: May 26, 2022 - 11:58 am
- ● Chinese official urges high-quality development of digital economyA senior official of the Communist Party of China (CPC) on Thursday called for leveraging strategic opportunities to accelerate the high-quality development of the digital economy.... Read more »Source: Macau Business | Published: May 26, 2022 - 11:48 am
- ● Spain to reform secret services after spying scandal: PMSpain will "strengthen judicial control" over its secret services in the wake of a scandal over the hacking of the mobile phones of top politicians, Prime Minister Pedro Sanchez said Thursday.... Read more »Source: Macau Business | Published: May 26, 2022 - 11:30 am
- ● Legislative Assembly approves first draft of new legal regime for publicly-owned companiesThe Legislative Assembly (AL) today (Thursday) has approved the first draft of a new legal framework for publicly-held companies to regulate the constitution, operation, operation, supervision, as well as the exercise of the rights of shareholders... Read more »Source: Macau Business | Published: May 26, 2022 - 11:17 am
- ● Russian central bank slashes rate to rein in rubleRussia's central bank cut its key interest rate Thursday following an emergency meeting, as authorities seek to rein in the ruble which has surged in value despite the conflict in Ukraine.... Read more »Source: Macau Business | Published: May 26, 2022 - 11:14 am
- ● Taliban ‘making women invisible’ in Afghanistan: UN expertThe Taliban government's restrictions on women are aimed at making them "invisible" in Afghan society, a UN human rights observer said Thursday during a visit to the nation.... Read more »Source: Macau Business | Published: May 26, 2022 - 11:01 am
- ● Temporary housing units in Areia Preta to house over 2,500 Iao Hon residents during redevelopmentTemporary housing units being constructed on Lot P in Areia Preta will have the capacity of providing temporary accommodation for over 2,500 property owners of the seven blocks of flats that make up Iao Hon Estate during redevelopment, Macau Urban Renewal Limited (MUR) revealed... Read more »Source: Macau Business | Published: May 26, 2022 - 10:49 am
- ● Hundreds stranded after ransomware attack on Indian airlineHundreds of Indian air travellers were stranded inside their planes after the low-cost airline SpiceJet cancelled or delayed flights due to an "attempted ransomware attack", the company has said.... Read more »Source: Macau Business | Published: May 26, 2022 - 10:48 am
- ● Inner Harbour fishing boat fire caused by electrical equipmentThe Inner Harbour fishing boat fire case was caused by electrical equipment failure, Director of Marine and Water Bureau (DSAMA), Wong Soi Man indicated today (Thursday)... Read more »Source: Macau Business | Published: May 26, 2022 - 10:35 am
- ● China-ASEAN cooperation gains steam as ties grow strongerDespite COVID-19 outbreaks and growing uncertainties, China sees unstoppable momentum in its cooperation with the Association of Southeast Asian Nations (ASEAN), and is ready to further deepen its strategic partnership.... Read more »Source: Macau Business | Published: May 26, 2022 - 10:30 am
- ● UK plans consumer support as energy bills soarBritain's finance minister Rishi Sunak was Thursday to unveil a support package for consumers hit by soaring energy bills, reportedly with help from a controversial windfall tax on oil giants.... Read more »Source: Macau Business | Published: May 26, 2022 - 10:16 am
- ● Number of MICE events improves in Q1A total of 97 MICE events were held in Macau in the first quarter of 2022, an increase of about a third from the same period last year, as the number of participants and attendees rose by 20 per cent to 165,000... Read more »Source: Macau Business | Published: May 26, 2022 - 10:14 am
- ● Australia bidding to host UN climate summit, set new emissions targetAustralia will present a more ambitious UN emissions target "very soon" and is bidding to co-host a COP summit with Pacific island neighbours, Foreign Minister Penny Wong said on Thursday, signalling a ground shift in climate policy.... Read more »Source: Macau Business | Published: May 26, 2022 - 10:00 am
- ● Future satellite casino management fees should be adjusted according to gaming revenue – David ChowThe chairman and non-executive director of Macau Legend, David Chow Kam Fai, that future management fees to be charged to companies responsible for satellite casinos should not be fixed but adjusted according to the gambling revenue ratio of the property.... Read more »Source: Macau Business | Published: May 26, 2022 - 9:56 am
- ● Chinese premier stresses need to implement policies to stabilize economyChinese Premier Li Keqiang on Wednesday underlined the need to earnestly implement policies to stabilize the economy and support market entities, employment and people's livelihoods.... Read more »Source: Macau Business | Published: May 26, 2022 - 9:44 am
Macau Business
AFLOAT.IE – IRELAND BOATING MAGAZINE
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- ● Aidan Cotter Appointed as New Bord Iascaigh Mhara (BIM) ChairMinister for Agriculture, Food and the Marine, Charlie McConalogue, today announced the appointment of Aidan Cotter as Chair of Board Iascaigh Mhara (BIM). BIM is the State Agency that helps to develop the Irish seafood industry by providing technical expertise,…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 11:52 am
- ● GP14 Ulster Championships at Lough Foyle Yacht Club Won By Ross Kearney and Andrew VaughanRoss Kearney and Andrew Vaughan from Royal North YC on Belfast Lough topped the 26 strong GP14 fleet at the Ulster Championships over the third weekend this month. The event was hosted for the first time since 2018 by Lough…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 11:43 am
- ● Port of Cork and Cork City Council Reach 'Agreement in Principle' on Future Sale of City QuaysAs the Irish Examiner reports, Cork City Council is set to spend millions buying the Port of Cork’s city-centre quays to help facilitate one of the largest docklands regeneration schemes in Europe. The local authority and the commercial semi-State company…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 10:37 am
- ● Past Irish Victories Recalled as 24th IRC National Championship at Cowes Sets Sail in a FortnightOne of the pinnacle events of the IRC rating system in the UK will take place over 10-12 June from Cowes and Ireland's past victories are recalled as Anthony O'Leary's former winner, the Ker 40 Antix, is racing in the…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 9:37 am
- ● Calls to Greenore Port See Increase in Number of ArrivalsOn Carlingford Lough is Greenore Port which has seen a 31% increase in the number of vessels arriving to the port between 2019 and 2021, with the gross tonnage increasing by a quarter, according to the latest Central Statistics Office…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 9:35 am
- ● Connemara Lobster Fishermen Becomes Star of Dutch Television Dating SeriesA Connemara lobster fisherman has become a television star in the Netherlands over his role in a highly successful dating series. As The Irish Examiner reports, Turbot island fisherman and farmer John O’Toole was hired to take a Dutch couple…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 9:29 am
- ● Big Fleet Gathering in Dun Laoghaire for ISORA Race Six to HolyheadA 23 boat fleet – with possibly more to come as entries are still open this week – is mustering at Dun Laoghaire Harbour for the second cross channel ISORA race of the season this Saturday. Starting at 8 am, the Dun…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 7:55 am
- ● Gear Failure in Final Qualification Race Drops Finn Lynch to 11th Overall at Mexico Laser WorldsFinn Lynch's defence of his ILCA 7/Laser World Championships silver medal suffered a gear failure setback yesterday at Vallarta, Mexico when the National Yacht Club ace posted a 'Did not Compete' (DNC) in his final qualification race. Until yesterday, the…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 26, 2022 - 5:45 am
- Moosmie Wins as Water Wags Brave Blustery Winds at Dun Laoghaire for DBSC RaceThe Water Wag dinghy class had one Dublin Bay Sailing Club race on Wednesday evening in a blustery Dun Laoghaire Harbour. So blustery in fact, Race Officer Tadgh Donnelly went out in advance a DBSC RIB to review the conditions…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 9:23 pm
- Courtmacsherry RNLI Lifeboat in Callout to Kayaker in Difficulties off the Old Head of Kinsale in West CorkThe Courtmacsherry RNLI All Weather Lifeboat “Frederick Storey Cockburn” was called out this afternoon at 3.15 pm, by the Valentia Coast Guard Marine Rescue Co-Ordination Centre, when a lone kayaker got into difficulties on the western side of the Old…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 5:50 pm
- Environment Minister Welcomes Grants of Over €1m for Fisheries Conservation Across IrelandThe Minister for the Environment has welcomed new funding to 34 projects in 14 counties under the Habitats and Conservation Scheme 2022 awarded by Inland Fisheries Ireland (IFI). Under two separate funds — the Salmon and Sea Trout Rehabilitation, Conservation and Protection Fund and…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 5:13 pm
- J24 One Design 'Legal Alien' is for SaleThe J/24 One Design 'Legal Alien' racing keelboat is for sale and priced at €14,000 The 1987 Rogers hull is in excellent condition and race-ready, according to seller Jill Sommerville. A marine surveyor report has been completed on the keelboat and the…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 5:11 pm
- National Marine Planning Framework Public Consultation Document PublishedNew objectives on energy and on the role of the fishing industry in food security are among changes to the National Marine Planning Framework (NMPF) which are outlined in a consultation document. The NMPF public consultation was twice extended due…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 1:26 pm
- Portrush RNLI Assists Eight People after Motorboats Get into Difficulty off The SkerriesPortrush RNLI in Northern Ireland came to the aid of eight people last night (Tuesday 24 May) after their motorboats got into difficulty off The Skerries. The inshore lifeboat was requested to launch at 8.15 pm following a report that…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 1:16 pm
- Irish Marine Research Vessels, the Celtic Voyager and Celtic Explorer Celebrated in 'Oceans of Learning' ProgrammeOceans of Learning, a collaboration between the Marine Institute and Government departments and organisations across Ireland, this week focuses on Ireland’s national marine research vessels, the Celtic Voyager and Celtic Explorer. The RV Celtic Voyager came into service in 1997…... Read more »Source: Afloat – Ireland's Sailing and Boating Magazine | Published: May 25, 2022 - 12:52 pm
Afloat – Ireland's Sailing and Boating Magazine
AIR CARGO NEWS
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- ● Forwarders need more understanding of digitalisation, says AfA chiefForwarders are ready to invest in digitisation but need to understand better its worth beyond being a shipper or regulatory... Read More The post Forwarders need more understanding of digitalisation, says AfA chief appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 26, 2022 - 11:53 am
- ● Airblox marketplace offers real-time airfreight capacityAviation finance technology (fintech) pioneer Airblox has launched a live feed of global airfreight scheduled flight capacity for its electronic... Read More The post Airblox marketplace offers real-time airfreight capacity appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 26, 2022 - 11:43 am
- ● UPS moves into India with new joint ventureUPS is teaming up with India-based travel conglomerate InterGlobe Enterprises to launch a new company targeting the growing express sector... Read More The post UPS moves into India with new joint venture appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 26, 2022 - 9:50 am
- ● Lufthansa Group and MSC make joint bid for ITA AirwaysGerman airline Lufthansa has submitted a joint bid with Switzerland-headquartered shipping firm Mediterranean Shipping Co. (MSC) for a stake in... Read More The post Lufthansa Group and MSC make joint bid for ITA Airways appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 26, 2022 - 9:28 am
- ● Awery: Shift to online spot bookings here to stayAir cargo software firm Awery believes the growth in online spot bookings fuelled by the Covid pandemic is a trend... Read More The post Awery: Shift to online spot bookings here to stay appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 26, 2022 - 9:01 am
- Shanghai port congestion could pile on airfreight pressureCovid lockdown measures in Shanghai are drawing to a close but a backlog of shipping containers at the Port of... Read More The post Shanghai port congestion could pile on airfreight pressure appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 25, 2022 - 3:44 pm
- Digitalisation project to boost UAE air cargo securityIATA and Federal Authorities for Identity, Citizen, Custom and Port Security (ICP) in the UAE are working together to enhance... Read More The post Digitalisation project to boost UAE air cargo security appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 25, 2022 - 3:04 pm
- Ethiopian signs up for five more B777FsEthiopian Airlines has added to its freighter orderbook with the addition of five more Boeing 777Fs. The aircraft will add... Read More The post Ethiopian signs up for five more B777Fs appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 25, 2022 - 2:44 pm
- Dronamics secures EU’s light operator certificateMiddle-mile drone company Dronamics has obtained the European Union’s Light UAS Operator Certificate (LUC) that will allow it to self-authorise... Read More The post Dronamics secures EU’s light operator certificate appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 25, 2022 - 11:34 am
- Industry boss warns of ACMI market deficitThe ACMI market could soon experience a deficit and problems such as order backlogs, one air cargo stakeholder has warned.... Read More The post Industry boss warns of ACMI market deficit appeared first on Air Cargo News.... Read more »Source: Air Cargo News | Published: May 25, 2022 - 10:25 am
Air Cargo News
EIOPA – EUROPEAN INSURANCE
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- EIOPA assesses European insurers’ exposure to physical climate change risksEIOPA assesses European insurers’ exposure to physical climate change risks The report presents the first results based on a large data collection exercise from the industry. It focuses on property, content and business interruption insurance against windstorm, wildfire, river flood and coastal flood risks. These risks have been identified as... Read more »Source: Eiopa Feed News | Published: May 20, 2022 - 8:31 am
- EIOPA issues recommendation to the Národná banka SlovenskaEIOPA issues recommendation to the Národná banka Slovenska On 17 May 2022, the European Insurance and Occupational Pensions Authority (EIOPA) issued a recommendation to the Národná banka Slovenska (NBS) in accordance with its powers laid down in Article 17 of the EIOPA Regulation concerning breach of Union law. A Slovakian... Read more »Source: Eiopa Feed News | Published: May 19, 2022 - 10:30 am
- ESAs call for improvements in product descriptions intended for retail investorsESAs call for improvements in product descriptions intended for retail investors The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) issued today a joint supervisory statement regarding the ‘What is this product?’ section of the key information document (KID) for packaged retail and insurance-based investment products (PRIIPs). The expectations... Read more »Source: Eiopa Feed News | Published: May 10, 2022 - 8:00 am
- EIOPA reacts to stakeholders’ views on blockchain in insuranceEIOPA reacts to stakeholders’ views on blockchain in insurance The European Insurance and Occupation Pensions Authority (EIOPA) published today a Feedback Statement on blockchain and smart contracts in insurance. The document provides a high-level summary of the responses received from stakeholders during a public consultation on the topic as well... Read more »Source: Eiopa Feed News | Published: May 6, 2022 - 8:43 am
- Pepp timelinePepp timeline The Pan-European Personal Pension Product (PEPP) Regulation starts to apply.... Read more »Source: Eiopa Feed News | Published: May 5, 2022 - 12:31 pm
- EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-April 2022EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-April 2022 Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of April 2022. RFR technical... Read more »Source: Eiopa Feed News | Published: May 4, 2022 - 12:48 pm
- Risk Dashboard shows resilient insurance sector even as macro and cyber risks aboundRisk Dashboard shows resilient insurance sector even as macro and cyber risks abound The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on Solvency II data from the fourth quarter of 2021. The results show that insurers’ exposures to macro risks are currently the main... Read more »Source: Eiopa Feed News | Published: May 2, 2022 - 9:37 am
- ESAs consult on sustainability disclosures for Simple, Transparent and Standardised securitisationsESAs consult on sustainability disclosures for Simple, Transparent and Standardised securitisations Today the European Supervisory Authorities (EBA, EIOPA and ESMA) published a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) on the content, methodologies and presentation of information in respect of the sustainability indicators for Simple, Transparent and...... Read more »Source: Eiopa Feed News | Published: May 2, 2022 - 8:29 am
- ESAs recommend changes to make the PRIIPs key information document more consumer-friendlyESAs recommend changes to make the PRIIPs key information document more consumer-friendly The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today their technical advice to the European Commission on the review of the PRIIPs Regulation. The advice will serve as input for developing the Commission’s Retail Investment... Read more »Source: Eiopa Feed News | Published: April 29, 2022 - 8:01 am
- EIOPA publishes advice on Retail Investor ProtectionEIOPA publishes advice on Retail Investor Protection The European Insurance and Occupational Pensions Authority (EIOPA) has published today its Final Report with its advice to the European Commission on retail investor protection in relation to the sale of Insurance-Based Investment Products (IBIPs). EIOPA’s main findings in the areas which the...... Read more »Source: Eiopa Feed News | Published: April 29, 2022 - 7:53 am
- EIOPA consults on IORPs reporting rulesEIOPA consults on IORPs reporting rules The European Insurance and Occupational Pensions Authority (EIOPA) launched today a public consultation regarding EIOPA’s regular information requests to national competent authorities (NCAs) for occupational pension information. The aim of the public consultation is to improve IORPs reporting...... Read more »Source: Eiopa Feed News | Published: April 25, 2022 - 9:18 am
- EIOPA finalises the revision of EIOPA’s Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical ProvisionsEIOPA finalises the revision of EIOPA’s Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical Provisions The European Insurance and Occupational Pensions Authority (EIOPA) published today two Final Reports on the revision of the EIOPA Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical Provisions. EIOPA... Read more »Source: Eiopa Feed News | Published: April 21, 2022 - 8:35 am
- ESAs publish joint Annual Report for 2021ESAs publish joint Annual Report for 2021 The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today its 2021 Annual Report, providing a detailed account of its joint work completed over the past year. The Joint Committee, under ESMA’s chairmanship in 2021, continued... Read more »Source: Eiopa Feed News | Published: April 19, 2022 - 8:47 am
- ESAs see recovery stalling amid existing and new risksESAs see recovery stalling amid existing and new risks The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their first joint risk assessment report for 2022. The report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks.... Read more »Source: Eiopa Feed News | Published: April 13, 2022 - 11:56 am
- EIOPA consults on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDDEIOPA consults on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD The European Insurance and Occupational Pensions Authority (EIOPA) has launched today a public consultation on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD. The Guidelines... Read more »Source: Eiopa Feed News | Published: April 12, 2022 - 12:02 pm
Eiopa Feed News
FOREX LIVE
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- ● US futures pull back higher ahead of North American tradingAfter a bit of a back and forth start, equities are catching a bit more of a bid in the past half-hour. US futures have pulled higher with S&P 500 futures now up 0.6% on the day close to 4,000: Nasdaq futures are up 0.4% and Dow futures are also... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 11:17 am
- ● Dollar stays more sluggish, set for back-to-back weekly lossesIf you go by the dollar index, that will be the first time this year the dollar has fallen in consecutive weeks. However, context is important and it comes after strong gains in the past six weeks prior which saw:EUR/USD fall to test its late 2016 lows just below 1.0400USD/JPY... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 10:53 am
- ● Germany says pushing for Russia oil embargo, or may seek alternatives, in coming daysHabeck singles out Hungary ahead of the next meeting between EU leaders at the end of the month. He says that:"(All countries need to reduce their oil dependency on Russia) That includes Hungary. If you take that as the basis of discussion, then an agreement should be possible. If you... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 9:32 am
- ● Equities nudged back a little lower in push and pull sessionAnd back the other way we go. If anything else, this still suggests that the overall mood in equities is rather unsettled - even if US stocks may avoid an eighth straight weekly drop this week. A look across the board:Eurostoxx +0.3%Germany DAX +0.3%UK FTSE flatFrance CAC 40 +0.3%S&P 500... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 9:10 am
- ● The Future of Fintech Under Web 3.0The dramatic transformation of the World Wide Web triggered Web 3.0 in 2021, powered by blockchain technology, artificial intelligence, and machine learning. It completely reshaped businesses and operating models, forcing traditional banking systems and financial service companies to step into uncharted territory. We chatted with Octavian Patrascu, founder of... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 8:51 am
- ● 10-year Treasury yields fall to six-week lowThe bond market remains an interesting spot to watch and after the unrelenting selloff (amid deleveraging pressures) in March and April, we are seeing steady bids in the past three weeks. It may be overdue after what has been rather one-way traffic since the start of the year, with 10-year... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 8:14 am
- ● Bitcoin is stable, but Ether’s performance reflects the pressureBitcoin ignored the positive dynamics of US stock indices on Wednesday, further reducing the amplitude of its fluctuations. The first cryptocurrency has been moving in a $29.5-30.0K range since the start of active trading in New York. We caution that this reduction in volatility risks turning into an explosion in... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:59 am
- ● Equities mood picks up a little to start the sessionA snapshot of the equities market at the moment:Eurostoxx +0.6%Germany DAX +0.6%UK FTSE +0.2%France CAC 40 +0.5%S&P 500 futures +0.3%Nasdaq futures flatDow futures +0.3%Of note, S&P 500 futures are now up 12 points after being down 16 points just around two hours ago. As mentioned during the week, US equities... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:47 am
- ● Bank of Russia lowers key rate to 11% from 14%Holds open the prospect of key rate reduction at upcoming meetings External conditions for Russian economy remain challenging, considerably constraining economic activity Not much change in the Russian ruble, which is among the best performing currencies in the world this year (after being among the worst back in March):... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:36 am
- ● Yen catches slight bid on Kuroda remarksIt seems like BOJ governor Kuroda's remarks about exit strategy from easy policy is triggering a few bids/algos but as mentioned here, this isn't the first time that the central bank has talked about this. As much as everyone is anxious about a policy shift in the BOJ, they have... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:17 am
- ● European equities little changed at the openEurostoxx flatGermany DAX +0.2%France CAC 40 flatUK FTSE flatSpain IBEX +0.3%The changes are light as market participants are still sorting out their feet on the day. Overall, there is still a hint of caution but bear in mind that US equities are at least trying to snap a run of... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:07 am
- ● How Pandemic (Covid-19) has Benefitted the Forex Market?Trading online offered a new source of income for an astounding number of people who stayed at home during pandemics. The Forex market saw a 50% spike in trading volume after only a couple of months through the pandemic. The evolution of the COVID-19 virus has been incredible to... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:05 am
- ● BOJ's Kuroda: Easy policy must be maintained for the time beingBut when the right time comes, BOJ will debate exit strategy and lay out its plan to the publicWhen debating exit strategy, the key will be how to raise rates and reduce balance sheetBOJ will likely combine rate hike and balance sheet reductionHowever, specific means, timing will depend on various... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 7:01 am
- ● BOJ's Kuroda: Don't expect inflation to stay around 2% next year, and the year afterIn this sense, he's just reaffirming that the ultra-easing policy will still be needed. And that sort of corroborates with what the government wishes for. Carry on as you will.... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 6:59 am
- ● Japan PM Kishida: Sharp yen moves are undesirableDoes not think that there is a gap in view on FX between Suzuki (finance minister) and Kuroda (BOJ governor)Weak yen is positive for exporters, though it hurts households, some businessesKuroda has said weak yen is good for the economy as a whole, but there are some demeritsCannot say whether... Read more »Source: Forexlive RSS Breaking News Feed | Published: May 26, 2022 - 6:44 am