11:12:38
Brent crude oil fell back below $86/barrel, down 0.07% on the day.
11:06:43
Thailand’s exports in February reached US$23.4 billion, a year-on-year increase of 3.6%.
11:06:24
Hong Kong Secretary for Financial Services and the Treasury Hui Ching-yu: We are considering providing tax arrangements to promote private investment. Although capital markets have been affected by high interest rates, the insurance and wealth sectors have shown strong growth.
11:05:44
Hong Kong Secretary for Financial Services and the Treasury Henry Hui Ching-yu: We are confident that we can achieve the goal of attracting 200 family offices announced by Hong Kong leaders last year.
10:41:06
The Philippines and Japan signed a 250 billion yen loan agreement for road and subway construction.
10:35:06
The main contract of the Container Shipping Index (European Line) fell 8.00% during the day and is now at 1751.0 points.
10:05:58
According to a Reuters survey: the Reserve Bank of India is expected to lower the repo rate by 50 basis points to 6.00% by the end of 2024. The Indian economy will grow by 7.6% in fiscal year 2023-2024 and by 6.6% in 2024-2025.
10:02:30
According to Yonhap News Agency, data released on Tuesday showed that South Korea’s retail sales in February increased by 13.7% year-on-year due to rising demand during the Spring Festival. Supermarket sales increased by 21% during the period as demand for food increased by 29.5% as consumers prepared for family gatherings. Driven by ready-to-eat food, convenience store sales also increased by 9.4% during the same period. Online platform sales increased 15.7% year-on-year in February, driven by strong food demand growth of 36.2%. However, amid ongoing inflation, consumers scaled back online spending on fashion and sporting goods, which fell 9.5% and 4.3% respectively.
10:00:46
Sri Lanka lowered the benchmark lending rate from 10.00% to 9.50% and the deposit reserve ratio from 9.00% to 8.50%.
09:53:17
The main contract of lithium carbonate fell by 4.00% during the day and is now quoted at 106,750 yuan/ton.
09:53:11
The main contract of the Container Shipping Index (European Line) fell by 6.00% during the day and is now at 1791.3 points.
09:30:58
Japan will issue 2.6 trillion yen of 10-year government bonds on April 2.
09:24:16
According to Yonhap News Agency: South Korean President Yin Xiyue promised to significantly expand investment in research and development in the 2025 budget.
09:11:13
Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR Government: Hong Kong’s economy is growing steadily.
09:00:28
WTI crude oil stood at $82 per barrel, up 0.25% on the day.
08:12:34
Japanese Finance Minister Shunichi Suzuki: The impact of foreign exchange on the Japanese economy will be appropriately analyzed.
07:58:47
According to The Verge: Microsoft (MSFT.O) announced today that it will appoint Pavan Davuluri as its new head of Windows and Surface.
07:52:42
Japanese Finance Minister Shunichi Suzuki: Japanese Deputy Finance Minister Masato Kanda did not inform me of foreign responses to foreign exchange actions.
07:48:02
Japanese Finance Minister Shunichi Suzuki: Pay close attention to foreign exchange fluctuations with a high sense of urgency.
07:47:40
Japanese Finance Minister Shunichi Suzuki: Excessive foreign exchange fluctuations may have negative impacts.