Page 49 - Christopher Cushing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HONG KONG/SHANGHAI/BEIJING (Reuters) -Chinese regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss maturity extension, two sources said. The sources with direct knowledge of the matter said the financial institutions were asked to make progress quickly, and that the State Council - China's cabinet - is coordinating effort related to supporting China Vanke.

Revisions now put economic growth at +0.1% q/q in the fourth quarter, instead of -0.1%, so nullifying all the media lamentation about Japan's contraction. When it comes to about $4 trillion of annual GDP such a small revision is just statistical noise, but it fit the narrative of stabilisation that is encouraging the Bank of Japan to contemplate the end of negative interest rates. Four sources tell Reuters a growing number of policymakers are warming to the idea of normalising rates this month on expectations of hefty pay hikes in this year's annual wage negotiations.

The yen strengthened against the dollar on Monday as signs the Bank of Japan will exit negative interest rates at its policy meeting next week contrasted with expectations for the Federal Reserve to...

A look at the day ahead in European and global markets from Wayne Cole. So Japan isn't in recession after all. Revisions now put economic growth at +0.1% q/q in the fourth quarter,... -March 11, 2024 at 01:30 am EDT - MarketScreener

The yen continued to rise on Monday as an upward revision in Japan's growth figures bolstered investors' bets that interest rates could rise this month, while bitcoin hit a new record high above...