More from @Sino_Market

CN Wire

@Sino_Market

Apr 10

#BREAKING
China is to speed up the construction of a Big Uniform Market, to unify the high regulation standards, production factors&resourses, goods, services, etc. into a nationwide market. -Xinhua News
#China #econtwitter

China will unify the regulation standards in the financial sector, to build a uniform capital market.
China will build a uniform energy market, to achieve carbon neutrality while securing the energy supply security.
#China #OOTT

#China will strengthen anti-monopoly measures, especially to avoid big-platform enterprises conducting inappropriate competitions via adopting data, algorithms, and other tech measures.
$KWEB $FXI $HXC

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CN Wire

@Sino_Market

Apr 8

SRI LANKA RAISES STANDING LENDING RATE TO 14.5% FROM 7.5% AND STANDING DEPOSIT RATE TO 13.5% FROM 6.5%.
#SriLanka

SRI LANKA CENTRAL BANK: SRI LANKA INFLATIONARY PRESSURES COULD FURTHER INTENSIFY.
#SriLanka

SRI LANKA CENTRAL BANK: BOARD WAS OF VIEW SUBSTANTIAL POLICY RESPONSE IMPERATIVE TO ARREST BUILDUP OF ADDED DEMAND DRIVEN INFLATIONARY PRESSURES. BOARD WAS OF VIEW SUBSTANTIAL POLICY RESPONSE IMPERATIVE TO PREEMPT ESCALATION OF ADVERSE INFLATIONARY EXPECTATIONS.
#SriLanka

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CN Wire

@Sino_Market

Apr 8

China premier holds meeting with business leaders, experts: radio

China's premier Li Keqiang: China's economy faces greater uncertainties and challenges.
#China $CNY $CNH

#China's Premier Li: China's overall economic operation is within a reasonable range, but some unexpected factors in international and domestic environment exceed expectations. Should step up policy measures in timely way. Will keep yuan exchange rate basically stable.
$CNY $CNH

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CN Wire

@Sino_Market

Apr 8

#China's banking regulator CBIRC says to further scale up support for development of small and micro enterprises in 2022.
cbirc.gov.cn/cn/view/pages/…

#China's CBIRC asks banking institutions to boost credit support and enhance availability of loans for SMEs.

#China's CBIRC: Banking institutions should 'do a good job' in continuation of deferred debt service policy and management of loan terms; should dynamically reflect trend of LPR, effectively transmit policy dividends in loan interest rate pricing mechanism for SMEs.

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CN Wire

@Sino_Market

Apr 7

INTERNATIONAL ENERGY AGENCY (IEA): OVER THE NEXT SIX MONTHS, AROUND 240 MILLION BARRELS OF EMERGENCY OIL STOCKS WILL BE MADE AVAILABLE TO THE GLOBAL MARKET.
#OOTT #IEA

IEA: EMERGENCY OIL STOCKS IN IEA MEMBER COUNTRIES ARE EITHER IN THE FORM OF PUBLIC STOCKS (GOVERNMENT-OWNED OR BY SPECIALISED AGENCIES) OR STOCKS HELD BY INDUSTRY UNDER AN OBLIGATION OF THE GOVERNMENT.
#OOTT #IEA

IN THE CASE OF PUBLIC STOCKS, THESE CAN BE RELEASED VIA TENDERS OR LOANS TO THE MARKET, WHICH WILL BE LAUNCHED AND RELEASED OVER THE COMING WEEKS AND MONTHS, DEPENDING ON THE SPECIFIC STOCKHOLDING SYSTEM AND MARKET NEEDS IN EACH COUNTRY.
#OOTT #IEA

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