In addition to the announcement on border reopening there will be details of the wind-down of MIQ (isolation)
In addition to the announcement on border reopening there will be details of the wind-down of MIQ (isolation)
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Japan PM Takaichi said it is too early to set a numerical minimum-wage target, arguing the government should instead foster conditions that let firms lift pay above inflation. Regional businesses have voiced concerns about mandated wage increases.
UBS: China’s AI power build-out (5–6GW) is modest vs U.S. (40–45GW), signalling no bubble. UBS lifts China power-demand outlook, sees AI-driven surge and faster energy investment.
PBOC is expected to set the USD/CNY reference rate at 7.0964 – Reuters estimate
China opens doors for private capital in infra projects, lifting ownership caps. FDI down 10% signals shift.
Gold rebounds to $4,260 on ETF demand; UBS sees 10% upside on risks. Trading volume hits $208B.
China - Evergrande Property Services invites updated bids as liquidation process advances The slow progression underscores ongoing uncertainty around asset realisation from the wider Evergrande collapse.
El-Erian flags consumer spending risks & $18.5T debt refinancing at higher rates. Watch for credit 'accidents'!
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