Browsing: Forex News
Headline: Beijing Slams Japan’s PM Takaichi Over Taiwan Defense Warning Introduction: Beijing has sharply criticized Japanese Prime Minister Sanae Takaichi after she signaled Japan could deploy its Self-Defense Forces in the event of a Taiwan… (via Bpaynews real-time desk)
Headline: China Directs Scarce AI Chips to Huawei as U.S. Export Controls Tighten Introduction: Beijing is reshaping its semiconductor strategy by steering limited advanced chip capacity toward Huawei, underscoring how U.S. export controls are reshaping…
Headline: Nomura Calls December Fed Pause as Strong Labor Market Tempers Rate-Cut Bets Introduction: Nomura expects the Federal Reserve to leave interest rates unchanged at its December 9–10 policy meeting, diverging from market consensus that… (via Bpaynews real-time desk)
Headline: McDonald’s Warns SNAP Disruptions Are Squeezing Low-Income Diners Introduction: McDonald’s says disruptions to Supplemental Nutrition Assistance Program (SNAP) benefits are adding fresh pressure on low-income consumers, with ripple effects already visible in quick-service restaurant… (via Bpaynews real-time desk)
Headline: Fed Split Widens as December Rate Cut Hangs in the Balance The Federal Reserve’s once-steady consensus is fracturing, with policymakers increasingly divided over whether persistent inflation or a weakening labor market presents the greater… (via Bpaynews real-time desk)
Headline: Chinese Banks Use ‘Phantom Loans’ to Meet Quotas as Credit Demand Slumps Introduction: China’s banking sector is under pressure as lenders allegedly cycle funds in and out of accounts to satisfy lending targets, despite…
Headline: Trump Administration Readies Broad Offshore Drilling Comeback The White House is poised to roll out a sweeping offshore drilling plan that would reopen federal waters off California, Alaska, and the Eastern Gulf of Mexico…
Goldman Sachs Flags First U.S. Payroll Drop Since 2020 as Job Market Cools The U.S. labor market may be hitting a turning point. Goldman Sachs now expects nonfarm payrolls to have fallen by about 50,000…
PBOC sets stronger USD/CNY fix at 7.0833, signaling firmer yuan stance The People’s Bank of China set the yuan’s daily reference rate at 7.0833 per U.S. dollar today, a stronger fix than the market’s 7.1141… (via Bpaynews real-time desk)
Headline: White House Weighs Limits on Proxy Advisers and Index-Fund Voting Power The White House is evaluating an executive order that could significantly reshape U.S. corporate governance by curbing the influence of proxy-advisory firms and… (via Bpaynews real-time desk)