• 02/25/2025

RBA Signals That Rate Hike Pause May Not Be End of Tightening Cycle

Wall Street Journal The Reserve Bank of Australia said it doesn’t want to send a message that the tightening cycle is over, despite announcing a pause in interest-rate increases this month. https://www.wsj.com/articles/rba-signals-that-rate-hike-pause-may-not-be-end-of-tightening-cycle-e89d8c5f

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U.S. dollar up in Taipei trading

Taipei, April 18 (CNA) The U.S. dollar was traded at NT$30.500 at 10 a.m. Tuesday on the Taipei Foreign Exchange, up NT$0.060 from the previous close. https://focustaiwan.tw/business/202304180004

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China ready to cooperate with Russia and seek way to resolve “Ukraine crisis” – Chinese Ministry of Foreign Affairs

Pravda Ukraine China is ready for a strategic partnership with Russia and cooperation with the international community to find a political solution to the “crisis in Ukraine”. Source: Ukrinform citing Wang Wenbin, spokesman for the Ministry of Foreign Affairs of the People’s Republic of China, commenting on the issue of Beijing’s arguments for strengthening military…

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Washington carries out provocative course towards Moscow in Ukraine — envoy Antonov

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The envoy noted that he does not believe “the military official’s words that the US expressed concerns over the use of US-made weapons for strikes deep inside Russian territory” https://tass.com/politics/1605659

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China’s Economy Rebounds After Three Years of Zero-Covid Isolation

Wall Street Journal Retail sales rose more than 10% in March, topping expectations and hinting at increased consumer confidence. https://www.wsj.com/articles/chinas-economy-rebounds-after-three-years-of-zero-covid-isolation-693ed73

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China GDP: economy grew by 4.5 per cent in first quarter amid recovery drive

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s economic growth in the first quarter was above market expectations amid Beijing’s all-out recovery measures, data released on Tuesday showed. https://www.scmp.com/economy/economic-indicators/article/3217391/china-gdp-economy-grew-45-cent-first-quarter-amid-recovery-drive?utm_source=rss_feed

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Asian Currencies Consolidate Ahead of Key China Data

Wall Street Journal Asian currencies consolidated ahead of key Chinese data due this morning, including 1Q GDP. https://www.wsj.com/articles/asian-currencies-consolidate-ahead-of-key-china-data-1295dcf8

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Prigozhin regaining favour with Putin – ISW

Pravda Ukraine The Institute for the Study of War (ISW) has concluded that Wagner Group financier Yevgeny Prigozhin “is seemingly regaining some favour with Russian President Vladimir Putin”. Source: ISW report on 17 April 2023 Details: The ISW has reported that Prigozhin might have regained Putin’s favour as Russian armed forces are failing to fulfil…

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US hopes for regular consular access to Gershkovich in Russia — White House

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Washington will continue to work on his release, US National Security Council Strategic Communications Coordinator John Kirby said https://tass.com/world/1605655

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Taiwan shares open higher

Taipei, April 18 (CNA) The Taiwan Stock Exchange’s main index opened up 4.34 points at 15,967.89 Tuesday on turnover of NT$2.82 billion (US$92.35 million). https://focustaiwan.tw/business/202304180003

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