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China’s mainland-listed shares are on track to enter a technical bear market as waning hopes for substantial stimulus, lackluster earnings and lingering jitters over the global artificial intelligence trade weigh on sentiment.
The People's Bank of China could effectively cut rates by shifting its policy benchmark from the seven-day reverse-repo rate to the overnight rate. Javelin Wealth Management Partner Polka Mishra describes the initiative as an "effective easing", but warns it is likely not sufficient to revive consumer sentiment and more akin to "drip feeding". (Source: Bloomberg)
Tokyo, Oct. 13 (Jiji Press)--The Japanese government on Tuesday adopted three bills to strengthen and diversify the country's energy supply chains amid disruptions caused by the war in the Middle East. One of the bills calls for providing subsidies to refineries to help cover cost increases stemming from efforts to procure crude oil through routes outside the Strait of Hormuz. The second...
Speaking at the inauguration of the Tourism department’s ‘Brand Wayanad’ project on Tuesday, Tourism Minister P.C. Vishnunadh says the government will take steps to make tourism activities more vibrant in the Malabar region
Policy to promote renewable energy, reduce dependence on imports of natural gas, & reduce carbon emissions. Policy in line with “National Green Hydrogen Mission 2023”.