About: anakin

Recent Posts by anakin

Caterpillar foresees a tariff impact of US$1.5bn to 1.8bn, causing a share price decline

Caterpillar lowers profit margin outlook as tariff impact grows to up to $1.8B, shares dip afterwards.

Chancellor Rachel Reeves may enhance revenue through a windfall tax on banks’ excessive profits

UK considers windfall tax on banks’ profits from deposits, potentially raising billions for fiscal space.

The PBOC is anticipated to establish the USD/CNY reference rate at 7.1274 according to Reuters

PBOC sets daily USD/CNY midpoint at 7.1274, allowing 2% fluctuation within managed exchange band.

Japan’s July data reveals a decline in industrial output and lower-than-expected retail sales growth

Japan’s industrial production drops 1.6% in July; modest retail sales growth beats expectations but slows.

Tokyo’s inflation reached 2.6% annually, prompting considerations for further Bank of Japan interest rate increases

Tokyo’s core inflation rose 3.1%, the highest since January 2024, amid steady wage and price gains.

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