 |
|
|
|||||
The Peoples Bank of China vowed to guide borrowing costs to continue hovering at a low level, according to a Wednesday statement following its fourth-quarter monetary policy committee meeting. The bank repeated a pledge to step up cross-cyclical policies, a phrase suggesting it aims to look beyond short-term volatility and avoid excessive stimulus that could create structural imbalances.
Category:
News and Media
Under the latest projections approved by the cabinet on Wednesday, the government expects Japan's economy to expand 1.1% in the current fiscal year, up from 0.7% growth estimated in August due to the smaller-than-expected hit from U.S. tariffs.
Category:
News and Media
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides. Areas scorched by January's wildfires were under evacuation warnings, and Los Angeles County officials said Tuesday they were going door to door to about 380 especially vulnerable homes to order residents to evacuate.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||