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12/08/2025
Far East Development Limited has suspended trading in Hong Kong.
Latest
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Zhejiang Electricity Spot Market officially begins operation.
1 m ago
In July, Zhejiang's Consumer Price Index (CPI) decreased by 0.1% compared to the same month last year, and the Producer Price Index (PPI) decreased by 2.7% year-on-year.
2 m ago
Reserve Bank of Australia: The current estimated trend GDP growth is around 2.0%, down from 2.25%. The rate cut is due to inflation continuing to fall towards the midpoint of the 2%-3% range, and a slight easing in labor market conditions.
5 m ago
The Reserve Bank of Australia cut interest rates for the third time this year, stating that future decisions will depend on economic data. The Reserve Bank of Australia lowered the policy rate to 3.6% on Tuesday, the lowest level since April 2023, in line with market expectations. The RBA has now cut rates by a total of 75 basis points in this round of easing. With the labor market still tight and weak productivity growth, attention is turning to potential future rate cuts. The RBA Monetary Policy Committee stated in its policy announcement, "As core inflation continues to fall towards the mid-point of the 2%-3% target range and the job market cools slightly as expected, the committee believes that further easing of monetary policy is appropriate." Following the RBA's decision, the Australian dollar fell to 0.6505 against the US dollar, and the yield on Australia's three-year government bonds, sensitive to policy changes, fell to 3.41%.
5 m ago
The Reserve Bank of Australia has cut interest rates for the third time this year, bringing them to the lowest level since April 2023.
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