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Bank of Japan Committee member: It is crucial to evaluate the impact of the trade war in October's short-term survey.

28/08/2025

Zhtng Cijng APP learned that, Junko Nakagawa, a member of the Bank of Japan's Policy Board, said on Thursday that the ongoing uncertainty caused by the US tariff policy may dampen confidence among businesses and households, potentially dragging on the Japanese and global economy.

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Zhongze Feng (01282.HK) released its interim results, with a net loss attributable to shareholders of HK$47.714 million, a decrease of 40.18% year-on-year.

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In early trading on Thursday, Alibaba (BABA) fell 1.5% as it is reportedly negotiating for refinancing of its $6.5 billion loan due next year. The company has proposed to pay interest below the secured overnight funding rate by 80 basis points for a five-year revolving credit facility. The specific terms of the financing are still being negotiated.

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In Thursday morning trading, Alibaba's stock fell 1.5%. It is reported that the company is currently negotiating for refinancing of its $6.5 billion loan due next year. The company has proposed paying interest lower than the secured overnight funding rate by 80 basis points for a five-year revolving credit arrangement. The specific terms of the financing are still being negotiated.

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United Nations Secretary-General Guterres urged the Security Council to "take immediate action, authorize the establishment of an international force with predictable financial support, supported by the United Nations" to be sent to Haiti.

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China Life Insurance (01456.HK) released its interim results with a net profit attributable to shareholders of 1.127 billion yuan, an increase of 1185.19% year-on-year.

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