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06/05/2025
Eurozone's final services PMI in April was 50.1, higher than the expected 49.7 and the previous value of 49.7. Eurozone's final composite PMI in April was 50.4, higher than the expected 50.1 and the previous value of 50.1.
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1 m ago
In April, Mexico's domestic car sales reached 108,298 units.
1 m ago
The Bank of China held a symposium on facilitating cross-border trade in Nanjing, Jiangsu province, and released the "Bank of China Financial Support for Cross-Border Trade Facilitation Comprehensive Service Plan". The plan focuses on three core needs of enterprises: fund security, asset preservation, and stable improvement of operational capabilities, to help enterprises strengthen their basic business foundation; it focuses on five distinctive scenarios including export-to-domestic sales, new offshore trade, expansion in emerging markets, optimization of global supply chains, and capital market services, to support enterprises in actively transforming their business operations; it focuses on three key customer groups including multinational businesses, small and medium-sized foreign trade enterprises, cross-border e-commerce and overseas warehouses, to provide customized and differentiated services to effectively help enterprises overcome difficulties. During the event, representatives from various enterprises shared their views on the challenges and opportunities in the current situation, and highly praised the Bank of China for its long-term global, comprehensive, and professional support.
1 m ago
The Bank of China releases a comprehensive service plan for facilitating cross-border trade.
1 m ago
The London Clearing House (LCH) will begin accepting Chinese government bonds denominated in euros and dollars as eligible non-cash collateral starting from the 6th of June. On the same day, HSBC Hong Kong successfully completed transactions for its Hong Kong clients - Bank of Communication (Hong Kong) Limited, Bank of Communication Limited Hong Kong Branch, and its own banking operations, as members of the London Clearing House.
1 m ago
London Clearing House now accepts offshore Chinese government bonds as eligible non-cash collateral starting today.
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