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19/09/2025
Bank of Japan Governor Kuroda Haruhiko: From now on, the cost of tariffs in the United States may be shifted onto consumers.
Latest
2 m ago
The Sumitomo Mitsui Financial Group will increase its stake in Jefferies.
2 m ago
The two companies stated in a declaration that Japan's second-largest bank, Sumitomo Mitsui, will increase its stake in the American investment bank Jefferies from the current 15% to about 20%, but its voting rights will remain below 5%. Sumitomo Mitsui plans to pay 135 billion yen (9.12 billion US dollars) to increase its shares. Sumitomo Mitsui will provide Jefferies with a new credit line of approximately $2.5 billion for cooperation in the areas of structured financing in Europe and the United States. The two companies also agreed to establish a joint venture in Japan to conduct stock research, sales and trading, and stock capital market business.
3 m ago
State Administration of Foreign Exchange: In August, banks settled 1.5103 trillion yuan in foreign exchange and sold 1.4058 trillion yuan in foreign exchange.
3 m ago
State Administration of Foreign Exchange: Currently, China's foreign exchange market is active, and the supply and demand of foreign exchange are basically balanced.
3 m ago
On September 18, the chairman of Aluminum Corporation of China, Duan Xiangdong, met with Josh George, the global market president of metals, iron ore, and coal at Glencore Group, at the group's headquarters. The two sides had in-depth discussions and exchanges on the prospects of cooperation in the fields of metals, iron ore, and coking coal, as well as the impact of domestic and international macroeconomic situations on the development of their respective businesses.
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