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Real-time News
March 31st - It has been reported that Colorful Guizhou Airlines has notified ticket agents that the domestic fuel surcharge is planned to increase from April 5th. The surcharge will be 60 yuan for routes of 800 kilometers or less, and 120 yuan for routes over 800 kilometers. Currently, the fuel surcharge is 10 yuan for routes of 800 kilometers or less and 20 yuan for routes over 800 kilometers. This means that the domestic fuel surcharge will increase by 50 yuan and 100 yuan respectively in April, a five-fold increase. Prior to this, the international fuel surcharge had already been significantly increased, with some routes doubling in price.March 31 - Shipping data shows that Indias diesel exports to Southeast Asia rose to their highest level in over seven years in March, as traders adjusted supplies to cover short positions and refiners increased shipments benefiting from increased profits in Asia driven by the US-Israel conflict with Iran. Data from analytics firm Kpler and three trade sources shows that approximately 1 million tonnes (7.45 million barrels) of diesel were transported on this route, with about half destined for Singapore. Data shows that about 90% of the shipments were shipped by Reliance Industries. Traders have turned to Indian diesel supplies to meet demand in Southeast Asia and Australia after supply disruptions caused by the Middle East conflict. An analyst at consultancy FGE NexantECA stated, "Asian buyers have had to look for alternative sources, and Reliance Industries in India is one of the leading candidates in the region." Traders said these shipments will help ease supply tightness heading into April. Some analysts expect this trend to continue in the short term, despite the Indian governments reinstatement of diesel export taxes.On March 31, the Monetary Policy Committee of the Peoples Bank of China held its first quarterly meeting (the 112th meeting overall) for 2026 on March 26. The meeting emphasized placing greater emphasis on strengthening the domestic economic cycle, coordinating the relationship between aggregate supply and demand, enhancing the forward-looking, targeted, and coordinated nature of macroeconomic policies, focusing on expanding domestic demand and optimizing supply, improving incremental growth and revitalizing existing assets, and continuously consolidating and expanding the positive momentum of steady economic growth.Thai finance officials: The oil fund will borrow 150 billion baht.On March 31, the Monetary Policy Committee of the Peoples Bank of China held its first quarterly meeting (the 112th overall) for 2026 on March 26. The meeting analyzed the domestic and international economic and financial situation, concluding that the impact of changes in the external environment is deepening, global economic momentum is weak, geopolitical and trade conflicts are frequent, the economic performance of major economies is diverging, and there is uncertainty regarding inflation trends and monetary policy adjustments. While my countrys economy is generally stable and progressing steadily, with new achievements in high-quality development, it still faces problems and challenges such as strong supply and weak demand, and external shocks. The meeting stressed the need to continue implementing a moderately loose monetary policy, increase counter-cyclical and cross-cyclical adjustments, better leverage the dual functions of monetary policy tools in terms of both quantity and structure, strengthen the coordination of monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.
