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The China Passenger Car Association (CPCA) will hold a “November 2025 Passenger Car Market Analysis Release Conference” at 16:00 on Monday, November 10, 2025. This conference will be held online.The onshore yuan closed at 7.1225 against the US dollar at 16:30 on November 7, down 6 points from the previous trading day.Japans Ministry of Economy, Trade and Industry: Overseas energy projects are valuable potential energy sources outside the Middle East.Japans Ministry of Economy, Trade and Industry: Overseas projects, including Russias Sakhalin-1 project, are crucial to energy security.On November 7th, Federal Reserve Chairman Williams stated on Friday that the Feds decision last week to halt tapering its bond holdings may soon necessitate expanding its balance sheet through bond purchases. Williams stated, "The next step in our balance sheet strategy will be to assess when reserve levels will move from the current slightly above adequate to adequate." He added that once this occurs, "a gradual asset purchase process should begin." Williams also stated, "Based on recent sustained pressures in the repo market and other indications that reserves are transitioning from adequate to slightly above adequate, I expect we will soon reach adequate reserve levels." Some analysts predict that the Fed may begin expanding its asset size through bond purchases in the first quarter of next year. Williams cautioned that the exact timing is difficult to predict. "I am closely monitoring various market indicators related to the federal funds market, the repo market, and payments to help assess the state of reserve demand." He also cautioned that maintaining appropriate liquidity through bond purchases is not a stimulus measure.

Microsoft Will Offer Call of Duty for Nintendo And Sony

Charlie Brooks

Dec 08, 2022 11:46

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Wednesday, Phil Spencer, CEO of Microsoft (NASDAQ:MSFT) Gaming, stated through Twitter that the business has committed to providing "Call of Duty" to Nintendo platforms for the next decade.


The popular first-person shooter franchise from Activision Blizzard (NASDAQ:ATVI) has been launched for several of Nintendo's previous platforms, but not for Switch, the Kyoto-based business stated.


The news comes after authorities voiced worry that Microsoft's proposed $69 billion acquisition of the "Call of Duty" creator may inhibit competition, with competitor Sony (NYSE:SONY) Group Corp condemning the agreement and urging regulators to block it.


Microsoft President Brad Smith tweeted: "Our purchase will make Call of Duty accessible to a record number of gamers and platforms... We'd be willing to negotiate a 10-year contract for PlayStation with @Sony whenever they're ready to sit down."


This year, Sony's games director Jim Ryan deemed insufficient Microsoft's promise to maintain the "Call of Duty" franchise on PlayStation for three years beyond the expiration of the present arrangement.


"I believe this is an effort by Microsoft to pressure Sony into signing a deal with Activision and to make it easier for Microsoft to complete and close the deal with Activision," said Serkan Toto, founder of the Kantan Games consulting firm.


It is essentially positive PR for Microsoft.


Sony executives were unavailable for comment immediately.


Microsoft competes with Sony and Nintendo in the worldwide video game business, which has experienced significant growth in recent years as a result of people spending more time at home due to the coronavirus outbreak.


Following the Microsoft announcement, Nintendo shares finished 0.3% higher, outperforming the Nikkei average fall of 0.7% and Sony's decline of 1.2%.

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