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On April 3, the Department of Foreign Investment Administration of the Ministry of Commerce issued a statement regarding a recent complaint on the Ministrys website alleging that an app called "Invest in China" was falsely claiming to be "sponsored by the Ministry of Commerce" and was enticing users to subscribe to funds on related platforms, posing a significant risk. The Ministry of Commerce hereby responds as follows: Upon verification, the Ministry of Commerce and its subordinate agencies have never organized, participated in, or operated any app application bearing the name "Invest in China," nor have they organized any subscription activities under the name "Invest in China." The public is urged to be vigilant and avoid being deceived and suffering financial losses. The Ministry of Commerce has also notified relevant departments to handle the matter.April 3rd - It was learned today that the State Administration for Market Regulation recently conducted random inspections of 2,235 batches of food safety samples, finding 44 batches to be substandard. Relevant provincial market supervision departments have organized investigations and taken appropriate action regarding the substandard food products discovered during the inspections.Iranian Foreign Ministry Spokesperson: However, Iran is stronger, prouder, and greater than ever before.Ukrainian President Volodymyr Zelensky: I spoke with Pope Leo XIV. I discussed the negotiation process and cooperation with the US team, and we also discussed the situation in the Middle East and the Gulf region.On April 3, *ST Guandian announced that it received a "Notice of Case Filing" from the China Securities Regulatory Commission (CSRC) on April 3, 2026. The CSRC has decided to file a case against the company for suspected violations of information disclosure regulations. During the investigation, the company will actively cooperate with the relevant investigation and strictly fulfill its information disclosure obligations in a timely manner in accordance with regulatory requirements.

The AUD/JPY exchange rate fluctuates below 90.00 as investors await BoJ action

Alina Haynes

Jan 18, 2023 15:03

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In the early Asian session, the AUD/JPY currency pair is bouncing violently in a narrow range below the resistance level of 90.00. Before the Bank of Japan introduces its first monetary policy of CY2023, the risk barometer indicates a sideways auction (BoJ). The AUD/JPY exchange rate reflects the consolidation of the AUD/USD, indicating an uncertain risk profile.

 

Investors anticipate that the Bank of Japan (BoJ) will not alter its policy stance on Friday, as doing so would increase financial market risk and hinder efforts to boost inflation. Previously, the Bank of Japan (BoJ) announced that the central bank will review the negative side effects of the decade-long ultra-loose monetary policy, generating the impression that the central bank is eager to abandon the easy policy.

 

The experts at Standard Charted expect the Bank of Japan to hold both the policy balance rate and the 10-year yield goal at their present levels of -0.1% and 0%, respectively. The recent decision to expand the 10-year JGB band to +/-50 bps (from +/-25 bps) will be evaluated by policymakers at the December meeting.

 

The replacement of current Governor of the Bank of Japan Haruhiko Kuroda will be widely followed. The next BoJ governor nominee is anticipated to be presented to the Japanese parliament on February 10, Reuters reported on Tuesday. Amamiya, Nakaso, and Yamaguchi are regarded as leading C.banking candidates.

 

Thursday is the expected publication date for Australian employment statistics, which investors are monitoring. The Unemployment Rate is expected to remain constant at 3.4%, according to the majority of economists. Aside from this, the Australian economy must have added 22,500 new jobs to the labor market in December, a down from the prior rises of 64K.