China plans a CNY 200bln capital injection into its biggest insurers, Bloomberg reports
China's planned investment of CNY 200 billion into its major insurers signals a strategic move to stabilize its financial sector amidst ongoing economic challenges.
China has reportedly given conditional approval to DeepSeek for NVIDIA's (NVDA) H200 chip
China smartphone shipments (Y/Y): Dec -29.4%, FY25 -3.3%, via CAICT
China plans a CNY 200bln capital injection into its biggest insurers, Bloomberg reports
French GDP Growth Rate QoQ Prel (Q4) Q/Q 0.2% vs. Exp. 0.2% (Prev. 0.5%)
French Household Consumption MoM (Dec) M/M -0.6% vs. Exp. -0.4% (Prev. -0.3%)
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This initiative could enhance liquidity and investor confidence, potentially leading to a weaker CNY and impacting global forex markets, especially against currencies like the USD and EUR.
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