China's Finance Ministry conducts issuance of CNY 45.8bln to support the development of pre-school education, CCTV reports
The issuance of CNY 45.8 billion by China's Finance Ministry to support pre-school education indicates a targeted fiscal initiative aimed at improving educational infrastructure.
[CALENDAR ADDITION] US Secretary of State Rubio is to meet Italian PM Meloni in Rome at 11:30EDT/16:30BST
[UK Local Election Seat Update] Reform 35, Lib Dem 7, Labour 5, Green 2, Conservative 2, Other 2; 4 out of 5 councils declared remain held by Labour
China's Finance Ministry conducts issuance of CNY 45.8bln to support the development of pre-school education, CCTV reports
PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: MediaTek launches new AI data centre, OCBC beats top-line estimates
Japanese S&P Global Composite PMI Final (Apr) 52.20 (Prev. 53.0)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could be seen as part of broader government efforts to bolster economic stability and long-term growth, and may impact sentiment towards the CNY as it suggests commitment to social development. Traders should watch for potential shifts in currency flows and broader economic implications stemming from such government spending.
Related headlines
- Beijing, China is to further relax homebuying restrictions, CCTV reportsAug 07
- China passenger car sales fell 23.7% YoY to 1.55 mln units in August, according to the China Passenger Car Association1 day ago
- Japan reportedly sees a US President Trump and PM Takaichi talk in late September, Kyodo reports 2 days ago
- South Korea says it will work to manage the bond market in a stable manner and it will closely monitor local bond market movements5 days ago
- Japan's Top Currency Diplomat Mimura says they continue to stand ready on FX; declines to comment on if rate checks were conducted6 days ago
- Japanese Finance Minister Katayama says no direct requests to do anything has been given from US Treasury Secretary Bessent6 days ago
- South Korean Finance Minister is to reportedly hold a market review meeting on Friday, reports suggest6 days ago
- Japan's government is reportedly looking to convene an extraordinary Diet session in early October, Asahi reports; expected to focus on consumption tax cuts and a reduction in the number of seats6 days ago
- Japan Chief Secretary Kihara says there has been no change to PM Takaichi government policies about attaining a strong economy and fiscal sustainability6 days ago
- Japan's GPIF’s unusual August management committee meeting has fuelled speculation it may raise its 25% domestic bond allocation target, Bloomberg reports6 days ago
- Taiwan cabinet approved a TWD 607.6bln supplementary budget6 days ago
- US Treasury Secretary Bessent says "I know what the Japanese are planning on doing".7 days ago
- China proposed consolidating three local levies into a single “local surtax” with an 11-13% rate set by provincial governments, CCTV reports7 days ago
- US Treasury Secretary Bessent says Abenomics was reflationary and that Japan can sit back and enjoySep 01
- Chinese Finance Ministry is to set a 20% tax level on foreign individuals' dividend incomeSep 01
- Japanese Chief Cabinet Secretary Kihara says he is closely watching market movesSep 01
- South Korea's budget minister notes South Korea plans a 2027 budget of KRW 821tlnSep 01
- China’s MOFCOM targets around CNY 60tln in total retail sales of consumer goods by 2030Aug 31
- Japanese government to request JPY 143tln for the budget (general account) in FY27, Nikkei reports citing sourcesAug 31
- China to seek public opinion on draft local surtax law, Xinhua reports Aug 28
The whole workspace, free to try.
Try it free