Japanese PM Takaichi says can secure enough source to fund food sales tax cut if it's limited for two years, Nikkei reports
Japanese PM Takaichi's statement about securing funding for a potential temporary food sales tax cut signals a proactive approach to support consumers amid economic pressures.
China's Commerce Minister will work to drive new growth points in service consumption
Newsquawk Daily European Opening News - 23rd January 2026
Japanese PM Takaichi says can secure enough source to fund food sales tax cut if it's limited for two years, Nikkei reports
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China is considering tighter rules for firms to list in Hong Kong amid deal quality concerns, Bloomberg reports
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This could alleviate inflationary pressures on staple goods, influencing market sentiment and potentially providing a boost to consumer-facing sectors. Watch for implications on commodity prices, particularly in food-related markets, as government support often shifts demand dynamics.
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