Yen Depreciates: Bank of Japan Slowly Normalizing Financial Policies – Latest Updates

Yen Depreciates: Bank of Japan Slowly Normalizing Financial Policies – Latest Updates

The yen is depreciating as the market recognizes that the Bank of Japan, which lifted negative interest rates on March 28, will move forward with financial normalization “slowly.” Photographed on the 18th in front of the Bank of Japan head office in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – The yen is depreciating as the … Read more

Reserve Bank of Australia (RBA) maintains hawkish bias, Australian dollar valuation updates

Reserve Bank of Australia (RBA) maintains hawkish bias, Australian dollar valuation updates

[Tokyo, 8th]- At its board meeting on the 6th of this week, the Reserve Bank of Australia (RBA) announced that it would leave policy unchanged, but maintained its tightening bias. The Australian dollar is expected to recover against the US dollar in the medium to short term, and in the meantime, it is likely to … Read more

China’s tourism business during May Day holiday rebounds to pre-COVID levels: Government data

China’s tourism industry has seen a remarkable rebound during the May Day holiday, reaching pre-COVID levels with a 70.8% rise in domestic trips from the previous year, according to official government data reported by Reuters. This year’s figures, from the first travel season without restrictions since the pandemic, are being used as a gauge of … Read more

Oil prices drop 5% on concerns over economy and potential debt default

Oil prices experienced their biggest one-day percentage decline since early January, with Brent futures and West Texas Intermediate crude falling around 5% to a five-week low. The fall was fueled by increased concerns about the economy as US politicians discuss ways to avoid a debt default and investors prepare for more rate hikes this week. … Read more

“Indonesia’s Food Regulator Declares Indomie Noodle Product Safe for Consumption Despite Recalls in Malaysia and Taiwan”

Indonesia’s food regulator has confirmed the safety of a popular product from one of the world’s biggest instant noodle brands, despite its recall in Malaysia and Taiwan’s capital. The recalled product, “special chicken” flavour Indomie, is a popular Indonesian instant noodle variety produced by Indofood CBP. The Taipei city health department found traces of ethylene … Read more

A new report from UNICEF warns that people’s confidence in routine childhood vaccines has declined globally during the COVID-19 pandemic. In 52 out of 55 surveyed countries, public perception of vaccines for children declined between 2019 and 2021. Vaccine hesitancy poses a threat to children’s health as the next wave of deaths could be from preventable diseases like measles and diphtheria. Around 67 million children missed out on potentially lifesaving vaccines during the pandemic, but catching up efforts have stalled despite increasing outbreaks.

The COVID-19 pandemic has caused widespread disruptions to our daily lives, and it seems that even the most well-established medical practices are not immune to its effects. According to the United Nations Children’s Fund (UNICEF), the pandemic has sparked a growing distrust in childhood vaccines, which has the potential to have devastating consequences for public … Read more

Merck in Late-Stage Talks to Acquire Prometheus Biosciences Inc for Immune Disease Treatments

Merck & Co. is in the final stages of negotiations to acquire Prometheus Biosciences, Inc., a bioscience company that focuses on innovative therapies for immune and inflammatory disorders. According to sources familiar with the matter, the deal is expected to be completed soon, marking another major pharmaceutical acquisition in the biotech industry. This move is … Read more