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Japan's seasonally adjusted retail sales rose 1.3% month-on-month in March, below the expected 0.6% and the previous reading of -2.00%.
2026-04-30
Japan's seasonally adjusted retail sales rose 1.3% month-on-month in March, below the expected 0.6% and the previous reading of -2.00%.
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2026-04-30
POWELL: MUCH CLOSER QUESTION THIS CYCLE ON CHANGING THE GUIDANCE, BUT WE DIDNT
POWELL: MUCH CLOSER QUESTION THIS CYCLE ON CHANGING THE GUIDANCE, BUT WE DIDNT
2026-04-30
Shenzhen Metro Group Co. reported a record net loss of 37.5 billion yuan ($5.5 billion) for last year, its largest since at least 2006, driven mainly by losses from its investment in China Vanke Co.. The metro operator, which holds about a 27% stake
Shenzhen Metro Group Co. reported a record net loss of 37.5 billion yuan ($5.5 billion) for last year, its largest since at least 2006, driven mainly by losses from its investment in China Vanke Co.. The metro operator, which holds about a 27% stake in Vanke, said the loss stemmed from equity investment losses and impairment charges. The deficit widened about 12% from a year earlier, underscoring the financial strain from Vanke’s prolonged liquidity crisis, as the developer continues to rely on bond extensions to avoid default. Shenzhen Metro also made a 0.1% impairment provision on over 30 billion yuan of loans extended to Vanke.
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