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The ministers present stated that the Japanese cabinet approved the plan to reduce the food consumption tax from 8% to 1%.

2026-08-05

The ministers present stated that the Japanese cabinet approved the plan to reduce the food consumption tax from 8% to 1%.

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2026-08-05

DownDetector shows user reports of issues at U.S. Netflix (NFLX.O).

DownDetector shows user reports of issues at U.S. Netflix (NFLX.O).
2026-08-05

On Aug. 4, the PBOC Guangdong branch held its H2 2026 work meeting and Guangdong foreign-exchange management meeting, directing continuation of a moderately loose monetary policy to help stabilize Guangdong growth and call for stronger support to pri

On Aug. 4, the PBOC Guangdong branch held its H2 2026 work meeting and Guangdong foreign-exchange management meeting, directing continuation of a moderately loose monetary policy to help stabilize Guangdong growth and call for stronger support to priority sectors and weak links to improve the quality and efficiency of financial services to the real economy. The meetings pushed continued FX-management reform to ease cross-border trade and investment financing, and stressed macroprudential and FX supervision to prevent systemic financial risk; specific directives included advancing institutional opening in the FX sector, optimizing FX services for the external-facing economy, and tightening oversight to bolster resilience to external shocks.
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