Wednesday , 17 December 2025

Recent Posts

Hong Kong fresh food supplies hit again

  Bloomberg Hong Kong’s supplies of vegetables and chilled poultry will be affected “to a certain extent” after some vehicle drivers tested positive for the coronavirus, prompting authorities to suspend a border transport interchange, the government said. The facility for goods vehicles was temporarily closed for disinfection and mainland drivers who stayed at the interchange venue on that day are …

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PBOC’s rate decision sparks debate with economy in crisis

  Bloomberg The People’s Bank of China (PBOC) is leaving economists divided over whether it needs to cut interest rates for a second month to boost a faltering economy. Sixteen of the 27 economists polled by Bloomberg forecast the central bank will keep the interest rate on its one-year policy loans unchanged on Tuesday, when it’s scheduled to conduct a …

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Axis Bank set to buy Citigroup’s $2.5b retail unit in India

  Bloomberg Axis Bank Ltd is nearing a deal to buy Citigroup Inc’s India retail banking business in a transaction that could be valued at about $2.5 billion, people familiar with the matter said. An agreement for the consumer unit may be announced as soon as the next few weeks and is contingent on approval from the Reserve Bank of …

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