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Mexican Peso at 2024 Peak Is 'Major' Business Headwind, CCE Says
The Mexican peso, currently near its strongest level in over two years, poses a "major challenge" for companies in the country, according to the head of a leading business group (CCE).
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Lu Lei, Deputy Governor of the People's Bank of China: China has no need or intention to gain trade competitive advantage through currency devaluation.
Lu Lei, Deputy Governor of the People's Bank of China (PBOC), stated at a press conference held by the State Council Information Office on September 10 that the "15th Five-Year Plan for Building a Fin
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Philip Morris Raises Full-Year FX Impact Outlook by $0.24, Maintains Low-Double-Digit EPS Growth Target Driven by IQOS and ZYN
Philip Morris International (PMI) has revised its full-year guidance to reflect a favorable foreign-exchange impact of about $0.24 per share, citing current spot rates. The company also expects a favo
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Yen Rally Exceeds Japanese Firms' Forecasts, Eroding Buffers and Raising Earnings Risks; Investors May Shift to Domestic Demand Stocks
A surge in the yen has surpassed the exchange rate forecasts used by listed Japanese companies for their earnings projections, which may prompt investors to shift focus to domestic demand-reliant stoc
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Bank of Japan (BOJ) Bank of Japan Governor Kazuo Ueda: We will accelerate the pace of interest rate hikes as circumstances warrant; exchange rates are having a greater impact on inflation than in the past
Bank of Japan (BOJ) At a press conference following the July 31 monetary policy meeting, Bank of Japan Governor Kazuo Ueda stated that if financial conditions become excessively loose, the central ban
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Bank of Japan (BOJ) Interest rates were kept unchanged at 1%; one committee member voted against the decision, advocating for a rate hike, and expressed concern about exchange rates and risks in the Middle East.
Bank of Japan (BOJ) On Friday, the central bank announced it would keep the benchmark interest rate unchanged at 1%, in line with market expectations. However, Board Member Takada cast a dissenting vo
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Mexican Peso at 2024 Peak Is 'Major' Business Headwind, CCE Says
The Mexican peso, currently near its strongest level in over two years, poses a "major challenge" for companies in the country, according to the head of a leading business group (CCE).
-
Lu Lei, Deputy Governor of the People's Bank of China: China has no need or intention to gain trade competitive advantage through currency devaluation.
Lu Lei, Deputy Governor of the People's Bank of China (PBOC), stated at a press conference held by the State Council Information Office on September 10 that the "15th Five-Year Plan for Building a Fin
-
Philip Morris Raises Full-Year FX Impact Outlook by $0.24, Maintains Low-Double-Digit EPS Growth Target Driven by IQOS and ZYN
Philip Morris International (PMI) has revised its full-year guidance to reflect a favorable foreign-exchange impact of about $0.24 per share, citing current spot rates. The company also expects a favo
-
Yen Rally Exceeds Japanese Firms' Forecasts, Eroding Buffers and Raising Earnings Risks; Investors May Shift to Domestic Demand Stocks
A surge in the yen has surpassed the exchange rate forecasts used by listed Japanese companies for their earnings projections, which may prompt investors to shift focus to domestic demand-reliant stoc
-
Bank of Japan (BOJ) Bank of Japan Governor Kazuo Ueda: We will accelerate the pace of interest rate hikes as circumstances warrant; exchange rates are having a greater impact on inflation than in the past
Bank of Japan (BOJ) At a press conference following the July 31 monetary policy meeting, Bank of Japan Governor Kazuo Ueda stated that if financial conditions become excessively loose, the central ban
-
Bank of Japan (BOJ) Interest rates were kept unchanged at 1%; one committee member voted against the decision, advocating for a rate hike, and expressed concern about exchange rates and risks in the Middle East.
Bank of Japan (BOJ) On Friday, the central bank announced it would keep the benchmark interest rate unchanged at 1%, in line with market expectations. However, Board Member Takada cast a dissenting vo
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