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Demonstrations against EGAT buying energy from the Luang Prabang Dam
Concerned about the upcoming signing of a Power Purchase Agreement (PPA) between the Electricity Generating Authority of Thailand (EGAT) and a group of private dam builders for the purchase of electricity from the Luang Prabang dam in the Lao PDR, a network of civil society organisations from eig...
BOJ REFRAINS FROM BUYING ETFs IN MAY FOR THE 1ST TIME
Highlights –
- BOJ refrains from buying ETFs in May for the 1st time.
- BOJ removed a $55 billion annual target for purchases to make ETF buying more flexible in March.
- The BOJ's total assets quadrupled to over 700 trillion yen over t...
JAPAN’S FORMER JUSTICE MINISTER KATSUYUKI KAWAI PLEADS GUILTY; RESIGNS
Highlights –
- Japan’s former Justice Minister Katsuyuki Kawai pleads guilty; resigns.
- Kawai is accused of violating the election law by handing out cash to politicians and supporters.
- On March 3 he was earlier released on 50 mill...
BOJ TO ASSESS ITS ULTRALOOSE MONETARY POLICY FRAMEWORK
Highlights –
- BOJ to assess its ultraloose monetary policy framework.
- The BOJ plans on studying the side effects of its monetary policy in March.
- The central bank has maintained short-term interest rates at minus 0.1 percent.
JAPANESE LAWMAKER ANRI KAWAI GRANTED BAIL BY TOKYO DISTRICT COURT
Highlights –
- Japanese lawmaker Anri Kawai granted bail by Tokyo District Court.
- The lawmaker was indicted on a charge of vote-buying during an election last year.
- Kawai was arrested in June with her husband Katsuyuki.
- Both ...
BANK OF ENGLAND ANNOUNCES BOND-BUYING PROGRAMME
Highlights –
- To fight COVID-19 pandemic crisis, BoE has announced a bond-buying programme.
- BoE plans to buy at least $125 billion bonds.
- BoE is also trying to steer inflation back to its 2% target.
- BoE hopes to keep th...
BANK OF ENGLAND ANNOUNCES BOND-BUYING PROGRAMME
Highlights –
- To fight COVID-19 pandemic crisis, BoE has announced a bond-buying programme.
- BoE plans to buy at least $125 billion bonds.
- BoE is also trying to steer inflation back to its 2% target.
- BoE hopes to keep th...
EUROPEAN STOCK MARKET REMAINED STEADY ON TUESDAY
Highlights –
- U.S Federal Reserve will start corporate bond-buying to control economic damage.
- The European stock index remains steady on Tuesday due to the same.
- The Federal Reserve will purchase bonds through SMCCF.
- Euro S...
EUROPEAN CENTRAL BANK WILL CONTINUE TO AID COVID-19 AFFECTED AREAS
Highlights –
- COVID-19 leading to a recession-like situation in many countries in Europe.
- ECB has promised to help out coronavirus-stricken nations under its belt.
- The ECB will start buying corporate bonds.
- ECB may raise its...
New Analysis shows the magical influence of Raw material in the Chemical Industry
There are many products such as detergents, perfumes, soaps, which are bought and used by customers directly but then there are such products that are used as raw material for making other products. In Europe, for example, around 2/3rd of the chemicals produced are used as raw material for manufa...