The yen “crashed”! How big is the impact?
If the Bank of Japan says “it doesn't matter,” the yen can no longer hold up.
Express News | The humanoid robot “Tiangong” was released to achieve stable running at a speed of 6 km per hour
Bureau of Statistics: Profits of industrial enterprises above the national scale increased by 4.3% from January to March 2024
According to data released by the National Bureau of Statistics, from January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year; of these, private enterprises achieved a total profit of 367.97 billion yuan, an increase of 5.8%.
The Bank of Japan was not afraid of the depreciation of the yen, and the yen fell below the 157 mark!
The US dollar broke through 157 intraday against the yen, reaching the 157.21 line, rising more than 1% in the day. This is the first time since May 10, 1990, and has accumulated an increase of more than 11% so far this year. The governor of the Bank of Japan said that the impact of foreign exchange on the Japanese economy includes positive factors, and the weak yen has a positive impact on demand.
LianLian Global Co-CEO Tim Shen Discusses Advancements in Cross-Border Trade at Money20/20
Shanxi Installation (02520.HK) elected Yan Lei as shareholder representative supervisor
Gelonghui, April 26, 丨 Shanxi Installation (02520.HK) announced that on April 23, 2024, the company's board of supervisors received the resignation of Mr. Cao Haiyang, the company's shareholder representative supervisor. Due to changes in work, Mr. Cao resigned as the company's shareholder representative supervisor. According to the company's “Articles of Association”, Mr. Cao's resignation took effect when the company's new shareholders' representative supervisor was elected by the company's shareholders' meeting. The company held a board of supervisors meeting on April 26, 2024. The meeting elected Mr. Yan Lei as the company's shareholder representative supervisor. The term of office will take effect on the date of approval by the company's shareholders' meeting.