Japan: PM’s Didapproval Rate At Record Low

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🇯🇵 🇯🇵 The disapproval rate of Japanese Prime Minister Fumio Kishida hit a record in a poll, as voters showed dissatisfaction with what many see as shortcomings in clearing up political scandals months ahead of a party leadership election
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Ringgit Nears Record Low

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🇲🇾 🇲🇾 MALAYSIAN RINGGIT FALLS TO RM4.7935
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HSBC Exits Russia

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🇷🇺 🇷🇺 Russian President Vladimir Putin allowed Expobank to buy HSBC Holdings Plc’s local unit, letting Europe’s biggest lender exit the country following the invasion of Ukraine
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Goldman Is Bearish On Biden

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🇺🇸 🇺🇸 Just as Americans are getting ready to cast ballots in November, President Joe Biden’s economy will be right around the dividing line that typically separates winning reelection campaigns from losing ones, according to Goldman Sachs
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China: It’s Do Or Die Time

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🇨🇳 🇨🇳 China’s securities regulator said it will take heed of all suggestions, even criticism, from market participants and address their concerns promptly, a rare gesture that underlines its resolve to shore up the nation’s $8.6 trillion stock market
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Nikkei Is Primed For All-Time High

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🇯🇵 🇯🇵 Japanese companies have logged record quarterly profits in the three months that ended in December, underpinning the Nikkei 225’s advance to near a historic peak
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Bayer Slashes Dividend By 95%

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🇩🇪 🇩🇪 Bayer AG plans to slash its dividend by 95% in an effort to dig itself out of a hole created by the acquisition of Monsanto Co. that saddled the German company with massive debt and waves of litigation
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Investors Turm Wary Of Crowded India Trade

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🇮🇳 🇮🇳 Citigroup Inc. and Societe Generale SA have downgraded India, while foreigners have sold a net $3.8 billion of local shares so far this year, the highest in emerging Asia outside of China. Multi-asset investors are favoring rupee bonds over the South Asian nation’s equities, and some say the money flows out of China may be slowing as the country steps up its market rescue efforts
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Singaporeans Say Budget Measures Not Enough

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🇸🇬 🇸🇬 Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey. Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral
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