MNI China Daily Summary: Thursday, April 18

MNI BRIEF: M2 Growth To Slow On Weak Demand - PBOC's Zou

MNI BRIEF: PBOC To Watch CNY Moves Closely - Vice Governor Zhu

MNI BRIEF: China Aims To Digitalise 70% Of Firms By 2025

MNI BRIEF: Q1 Cross Border Activity Up 117.8% - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

MNI: US APR PHILADELPHIA FED MFG INDEX 15.5

MNI: US JOBLESS CLAIMS +0K TO 212K IN APR 13 WK

MNI UK Inflation and Labour Market Insight: April 2024 Release

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Malaysia's Muhyiddin Expected To Tender Resignation

ASIA

Malaysian politics may draw attention again, with a number of local source reports noting that PM Muhyiddin is planning to tender his resignation today. Sources interviewed by the Straits Times said that ruling coalition leaders were holding meetings into Sunday night to pick a replacement before Muhyiddin's audience with the King.

  • The Star cited UMNO lawmaker Aziz as declaring his support for the current Deputy PM and UMNO Vice President Ismail Sabri Yaakob to replace Muhyiddin as the next Premier.
  • Pejuang Deputy President Marzuki Yahya said that Ismail Sabri has contacted Pejuang Chairman and ex-PM Mahathir to seek his endorsement.
  • Ismail Sabri seems to have the support of Bersatu Secretary General Zainudin, the current Minister of Home Affairs, who has been named as a candidate for Ismail Sabri's Deputy.
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