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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
MNI BRIEF: PM Kishida's Approval Rating Hits New Low - Press
Support for Japan's Prime Minister Fumio Kishida has fallen further, a weekend poll by Nikkei and TV Tokyo finds, after the leader floated a tax cut to ease the pain of high prices, the Nikkei reported on Monday.
The approval rating for Kishida's cabinet dropped 9 percentage points from September to 33%, the poll found, the lowest since he took office in October 2021. His cabinet's disapproval rating rose 8 points to 59%. The top reason for not supporting the cabinet was "poor policies" at 52%, followed by "poor leadership" at 34%.
A 33% approval rating is also the lowest for any Liberal Democratic Party government since the LDP returned to power in 2012.
The new poll, conducted from Friday to Sunday, follows Kishida's proposal for a one-time income tax reduction as part of an economic stimulus package.
Nearly two-thirds of respondents said the tax cut was not appropriate as a response to high inflation, compared with 24% who approved of the measure.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.