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

MNI: PBOC Sets Yuan Parity Lower At 7.1025 Weds; -5.39% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1025 WEDS VS 7.1028

MNI INTERVIEW: IMF's Adrian Warns Of Inflation Risk To Markets

MNI EM China Daily Summary: Tuesday, April 16

MNI BRIEF: Japan March Exports Hit 4th Straight Rise

Japan Mar Exports +7.3% Y/Y; Imports -4.9% Y/Y

MNI: JAPAN MARCH EXPORTS +7.3% Y/Y; FEB +7.8%

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

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

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Parliament Rejects Proposed Ad Hoc Committee To Probe Eskom Allegations

SOUTH AFRICA
  • Parliament rejected the opposition's proposal to establish an ad hoc committee to investigate the corruption allegations made by former Eskom CEO Andre de Ruyter last month. In the course of the debate, the main opposition Democratic Alliance party's leader John Steenhuisen revealed that it was former Deputy President David Mabuza who was the person referred to by de Ruyter as a Cabinet member allegedly involved in graft. Mabuza recently stepped down as Deputy President and member of the National Assembly after failing to secure re-election as the ANC's deputy leader.
  • The government offered public servants a 7% wage hike in the next financial year, more than anticipated in the spending plan. Labour unions will file a formal response today, but have already demanded an 8% increase in wages. South Africa's wage bill amounts to a third of state expenditures.
  • Looking ahead, South Africa will observe a public holiday next Tuesday, with many workers set to take Monday off. The government pledged to make sure that there are no disruptions during the long weekend from the EFF party's "national shutdown," with security forces put on standby.
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