MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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

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

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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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Q4 Business Income +2.7%, Second Quarterly Increase

CANADA DATA
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  • Canada Q4 corporate income +2.7% to +CAD165B after +4.7% in Q3.
  • Financial sector +6.8%; securities and commodity exchanges and portfolio management contributed most to the sector gain.
  • Non-financial sector +1.2%, other wholesalers' recorded the largest gains. Motor vehicle manufacturing partially offset the increase as US strikes harmed production.
  • Report is another sign next Thursday's Q4 GDP report will show growth as BOC estimated output had stalled.
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  • Canada Q4 corporate income +2.7% to +CAD165B after +4.7% in Q3.
  • Financial sector +6.8%; securities and commodity exchanges and portfolio management contributed most to the sector gain.
  • Non-financial sector +1.2%, other wholesalers' recorded the largest gains. Motor vehicle manufacturing partially offset the increase as US strikes harmed production.
  • Report is another sign next Thursday's Q4 GDP report will show growth as BOC estimated output had stalled.