MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Tax Revenue Beats Estimates, Court Rejects Mapisa-Nqakula's Bid To Block Her Arrest

SOUTH AFRICA
  • The court rejected Speaker Nosiviwe Mapisa-Nqakula's bid to interdict her arrest and she can now be detained as part of an ongoing corruption and money-laundering probe, in which she faces charges amounting to ZAR4bn. The National Prosecuting Authority (NPA) said that "the wheels of justice will now be in motion."
  • Former President Jacob Zuma's MK Party argued that the Electoral Commission (IEC) "prejudged" its leader's case when it banned him from running in the upcoming elections and pledged to appeal the decision in court, with the verdict expected before the publication of final candidate lists on April 10.
  • The South African Revenue Service (SARS) reported better-than-expected tax collections for the fiscal year through March 31. The SARS collected ZAR1.741tn, which was about ZAR10bn more than projected in the February budget.
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