HALISTER: China April Retail Auto Sales Fall 1.7% on Year: PCA

China April Retail Auto Sales Fall 1.7% on Year: PCA

(Bloomberg) -- April retail auto sales fell to 1.69m units, Passenger Car Association says on website.
  • Jan.-April retail auto sales fell 1.4% y/y to 7.27m units
  • April SUV sales rose 15.1% y/y to 689,387 units

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
F US (Ford Motor Co)
600006 CH (DongFeng Automobile Co Ltd)
489 HK (Dongfeng Motor Group Co Ltd)
GM US (General Motors Co)
UG FP (Peugeot SA)

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UUID: 7947283

HALISTER1: Incoming Philippine BSP Chief Pushing for Relaxing Bank Secrecy

Incoming Philippine BSP Chief Pushing for Relaxing Bank Secrecy

(Bloomberg) -- Incoming Bangko Sentral ng Pilipinas Governor Nestor Espenilla says central bank’s major advocacy is to get monetary authority’s charter amended and relax rules on bank secrecy.
  • Secrecy of bank deposits “really creating real challenges in the way we manage our financial systemn and depriving us of opportunities to further expand it,” he says in interview with ABS-CBN News Channel in Manila
  • He pledged to pursue “continuity plus-plus” in reforms; plus element seeks to find innovative way to make financial system even more responsive to broader financial community
  • “My term would really be defined by our strong commitment to make our financial system truly more inclusive,” he says, adds looking at “ambitious digital financial solutions”
  • To transform financial system toward digital space, find ways to reach out to the country’s far regions
  • A renewed look at our anti-money laundering rules to make know-your-customer or KYC issue more flexible mechanism, continuing commitment to promote competition both from new players
  • To regroup BSP people so can plan transition period

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
BSNZ PM (Bangko Sentral ng Pilipinas)

People
Nestor Espenilla (Bangko Sentral ng Pilipinas)

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UUID: 7947283

HALISTER1: Australia March Retail Sales Due in 5 Mins; Est. 0.3% M/m

Australia March Retail Sales Due in 5 Mins; Est. 0.3% M/m

(Bloomberg) -- Australia is scheduled to release March and 1Q retail sales at 11:30am local time.
  • March retail sales m/m est. 0.3% vs. prev. -0.1%
  • 1Q retail sales ex-inflation q/q est. 0.5% vs. prev. 0.9%

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283