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Real-time News
Cathay Pacific (00293.HK): We will continue to review the resumption time of cargo flights to Dubai and Riyadh.On September 4th, Wang Wenjun, Deputy Director of the National Healthcare Security Administration, introduced at a press conference held by the State Council Information Office on the theme of "Starting the 15th Five-Year Plan" that in the first seven months of this year, the maternity insurance fund expenditure reached 78.42 billion yuan, benefiting 25.56 million people, including 60.78 billion yuan in maternity allowance expenditure, which was fully realized through direct payment to individuals. During the 15th Five-Year Plan period, efforts will be made to promote the simultaneous participation of flexible employment personnel, migrant workers, and new employment forms in maternity insurance while participating in employee medical insurance, reasonably improve the level of prenatal examination protection, promote the basic realization of "no out-of-pocket expenses" for inpatient delivery within the policy scope, and further expand the scope of direct settlement of maternity medical expenses in different regions.On September 4th, Reserve Bank of New Zealand (RBNZ) Assistant Governor Silk stated that the RBNZ is more likely to wait until December to raise interest rates again. The RBNZ raised the official cash rate for the second consecutive meeting this week, with Governor Brehman indicating that further rate hikes may be needed, but policymakers want time to assess the impact of the rate increases so far. The statement signaled that investors have lowered their expectations for a rate hike at the next meeting in October, while heavily betting on a December hike. "We have made it very clear that, based on the economic outlook, we do believe that further rate hikes may be necessary in the future," Silk said in an interview on Friday. "Whether it will be in October or December is still uncertain, but based on the current interest rate path, the latter is more likely." Investors share this view. Swap data shows that the market currently expects only a 31% probability of a 25 basis point rate hike to 3% in October, and a 100% probability of a 3% rate hike in December. Silk reiterated that the RBNZ does not have a predetermined rate hike path.Cathay Pacific (00293.HK): Will cancel passenger flights between Dubai and Riyadh until November 30.September 4th – This morning, the State Council Information Office held a press conference on the theme of "Starting the 15th Five-Year Plan," introducing the relevant situation regarding promoting high-quality development of medical insurance and better serving Chinas modernization. During the 15th Five-Year Plan period, the medical insurance sector will continue to strengthen the foundation of universal medical insurance, continuously optimize the structure of universal participation, and expand the participation of key groups such as flexible employment personnel, migrant workers, and those in new employment forms in employee medical insurance. It will continue to improve the level of maternity medical security, enabling direct settlement of maternity medical expenses for insured individuals and direct payment of maternity allowances to individuals. A comprehensive long-term care insurance system will be established, long-term care insurance service policies will be improved, and the capacity and level of long-term care services will be enhanced.
