The People's Bank of China, the central bank, pledged to maintain a prudent monetary policy that is neither too loose nor tight and to stick with market-oriented reforms to considerably reduce real interest rates, said a statement released on the PBOC's website on Sept 27, after a quarterly meeting of its Monetary Policy Committee.
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The RFE is a notice that the USICS sends to H-1B winners requesting more information to justify why they deserve the visa. However, during the time it can take to process that requested information — from 10 to 13 months — a worker can't work. Some of those asked for more information could lose their jobs during the waiting process even though their H-1B visas were approved.
The SOA will continue to monitor the situation and provide updates.
The ROK offered to the DPRK establishing a joint liaison office of the two Koreas at the DPRK's border town of Kaesong as the first project to implement the Panmunjom Declaration, which Moon and Kim signed during their first summit on April 27.
The People's Bank of China conducted 100 billion yuan (.9 billion) of seven-day reverse repos, 30 billion yuan of 28-day reverse repos and 20 billion yuan of 63-day reverse repos, pumping a total of 150 billion yuan into the market.
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The ROK Foreign Minister Kang Kyung-wha and her Japanese counterpart, Taro Kono, stressed in a Wednesday telephone call the need to keep cooperating "for the future oriented development of the relationship", her ministry said.
The S&P 500 posted 29 new 52-week highs and no new lows; the Nasdaq Composite recorded 112 new highs and 16 new lows.
The Panmunjom Declaration is composed of three main themes: the establishment of a peace regime, efforts to ease military tensions, and co-prosperity and unification of the two Koreas.
The People's Bank of China injected 200 billion yuan (about .66 billion) into the market via the MLF, with no MLF maturing Monday, according to the bank.