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Philippine central bank says it is not targeting a specific exchange-rate level and will only intervene in the foreign-exchange market to maintain orderly conditions.

2026-06-01

Philippine central bank says it is not targeting a specific exchange-rate level and will only intervene in the foreign-exchange market to maintain orderly conditions.

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2026-06-01

Shanghai municipal government issued a Service Industry "15th Five-Year" plan prioritizing transport and shipping hub upgrades and policy support for shipping services. Key measures: complete Shanghai East Station and develop "aviation+" multimodal l

Shanghai municipal government issued a Service Industry "15th Five-Year" plan prioritizing transport and shipping hub upgrades and policy support for shipping services. Key measures: complete Shanghai East Station and develop "aviation+" multimodal links; enhance Pudong and Hongqiao business-route networks; expand international container and air-freight platforms and smart-waterway infrastructure; accelerate shipping digitalisation and logistics-chain applications. The plan seeks to bolster Shanghai's shipping-insurance operations centre, support shipping finance leasing, develop foreign-related maritime temporary arbitration and a specialized maritime appraisal center, and attract international and national shipping organizations. It also fast-tracks a green-shipping transition by building international green-fuel bunkering and trading centres, advancing ship energy-efficiency services and green shipping R&D, participating in China’s international sustainable-fuel certification framework, and co-developing green shipping corridors with foreign ports.
2026-06-01

A-share military electronics sector saw a short-term surge, with Torch Electronics hitting the daily limit, and Hongyuan Electronics, Zhenhua Technology, Hongda Electronics, Hongming Electronics, and Chengdu Electronics Optoelectronics following suit

A-share military electronics sector saw a short-term surge, with Torch Electronics hitting the daily limit, and Hongyuan Electronics, Zhenhua Technology, Hongda Electronics, Hongming Electronics, and Chengdu Electronics Optoelectronics following suit.
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