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UK's newly appointed defense secretary says the defense investment plan is still being finalised.

2026-06-12

UK's newly appointed defense secretary says the defense investment plan is still being finalised.

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2026-06-12

Guangzhou released its Commerce Development 15th Five-Year Plan (public consultation draft), targeting annual transaction volume in specialized markets to exceed 2 trillion yuan by 2030 to consolidate its role as a core platform of an international t

Guangzhou released its Commerce Development 15th Five-Year Plan (public consultation draft), targeting annual transaction volume in specialized markets to exceed 2 trillion yuan by 2030 to consolidate its role as a core platform of an international trade center. The draft aims to establish 30 public-service platforms for specialized markets by 2030 and estimates direct and indirect employment effects of about 2.2 million across trade services, innovation and entrepreneurship, cultural-tourism consumption and logistics support.
2026-06-12

CITIC Securities says the European Central Bank raised rates 25bps in June as expected, lowered growth forecasts for this year and next and raised inflation forecasts for both years. President Lagarde said the decision was unanimous and necessary, th

CITIC Securities says the European Central Bank raised rates 25bps in June as expected, lowered growth forecasts for this year and next and raised inflation forecasts for both years. President Lagarde said the decision was unanimous and necessary, that the neutral rate was not discussed, and she expects inflation to return to target in H2 2027 while providing little forward guidance on the policy path. Derivatives markets price at least one more ECB hike this year, but CITIC expects the ECB will pause further tightening, sees limited room for further euro appreciation and says the dollar index should find support.
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