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A German government spokesperson stated that Russia cannot achieve military victory in the war in Ukraine, and that the Russian people and economy are suffering as a result.

2026-06-17

A German government spokesperson stated that Russia cannot achieve military victory in the war in Ukraine, and that the Russian people and economy are suffering as a result.

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2026-06-17

US President Trump said he will discuss trade issues with Egyptian President Sisi.

US President Trump said he will discuss trade issues with Egyptian President Sisi.
2026-06-17

Paul Chan, Hong Kong’s Financial Secretary, said at the Lujiazui Forum on June 17 that global investor demand for RMB allocations is rising and Shanghai and Hong Kong should coordinate to broaden RMB investment products and risk‑management tools. He

Paul Chan, Hong Kong’s Financial Secretary, said at the Lujiazui Forum on June 17 that global investor demand for RMB allocations is rising and Shanghai and Hong Kong should coordinate to broaden RMB investment products and risk‑management tools. He urged aligning Shanghai’s futures and spot markets to introduce more RMB‑priced, deliverable "China‑priced" products in gold and commodities to bolster the RMB’s international investment and reserve functions. Chan called for scaling Chinese outbound direct investment and a coordinated onshore–offshore treasury platform, proposing an "industry in Shanghai, offshore treasury in Hong Kong" model to provide integrated domestic and offshore funding and asset‑allocation solutions.
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