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The Federal Reserve stated that the FOMC meeting will resume as scheduled at 9:00 a.m. on Wednesday.

2026-06-17

The Federal Reserve stated that the FOMC meeting will resume as scheduled at 9:00 a.m. on Wednesday.

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2026-06-17

Fu Fan, chairman and executive director of China Pacific Insurance (Group) Co., Ltd., said Shanghai and Hong Kong should coordinate to establish a complementary reinsurance model of an offshore hub plus an onshore center. Shanghai will leverage its l

Fu Fan, chairman and executive director of China Pacific Insurance (Group) Co., Ltd., said Shanghai and Hong Kong should coordinate to establish a complementary reinsurance model of an offshore hub plus an onshore center. Shanghai will leverage its large domestic direct-insurance market and Lingang institutional innovations to accelerate an onshore reinsurance center; Hong Kong will serve as the offshore hub with a mature reinsurance ecosystem, international-aligned rules and cross-border service experience. He said integrating the two markets is a key step from one-way opening to two-way opening for China’s reinsurance sector, helping build independent risk-pricing capacity and strengthening the risk-resilience of Chinese firms’ global expansion.
2026-06-17

China's night session opened with main futures contracts mixed. Low-sulfur fuel oil (LU) rose >2%; SC crude, PX, PTA and styrene gained around 1%. Butadiene rubber, coking coal, caustic soda and glass fell over 1%.

China's night session opened with main futures contracts mixed. Low-sulfur fuel oil (LU) rose >2%; SC crude, PX, PTA and styrene gained around 1%. Butadiene rubber, coking coal, caustic soda and glass fell over 1%.
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