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On June 17, 2026 in Shanghai, PBOC's Pan met with Monetary Authority of Singapore managing director Xie Dizhen on the sidelines of the Lujiazui Financial Forum; they exchanged views on the current economic and financial outlook and China–Singapore bi

2026-06-18

On June 17, 2026 in Shanghai, PBOC's Pan met with Monetary Authority of Singapore managing director Xie Dizhen on the sidelines of the Lujiazui Financial Forum; they exchanged views on the current economic and financial outlook and China–Singapore bilateral financial cooperation.

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2026-06-18

Domestic News: 1. National Energy Administration: Total electricity consumption in May 2026 increased by 6.9% year-on-year. 2. State Financial Supervision and Administration Bureau issued guiding opinions on the secure development and application o

Domestic News: 1. National Energy Administration: Total electricity consumption in May 2026 increased by 6.9% year-on-year. 2. State Financial Supervision and Administration Bureau issued guiding opinions on the secure development and application of artificial intelligence in the banking and insurance industries. International News: 1. Kuwait initiated increased oil production and immediately lifted all force majeure declarations. 2. Bank of England kept interest rates unchanged; two members advocated a 25 basis point rate hike. 3. Middle East Situation: ① Israeli official: Israel and the US are engaged in "tough negotiations" on the issue of troop deployment in southern Lebanon. ② Iranian media: The Iranian Revolutionary Guard Navy will continue to control the Strait of Hormuz. ③ Kuwait initiated increased oil production and immediately lifted all force majeure declarations. ④ Foreign media: The first LNG ship since the start of the conflict with Iran passed through the Strait of Hormuz. ⑤ US Defense Secretary Hergsays: If Iran does not comply with the rules, we will be prepared to resume strikes. ⑥ Pakistani media reported that the Pakistani Prime Minister canceled his trip to Switzerland. Israeli media reported that the Pakistani Deputy Foreign Minister will attend the signing ceremony of the US-Iran memorandum of understanding. Iranian media reports that the itinerary for the Iranian delegation to Switzerland is uncertain.
2026-06-18

Russia said it welcomed a US-Iran agreement.

Russia said it welcomed a US-Iran agreement.
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