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Thailand Board of Investment approved new investment projects totaling $1.99 billion.

2026-07-08

Thailand Board of Investment approved new investment projects totaling $1.99 billion.

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2026-07-08

The three major A-share indices opened higher but closed lower. The Shenzhen Component Index fell 1%, the ChiNext Index fell 0.62%, and the Shanghai Composite Index fell 0.12%. Humanoid robots and industrial machine tools concepts led the decline.

The three major A-share indices opened higher but closed lower. The Shenzhen Component Index fell 1%, the ChiNext Index fell 0.62%, and the Shanghai Composite Index fell 0.12%. Humanoid robots and industrial machine tools concepts led the decline.
2026-07-08

RBNZ MPC unanimously raised the official cash rate (OCR) by 25bps to 2.50%. Partial reopening of the Strait of Hormuz pushed global oil and other petrochemical prices sharply lower, easing near-term inflation pressure, but the energy shock’s effects

RBNZ MPC unanimously raised the official cash rate (OCR) by 25bps to 2.50%. Partial reopening of the Strait of Hormuz pushed global oil and other petrochemical prices sharply lower, easing near-term inflation pressure, but the energy shock’s effects will persist and medium-term inflation remains uncertain. Policy is set to return inflation to target while avoiding unnecessary economic instability. New Zealand’s economy was on a recovery path before the Middle East conflict; the oil shock weakened Q2 momentum. With inflation still above target and activity expected to strengthen, further removal of monetary stimulus may be required to return inflation to the 2% midpoint. Future rate decisions will depend on incoming data, price-setting behavior and the extent to which recent cost increases pass through to consumer prices.
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