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China’s Ministry of Science and Technology and the European Commission signed a 2025–27 China‑EU joint research funding agreement targeting Agriculture, Food and Biobased Solutions (FAB) and Climate Change and Biodiversity (CCB). The deal establishes

2026-07-22

China’s Ministry of Science and Technology and the European Commission signed a 2025–27 China‑EU joint research funding agreement targeting Agriculture, Food and Biobased Solutions (FAB) and Climate Change and Biodiversity (CCB). The deal establishes joint grants to universities, research institutes and companies for applied R&D aimed at carbon‑neutral and low‑carbon solutions. China will channel support via the National Key R&D Program’s intergovernmental international S&T innovation cooperation key project; the EU will use Horizon Europe.

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2026-07-21

Magdalene Teo, Asia fixed-income analyst at Baosheng Group, says renewed US–Iran tensions make most Asian central banks likely to keep policy rates unchanged while retaining a hawkish bias. She cites persistent supply‑chain disruption and higher glob

Magdalene Teo, Asia fixed-income analyst at Baosheng Group, says renewed US–Iran tensions make most Asian central banks likely to keep policy rates unchanged while retaining a hawkish bias. She cites persistent supply‑chain disruption and higher global energy prices as drivers of slower Asian growth this year, weighing on consumers and traditional sectors. Teo expects the central banks of Japan, South Korea, Indonesia and the Philippines to remain hawkish but says a sustained US data slowdown and a softer dollar could give Asian central banks limited scope to ease policy to support growth.
2026-07-21

ECB credit survey: demand for housing loans fell sharply in Q2 and is expected to weaken further in Q3.

ECB credit survey: demand for housing loans fell sharply in Q2 and is expected to weaken further in Q3.
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