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China State Planner says it is working with relevant departments to urgently draft an implementation plan to expand domestic demand.

2026-07-31

China State Planner says it is working with relevant departments to urgently draft an implementation plan to expand domestic demand.

Other News
2026-07-30

Suren Thiru, chief economist at the Institute of Chartered Accountants in England and Wales, said the Bank of England’s decision to hold rates was a pragmatic response after inflation undershot forecasts and renewed US‑Iran tensions threatened fresh

Suren Thiru, chief economist at the Institute of Chartered Accountants in England and Wales, said the Bank of England’s decision to hold rates was a pragmatic response after inflation undershot forecasts and renewed US‑Iran tensions threatened fresh price upside. He noted a 6-3 MPC split was narrower than expected and that inflation concerns currently outweigh growth worries, keeping a September rate hike live. Thiru said the rate path remains undecided; policy could stay on hold for the rest of the year with policymakers relying on hawkish rhetoric rather than additional hikes. He warned the longer the Iran conflict continues, the greater the risk the committee will lose patience.
2026-07-30

CNBC sources say Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner and managing about $24bn, is unwinding trades after taking heavy losses in recent weeks. Losses followed a sell-off in AI-concept names and

CNBC sources say Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner and managing about $24bn, is unwinding trades after taking heavy losses in recent weeks. Losses followed a sell-off in AI-concept names and failed shorts on software firms: its AI-infrastructure holdings including SK Hynix fell, while short positions against Adobe incurred large losses. The fund is reportedly raising liquidity and has been selling assets, including stakes in private companies such as Anthropic; potential buyers have expressed interest in part or all of the Anthropic holding. Sources say it is unclear whether sales are negotiated to meet margin calls or part of a broader portfolio liquidation.
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