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UK Chancellor Healey said the budget will be published on Oct 28.

2026-07-31

UK Chancellor Healey said the budget will be published on Oct 28.

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2026-07-31

China's 12th national centralized drug procurement will open bids in Shanghai on July 31; bidders begin submitting price materials from 07:30. The tender includes 65 drugs spanning anti-infectives, oncology, antithrombotics, antidiabetics, antihypert

China's 12th national centralized drug procurement will open bids in Shanghai on July 31; bidders begin submitting price materials from 07:30. The tender includes 65 drugs spanning anti-infectives, oncology, antithrombotics, antidiabetics, antihypertensives, lipid-lowering, rheumatology/autoimmune and analgesic/anti-inflammatory categories. At the bid opening, banks and insurers including Bank of China, Sinosure, China Merchants Bank, SPD Bank, Shanghai Bank and the China Drug Price Registration System introduced financing and support products for bidders, such as "procurement loans", "traceability-code loans" and drug price registration services.
2026-07-31

Bank of England's MPC stance is shifting: hawkish members are becoming isolated. Thursday's 6-3 vote to raise rates—driven by concern over an Iran-related energy shock—masks a broader migration toward dovishness among other MPC members, notably deput

Bank of England's MPC stance is shifting: hawkish members are becoming isolated. Thursday's 6-3 vote to raise rates—driven by concern over an Iran-related energy shock—masks a broader migration toward dovishness among other MPC members, notably deputy governors Lombard and Ramsden. Both had warned of second-round inflation from higher energy, but those concerns are easing as growth softens and firms curb hiring. Markets now see a majority consensus to keep rates unchanged unless inflation risks re-emerge; Ramsden said if the conflict eases and domestic price pressures continue to fall the Bank may resume its previous paused rate-cut process, while Lombard said current support for a hold is not "close to a tipping point." Analysts say the hawk–dove boundary is being redrawn and the bar for further hikes has risen; rate markets price only one possible hike this year.
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