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President Trump: Iran will not possess nuclear weapons.

2026-08-05

President Trump: Iran will not possess nuclear weapons.

Other News
2026-08-05

HSBC’s Guangzhou branch said residential mortgage rates can be offered as low as 2.7%. Most Chinese cities have removed an explicit lower bound on housing loan rates but rates generally remain above 3%; Guangzhou banks briefly cut rates below 3% then

HSBC’s Guangzhou branch said residential mortgage rates can be offered as low as 2.7%. Most Chinese cities have removed an explicit lower bound on housing loan rates but rates generally remain above 3%; Guangzhou banks briefly cut rates below 3% then reverted to ~3%. Yan Yuejin, deputy director at Shanghai E-House Real Estate Research Institute, said broad mortgage-rate cuts are unlikely, 3% is effectively the floor, and the 2.7% pricing will be limited to selected customers, resembling a targeted "price war".
2026-08-04

U.S. Treasury Secretary BESSENT said he is tired of hearing about the K-shaped economic theory.

U.S. Treasury Secretary BESSENT said he is tired of hearing about the K-shaped economic theory.
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