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Iran's deputy foreign minister said the US signaled in communications that it is ready to return to its commitments.

2026-08-06

Iran's deputy foreign minister said the US signaled in communications that it is ready to return to its commitments.

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2026-08-05

CPCA data for July 1-31: China passenger vehicle NEV retail sales 970,000 units, down 2% YoY and down 4% versus the prior month; YTD retail 5.675 mln units, down 12% YoY. Manufacturer NEV wholesale shipments 1,463,000 units in July, up 24% YoY and do

CPCA data for July 1-31: China passenger vehicle NEV retail sales 970,000 units, down 2% YoY and down 4% versus the prior month; YTD retail 5.675 mln units, down 12% YoY. Manufacturer NEV wholesale shipments 1,463,000 units in July, up 24% YoY and down 1% versus the prior month; YTD wholesale 8.251 mln units, up 8% YoY. July retail NEV penetration 64.4%; wholesale penetration 65.3%.
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".
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