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A-share gold and jewelry stocks strengthened in afternoon trade; Zhaojin Gold jumped over 9%, while Mankalong, Western Gold and Hunan Gold also rose.

2026-08-10

A-share gold and jewelry stocks strengthened in afternoon trade; Zhaojin Gold jumped over 9%, while Mankalong, Western Gold and Hunan Gold also rose.

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2026-08-10

At an Aug. 10 results briefing, Haitong Development said rising short-term El Niño risk is boosting summer coal demand but is disrupting Panama Canal transit. Middle East tensions have lifted oil and gas prices and, combined with higher US hydrocarbo

At an Aug. 10 results briefing, Haitong Development said rising short-term El Niño risk is boosting summer coal demand but is disrupting Panama Canal transit. Middle East tensions have lifted oil and gas prices and, combined with higher US hydrocarbon exports, increased tanker traffic through the Canal. Daily transit capacity is limited and congestion has already emerged; bulk carriers unable to pay queue-jump fees have been forced to reroute. El Niño is also lowering Panama water levels and reducing transit efficiency. The company expects congestion to worsened after Sep. 2026 when the North American grain season and US soybean exports ramp up. Looking to Q4, the end of the West African rainy season should allow a sharp recovery in shipments.
2026-08-10

Bank of Japan July meeting minutes: one board member said the Bank must make clear its resolve to prevent inflation from overshooting, as inflationary pressure may begin to emerge from the summer.

Bank of Japan July meeting minutes: one board member said the Bank must make clear its resolve to prevent inflation from overshooting, as inflationary pressure may begin to emerge from the summer.
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