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Zhengzhou customs said Henan’s Jan–Jul total trade was 608.86 bln yuan, up 25.8% YoY; exports 372.47 bln yuan (+14.9%), imports 236.39 bln yuan (+47.8%). July trade 88.78 bln yuan, up 24.6% YoY; July exports 53.09 bln yuan (+17.1%), imports 35.69 bln

2026-08-12

Zhengzhou customs said Henan’s Jan–Jul total trade was 608.86 bln yuan, up 25.8% YoY; exports 372.47 bln yuan (+14.9%), imports 236.39 bln yuan (+47.8%). July trade 88.78 bln yuan, up 24.6% YoY; July exports 53.09 bln yuan (+17.1%), imports 35.69 bln yuan (+37.9%).

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2026-08-12

The South Korean KOSPI index surged 5.00% intraday, currently trading at 6665.78 points.

The South Korean KOSPI index surged 5.00% intraday, currently trading at 6665.78 points.
2026-08-12

Westpac chief economist Luci Ellis said the RBA's decision to hold rates met expectations but its guidance — "only prepared to raise rates if upside inflation risks materialize", firmer than May's "if necessary" — has effectively lowered market odds

Westpac chief economist Luci Ellis said the RBA's decision to hold rates met expectations but its guidance — "only prepared to raise rates if upside inflation risks materialize", firmer than May's "if necessary" — has effectively lowered market odds of further hikes. Westpac now expects rates to remain on hold through mid‑next year, inflation citing and labor‑market data running below the RBA's May forecasts. The bank describes the move as a "hawkish pause" rather than a loosening; a small chance of further hikes this year remains, conditional on energy-related cost pass-through or escalation in the Middle East.
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