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India is considering cutting sugar import tariffs to curb domestic record-high sugar prices.

2026-08-18

India is considering cutting sugar import tariffs to curb domestic record-high sugar prices.

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2026-08-18

{"title":"US Treasury yields stay elevated; Castle Securities flags Fed as market risk","content":"Castle Securities said the Fed's reluctance to tighten further despite prolonged above-target inflation has left long-term Treasury yields at multi-yea

{"title":"US Treasury yields stay elevated; Castle Securities flags Fed as market risk","content":"Castle Securities said the Fed's reluctance to tighten further despite prolonged above-target inflation has left long-term Treasury yields at multi-year highs, posing broader market risk. Noshad Shah, head of EMEA fixed-income sales at Castle Securities, noted policy rates are roughly 175 bps below their peak while long-term Treasures remain near 20-year highs. On Monday the 30-year Treasury yield rose above 5.28% to a 19-year high. Last week's data showing softer inflation and weaker consumer demand lowered market odds of a September Fed rate cut. Shah warned recent easing in inflation and labor-market cooling should not be taken as the removal of rate risk, noting more than 55% of core goods prices are still rising. He called next month's Fed meeting "a close contest.""}
2026-08-18

Hong Kong stocks opened lower: Hang Seng fell 0.65% to 25,287.25 and the Hang Seng Tech Index dropped 1.99% to 4,686.98. Large-model/AI concept names and PCB plays led declines while planting/agriculture and innovative drug stocks outperformed. Post-

Hong Kong stocks opened lower: Hang Seng fell 0.65% to 25,287.25 and the Hang Seng Tech Index dropped 1.99% to 4,686.98. Large-model/AI concept names and PCB plays led declines while planting/agriculture and innovative drug stocks outperformed. Post-results winners included Chow Sang Sang (00116.HK) +16%, GenScript Biotech (01548.HK) +7.6%, WuXi Biologics (02269.HK) +5% and Shandong Molong (00568.HK) +4%. Heavy losers: Zhipu (02513.HK) down over 16%—shares touched HK$1,000 intraday; MINIMAX-W (00100.HK) -12%, Xunce (03317.HK) -8%, Tianshu Zhixin (09903.HK) -7.7%, Kingboard Laminates (01888.HK) -7%, Horizon Robotics (09660.HK), Shenghong Technology (02476.HK) and Lanqi Technology (06809.HK) down more than 6%, SenseTime (00020.HK) -6% and Kingboard Group (00148.HK) down over 5%.
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