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The U.S. Treasury issued a Russia-related general license authorizing transactions tied to the import of certain prohibited Russian diamonds.

2026-08-26

The U.S. Treasury issued a Russia-related general license authorizing transactions tied to the import of certain prohibited Russian diamonds.

Other News
2026-08-26

On August 25th, the DR007 rate resumed its upward trend, closing at 1.4531%, approaching the high point at the end of July. It had earlier fallen to 1.43% in early trading today. On the same day, the People's Bank of China (PBOC) injected a net 239.5

On August 25th, the DR007 rate resumed its upward trend, closing at 1.4531%, approaching the high point at the end of July. It had earlier fallen to 1.43% in early trading today. On the same day, the People's Bank of China (PBOC) injected a net 239.5 billion yuan into the market through open market operations. -------- Note: Short-term money market rates, such as DR007, reflect the adequacy of market liquidity. Besides loan rates for the real economy, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term interest rates. DR007 is generally considered the benchmark for short-term interest rates in China. The difference between DR007 and the PBOC's 7-day reverse repo rate (policy rate) indicates whether the market is short of funds. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the PBOC may intervene to inject liquidity; conversely, if the DR007 rate is lower, it indicates very ample market liquidity.
2026-08-26

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.19%, the S&P 500 down 0.02%, and the Nasdaq Composite down 0.22%. Meta Platforms (META.O) rose about 3% after the company agreed to settle allegations that its platform harmed chi

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.19%, the S&P 500 down 0.02%, and the Nasdaq Composite down 0.22%. Meta Platforms (META.O) rose about 3% after the company agreed to settle allegations that its platform harmed children.
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