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A Reuters poll indicates that Saudi Arabia may raise its official selling price (OSP) for crude oil sold to Asia in October, after the Middle East spot crude market surged due to tight supply and strong demand.

2026-08-31

A Reuters poll indicates that Saudi Arabia may raise its official selling price (OSP) for crude oil sold to Asia in October, after the Middle East spot crude market surged due to tight supply and strong demand.

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2026-08-30

Aug 28 — Multiple ministries issued three major documents on housing sales reform, reconstruction of the real-estate credit system and capital-market support to build a new property development model. New measures include prioritizing sale of complet

Aug 28 — Multiple ministries issued three major documents on housing sales reform, reconstruction of the real-estate credit system and capital-market support to build a new property development model. New measures include prioritizing sale of completed homes for newly released land and raising the unified presale threshold to main-structure topping-out. Markets view this as a structural overhaul of the commodity-housing presale system. Guangdong Real Estate Industry Association president Wang Shao said the changes are a phased, categorized reform rather than an immediate end to presales. The policy package aims to lower sector leverage, strip excessive financialization from housing and refocus real estate on residence. Wang said completed-home sales will substantially raise industry entry barriers and force a reconstruction of developers’ traditional high-turnover financing and development logic; he expects short-term adjustment pain but possible entry into a higher-quality development cycle over the medium to long term.
2026-08-31

Australia's seasonally adjusted business inventories fell 0.2% quarter-on-quarter in the second quarter, in line with expectations of 0.2% and the previous reading of 0.50%.

Australia's seasonally adjusted business inventories fell 0.2% quarter-on-quarter in the second quarter, in line with expectations of 0.2% and the previous reading of 0.50%.
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