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Market news: Iran says negotiations with Oman over the Strait of Hormuz have entered the final stage.
2026-09-07
Market news: Iran says negotiations with Oman over the Strait of Hormuz have entered the final stage.
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2026-09-07
China's Ministry of Finance will shortly issue 300 bln yuan in special treasury bonds to bolster core Tier-1 capital at eight central financial enterprises. This follows a 2025 MoF issuance of 500 bln yuan in special bonds that recapitalized four sta
China's Ministry of Finance will shortly issue 300 bln yuan in special treasury bonds to bolster core Tier-1 capital at eight central financial enterprises. This follows a 2025 MoF issuance of 500 bln yuan in special bonds that recapitalized four state-owned megabanks — Bank of China, China Construction Bank, Bank of Communications and Postal Savings Bank. Added capital for Industrial and Commercial Bank of China and Agricultural Bank of China is expected to strengthen risk-absorption and lending capacity, supporting tech innovation, green projects and inclusive small- and micro-business lending; industry sources estimate 200 bln yuan of capital could mobilize about 2 tln yuan in additional credit. For PICC, China Life, China Taiping and China Re, recapitalization will directly boost underwriting capacity and solvency, enabling more diversified, multi-tier insurance products and a stronger role as economic shock absorbers and social stabilizers in extreme events.
2026-09-07
Iranian Foreign Ministry spokesman Baghae stated: "The US economic war is not just targeting one country, not just Iran, but also the principles of the UN Charter, national sovereignty, and free trade. Negotiations are neither good nor bad. They are
Iranian Foreign Ministry spokesman Baghae stated: "The US economic war is not just targeting one country, not just Iran, but also the principles of the UN Charter, national sovereignty, and free trade. Negotiations are neither good nor bad. They are a tool to advance national interests and safeguard national security. The Iranian Foreign Ministry will follow the decisions made by relevant institutions and will do its utmost to protect national interests."
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