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Night session opened in China; main domestic futures contracts were mostly higher. SC crude oil rose over 4%, fuel oil gained more than 3% and benzene nearly 3%; propylene, low-sulfur fuel oil (LU), asphalt, styrene (EB) and LPG advanced over 2%. Pul

2026-09-09

Night session opened in China; main domestic futures contracts were mostly higher. SC crude oil rose over 4%, fuel oil gained more than 3% and benzene nearly 3%; propylene, low-sulfur fuel oil (LU), asphalt, styrene (EB) and LPG advanced over 2%. Pulp fell over 1% and iron ore declined about 1%.

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2026-09-09

In a report, Bank of America economists stated that a more sustained chip growth cycle, driven by continued global AI investment, could further boost South Korea's GDP growth. They revised their 2026 and 2027 growth forecasts upward to 3.6% and 2.5%,

In a report, Bank of America economists stated that a more sustained chip growth cycle, driven by continued global AI investment, could further boost South Korea's GDP growth. They revised their 2026 and 2027 growth forecasts upward to 3.6% and 2.5%, respectively, from 3.1% and 2.2%. They anticipate the continued rise in the "chip surplus" will become a multi-year phenomenon. Spillover effects are already emerging, including increased investment in manufacturing and construction, increased tax revenue driving fiscal spending, and a wealth effect boosting consumption. Bank of America expects the Bank of Korea to raise interest rates by 25 basis points twice more, possibly in November 2026 and February 2027.
2026-09-09

Thailand's Finance Minister: Rooftop solar support will begin in mid-October.

Thailand's Finance Minister: Rooftop solar support will begin in mid-October.
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