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Market news: Harold Hamm's Continental Resources will announce a Venezuelan oil deal.

2026-09-16

Market news: Harold Hamm's Continental Resources will announce a Venezuelan oil deal.

Other News
2026-09-16

Japan's Nikkei 225 opened up 11.05 points, or 0.02%, at 63,495.15 on Wednesday, Sept. 16.

Japan's Nikkei 225 opened up 11.05 points, or 0.02%, at 63,495.15 on Wednesday, Sept. 16.
2026-09-16

On Sept. 16 Qiushi published a signed article by PBOC Governor Pan Gongsheng saying credit growth alone cannot measure the strength of financial support for the real economy. He said technological innovation is complex and better served by a diversif

On Sept. 16 Qiushi published a signed article by PBOC Governor Pan Gongsheng saying credit growth alone cannot measure the strength of financial support for the real economy. He said technological innovation is complex and better served by a diversified financing structure: tech firms typically pass seed, start-up, growth and maturity stages with materially different risk profiles and funding needs, requiring a range of markets and financial ecosystems. Early-stage firms rely mainly on private equity and venture capital; in later stages they can finance via bank loans, bonds and equity. Financial markets have an advantage in funding frontier, high-risk/high-return innovation and provide a healthy substitution and diversion from bank lending, and Pan said this structural change will become the norm.
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