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Shanghai party secretary Chen Jining met members of the Asian Business Leaders Association, including Alibaba co-founder Joe Tsai, at an industry dialogue in Shanghai. Chen urged firms to step up investment in the city and to locate more globally ori

2026-09-17

Shanghai party secretary Chen Jining met members of the Asian Business Leaders Association, including Alibaba co-founder Joe Tsai, at an industry dialogue in Shanghai. Chen urged firms to step up investment in the city and to locate more globally oriented new businesses, R&D, technologies and services in Shanghai. He said the city will continue to provide a market‑oriented, rule‑of‑law, international business environment, maintain regular communication with enterprises, solicit operator feedback to refine policy measures and improve services, and support global companies and institutions to deepen and innovate their operations in Shanghai.

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2026-09-17

UBS has a constructive outlook for gold prices over the next 12 months.

UBS has a constructive outlook for gold prices over the next 12 months.
2026-09-17

DBS Group chief economist Taimur Baig says the Fed could raise rates two more times in this cycle — once later this year and once in early 2027. He adds the Fed’s unanimous September hike paved the way for further tightening. While inflation appears

DBS Group chief economist Taimur Baig says the Fed could raise rates two more times in this cycle — once later this year and once in early 2027. He adds the Fed’s unanimous September hike paved the way for further tightening. While inflation appears largely supply-driven, Baig warns upside risks to the inflation outlook could prompt additional action; he cites Fed chair Kevin Warsh’s view that the pace of disinflation toward the 2% target is unsatisfactory and that short-term rates remain the Fed’s primary tool. Baig pegs the cycle terminal rate at 4.5%.
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