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The Baltic Dry Index fell to a near-four-week low, dropping 158 points (4.61%) to 3,268, its lowest since Sept. 1. The Capesize index slid 433 points (7.49%) to 5,351; Capesize daily earnings fell $3,930 to $45,024. The Panamax index eased 5 points (

2026-09-28

The Baltic Dry Index fell to a near-four-week low, dropping 158 points (4.61%) to 3,268, its lowest since Sept. 1. The Capesize index slid 433 points (7.49%) to 5,351; Capesize daily earnings fell $3,930 to $45,024. The Panamax index eased 5 points (0.21%) to 2,402; Panamax daily earnings declined $42 to $21,620. Supramax rose 4 points (0.22%) to 1,790, and Handysize ticked up 1 point to 1,012.

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2026-09-28

Shares of U.S. gold and silver mining companies fell in line with gold prices, with Newmont Mining (NEM.N) down 4.7%, Harmony Gold (HMY.N) down 6.7%, Hekla Mining (HL.N) down 5.9%, and Cordell Mining (CDE.N) down 5.5%.

Shares of U.S. gold and silver mining companies fell in line with gold prices, with Newmont Mining (NEM.N) down 4.7%, Harmony Gold (HMY.N) down 6.7%, Hekla Mining (HL.N) down 5.9%, and Cordell Mining (CDE.N) down 5.5%.
2026-09-28

China's Financial Regulatory Administration, the Ministry of Science and Technology and other ministries held a tech-insurance promotion meeting directing insurers to expand coverage for major national science tasks and technology-focused SMEs and to

China's Financial Regulatory Administration, the Ministry of Science and Technology and other ministries held a tech-insurance promotion meeting directing insurers to expand coverage for major national science tasks and technology-focused SMEs and to push tech insurance into industrial parks, incubators and high-tech zones. The agencies called for insurance product optimization across the full innovation chain—R&D, pilot production, pilot trials and first use, commercialization and industrialization—and for embedding risk assessment, monitoring and hazard checks into firms' innovation processes. Insurance firms were told to strengthen policy, product, team, talent and performance systems, accumulate technology-risk data and refine actuarial pricing. Insurance capital should be mobilized to invest early, in smaller tickets, for longer durations and into hard-tech via bonds, funds, equity and asset securitization. Financial regulators, the science ministry, MIIT, the finance ministry and IP authorities were asked to coordinate support for innovation alongside fund-safety management. The meeting also launched a tech-insurance publicity campaign and exchanged policy guidance and typical cases.
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