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Kevin Hassett, White House National Economic Council director and chief economist adviser to President Trump, said on Fox News' Sunday Morning Futures that former Fed chair Powell should leave the Federal Reserve Board "now" to respect the Fed's inde

2026-10-05

Kevin Hassett, White House National Economic Council director and chief economist adviser to President Trump, said on Fox News' Sunday Morning Futures that former Fed chair Powell should leave the Federal Reserve Board "now" to respect the Fed's independence. The remarks followed an internal report that found management failures in the Federal Reserve's Washington headquarters renovation.

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2026-10-05

Japan's Nikkei 225 futures rose 1.86% in early trade.

Japan's Nikkei 225 futures rose 1.86% in early trade.
2026-10-04

MOFCOM said at mid-holiday that China’s consumer market remained stable and orderly in the first half of the National Day holiday; essential goods were well supplies and prices stable. MOFCOM commercial data showed that in the first three days footfa

MOFCOM said at mid-holiday that China’s consumer market remained stable and orderly in the first half of the National Day holiday; essential goods were well supplies and prices stable. MOFCOM commercial data showed that in the first three days footfall and turnover across 78 monitored shopping districts rose 3.4% and 5.3% YoY. Trade-in promotions generated CNY19.63 bln in sales and served 3.483 mln people: auto trade-ins totaled 46,000 units, supporting CNY7.45 bln in new-car sales; appliance trade-ins reached 1.511 mln units, driving CNY6.5 bln in sales; digital and smart-product purchases numbered 1.709 mln units, producing CNY4.9 bln in sales.
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