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The IMF World Economic Outlook report states that commodity prices and bond markets pose an "imminent threat."
2026-10-13
The IMF World Economic Outlook report states that commodity prices and bond markets pose an "imminent threat."
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2026-10-12
India's annual CPI rose to 5.54% in September, the highest since late 2024 and approaching the Reserve Bank of India's 2–6% tolerance band, the Ministry of Statistics and Program Implementation said on Monday. The print exceeded August's revised 4.83
India's annual CPI rose to 5.54% in September, the highest since late 2024 and approaching the Reserve Bank of India's 2–6% tolerance band, the Ministry of Statistics and Program Implementation said on Monday. The print exceeded August's revised 4.83% and was in line with economists' survey median of 5.58%. The reading reinforces the RBI's decision last week to raise rates for the first time in nearly four years. Indian government bonds sold off after the release: the benchmark 10-year yield rose about 10 bps to 7.40%. Food was the main driver, with food inflation jumping to 7.74% in September from 5.97% in August; food accounts for over one-third of the CPI basket and below-normal rainfall is expected to add further price pressure in coming months.
2026-10-13
Hong Kong-listed chip stocks plummeted, with Tianshu Zhixin (09903.HK) falling over 7%, followed by declines in other stocks such as Biren Technology (06082.HK), Montage Technology (06809.HK), Huahong Grace (01347.HK), and GigaDevice (03986.HK).
Hong Kong-listed chip stocks plummeted, with Tianshu Zhixin (09903.HK) falling over 7%, followed by declines in other stocks such as Biren Technology (06082.HK), Montage Technology (06809.HK), Huahong Grace (01347.HK), and GigaDevice (03986.HK).
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