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The A-share innovative drug sector rallied in early trading, with Yuhang Pharmaceutical hitting the daily limit, Jiankai Technology rising over 10%, and other stocks such as Chengdu Pioneer, Toujing Life, Lemei Pharmaceutical, Harbin Pharmaceutical G

2026-10-16

The A-share innovative drug sector rallied in early trading, with Yuhang Pharmaceutical hitting the daily limit, Jiankai Technology rising over 10%, and other stocks such as Chengdu Pioneer, Toujing Life, Lemei Pharmaceutical, Harbin Pharmaceutical Group, and Baipusaisi following suit.

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2026-10-16

U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline suppor

U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline supporting its war machine is cut.
2026-10-16

Federal Reserve's Hammack said current financial conditions do not appear restrictive.

Federal Reserve's Hammack said current financial conditions do not appear restrictive.
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