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Market news: Explosions were heard in the Saudi capital.
2026-10-19
Market news: Explosions were heard in the Saudi capital.
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2026-10-20
German Chancellor Merz said Europe has potential to catch up economically and that Germany needs to reform its social security system.
German Chancellor Merz said Europe has potential to catch up economically and that Germany needs to reform its social security system.
2026-10-19
At the 2026 Financial Street Forum, Pan Gongsheng of the People's Bank of China outlined the roadmap for interest rate liberalization reform: the monetary policy framework is in a stage of continuous improvement of price-based regulation, and there a
At the 2026 Financial Street Forum, Pan Gongsheng of the People's Bank of China outlined the roadmap for interest rate liberalization reform: the monetary policy framework is in a stage of continuous improvement of price-based regulation, and there are plans to switch the core open market operation instrument from 7-day reverse repos to overnight repos at an opportune time, making the overnight repo rate the main policy rate. This adjustment is an iterative optimization within the existing price-based regulation framework. In the future, corporate loans, bonds, and interest rate derivatives may use closer reference rates, making it easier to hedge interest rate risk.
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