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Oct 20, 2026 — The PBOC authorized the National Interbank Funding Center to publish new LPR quotes: 1-year 3.00%; 5-year and above 3.50%. Oriental Jincheng said recent LPR stability reflects Q3 GDP acceleration to 4.5% and faster growth in new produc

2026-10-20

Oct 20, 2026 — The PBOC authorized the National Interbank Funding Center to publish new LPR quotes: 1-year 3.00%; 5-year and above 3.50%. Oriental Jincheng said recent LPR stability reflects Q3 GDP acceleration to 4.5% and faster growth in new productive forces, led by high-tech manufacturing. Against that backdrop, aggregate monetary policy will remain steady; countercyclical adjustment will emphasize structural tools. After structural growth‑support and property‑stabilization measures roll out, policymakers will enter an effects‑observation phase. Near‑term probability of a broad‑based rate cut is low, so the pricing basis for LPR should remain stable.

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Yemen military said government forces have seized the battlefield initiative and expanded the "Yemen Dawn" offensive. Over the past 24 hours government aircraft, drones, field artillery, rocket launchers and snipers carried out 1,164 precision strike

Yemen military said government forces have seized the battlefield initiative and expanded the "Yemen Dawn" offensive. Over the past 24 hours government aircraft, drones, field artillery, rocket launchers and snipers carried out 1,164 precision strikes against Houthi assembly points, reinforcements and vehicles, destroying defensive positions and cutting fire‑support and supply lines.
2026-10-20

Iran's Supreme Leader Mojtaba Khamenei: Foreign powers have no place in the Persian Gulf.

Iran's Supreme Leader Mojtaba Khamenei: Foreign powers have no place in the Persian Gulf.
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