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General Motors: It expects total tariff costs in 2026 to be at the low end of the $2.5 billion to $3.5 billion range.

2026-10-20

General Motors: It expects total tariff costs in 2026 to be at the low end of the $2.5 billion to $3.5 billion range.

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2026-10-20

Iran's Islamic Revolutionary Guard Corps said its air defenses shot down a US MQ-9 drone over the Strait of Hormuz early this morning.

Iran's Islamic Revolutionary Guard Corps said its air defenses shot down a US MQ-9 drone over the Strait of Hormuz early this morning.
2026-10-20

1. October LPR (Loan Prime Rate) released: Both 1-year and 5-year (or longer) rates remain unchanged. 2. The People's Bank of China (PBOC) will conduct overnight reverse repurchase operations from October 21 to November 2, with daily operations not

1. October LPR (Loan Prime Rate) released: Both 1-year and 5-year (or longer) rates remain unchanged. 2. The People's Bank of China (PBOC) will conduct overnight reverse repurchase operations from October 21 to November 2, with daily operations not exceeding 1 trillion yuan. 3. The PBOC announced a series of measures, including expanding the scope of institutions eligible for the Standing Lending Facility (SLF). 4. Pan Gongsheng: The PBOC will study switching the maturity of its main open market operations to overnight at an opportune time. 5. The Ministry of Finance plans to issue 2026 book-entry discount (68th tranche) treasury bonds with a total face value of 55 billion yuan. 6. New Zealand's inflation cooled briefly but is unlikely to prevent a rebound; the market expects another 25 basis point rate hike at the end of October. 7. Investors increased AI-related credit default swap transactions to hedge industry debt risks. 8. Google executives refuted European concerns about US dominance in AI, stating that industry competition is intensifying. 9. S&P Global warns: Hyperscale cloud service providers' AI-related debt may be higher than currently known levels. 10. South Korea expects public sector bond issuance to reach 59 trillion won in the fourth quarter. 11. Japanese investors made net purchases of 18.8 trillion yen in government bonds in the first half of the year, the highest since 2009.
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