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BOC raised its policy rate 25bps to 2.50% from 2.25%, marking its first hike in more than three years and in line with market expectations.

2026-10-28

BOC raised its policy rate 25bps to 2.50% from 2.25%, marking its first hike in more than three years and in line with market expectations.

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2026-10-28

At the open, China's most-active futures contracts were mixed. Coking coal rose over 3%; coke, soda ash and lithium carbonate gained more than 2%; flat glass was up about 2%; aluminum, PVC and Shanghai silver rose above 1%. Shanghai crude (SC) fell m

At the open, China's most-active futures contracts were mixed. Coking coal rose over 3%; coke, soda ash and lithium carbonate gained more than 2%; flat glass was up about 2%; aluminum, PVC and Shanghai silver rose above 1%. Shanghai crude (SC) fell more than 2%; benzene, fuel oil, soybean No.2, PTA, coated paper and paraxylene dropped over 1%.
2026-10-28

Unilever said on Wednesday it expects product price increases to widen in Q4 and next year as costs tied to the Iran war accumulate, and is joining other consumer-goods makers in passing those costs to consumers. Coca-Cola, Procter & Gamble, Nestlé a

Unilever said on Wednesday it expects product price increases to widen in Q4 and next year as costs tied to the Iran war accumulate, and is joining other consumer-goods makers in passing those costs to consumers. Coca-Cola, Procter & Gamble, Nestlé and Reckitt have warned they may raise prices further next year to offset effects from the US and Israel's late-February war on Iran.
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