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The Eurozone's industrial sentiment index for October was -3.4, compared to a forecast of -3.8 and a previous reading of -3.8.

2026-10-29

The Eurozone's industrial sentiment index for October was -3.4, compared to a forecast of -3.8 and a previous reading of -3.8.

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2026-10-29

Since October, foreign banks operating in China including HSBC, Standard Chartered, DBS and Yongfeng Bank have been rolling out RMB large-denomination time deposits. Yongfeng is offering a 3-year annualized yield of 1.92%, roughly 40bps above state-o

Since October, foreign banks operating in China including HSBC, Standard Chartered, DBS and Yongfeng Bank have been rolling out RMB large-denomination time deposits. Yongfeng is offering a 3-year annualized yield of 1.92%, roughly 40bps above state-owned big banks' 3-year products; Bank of East Asia has issued multiple 3-year offers at 1.90% this year. Standard Chartered and HSBC are concentrating on short-dated tenors of one year or less. Rong360 analyst Ai Yawen says the push is primarily to stock RMB for cross-border business and shore up retail funding gaps, but higher rates to attract deposits will squeeze margins and are unlikely to be sustained long term.
2026-10-29

South Korea's finance minister said he will take immediate measures if market volatility intensifies.

South Korea's finance minister said he will take immediate measures if market volatility intensifies.
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