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Federal Reserve's Logan: After raising interest rates by 50 basis points, it would be reasonable to pause rate hikes in order to determine what further action is appropriate.

2026-10-31

Federal Reserve's Logan: After raising interest rates by 50 basis points, it would be reasonable to pause rate hikes in order to determine what further action is appropriate.

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2026-10-30

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.0 occurred near Shidian County, Baoshan City, Yunnan Province (24.65 degrees north latitude, 99.29 degrees east longitude) at 14:31 on Octob

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.0 occurred near Shidian County, Baoshan City, Yunnan Province (24.65 degrees north latitude, 99.29 degrees east longitude) at 14:31 on October 30. The final result is subject to the official rapid report.
2026-10-30

The NDRC and other ministries issued Guiding Opinions on Strengthening Consumer Infrastructure and Promoting Healthy Interaction Between Consumption and Investment, endorsing upgrades to offline retail facilities. Support covers commercial complexes,

The NDRC and other ministries issued Guiding Opinions on Strengthening Consumer Infrastructure and Promoting Healthy Interaction Between Consumption and Investment, endorsing upgrades to offline retail facilities. Support covers commercial complexes, shopping centers, department stores and large supermarkets to renew air conditioning, elevators, heating, refrigeration, power supply, lighting and security equipment to improve the in‑store experience and expand/upgrade offline consumption. The guidance promotes multi‑format integration in commercial streets and complexes, launching an urban commercial quality improvement action and retail innovation/upgrade projects: optimize space design, accelerate renovations, update smart equipment, and add cultural, sports, fitness and entertainment amenities to build cultural-tourism-sports-commerce mixed formats and expand consumption scenarios. It also pushes upgrades of older commercial districts toward cultural & creative, night‑market, trendy retail and immersive-experience formats.
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