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PBOC: At end-October, China broad money (M2) was 359.06 trillion yuan, up 7.1% YoY; narrow money (M1) was 116.9 trillion yuan, up 4.4% YoY.

2026-11-13

PBOC: At end-October, China broad money (M2) was 359.06 trillion yuan, up 7.1% YoY; narrow money (M1) was 116.9 trillion yuan, up 4.4% YoY.

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2026-11-12

City and state leaders representing more than 60% of US GDP on Thursday pledged at COP31 in Antalya to work with the United Nations to track US greenhouse gas emissions. The initiative is intended to demonstrate ongoing subnational decarbonization de

City and state leaders representing more than 60% of US GDP on Thursday pledged at COP31 in Antalya to work with the United Nations to track US greenhouse gas emissions. The initiative is intended to demonstrate ongoing subnational decarbonization despite the Trump administration's withdrawal from the Paris Agreement and regulatory rollbacks on emissions. United Nations Secretary‑General Guterres welcomed the local action, citing rising private‑sector investment in renewables and increasing commitment from governors and mayors, and said he hoped the US as a whole would reengage.
2026-11-13

Jen‑Hsun Huang's abrupt resignation from NVIDIA may increase Korean memory makers' leverage in upcoming HBM supply negotiations while creating uncertainty around AI projects he personally championed. The vice chairman of the Korea Semiconductor Indus

Jen‑Hsun Huang's abrupt resignation from NVIDIA may increase Korean memory makers' leverage in upcoming HBM supply negotiations while creating uncertainty around AI projects he personally championed. The vice chairman of the Korea Semiconductor Industry Association said the shift could benefit suppliers: even if other firms step into NVIDIA's market share, those firms will still require HBM. He added NVIDIA's dependence on a small number of memory vendors is the core risk—finding replacement suppliers is not straightforward—and Korean producers can spread capacity across multiple customers instead of concentrating on a single client, which would be advantageous.
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