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Mitsubishi UFJ Financial Group analyst Derek Halpenny said in a report that if an AI-related sell-off occurs, the Australian dollar could be the most vulnerable currency. He cited Australia’s recent surge in data-center construction and other AI inve

2026-11-13

Mitsubishi UFJ Financial Group analyst Derek Halpenny said in a report that if an AI-related sell-off occurs, the Australian dollar could be the most vulnerable currency. He cited Australia’s recent surge in data-center construction and other AI investment, which increases the AUD’s sensitivity to AI industry dynamics. Halpenny added the country’s energy and commodity exposure would exacerbate the impact via weaker terms of trade.

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2026-11-13

PBOC Deputy Governor Zou Lan said at the Caixin Summit on Nov 13 that China’s credit market has undergone deep structural change: the economy’s monotization process has largely run its course, China has the world’s largest banking system and a leadin

PBOC Deputy Governor Zou Lan said at the Caixin Summit on Nov 13 that China’s credit market has undergone deep structural change: the economy’s monotization process has largely run its course, China has the world’s largest banking system and a leading inclusive finance framework, outstanding loans are about 300 tln yuan and more than 800 mln people have credit records. He said slower credit growth coupled with a shift toward higher-quality lending has become the new macro normal, with the policy focus moving from incremental expansion to stock optimization and from scale orientation to targeted lending. Technology innovation, green transition and private small-and-micro enterprises are priority but weak areas; corresponding credit services—credit scoring, credit-reporting mechanisms and risk models—remain underdeveloped and the credit system’s adaptability needs improvement.
2026-11-13

According to Ukrainian media reports, the number of people injured in the Russian attack on Zaporizhyo has risen to 50.

According to Ukrainian media reports, the number of people injured in the Russian attack on Zaporizhyo has risen to 50.
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