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2026-10-01

Market news: Pakistan is reportedly in talks with Iran to ensure the safe passage of liquefied natural gas through the Strait of Hormuz.

Market news: Pakistan is reportedly in talks with Iran to ensure the safe passage of liquefied natural gas through the Strait of Hormuz.
2026-10-01

China Finance Minister Lan Foan said in an Oct. 1 article the ministry will prioritize stabilizing grassroots fiscal operations and preventing and resolving local government debt risks. Planned measures include moving the consumption tax collection p

China Finance Minister Lan Foan said in an Oct. 1 article the ministry will prioritize stabilizing grassroots fiscal operations and preventing and resolving local government debt risks. Planned measures include moving the consumption tax collection point downstream and gradually devolving it to local governments, reforming local surtaxes and supporting local efforts to expand tax bases; piloting integrated, coordinated use of transfer payments to give localities more autonomy to meet needs; strengthening treasury cash management and monitoring to ensure the "three guarantees" are not disrupted; accelerating reduction of existing hidden debt while strictly investigating new hidden debt, false debt conversions and other violations to consolidate debt-reduction gains; and orderly reform of local government financing platforms to remove government financing functions and ban new or repurposed financing platforms.
2026-10-01

China's finance minister Lan Foan said fiscal authorities will design targeted incremental policies to expand domestic effective demand and keep the economy on an even keel as the 15th Five-Year Plan begins. Fiscal measures include reasonably speedin

China's finance minister Lan Foan said fiscal authorities will design targeted incremental policies to expand domestic effective demand and keep the economy on an even keel as the 15th Five-Year Plan begins. Fiscal measures include reasonably speeding up spending and stepping up oversight of regions with slow disbursements to get funds deployed sooner. Authorities will coordinate use of ultra-long special sovereign bonds and local government special bonds to advance construction of the six networks and two priority projects. The ministry will expand interest-subsidy programs—widening coverage, adding executing agencies and modestly raising limits—to stimulate consumption and leverage private investment. Beijing will issue 300 billion yuan of special sovereign bonds to help selected central financial firms replenish core Tier‑1 capital, shore up their stability and capacity to lend to the real economy. Officials will study using local government debt-stock limit arrangements and other incremental measures to boost local general public budget capacity and support expanded effective investment.
2026-10-01

President Trump posted that Boeing's 737 Max "withstood G-forces and stresses" far beyond its design specifications and expected limits," praised the airframe's precise, robust structural design, called Boeing's commercial airliners the best in the s

President Trump posted that Boeing's 737 Max "withstood G-forces and stresses" far beyond its design specifications and expected limits," praised the airframe's precise, robust structural design, called Boeing's commercial airliners the best in the sky, and said the 737 Max's "genius" design deserves recognition.
2026-10-01

India's monthly economic report says net FDI inflows in the current fiscal year are expected to improve versus the previous fiscal year.

India's monthly economic report says net FDI inflows in the current fiscal year are expected to improve versus the previous fiscal year.
2026-10-01

India's monthly economic report: Net foreign direct investment inflows are expected to improve this fiscal year compared to the previous fiscal year.

India's monthly economic report: Net foreign direct investment inflows are expected to improve this fiscal year compared to the previous fiscal year.
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