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2026-06-17

China's Ministry of Agriculture and Rural Affairs said summer grain, the year's first crop, is now over 90% harvested after main-producing provinces accelerated work in favorable weather. Measures adopted after last autumn's prolonged rains — includi

China's Ministry of Agriculture and Rural Affairs said summer grain, the year's first crop, is now over 90% harvested after main-producing provinces accelerated work in favorable weather. Measures adopted after last autumn's prolonged rains — including wet-tolerant and late sowing — kept planted area broadly stable; with area steady and yields expected to rise, the ministry said a strong summer-grain crop and clear production outlook are confirmed.
2026-06-17

The State Council Information Office said China is accelerating plans to establish a World AI Cooperation Organization and has invited international participation to promote AI for good.

The State Council Information Office said China is accelerating plans to establish a World AI Cooperation Organization and has invited international participation to promote AI for good.
2026-06-17

At a briefing marking six months since customs closure of the Hainan free-trade port, authorities said the 'zero-tariff' import value reached CNY 2.645 bln as of May 31, up 120% YoY, with tax relief totaling CNY 440 mln, up 74.1% YoY. Duty-exempt pro

At a briefing marking six months since customs closure of the Hainan free-trade port, authorities said the 'zero-tariff' import value reached CNY 2.645 bln as of May 31, up 120% YoY, with tax relief totaling CNY 440 mln, up 74.1% YoY. Duty-exempt processing value for domestic sales under the processing value-added policy was CNY 580 mln, with CNY 30.25 mln in duty relief. Bonded upstream-downstream processing value-added concessions and inclusion of on-island self-produced goods’ value-added have been fully implemented. Under the restricted list, 17 bonded repair transactions with both ends offshore were completed (goods value CNY 7.012 mln) and import-license management for those cases was removed. Island-exit duty-free sales totaled CNY 20.34 bln, up 20.5%.
2026-06-17

Goldman Sachs economist Akira Otani said the Bank of Japan is likely to raise rates again in January 2027, but the timing remains highly uncertain. With underlying inflation near 2%, even a small move — for example further modest yen depreciation — c

Goldman Sachs economist Akira Otani said the Bank of Japan is likely to raise rates again in January 2027, but the timing remains highly uncertain. With underlying inflation near 2%, even a small move — for example further modest yen depreciation — could materially raise the risk that inflation exceeds 2%, skewing the probability distribution toward an earlier hike. Otani added the actual timing will be significantly affected by the progress of communication between the BOJ and the government.
2026-06-17

China CSI 500 index futures (IC) front-month contract rose 1.00% intraday to 8,563.0.

China CSI 500 index futures (IC) front-month contract rose 1.00% intraday to 8,563.0.
2026-06-17

The main contract of CSI 500 index futures (IC) rose by 1.00% during the day, and is currently trading at 8563.0 points.

The main contract of CSI 500 index futures (IC) rose by 1.00% during the day, and is currently trading at 8563.0 points.
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