The Export-Import Bank of China said it extended nearly 500 billion yuan of new manufacturing loans in Jan–Jul, increasing resource tilt to support high-quality manufacturing and build a modern industrial system led by advanced manufacturing. Loans to advanced manufacturing totaled about 200 billion yuan, roughly 40% of the total; remaining new lending focused on traditional industry upgrades, emerging industries and early-stage investment in future industries.

2026-08-18

The Export-Import Bank of China said it extended nearly 500 billion yuan of new manufacturing loans in Jan–Jul, increasing resource tilt to support high-quality manufacturing and build a modern industrial system led by advanced manufacturing. Loans to advanced manufacturing totaled about 200 billion yuan, roughly 40% of the total; remaining new lending focused on traditional industry upgrades, emerging industries and early-stage investment in future industries.

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2026-08-18

BHP said underlying profit for the year to June rose 30% to $13.2bn, beating analysts, as higher commodity prices—notably record-high copper—lifted earnings. Copper revenue exceeded iron ore revenue for the first time. The group declared a final dividend of $0.99 per share, implying a 72% payout ratio. BHP projects global copper demand will rise from about 34 mln tonnes today to 50 mln t by 2050, but said copper output at its Chile operations is falling due to grade decline and ageing mines, for

2026-08-18

Iran central bank governor Hemmati met Iraq’s prime minister in Baghdad on Monday. Tasnim News Agency, citing the Iran‑Iraq Joint Chamber chairman, said talks covered Iran’s claims on Iraq — about $12 bln — and ways to facilitate use of Iranian foreign‑exchange funds currently held in Iraq. The reported $12 bln figure may fluctuate with trade and payments. Excluding energy, bilateral trade has risen roughly 15% YTD and could expand toward about $20 bln given current potential.