CME Group said it completed the first trade in its U.S. zinc futures contract.

IMF Managing Director Georgieva said the IMF is concerned about mounting fiscal pressures as bond yields rise and disinflation stalls.

Three-year term deposits now offer almost no yield advantage over one-year as deposit rates slide, narrowing the long-versus-short rate gap at large state-owned banks. Relationship managers across Beijing branches are increasingly marketing participating whole-life and participating annuity products. Sushang Bank researcher Xue Hongyan says the shift from time deposits to bancassurance is reshaping bank liabilities and household savings. Diverting long-term deposits can lower high-cost funding and support net interest margins, but continued migration would erode core stable deposits, heighten liquidity management pressure and strain asset‑liability maturity matching. Household liquidity falls as funds move into long-duration insurance contracts, creating an implicit risk of certificates being converted into policies.