BANK OF ENGLAND deputy governor BREEDEN said firms are absorbing energy-price shocks and cutting costs rather than passing them to consumers, and she is cautious about the necessity of further rate hikes. Two other BANK OF ENGLAND officials appear inclined to support tightening. BREEDEN noted a soft labour market is keeping wage growth subdued, and Thursday’s GDP unexpectedly came in strong, reflecting private-sector resilience.

Oct 15 — At its half-year results meeting Xinjieneng said China’s power semiconductor industry is undergoing a structural shift driven by AI compute and new-energy demand and is entering a new cycle of simultaneous volume and price gains. Inventories are being rebalanced and the sector is moving into a higher‑quality recovery. Demand is concentrated in AI compute infrastructure and new-energy vehicles. Domestic suppliers are winning share on cost‑effectiveness, faster response and local service; customers are actively adopting local solutions and scaling volumes, accelerating domestic substitution. Xinjieneng is expanding foundry/outsourced capacity and ramping its in‑house packaging plant to secure deliveries while improving profitability.

阿联酋央行行长预计2027年国内生产总值将增长10%。