ICBC said it will implement a joint Ministry of Finance, PBOC and financial regulator notice to refine fiscal interest-subsidy support for personal consumption lending, effective Aug 1, 2026. The bank will expand subsidy coverage to newly originated credit-card installment products — including special installments, consumption installments and cash-advance installments — and raise the cumulative annual subsidy cap per borrower on personal consumption loans and credit-card installments from 3,000

The U.S. Supreme Court on Friday issued a temporary administrative stay of lower-court injunctions, allowing President Trump to continue construction of an approximately 90,000 sq ft White House banquet hall while justices consider his emergency appeal. Without the stay the lower-court bans would have taken effect Saturday. Two lower courts had ruled Trump’s demolition of the White House East Wing and the start of construction exceeded presidential authority; the demolition occurred last fall and the project began without congressional approval. Trump has said the project is necessary for national security.

Oppenheimer raises MARVELL (MRVL.O) price target to $300 from $250.