At its Oct. 8, 2026 interim results briefing, China's Huate Gas said ongoing R&D has expanded its import-substitute product count from 22 at listing to 57, widening its domestic product matrix. The company said it remains focused on multi-product development for mature process applications while pushing R&D on advanced-process products to "complete mature categories and achieve breakthroughs in high-end categories," aiming to differentiate from peers and consolidate market position. Huate will p

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Reserve Bank of India raised the repo rate 25bps to 5.50% — its first hike in four years — and shifted policy stance from "neutral" to "calibrated tightening". Governor Sanjay Malhotra said this signals entry into a "relatively mild" tightening cycle. The Indian rupee slid as much as 0.4% to 96.85 per US dollar on Wednesday, the worst-performing Asian currency that day and approaching May’s record low of 96.9650; traders said the 25bp hike and the absence of more aggressive liquidity tightening were insufficiently hawkish to offset pressure from higher oil prices and rising US interest rates.