Swiss National Bank Chairman SCHLEGEL said the SNB has achieved its price-stability objective so far this century.

Henan rolled out consumption-support measures targeting the housing market. The package speeds urban old-district renovations and permits eligible elevator and accessibility retrofits without counting added volume toward planning floor area or requiring planning permission, provided public safety is ensured and building main structures are unchanged—aimed at cutting renovation costs. The province broadens housing provident fund (HPF) use from home purchase and rent to include repairs and maintenance, trims HPF loan approval timelines to 10 days from 15, and advances cross-city coordination to enable province‑wide HPF mutual recognition and mutual lending to ease out-of-area use.

Arm (ARM.O) said purchase orders for its Arm AGI CPU are booked through calendar 2027, and first commercial deliveries are expected in the fourth fiscal quarter.