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IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
President Donald Trump signed legislation that would bar Chinese companies from being listed on any US stock exchanges unless they adhere to American auditing standards.
“The Holding Foreign Companies Accountable Act” requires foreign companies to comply with the US Public Accounting Oversight Board’s audits for three years in a row.
The act also requires disclosure of ownership or control by a foreign government.
The legislation applies to companies from any country although the bill's sponsors targetted Chinese companies listed in the US, such as Alibaba, Pinduoduo Inc, and PetroChina Co Ltd.
China has dismissed the measure as discriminatory and politically oppressive to Chinese firms.
Chinese authorities have cited national security concerns in their reluctance to let overseas regulators inspect local accounting firms.
The legislation had passed Congress by large margins earlier this year, with Democrat and Republican lawmakers echoing Trump's hard line against China.
