
Hong Kong Unveils First Five-Year Plan to Boost Finance, Tech and Housing
Sep 16, 2026 05:07 am UTC| Economy
Hong Kong Chief Executive John Lee unveiled the citys first five-year development plan on Wednesday, outlining measures to strengthen its status as a global financial hub, improve residents livelihoods and deepen...

Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist
Sep 16, 2026 04:54 am UTC| Economy
Oil prices declined on Wednesday after industry data showed an unexpected increase in U.S. crude inventories, offsetting concerns over worsening Middle East supply disruptions and Saudi Arabias suspension of loadings at a...

Gold Prices Slip as Fed Rate Hike Looms, Treasury Yields Rise
Sep 16, 2026 04:52 am UTC| Economy
Gold prices edged lower on Wednesday as rising U.S. Treasury yields, elevated oil prices and expectations of a Federal Reserve interest rate hike weighed on precious metals. Spot gold fell 0.3% to $4,281.93 an ounce at...

Asian Stocks Rise as Investors Brace for Fed Rate Decision
Sep 16, 2026 04:49 am UTC| Economy
Asian stocks moved higher on Wednesday as investors cautiously positioned ahead of the Federal Reserves interest-rate decision, with gains in Japan and South Korea helping regional markets rebound from recent weakness. The...

China’s Slower Loan Growth Becomes ‘New Normal’ as Credit Demand Weakens
Sep 16, 2026 04:46 am UTC| Economy
Chinas slowing loan growth is likely to become a lasting feature of its economy as weakness in the property sector and local government financing reduces demand for credit, Peoples Bank of China Governor Pan Gongsheng...

US Stock Futures Rise as Markets Brace for Fed Rate Hike
Sep 16, 2026 04:43 am UTC| Economy
U.S. stock futures edged higher Tuesday evening as investors remained cautious ahead of the Federal Reserves highly anticipated interest rate decision. Elevated oil prices, Middle East tensions and rising Treasury yields...

German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise
Sep 15, 2026 08:42 am UTC| Economy
German short-term borrowing costs climbed sharply on Tuesday as investors increased bets that major central banks will keep monetary policy restrictive to combat energy-driven inflation. Germanys policy-sensitive two-year...