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Bank of Japan Deputy Governor HIMINO said wages, including at small firms, are rising and some companies expect wage growth this year to exceed last year’s.

2026-06-19

Bank of Japan Deputy Governor HIMINO said wages, including at small firms, are rising and some companies expect wage growth this year to exceed last year’s.

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2026-06-19

Guangdong issued an implementation plan to expand and upgrade its services sector, directing officials to deepen contacts with Global 500 and China top-100 supply‑chain companies. The plan targets core provincial industries—autos, energy & chemicals,

Guangdong issued an implementation plan to expand and upgrade its services sector, directing officials to deepen contacts with Global 500 and China top-100 supply‑chain companies. The plan targets core provincial industries—autos, energy & chemicals, nonferrous metals, electronic information, building materials and pharmaceuticals—and emerging sectors including integrated circuits, new energy storage and offshore wind, with a focus on attracting headquarters and key projects to plug supply‑chain gaps. It calls for a cultivation and service mechanism for wholesale and supply‑chain backbone firms, assistance on market access, financing and business environment issues, and support for firm scale‑ups. Leveraging Guangzhou and Shenzhen national logistics hubs and provincewide sea‑air port intermodal links, Guangdong will upgrade public information platforms for bulk commodities and integrate traditional wholesale with cross‑border e‑commerce, overseas warehouses and market procurement to create an online‑offline, domestic‑foreign coordinated distribution system. The plan strengthens supply‑chain finance-promoting warehouse‑receipt pledges, order financing and factoring—and encouragement data‑enabled credit enhancement to widen funding channels and cultivate more 10 bln yuan‑level supply‑chain backbone enterprises. It also accelerates digital transformation of traditional wholesale markets to establish provincial digital benchmark markets.
2026-06-19

Market news: Iran's Persian Gulf Straits Authority has issued new regulations for vessels applying to pass through the Strait of Hormuz. The authority warned that applications submitted through unofficial channels will not be accepted.

Market news: Iran's Persian Gulf Straits Authority has issued new regulations for vessels applying to pass through the Strait of Hormuz. The authority warned that applications submitted through unofficial channels will not be accepted.
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