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A-share chemical pharmaceutical stocks saw a short-term surge, with Guang Sheng Tang rising over 15%, Hisun Pharmaceutical hitting the daily limit, and Betta Pharmaceuticals and Jinshi Pharmaceuticals also rising.

2026-06-29

A-share chemical pharmaceutical stocks saw a short-term surge, with Guang Sheng Tang rising over 15%, Hisun Pharmaceutical hitting the daily limit, and Betta Pharmaceuticals and Jinshi Pharmaceuticals also rising.

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2026-06-29

Bank of England chief economist Peel: Brexit makes the UK more susceptible to self-sustaining inflation.

Bank of England chief economist Peel: Brexit makes the UK more susceptible to self-sustaining inflation.
2026-06-29

The Bank for International Settlements said in a report on June 28 that a "historic closure" of the Strait of Hormuz triggered an energy and broader commodity supply crisis, posing a fresh threat to the global outlook. While geopolitical tensions hav

The Bank for International Settlements said in a report on June 28 that a "historic closure" of the Strait of Hormuz triggered an energy and broader commodity supply crisis, posing a fresh threat to the global outlook. While geopolitical tensions have eased and oil prices have fallen sharply, the BIS warned the shock's effects may persist. The report said early-year resilience was supported by AI-driven optimism and stronger-than-expected global trade, but cautioned that AI-related optimism may not be durable. If supply bottlenecks continue to constrain production, the recent surge in capital expenditure may be difficult to sustain.
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