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Market news: Namibia's gasoline and diesel prices will be reduced on July 3.

2026-07-01

Market news: Namibia's gasoline and diesel prices will be reduced on July 3.

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2026-07-01

CITIC Securities says the PBOC carried out an overnight reverse repo for the first time. The firm argues the move is more about policy stance than scale: the 7-day reverse repo retains its status as the policy rate, while the central bank appears int

CITIC Securities says the PBOC carried out an overnight reverse repo for the first time. The firm argues the move is more about policy stance than scale: the 7-day reverse repo retains its status as the policy rate, while the central bank appears intent on preserving loose liquidity and stable expectations around the half-year turn. The new overnight tool is intended to bridge a tenor mismatch between the 7-day policy rate and an overnight-dominated market, and its same-day maturity/no-balance feature gives the PBOC flexibility to smooth liquidity peaks and troughs at period-ends. Whether the tool is temporary or becomes a new policy-rate anchor will depend on future operation frequency and whether rates are disclosed; this operation announced size only, not a rate. Overall the action signals clear easing intent, but its market impact lies chiefly in policy stance rather than a change in benchmark rates.
2026-07-01

Volkswagen Anhui delivered 2,423 vehicles in June, up 120% YoY, the Volkswagen Smart Electric Vehicle Center said.

Volkswagen Anhui delivered 2,423 vehicles in June, up 120% YoY, the Volkswagen Smart Electric Vehicle Center said.
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