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The US dollar rose 0.50% against the Japanese yen (USD/JPY) on the day, currently trading at 162.17.
2026-07-06
The US dollar rose 0.50% against the Japanese yen (USD/JPY) on the day, currently trading at 162.17.
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2026-07-06
Sources say Hong Kong’s Mandatory Provident Fund (MPF) system will be permitted to invest in more gold ETFs as part of the Hong Kong government’s plan to build a regional gold trading centre. The MPFA is expected to amend gold ETF investment rules la
Sources say Hong Kong’s Mandatory Provident Fund (MPF) system will be permitted to invest in more gold ETFs as part of the Hong Kong government’s plan to build a regional gold trading centre. The MPFA is expected to amend gold ETF investment rules later this week. MPFA-regulated MPF assets were about HKD1.53 tln (USD195bn) at end-March. Currently the MPFA approves gold ETFs on a case-by-case basis; the proposed change would make ETFs that meet prescribed standards automatically eligible, removing the need for individual approvals. The move is intended to expand choices for roughly 4.8 million MPF members. Risk controls would remain: gold ETFs would be barred from using derivative leverage and the MPF allocation cap to gold ETFs would stay at 10%.
2026-07-06
Henan provincial government issued measures to boost high-quality private investment, supporting private firms to undertake provincial key R&D projects and to pursue core technologies in data security and data-fusion applications. The plan urges priv
Henan provincial government issued measures to boost high-quality private investment, supporting private firms to undertake provincial key R&D projects and to pursue core technologies in data security and data-fusion applications. The plan urges private companies in key industrial chains and at critical nodes to build industry, specialist and collaborative industrial-internet platforms and identifier-resolution secondary nodes, and to integrate platforms and nodes to drive upstream‑to‑downstream chain digital transformation. It also supports construction of comprehensive digital‑intelligence enabling platforms in priority areas, digitalization of industrial parks, and city pilot programs to advance SME digital upgrades.
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