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Australia's preliminary S&P Global Composite PMI for September was 50.8, compared to 52.7 in the previous month.

2026-09-23

Australia's preliminary S&P Global Composite PMI for September was 50.8, compared to 52.7 in the previous month.

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2026-09-22

Baotou Steel Co., Ltd. secured a trial order to supply hot‑rolled feedstock for Hi‑B oriented (grain‑oriented) silicon steel after technical discussions. The order puts Baotou into the supply chain of a domestic high‑end electromagnetic‑materials mak

Baotou Steel Co., Ltd. secured a trial order to supply hot‑rolled feedstock for Hi‑B oriented (grain‑oriented) silicon steel after technical discussions. The order puts Baotou into the supply chain of a domestic high‑end electromagnetic‑materials maker and represents a breakthrough in its high‑end oriented silicon‑steel raw‑material supply.
2026-09-22

1. The People's Bank of China (PBOC) held a symposium with foreign financial institutions, emphasizing the steady expansion of two-way opening of the financial market. 2. Federal Reserve's Mohammed bin Salman stated that further interest rate hikes

1. The People's Bank of China (PBOC) held a symposium with foreign financial institutions, emphasizing the steady expansion of two-way opening of the financial market. 2. Federal Reserve's Mohammed bin Salman stated that further interest rate hikes may be needed to curb inflation. 3. Panda bonds issued in the first eight months totaled over 200 billion yuan. 4. The PBOC reported that the average daily turnover of bond repurchase agreements in August was 6.5 trillion yuan, a year-on-year decrease of 14.8%. 5. The PBOC announced that in August 2026, net financing of government bonds was 1.00973 trillion yuan, a year-on-year decrease of 357.46 billion yuan. 6. Fifteen amortized cost bond funds are poised for launch, with the first batch potentially bringing over 100 billion yuan in incremental allocation to the bond market. 7. The stabilization and rebound in the equity market has led to a recovery in convertible bond valuations, with the number of cases of downward revisions increasing to 29 in the second half of the year. 8. Zhejiang Province issued 30.21 billion yuan in special government bonds, covering 380 projects including land reserves. 9. The availability of pension wealth management products for ordinary funds may expand, with many institutions launching new products. 10. LSEG data shows that the spread of French 5-year credit default swaps (CDS) has exceeded 45 basis points. 11. South Korea's National Pension Service is reportedly seeking permission to invest in Indian government bonds, managing assets exceeding $1.3 trillion. 12. Following Fitch's upgrade of Sri Lanka's sovereign credit rating from CCC+ to B-, Sri Lankan international government bonds surged by up to 1.9 cents per US dollar.
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