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The head of business at Iran's National Petroleum Products Distribution Company stated that, starting tonight, fuel sales service fees for gas station operators nationwide have been temporarily increased by 40%. The official stated that the service f

2026-09-23

The head of business at Iran's National Petroleum Products Distribution Company stated that, starting tonight, fuel sales service fees for gas station operators nationwide have been temporarily increased by 40%. The official stated that the service fee for gasoline has been raised to 900 tomans per liter, and the service fee for diesel has been raised to 530 tomans per liter.

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2026-09-22

Southbound funds net bought CNY 12.691 billion today. Via Shanghai–Hong Kong Stock Connect, Tracker Fund (TraHK) and Alibaba were net bought HKD 2.677 billion and HKD 732 million respectively; Tencent was the largest net sell at HKD 2.238 billion. Vi

Southbound funds net bought CNY 12.691 billion today. Via Shanghai–Hong Kong Stock Connect, Tracker Fund (TraHK) and Alibaba were net bought HKD 2.677 billion and HKD 732 million respectively; Tencent was the largest net sell at HKD 2.238 billion. Via Shenzhen–Hong Kong Stock Connect, Tencent and Zhipu were net bought HKD 2.083 billion and HKD 387 million respectively; CNOOC was the largest net sell at HKD 454 million.
2026-09-23

Fed official Barkin warned inf shocks may take time to fade and said there is a risk that inflationary pressures remain elevated and become entrenched. He said last week’s rate hike should help slow inf but did not signal whether further tightening i

Fed official Barkin warned inf shocks may take time to fade and said there is a risk that inflationary pressures remain elevated and become entrenched. He said last week’s rate hike should help slow inf but did not signal whether further tightening is required; the timing and extent of any additional hikes remain uncertain. Barkin emphasized supply shocks are no longer purely transitory and are exerting persistent price pressure. He outlined two scenarios: one in which recent shocks dissipate and price pressures cool quickly, and another in which pressures persist or new cost shocks emerge, with stronger demand potentially feeding through to prices. He added consumer spending may hit limits, investment growth could slow and employment may become more volatile as these dynamics play out. Barkin reaffirmed the Fed’s commitment to return inf sustainably to a 2% target.
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