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News about policymaking in the world’s major central banks with a focus on the People’s Bank of China, the Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan and the Reserve Bank of Australia.
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China economy
Editorial
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Amid rivalry with US, silver can be seen as China’s new industrial leverage
Beijing’s export controls are simply about following the logic of the market and geopolitics in the interest of the nation.
7 Jan 2026 - 7:15AM
Banking & finance
US dollar, gold rise after Maduro abduction as investors seek safe havens
6 Jan 2026 - 6:33PM
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Fintech
Digital finance in 2026: what to expect as pilots move into real-world adoption
5 Jan 2026 - 7:30AM
International Monetary Fund (IMF)
Argentina targets US dollars hoarded under mattresses, eases tax evasion rules
The country wants Argentines to bank their dollars amid high inflation, with estimates of ‘mattress dollars’ totalling US$251 billion.
3 Jan 2026 - 9:17AM
European Union
Opinion
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Can Europe survive its crippling paralysis?
The brutal reality is that the European Union is failing to get its squabbling nations to work as a coherent group.
3 Jan 2026 - 5:30AM
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Interest rates
Hong Kong interbank rates forecast to drop on expected 2026 US monetary easing
Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.
2 Jan 2026 - 7:00AM
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Banking & finance
How China is upgrading its digital yuan for the stablecoin era
Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally different system.
31 Dec 2025 - 11:10AM
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US Federal Reserve
Trump says preferred Fed pick is ready, again teases firing Powell
US president urges Jerome Powell to resign as he considers a ‘gross incompetence’ lawsuit against the Fed leader.
30 Dec 2025 - 4:38PM
Iran
Iran’s president urges dialogue as currency plunge sparks protests
Anger over Iran’s worsening economic situation pushes people onto the streets in Tehran and other cities.
30 Dec 2025 - 4:19PM
China trade
China has logged a US$1 trillion trade surplus. Where is all that money going?
Trade surplus growth has not been matched in foreign exchange reserves – a gap analysts said can be explained by private sector outflows.
29 Dec 2025 - 9:00PM
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Banking & finance
Opinion
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To harness crypto ingenuity, financial threat must first be neutralised
Future of money must be shaped by competition between private ingenuity and public purpose, not by rent seeking and speculative bubbles.
26 Dec 2025 - 8:30PM
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Yuan
China’s offshore yuan breaks major benchmark as appreciation momentum builds
For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.
29 Dec 2025 - 12:25PM
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Gold in Hong Kong
Golden era: prices surge as rally on track for US$5,000 in 2026, analysts say
Rate cuts, geopolitical tensions and central banks’ buying spree push gold prices up by 72 per cent in 2025 – the biggest annual jump ever.
25 Dec 2025 - 9:30AM
Yuan
China expands digital-yuan push to Singapore and Asean trade routes
PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network.
24 Dec 2025 - 7:30PM
Banking & finance
China to hide bad debt records for pandemic-hit borrowers who repay small loans
New policy by the People’s Bank of China applies to one-off debts up to 10,000 yuan incurred since 2020, aiming to help people rebuild credit.
22 Dec 2025 - 9:00PM
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Japan
Will Japan’s young embrace 50-year loans amid rising housing prices?
Opting for 50-year loans lowers monthly costs, but the long-term risks are mounting.
20 Dec 2025 - 9:25PM
Japan
Bank of Japan’s historic rate increase signals new era for economy
Bank of Japan lifts rates to 0.75 per cent – a 30-year high – ending zero-interest era, paving the way for further increases amid rising inflation.
19 Dec 2025 - 4:52PM
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Banking & finance
Macroscope
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As global spending needs grow and debt rises, business as usual won’t suffice
The increase in government debt means that nations must look elsewhere for funds required to meet socioeconomic needs.
13 Dec 2025 - 9:59PM
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India
Rupee slump ‘a little relief’ for Indian exporters amid US trade talks
The lower rupee is helping Indian industries that have been absorbing tariff losses in the hopes of a US-India trade deal, analysts say.
11 Dec 2025 - 6:24PM
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Banking & finance
Six major Hong Kong banks keep prime rates unchanged despite HKMA base rate cut
Savings rates near zero limit room for cuts as lenders protect profitability margins, analysts say.
11 Dec 2025 - 5:55PM
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United States
US Fed delivers quarter-point rate cut as policymakers weigh inflation outlook
Move falls short of Trump’s demands as debate over Fed independence intensifies and markets brace for global spillover effects.
11 Dec 2025 - 4:34AM
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China jobs
Open Questions
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Economist Huang Yiping on why China’s AI push must be ‘job-oriented’
Dean of Peking University’s National School of Development says ‘balance’ needed in AI development to protect employment, ‘human well-being’.
8 Dec 2025 - 10:07AM
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Banking & finance
Macroscope
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Inflated asset prices show markets don’t always know best
With hyperinflated sectors across multiple asset markets, the next crash could be so severe that it prompts a restructuring of global finance.
6 Dec 2025 - 4:30PM
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China trade
‘Strong breakwaters’: China’s central bank vows to shield from external shocks
Governor Pan Gongsheng says policy must prioritise the domestic economy, warning against ‘excessive policy swings’ that could undermine long-term stability.
4 Dec 2025 - 8:00PM
Banking & finance
Will Russia’s gold sale prompt a retreat? Hedge fund manager spurs debate
While a Chinese hedge fund manager has claimed gold’s ‘best days’ are over, analysts argue Moscow’s move does not reflect the overall picture.
1 Dec 2025 - 6:30PM
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Bonds
China’s currency push gains ground as Russia nears issuance of yuan bond
Foreign governments have raised a record 13 billion yuan (US$1.8 billion) via yuan bonds this year, Bloomberg-compiled data shows.
1 Dec 2025 - 4:41PM
Banking & finance
Gold prices could hit record highs of over US$4,900 next year: forecasts
Several banks project gold prices could rise above US$4,900 per ounce in 2026, with US rate cuts and central bank buys keeping demand strong.
28 Nov 2025 - 3:21PM
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Mainland China
Gold fever in China
Prices for the precious metal have hit record highs spurred by Chinese retail investors and central bank purchases.
28 Nov 2025 - 11:07AM
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