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Central banks
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Central banks
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 trade
Hungary’s PM-elect Magyar sends warm overture to China, vows fair play for firms
Peter Magyar pledges reforms to restore transparency and fiscal stability as Hungary shifts from Viktor Orban’s investment model.
14 Apr 2026 - 12:37AM
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Yuan
Yuan’s ‘golden window’ is open, former PBOC governor says as US dollar ebbs
13 Apr 2026 - 2:59PM
Banking & finance
Calls grow for HKMA to go further on stablecoins after conservative first batch
3 hours ago
Pakistan
UAE pulls US$3.5 billion from Pakistan after Iran war mediation
As Abu Dhabi signals its displeasure with Islamabad, analysts say other indebted partners will be watching closely.
11 Apr 2026 - 12:18PM
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Banking & finance
Data errors push Xin Hua Fund into spotlight after rare central bank warning
The incident marks an unusual intervention by the People’s Bank of China, which typically leaves oversight of mutual funds to the securities regulator.
9 Apr 2026 - 5:45PM
Banking & finance
As France pulls gold from the US, how can China become the next global gold hub?
Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks.
8 Apr 2026 - 8:00PM
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Hong Kong economy
Letters
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Hong Kong is not competing with US stablecoins or the digital renminbi
Readers discuss the city’s stablecoin ambitions, the use of e-payments, and the role eHealth could play in stroke prevention.
7 Apr 2026 - 11:30AM
Yuan
China’s yuan may be going global faster than Western data suggests, analysts say
Many yuan transactions are now routed through China’s own global payment system, which often does not show up in traditional data sets, analysts say.
6 Apr 2026 - 11:00PM
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Commodities
Gold may reverse course once Iran war ends, Fed adopts policy easing
Gold has been on a wild ride this year, surging as much as 25 per cent before the war in Iran wiped out almost all the gains.
6 Apr 2026 - 11:00AM
US, Israel war on Iran
Macroscope
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Why dollar and gold prices are looking abnormal amid Iran war
Two apparent anomalies stand out in recent market movements – the rising dollar and falling gold prices.
4 Apr 2026 - 5:25PM
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European Central Bank
Macroscope
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Asian central banks largely powerless in face of Iran war energy shock
Central banks cannot pump oil into the global economy in the same way they can flood the financial system with liquidity.
2 Apr 2026 - 4:30PM
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China inflation
China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser
As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.
31 Mar 2026 - 9:00PM
Hong Kong economy
Should Hong Kong be using ‘war chest’ firepower for Northern Metropolis?
Rare HK$150 billion transfer from the Exchange Fund has sparked fierce debate.
27 Mar 2026 - 9:08AM
Banking & finance
Open Dialogue
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Gary Liu and Liu Xiaochun on the US and China’s divergent paths for stablecoins
As investors await Hong Kong’s first stablecoin licences, two experts discuss the assets’ integration with the city’s economy – and the world’s.
25 Mar 2026 - 10:02AM
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Asia housing and property
The View
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War-induced interest rate shocks unlikely to upset Asia’s property markets
While monetary tightening would add to affordability pressures, it would have little bearing on the forces driving up prices and rents.
23 Mar 2026 - 4:30PM
US, Israel war on Iran
Iran war delivers new stress to African economies emerging from older shocks
Afreximbank is implementing measures to give financial help to African countries dependent on fuel imports, bank president says.
23 Mar 2026 - 5:17PM
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Hong Kong stock market
Markets brace for rate hikes as prolonged Iran war stokes tightening fears
The European Central Bank has become more hawkish, reverting to wording that analysts say often precedes interest-rate increases.
23 Mar 2026 - 9:46PM
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US, Israel war on Iran
Starmer calls emergency meeting on Iran war’s economic impact on UK
Stretched public finances and dependence on imported gas leave Britain exposed to the energy war in the Middle East.
23 Mar 2026 - 11:19AM
Commodities
Gold slides as hawkish Fed and strong US dollar override geopolitical fears
Market watchers point to fading hopes of interest rate cuts and oil-driven inflation concerns as key drivers of the decline.
22 Mar 2026 - 5:01PM
China trade
International capital flowing to China as investors seek certainty amid Iran war
Conflict in the Middle East and growing global turbulence following US-Israeli strikes against Iran has seen foreign investors look to China.
22 Mar 2026 - 4:24PM
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US-China relations
US-China split on digital money deepens as stablecoin debate stalls Clarity Act
Crypto push for yield clashes with banks, slowing US legislation as China advances interest-bearing e-CNY on a different path.
20 Mar 2026 - 1:22AM
Banking & finance
China’s central bank pledges stability in capital markets amid global sell-off
With worries over the Iran war driving down stock prices, the People’s Bank of China has named market stability as a ‘major task’ in 2026.
19 Mar 2026 - 9:30PM
Banking & finance
How China opened the door to creating a direct rival to US payment systems
Beijing has removed several key restrictions on its payment system, allowing it to expand beyond yuan settlements, economist says.
19 Mar 2026 - 10:00AM
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Hong Kong Monetary Authority (HKMA)
HKMA warns of interest rate uncertainty amid Middle East conflict
HKMA leaves city’s base rate untouched at 4 per cent, as HSBC, Standard Chartered and BOCHK keep prime lending and saving rates unchanged.
19 Mar 2026 - 5:19PM
United States
US Fed defies Trump to keep interest rates unchanged amid Iran war concerns
Spiking oil prices could fuel inflation and curb growth, even as the US president repeatedly calls for rate cuts.
19 Mar 2026 - 2:52AM
Stocks
South Korea and Japan bear brunt of global stock sell-offs amid oil shock
South Korea and Japan lead global market declines – with losses steeper than in Europe – as oil shock underscores their reliance on imports.
17 Mar 2026 - 7:30AM
United States
Trump administration urges judge to revisit ruling blocking Powell subpoenas
A federal judge had ruled on Friday that a DOJ investigation into Powell was intended to pressure the Fed chairman to lower interest rates.
17 Mar 2026 - 3:13AM
United States
Judge quashes subpoenas of Fed chair, says probe was ‘politically motivated’
A ‘mountain of evidence’ suggests the subpoenas were to pressure Jerome Powell to obey Trump’s demands to cut interest rates, the judge says.
14 Mar 2026 - 4:17AM
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