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The phasing out of car purchase subsidies in 2026 weighed on consumers, who are also contending with a worsening job market and falling property values.

China’s consumption falters, investment slump deepens despite factory rebound

2026-09-15T06:59:02.000Z
UPDATED 7 hours ago
Trump said on Truth Social that China would benefit from the doubt being cast on AI development.

The only guardrail AI needs is a ‘high IQ’ president, Trump says, dismissing calls for more safeguards

2026-09-15T01:09:31.000Z
The Treasury market has ballooned to about US$32 trillion from around US$4.5 trillion since 2007, pushing the federal debt to more than 100% of US GDP.

US 10-year Treasury yield tops 5% for first time since 2023 as inflation fears mount

2026-09-15T00:04:15.000Z
A JPMorgan note to investors says the bank’s new “GBI-EM Edge” benchmark will cover bonds from 26 countries

JPMorgan to launch long-awaited 'frontier' local currency debt index

2026-09-14T13:37:59.000Z
Fed chairman Kevin Warsh (left) was chosen by US President Donald Trump because Warsh convinced the president that he would take a very different approach.
NEWS ANALYSIS

Fed’s Warsh poised to pull trigger and raise rates for the first time under his watch

2026-09-14T09:46:52.000Z
Iranian President Masoud Pezeshkian (left) and Russian President Vladimir Putin (R) at the Brics summit in News Delhi on Sep 11.
NEWS ANALYSIS

Beyond hugs and goodwill, leaders of Russia and Iran return home from Brics empty-handed

2026-09-14T03:38:13.000Z
At least 500 companies are planning to launch IPOs in Hong Kong, data shows, and that does not even include firms that have filed confidentially.

Hong Kong watchdog briefs banks on handling raids as IPO scrutiny intensifies: sources

2026-09-14T01:01:11.000Z
Oil surged 8% higher in the week ended Sep 13 due to the disruptions, rising above US$100 for the first time since July.

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

2026-09-14T00:39:25.000Z
Chinese President Xi Jinping on Sep 12 welcomed Brics nations to join a new group of nearly 30 countries set up by Beijing and called the World AI Cooperation Organization.

Xi pitches China-led open-source AI ecosystem at Brics summit amid US rivalry

2026-09-14T00:25:19.000Z
Satellite images showed black smoke rising from an area near the East-West oil pipeline in Saudi Arabia on Sep 11.

Oil supply fears mount after reported Hormuz ship attack and closure of vital Saudi pipeline

2026-09-13T08:34:20.000Z

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