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Bank of Russia outlines financial market priorities for 2027-2029

The Bank of Russia has submitted a draft outlining financial market development priorities for 2027-2029 to the president and government. The plan focuses on capital markets, market confidence, investor and consumer protection, digital and payment infrastructure, foreign-trade settlements and systemic-risk mitigation.

Macro & central banksMarketsBank of Russiafinancial marketscapital marketsfinancial stability

TTASSOriginal★★★☆☆2026-09-14 15:45

Bank of Russia outlines financial market priorities for 2027-2029

Russia’s current account surplus rises to $33.9 bln in January-July — Central Bank

Russia’s current account surplus reached $33.9 billion in January-July 2026, up from $21.5 billion a year earlier, according to preliminary Central Bank estimates. July’s surplus rose to $1.7 billion from $1 billion, as goods exports grew faster than imports. The trade surplus also increased to $79 billion, supported by higher commodity prices.

Macro & central banksTrade & sanctionsRussiacurrent accounttrade surplus

TTASSOriginal★★★☆☆2026-09-14 15:08

Russia’s current account surplus rises to $33.9 bln in January-July — Central Bank

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

JPMorgan plans to introduce its long-awaited frontier-market local-currency government bond index by the end of September. The new benchmark will cover nearly $330 billion in debt across some of the world’s fastest-growing economies.

Macro & central banksMarketsBanking & financeJPMorganbond indexfrontier markets

RReutersOriginal★★☆☆☆2026-09-14 15:05

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

Fiscal pressure from Iran war clouds Gulf states’ US spending plans

A Peterson Institute for International Economics analysis says the economic strain caused by the US-Israel war on Iran could lead Saudi Arabia, Qatar and the UAE to favor domestic investment over nearly $4 trillion in US commitments announced under Donald Trump’s “America First” agenda. The conflict has increased pressure to spend on defence, energy infrastructure and trade while weakening the countries’ fiscal positions and economic prospects.

Macro & central banksMarketsGulf statesIran warUS investmentfiscal pressure

AAl JazeeraOriginal★★★★☆2026-09-14 14:34

Fiscal pressure from Iran war clouds Gulf states’ US spending plans
Fiscal pressure from Iran war clouds Gulf states’ US spending plans

Canada’s August inflation holds steady at 3% as crude prices stay firm

Canada’s annual inflation rate remained at 3% in August, unchanged from the previous month. Firm crude prices continued to affect gasoline costs, while food-price growth eased only moderately, according to data released Monday.

Macro & central banksEnergy & commoditiesCompanies & industryCanadainflationcrude prices

RReutersOriginal★★★☆☆2026-09-14 14:30

Canada’s August inflation holds steady at 3% as crude prices stay firm
Canada’s August inflation holds steady at 3% as crude prices stay firm

Key US borrowing-cost benchmark hits 5%, potentially raising home and car financing costs

A key benchmark for borrowing costs across the US economy has reached 5%, a move that could soon make buying a home or financing a car more expensive.

Macro & central banksMarketsCompanies & industryReal EstateUS economyborrowing costshousing finance

CCNNOriginal★★★☆☆2026-09-14 14:29

Key US borrowing-cost benchmark hits 5%, potentially raising home and car financing costs

Nigeria: What is the real motivation behind Dangote’s IPO ‘for the people’?

Aliko Dangote plans to raise about $1.6 billion through an IPO of Dangote Industries to help fund a $14.3 billion expansion that would double the refinery’s capacity to 1.4 million barrels per day. The offer is pitched as a way for millions of Nigerians to own a stake, but affordability remains in question despite a 525-naira price per share and a 10-share minimum.

MarketsEnergy & commoditiesDangote refineryIPONigeriaenergy

DDWOriginal★★★☆☆2026-09-14 14:12

Nigeria: What is the real motivation behind Dangote’s IPO ‘for the people’?
Nigeria: What is the real motivation behind Dangote’s IPO ‘for the people’?
  • Africa’s richest man targets $23bn from continent’s biggest-ever IPO
    Africa’s richest man targets $23bn from continent’s biggest-ever IPO

    Aliko Dangote’s Nigerian refinery business has launched what is described as Africa’s biggest-ever IPO. If fully subscribed, Dangote could add $23bn to his $35bn fortune, while the refinery’s valuation is expected to reach about 65.22tn naira. The offering is aimed at institutional and retail investors, particularly young Nigerians.

    IPODangote refineryNigeriaoil

    TThe Guardian★★★☆☆2026-09-14 12:38Original
  • Nigerian billionaire Dangote launches Africa's biggest refinery IPO
    Nigerian billionaire Dangote launches Africa's biggest refinery IPO

    Nigerian billionaire Aliko Dangote launched an initial public offering for his oil refinery on Monday, calling it Africa’s largest share sale to date. The IPO opens ownership of the plant to retail investors and raises funds for expansion.

    NigeriaAliko Dangoteoil refineryIPO

    RReuters★★★☆☆2026-09-14 11:15Original
  • Facts about Nigeria's Dangote oil refinery IPO
    Facts about Nigeria's Dangote oil refinery IPO

    Nigeria’s Dangote Group plans to sell 4.1 billion shares in its oil refinery, seeking to raise 2.15 trillion naira ($1.6 billion). The offering is expected to become Africa’s largest initial public offering to date.

    Dangote Groupoil refineryIPO

    RReuters★★★☆☆2026-09-14 08:40Original
  • How does Aliko Dangote's oil refinery fit into his conglomerate?
    How does Aliko Dangote's oil refinery fit into his conglomerate?

    Nigeria’s Dangote Group is offering the public a 3.3% stake in its 700,000-barrel-per-day oil refinery, in a transaction expected to be the largest of its kind in Africa.

    Dangote Groupoil refineryNigeria economy

    RReuters★★★☆☆2026-09-14 08:30Original
  • Africa’s richest man poised for $23 billion leap as refinery IPO opens

    Aliko Dangote, long Africa’s richest man, is poised for a $23 billion rise up the global wealth rankings as he launches an IPO for his refinery, in what would be the continent’s largest offering yet.

    Aliko DangoterefineryIPOwealth

    BBloomberg News★★★★☆2026-09-14 08:30Original

Tuesday’s US tax deadline brings another Bitcoin liquidity test

The September 15 US estimated-tax deadline will move cash into the Treasury’s account as the Federal Reserve begins its meeting. That could tighten dollar funding and curb risk-taking, though bill issuance, government spending and Fed liquidity tools may offset the pressure. Short-term funding spreads will indicate whether conditions tighten.

Macro & central banksCryptoBitcoinUS taxesliquidityFederal Reserve

CCryptoSlateOriginal★★☆☆☆2026-09-14 13:45

Tuesday’s US tax deadline brings another Bitcoin liquidity test
Tuesday’s US tax deadline brings another Bitcoin liquidity test

Biggest risk for sinking bond market is Fed standing pat

The global bond market is already in turmoil. A Federal Reserve rate hike this week could raise borrowing costs and slow the economy, but many investors caution that leaving rates unchanged may create bigger problems later.

Macro & central banksMarketsFederal Reserveglobal bond marketinterest ratesborrowing costs

RReutersOriginal★★★★☆2026-09-14 13:45

Biggest risk for sinking bond market is Fed standing pat
Biggest risk for sinking bond market is Fed standing pat
MAJOR

Why Saudi Arabia’s East-West pipeline matters for global oil

Saudi Arabia suspended its 1,200km East-West oil pipeline after drones struck it near Riyadh and Medina. Carrying about 4–5 million barrels per day to the Red Sea port of Yanbu, the route bypasses the disrupted Strait of Hormuz. Its closure could affect up to 5 percent of global oil supply, with repairs potentially taking days or five to six weeks.

Energy & commoditiesSaudi Arabiaoil supplyEast-West pipelinedrone attack

AAl JazeeraOriginal★★★★★2026-09-14 13:15

Why Saudi Arabia’s East-West pipeline matters for global oil
Why Saudi Arabia’s East-West pipeline matters for global oil
MAJOR
  • Asian refiners await word on Saudi shipments, expect tighter supply
    Asian refiners await word on Saudi shipments, expect tighter supply

    Asian refiners are preparing for a tighter supply of sour crude while waiting for Saudi Arabia to provide guidance on exports through the Red Sea following attacks on the East-West Pipeline, industry sources said on Monday.

    Saudi Arabiacrude oil supplyRed Seaenergy infrastructure

    RReuters★★★★☆2026-09-14 12:50Original
  • A spreading war threatens Trump and MBS

    A spreading war is threatening Donald Trump and Mohammed bin Salman as Saudi energy supplies are hit just as Europe and the US head into winter.

    Saudi Arabiaenergy supplieswarDonald Trump

    FFinancial Times★★★★☆2026-09-14 11:48Original
  • Saudi stocks extend losses as attacks on energy infrastructure unsettle investors
    Saudi stocks extend losses as attacks on energy infrastructure unsettle investors

    Saudi equities suffered another setback on Monday after the previous trading session’s steep losses. Investor confidence took a hit as attacks affecting the kingdom’s energy facilities and maritime routes intensified; several other major Gulf bourses, by contrast, recorded modest gains.

    Saudi stocksenergy infrastructureshipping routesGulf markets

    RReuters★★☆☆☆2026-09-14 11:10Original

Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test

New Federal Reserve data show U.S. domestic hedge funds expanded their gross balance sheets from $2.7857 trillion to $3.1859 trillion in the second quarter. A surprise in September’s rate decision or policy outlook could increase funding and collateral demands, forcing cash-raising in liquid markets. For now, the figures indicate potential amplification capacity, not an actual Bitcoin selloff.

Macro & central banksMarketsCryptoFederal Reservehedge fundsBitcoininterest rates

CCryptoSlateOriginal★★☆☆☆2026-09-14 13:05

Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test
Fed data shows hedge funds added $400 billion before Bitcoin’s September rate test

Leveraged funds rebuilt 1,669 BTC in Bitcoin futures shorts ahead of Fed

Leveraged funds increased their combined net short position across four regulated Bitcoin futures markets by 1,668 BTC in the week through Sept. 8, reaching 39,876 BTC. The positions may reflect outright bets, basis hedges or both, so the data does not prove traders were making an unhedged wager on a post-Fed Bitcoin decline.

Macro & central banksCryptoBitcoinfuturesleveraged fundsFederal Reserve

CCryptoSlateOriginal★★☆☆☆2026-09-14 11:45

Leveraged funds rebuilt 1,669 BTC in Bitcoin futures shorts ahead of Fed
Leveraged funds rebuilt 1,669 BTC in Bitcoin futures shorts ahead of Fed

Live updates: Bitcoin ekes out small gains as stocks fall on AI worries and oil surges

Bitcoin is managing a modest rise while stocks decline amid concern over artificial intelligence and oil prices surge. The Federal Reserve’s two-day policy meeting starts tomorrow, with nearly everyone expecting the U.S. central bank to raise its benchmark policy rate by 25 basis points.

Macro & central banksMarketsEnergy & commoditiesCryptoTech & AIBitcoinstocksartificial intelligenceFederal Reserveoil prices

CCoinDeskOriginal★★★☆☆2026-09-14 11:44

Live updates: Bitcoin ekes out small gains as stocks fall on AI worries and oil surges

China urges more FX hedging as strong yuan hits exporters, sources say

China’s foreign exchange regulator has told banks to encourage more corporate clients to hedge currency risks, according to people familiar with the matter, intensifying efforts to protect exporters from the yuan’s steady appreciation.

Macro & central banksMarketsTrade & sanctionsChina economyyuanexportersFX hedging

RReutersOriginal★★★☆☆2026-09-14 10:40

China urges more FX hedging as strong yuan hits exporters, sources say
China urges more FX hedging as strong yuan hits exporters, sources say

Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill

A Senate vote scheduled for Tuesday by Majority Leader John Thune, R-S.D., is being framed as a decisive moment for the Clarity Act crypto bill, with the cryptocurrency industry pressing for its passage.

CryptoCompanies & industryCryptocurrencyU.S. SenateClarity Act

CCNBCOriginal★★★☆☆2026-09-14 10:30

Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill
Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill
  • Bernstein sees more CLARITY Act progress than markets expected
    Bernstein sees more CLARITY Act progress than markets expected

    Bernstein analysts said progress on the CLARITY Act could exceed market expectations, arguing that any positive surprise is not yet priced in. They said crypto markets currently have a bearish bias ahead of Tuesday’s cloture vote and Wednesday’s Federal Reserve decision.

    CLARITY Actcrypto marketsSenate voteFederal Reserve

    TThe Block★★☆☆☆2026-09-14 09:36Original
  • Trump concession lifts CLARITY Act odds above 32% ahead of pivotal Senate vote
    Trump concession lifts CLARITY Act odds above 32% ahead of pivotal Senate vote

    Polymarket traders raised the chance that the CLARITY Act becomes law in 2026 above 32% after Senate Republicans released a 635-page compromise draft. The bill includes ethics restrictions for officials with major crypto interests, a stablecoin circuit breaker and narrowed developer protections. Senators are due to hold a 60-vote cloture test on Tuesday.

    crypto regulationU.S. SenateDonald Trumpfinancial ethics

    CCryptoSlate★★★☆☆2026-09-14 08:34Original

Bitcoin ETFs lose $463 million as Fed puts $75,000 support at risk

US spot Bitcoin ETFs recorded $462.7 million in weekly outflows, ending three weeks of heavy demand. With hotter inflation, rising Treasury yields and a Federal Reserve meeting ahead, sustained redemptions could weaken the buying pressure supporting Bitcoin and make $75,000 harder to defend. Evidence remains insufficient that ETF investors have abandoned the rally.

Macro & central banksMarketsCryptoBitcoinBitcoin ETFsFederal Reserveoutflows

CCryptoSlateOriginal★★☆☆☆2026-09-14 09:40

Bitcoin ETFs lose $463 million as Fed puts $75,000 support at risk
Bitcoin ETFs lose $463 million as Fed puts $75,000 support at risk

South Korean investors push for fourth crypto tax delay as regulators stand firm

A South Korean petition calling for a delay to the planned digital asset gains tax has reached the 50,000-signature threshold, prompting investors to seek a fourth postponement while regulators maintain their position.

Macro & central banksMarketsCryptoBanking & financeCompanies & industrySouth Koreacrypto taxdigital assetsregulation

TThe BlockOriginal★★☆☆☆2026-09-14 08:31

South Korean investors push for fourth crypto tax delay as regulators stand firm
South Korean investors push for fourth crypto tax delay as regulators stand firm

Creative economy’s share of Russia’s GDP to rise from 4.2% to 7.7% by 2036

Russia’s approved creative-industry development strategy targets an increase in the sector’s GDP contribution from 4.2% in 2025 to 7.7% by 2036. The government also aims to raise the number of companies and individual entrepreneurs in the sector by 22% from 2025. More than 4 million people currently work in it.

Macro & central banksRussiacreative economyeconomic strategy

TTASSOriginal★★★☆☆2026-09-14 08:25

Creative economy’s share of Russia’s GDP to rise from 4.2% to 7.7% by 2036

BOJ executive urges vigilance over ‘non-linear’ inflation spikes

A Bank of Japan official said in conference notes released Monday that Japan had experienced inflation spikes driven by higher import costs and currency shocks, indicating that such price reactions should be considered in monetary policy decisions.

Macro & central banksCompanies & industryBank of Japaninflationmonetary policy

RReutersOriginal★★☆☆☆2026-09-14 07:25

BOJ executive urges vigilance over ‘non-linear’ inflation spikes
BOJ executive urges vigilance over ‘non-linear’ inflation spikes

EconoScope | BRICS keeps getting bigger, more influential

Ethiopia once spent about $6 billion in foreign exchange each year on imported oil. Cooperation with Chinese companies on electric buses, heavy-duty trucks, oil-to-gas projects and technical training is helping the country use its hydropower resources and pursue greener industrial growth. The article argues that BRICS is becoming increasingly relevant to the Global South through expanding economic, infrastructure, digital and financial cooperation.

Macro & central banksTrade & sanctionsBRICSEthiopiaGlobal Southeconomic cooperation

CChina News ServiceOriginal★★★☆☆2026-09-14 07:11

EconoScope | BRICS keeps getting bigger, more influential
  • EconoScope | BRICS keeps getting bigger, more influential

    Ethiopia once spent about $6 billion a year in foreign exchange on imported oil. Cooperation with Chinese companies, including electric buses, heavy trucks, oil-to-gas projects and technical training, is helping it use hydropower and pursue greener industrial growth. The article says BRICS is giving the Global South more concrete tools for cooperation, financing and a larger role in global governance.

    BRICSEthiopiaGlobal SouthSouth-South cooperation

    CChina News Service★★★☆☆2026-09-14 07:11Original

Oil price surge revives prospect of Bank of England rate rise this year

The surge in oil prices has revived expectations that the Bank of England could raise interest rates this year. Investors expect the central bank to hold borrowing costs this week while signalling a possible increase later in the year.

Macro & central banksEnergy & commoditiesoil pricesBank of Englandinterest rates

FFinancial TimesOriginal★★★☆☆2026-09-14 04:00

Oil price surge revives prospect of Bank of England rate rise this year

Fed and BoJ expect rate hikes as US bond market flails

The Federal Reserve and Bank of Japan will meet this week to decide whether to raise interest rates. With the US Treasury market struggling, what effect could those decisions have?

Macro & central banksMarketsFederal ReserveBank of JapanUS Treasuriesinterest rates

FFinancial TimesOriginal★★★★☆2026-09-14 04:00

Fed and BoJ expect rate hikes as US bond market flails
  • Dollar steady, yen near seven-month high ahead of Fed, BOJ meetings
    Dollar steady, yen near seven-month high ahead of Fed, BOJ meetings

    The dollar held steady on Monday while the yen remained near a seven-month high after its recent sharp gains. Investors were weighing potential rate hikes by the Federal Reserve and Bank of Japan ahead of a pivotal week for monetary policy.

    US dollarJapanese yenFederal ReserveBank of Japan

    RReuters★★☆☆☆2026-09-14 02:10Original

Fed’s Warsh on Collision Course With Trump as Rate Hike Looms

Kevin Warsh was sworn in as Federal Reserve chair at a White House ceremony in May. President Donald Trump praised his hand-picked choice and urged him to remain “totally independent,” but the prospect of a rate hike is now putting them on a collision course.

Macro & central banksFederal ReserveKevin WarshDonald Trumpinterest rates

BBloomberg NewsOriginal★★★☆☆2026-09-13 21:30

Fed’s Warsh on Collision Course With Trump as Rate Hike Looms
Fed’s Warsh on Collision Course With Trump as Rate Hike Looms

Can a warming Arctic become an important commercial highway?

The Middle East conflict has raised security concerns over traditional shipping through the Bab al-Mandeb strait and the Suez Canal. As climate change melts more Arctic ice and extends the navigable season, a South Korean container ship has reached the UK via the route. Its viability as an alternative remains uncertain amid potential geopolitical and environmental tensions.

Macro & central banksTrade & sanctionsArctic shippingmaritime tradeclimate changeBab al-MandebSuez Canal

AAl JazeeraOriginal★★☆☆☆2026-09-13 20:44

Can a warming Arctic become an important commercial highway?
Can a warming Arctic become an important commercial highway?

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

Coinbase is partnering with payments platform Moov to bring stablecoin services into the existing payments systems of community banks and credit unions. The institutions would remain the customer-facing relationship, while Coinbase supplies custody and transaction tools. Fees, revenue sharing, data access, compliance duties and operational risk remain undisclosed.

Macro & central banksCryptoBanking & financeCoinbasestablecoinscommunity bankspayments infrastructure

CCryptoSlateOriginal★★☆☆☆2026-09-13 19:10

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

BRICS to lead in nuclear power generation, Rosatom CEO says

Rosatom CEO Alexey Likhachev said BRICS countries would eventually lead not only in energy production and consumption but also in nuclear power generation. He cited India’s forecast that energy use will rise 2.5-fold by 2050, with nuclear facilities totaling up to 100 GW to be built by 2047.

Macro & central banksEnergy & commoditiesTrade & sanctionsCompanies & industryBRICSnuclear powerenergy consumption

TTASSOriginal★★☆☆☆2026-09-13 18:13

BRICS to lead in nuclear power generation, Rosatom CEO says

Bitcoin’s slide below $77,000 sets up a Monday tech test as AI leaders sound warning

Bitcoin fell below $77,000 on Sunday, extending an already weak week rather than starting a sell-off clearly caused by new AI warnings. Investors are weighing calls from Anthropic and OpenAI leaders to slow AI development, an upcoming Federal Reserve meeting and how technology stocks may respond on Monday; no market outcome is established yet.

Macro & central banksMarketsCryptoTech & AIBitcoinAI developmenttechnology stocksFederal Reserve

CCryptoSlateOriginal★★☆☆☆2026-09-13 15:20

Bitcoin’s slide below $77,000 sets up a Monday tech test as AI leaders sound warning
Bitcoin’s slide below $77,000 sets up a Monday tech test as AI leaders sound warning

As the yen peaks, is Japan’s era of budget-friendly trips ending for Australians?

The yen has reached its strongest level against the US and Australian dollars in about six months, raising questions about whether Japan will remain an affordable destination for Australians. A sustained rise could increase travel costs and encourage some visitors to consider alternatives elsewhere in Asia, although analysts expect considerable tolerance before habits change.

Macro & central banksMarketsJapanese yenJapan travelAustralian travellers

TThe GuardianOriginal★★☆☆☆2026-09-13 15:00

As the yen peaks, is Japan’s era of budget-friendly trips ending for Australians?
As the yen peaks, is Japan’s era of budget-friendly trips ending for Australians?

Bitcoin’s Oil Risk Stretches Into 2027 as IEA Cuts Supply Outlook Again

The International Energy Agency has lowered its 2026 oil-supply forecast and expects full Gulf recovery only in 2027, potentially delaying relief in borrowing costs for Bitcoin investors. Demand is weakening, but falling inventories and sharply reduced Gulf refined-product and LPG exports indicate continuing physical tightness. Persistent energy pressure could also keep inflation and interest-rate expectations elevated.

Macro & central banksEnergy & commoditiesCryptoBitcoinoil supplyinflationinterest rates

CCryptoSlateOriginal★★☆☆☆2026-09-13 14:50

Bitcoin’s Oil Risk Stretches Into 2027 as IEA Cuts Supply Outlook Again
Bitcoin’s Oil Risk Stretches Into 2027 as IEA Cuts Supply Outlook Again

Trump Pushes Fed to Lower Rates Despite Pressure to Raise Them

President Donald Trump again argued that the United States should have the world’s lowest interest rates, while his handpicked Federal Reserve chair, Kevin Warsh, faces renewed pressure to increase borrowing costs.

Macro & central banksDonald TrumpFederal Reserveinterest rates

BBloomberg NewsOriginal★★★☆☆2026-09-13 14:30

Trump Pushes Fed to Lower Rates Despite Pressure to Raise Them
Trump Pushes Fed to Lower Rates Despite Pressure to Raise Them

RDIF CEO: US to be among first Western countries to restore economic ties with Russia

Kirill Dmitriev, CEO of the Russian Direct Investment Fund and Russia’s special envoy for investment and foreign economic cooperation, expects the United States to be among the first Western countries to resume economic relations with Russia. He said many other countries would quickly follow to avoid being left out of the process.

Macro & central banksMarketsCompanies & industryUnited StatesRussiaeconomic tiesinvestment

TTASSOriginal★★★☆☆2026-09-13 13:39

RDIF CEO: US to be among first Western countries to restore economic ties with Russia

PoliticsKey quotes from Xi Jinping's speech at Session II of 18th BRICS Summit

Chinese President Xi Jinping addressed Session II of the 18th BRICS Summit in New Delhi on Sunday, proposing five initiatives for “greater BRICS” cooperation covering AI, trade and investment facilitation, the digital industry, smart manufacturing and talent development. He said the grouping should draw on its links with emerging markets and the Global South, uphold openness and win-win cooperation, keep industrial and supply chains stable and unobstructed, and promote integrated markets.

BRICSXi JinpingGlobal Southinternational cooperation

CCGTNOriginal★★★★☆2026-09-13 13:09

Key quotes from Xi Jinping's speech at Session II of 18th BRICS Summit
Key quotes from Xi Jinping's speech at Session II of 18th BRICS Summit
  • Xi Jinping’s India visit tests whether China-India ties are thawing
    Xi Jinping’s India visit tests whether China-India ties are thawing

    Xi Jinping made his first visit to India in seven years for the BRICS summit and held a roughly 40-minute meeting with Narendra Modi. Analysts describe the shift in ties as a tactical easing driven partly by shared pressure, not a strategic reset, with border disputes unresolved. The summit’s New Delhi Declaration urged maximum restraint over the Iran war without naming the US, Israel or Iran.

    China-India relationsBRICS summitXi Jinping visitIran war

    BBBC Chinese★★★★☆2026-09-13 10:56Original
  • Key payment provisions sought by Russia included in BRICS declaration, Kremlin says

    Kremlin spokesman Dmitry Peskov said the BRICS summit’s final declaration incorporated provisions important to Russia, including joint settlement centers, a joint investment platform and a common platform for settlements in national currencies.

    BRICSRussiapayment systems

    TTASS★★★★☆2026-09-13 10:37Original
  • China, Russia and India push for inclusive global growth at BRICS
    China, Russia and India push for inclusive global growth at BRICS

    China, Russia and India called for inclusive global growth at the 18th BRICS Summit in New Delhi, where leaders also gathered for a family photograph.

    BRICSChinaRussiaIndia

    TTRT World★★★☆☆2026-09-13 10:32Original
  • China to host BRICS Forum on Trade in Services in 2027, Xi says

    China plans to host the BRICS Forum on Trade in Services in 2027 during its chairship of the group, President Xi Jinping said. He also proposed a BRICS special economic zone partnership to coordinate policies and promote open development and economic and trade cooperation.

    BRICStrade in servicesChinaeconomic cooperation

    TTASS★★★☆☆2026-09-13 10:25Original
  • Full text: Xi Jinping's speech at Session II of the 18th BRICS Summit
    Full text: Xi Jinping's speech at Session II of the 18th BRICS Summit

    Chinese President Xi Jinping told the second session of the 18th BRICS Summit in New Delhi that BRICS countries should rally the Global South, defend multilateralism, international law and the United Nations, reform global financial institutions, and deepen cooperation on development, security, climate governance and artificial intelligence.

    BRICS SummitXi JinpingGlobal Southmultilateralism

    CCGTN★★★★☆2026-09-13 10:17Original
  • Xi pushes 'Greater BRICS' economic ties to give bloc larger global role
    Xi pushes 'Greater BRICS' economic ties to give bloc larger global role

    Chinese President Xi Jinping unveiled initiatives on Sunday spanning areas including AI and trade to deepen cooperation among the “Greater BRICS” emerging economies. Beijing is seeking to turn the grouping into a practical platform for development across the Global South.

    BRICSChinainternational cooperation

    RReuters★★★★☆2026-09-13 08:50Original
  • Xi: China to continue advancing Belt and Road Initiative

    Chinese President Xi Jinping said at a meeting of BRICS leaders and partner countries that China will keep opening up, promoting high-quality Belt and Road cooperation and sharing development opportunities with countries around the world.

    ChinaBelt and Road InitiativeBRICS

    TTASS★★★☆☆2026-09-13 07:21Original
  • Xi proposes five initiatives for ‘greater BRICS’ cooperation
    Xi proposes five initiatives for ‘greater BRICS’ cooperation

    Chinese President Xi Jinping proposed five initiatives to deepen “greater BRICS” cooperation in AI, trade and investment facilitation, digital industries, smart manufacturing and talent development at the group’s summit in New Delhi. He also urged Global South countries to strengthen multilateralism, reform international institutions and advance global AI governance.

    BRICSXi JinpingGlobal Southartificial intelligence

    CCGTN★★★★☆2026-09-13 05:45Original
  • International observers look to China to advance ‘Greater BRICS’ cooperation
    International observers look to China to advance ‘Greater BRICS’ cooperation

    At the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping urged members to lead innovation-driven development, uphold peace and stability, promote mutual learning among civilizations and improve global governance. Global South observers said China has played an important role in BRICS and expressed confidence that it will guide expanded cooperation toward deeper, higher-quality engagement. They also expect China’s 2027 chairmanship to consolidate the group’s enlarged framework.

    BRICSChinaGlobal Southglobal governance

    CCGTN★★★★☆2026-09-13 03:04Original

Rise and fall of Hong Kong’s ‘shop kings’ as rents and debt crush their empires

Hong Kong landlords once known as “shop kings” built portfolios of dozens of properties along the same streets. Many have since gone bankrupt as post-pandemic rents collapsed and banks tightened lending. Shop prices are down more than 40% from their 2018 peak, and Centaline Commercial says there is still no clear sign of a recovery or a market bottom.

Macro & central banksReal EstateHong Kong propertyshop pricesdebt

SSouth China Morning PostOriginal★★☆☆☆2026-09-13 08:00

Rise and fall of Hong Kong’s ‘shop kings’ as rents and debt crush their empires
Rise and fall of Hong Kong’s ‘shop kings’ as rents and debt crush their empires

With millions of dead oysters and mounting debt, P.E.I. farmers fear they'll lose everything

Disease has devastated Prince Edward Island’s oyster industry, wiping out entire crops. Farmers say they need more assistance to survive the crisis and fear larger corporations with deeper pockets could acquire their independent operations.

Macro & central banksCompanies & industryPrince Edward Islandoyster industrydiseasefarm debt

CCBC NewsOriginal★★☆☆☆2026-09-13 08:00

With millions of dead oysters and mounting debt, P.E.I. farmers fear they'll lose everything

Bitcoin’s $80,000 ceiling looks fragile after stocks shrug off near-5% Treasury yields

Bitcoin reached an intraday high of $79,890 on Sept. 11 but failed to clear the $80,000-$82,000 resistance zone identified by QCP. That came as US stocks rose nearly 1% while the 10-year Treasury yield approached 5%. Markets are focused on the Federal Reserve’s expected rate decision, with a break below $76,300-$76,500 weakening the consolidation outlook.

Macro & central banksMarketsCryptoBitcoinFederal ReserveTreasury yieldscrypto markets

CCryptoSlateOriginal★★☆☆☆2026-09-12 20:20

Bitcoin’s $80,000 ceiling looks fragile after stocks shrug off near-5% Treasury yields
Bitcoin’s $80,000 ceiling looks fragile after stocks shrug off near-5% Treasury yields

‘Small price to pay’: young homeowners welcome falling prices despite the pain

Australian house prices have fallen 3.6% from their peak, hurting recent buyers through weaker valuations, refinancing risks and constrained family plans. Some, including Queensland homeowner Alex Hogan and Melbourne buyer Eibhlinn Cassidy, say they are willing to absorb those losses if a broader correction makes housing more affordable and narrows the divide between owners and renters.

Macro & central banksReal EstateAustralia housinghouse priceshousing affordabilityinterest rates

TThe GuardianOriginal★★★☆☆2026-09-12 20:00

‘Small price to pay’: young homeowners welcome falling prices despite the pain
‘Small price to pay’: young homeowners welcome falling prices despite the pain

Why Bitcoin initially held its gain as September rate-hike odds rose to 85%

August inflation sent mixed signals to the Federal Reserve: gasoline drove much of the headline increase, while monthly core inflation accelerated. Futures traders raised the odds of a 25-basis-point hike at the September 15-16 meeting from about 70% to 85%, while Bitcoin briefly gained 2.08% to $78,683 before slipping toward $77,500 in thin weekend trading.

Macro & central banksCryptoFederal Reserveinterest ratesBitcoininflation

CCryptoSlateOriginal★★★☆☆2026-09-12 18:20

Why Bitcoin initially held its gain as September rate-hike odds rose to 85%
Why Bitcoin initially held its gain as September rate-hike odds rose to 85%

India’s central bank rejects Tata Sons request to avoid public listing, sources say

The Reserve Bank of India has rejected Tata Sons’ application to deregister as a non-bank lender, two sources said. The decision leaves the company closer to a stock market listing.

Macro & central banksMarketsIndiaTata Sonspublic listing

RReutersOriginal★★★☆☆2026-09-12 16:25

India’s central bank rejects Tata Sons request to avoid public listing, sources say
India’s central bank rejects Tata Sons request to avoid public listing, sources say
  • India’s central bank tells Tata Sons to go public

    The Reserve Bank of India has rejected Tata Sons’ appeal against a compulsory listing, setting the stage for what could become the country’s largest initial public offering.

    IndiaTata Sonscentral bankIPO

    FFinancial Times★★★☆☆2026-09-12 16:20Original

How BRICS pools development strength for high-quality cooperation

BRICS is using mechanisms including the New Development Bank to channel financing into infrastructure, clean energy and digital transformation across the Global South. The group has expanded its partnerships, while intra-BRICS merchandise trade rose from $84.2 billion in 2003 to $1.17 trillion in 2024. Xi Jinping urged members to promote a fairer international order.

Macro & central banksTrade & sanctionsBanking & financeBRICSGlobal SouthNew Development Bankeconomic cooperation

CCGTNOriginal★★★★☆2026-09-12 15:45

How BRICS pools development strength for high-quality cooperation
How BRICS pools development strength for high-quality cooperation
  • Full text of Xi Jinping's speech at Session I of the 18th BRICS Summit
    Full text of Xi Jinping's speech at Session I of the 18th BRICS Summit

    Chinese President Xi Jinping addressed the first session of the 18th BRICS Summit in New Delhi on September 12. He called on BRICS to stand on the right side of history and help make the international order fairer, while proposing a BRICS initiative on AI-empowered new industrialization and deeper cooperation in AI, research, applications and supply chains.

    BRICSXi JinpingGlobal Southartificial intelligence

    CCGTN★★★★☆2026-09-12 15:05Original
  • Xi Jinping's key quotes at Session I of 18th BRICS Summit
    Xi Jinping's key quotes at Session I of 18th BRICS Summit

    Chinese President Xi Jinping spoke at the first session of the 18th BRICS Summit in New Delhi on Saturday. He urged BRICS countries to stand on the right side of history, advance innovation-led development, protect peace and stability, promote mutual learning among civilizations and improve global governance toward a fairer international order and a shared future for humanity.

    BRICS SummitXi Jinpingglobal governance

    CCGTN★★★★☆2026-09-12 14:42Original
  • BRICS nations call for Palestinian representation in international organizations

    The Delhi Declaration adopted at the 18th BRICS summit calls for adequate Palestinian representation in all relevant international organizations and backs Palestine’s full UN membership. BRICS members reaffirmed that a just and lasting Israeli-Palestinian settlement can only come through peaceful means and recognition of Palestinians’ legitimate rights, including self-determination and return.

    BRICSPalestineUnited NationsIsraeli-Palestinian conflict

    TTASS★★★★☆2026-09-12 12:52Original
  • BRICS nations condemn attempts to politicize humanitarian aid to Palestinians

    The New Delhi Declaration says BRICS members are gravely concerned about conditions in Gaza and the West Bank. They condemned politicizing or militarizing humanitarian assistance, starvation as a method of warfare, attacks on civilians and civilian infrastructure, and obstruction of aid, while reaffirming support for UNRWA and calling for respect for Jerusalem’s religious sites and access rights.

    BRICSPalestinianshumanitarian aidGaza

    TTASS★★★★☆2026-09-12 12:43Original
  • Xi says BRICS is the world’s most influential platform for emerging-market cooperation

    Chinese President Xi Jinping said in New Delhi that BRICS has become the world’s most influential cooperation platform for emerging markets and developing countries. Addressing the first session of the 18th BRICS Summit, Xi urged members to deepen cooperation in areas including artificial intelligence, uphold peace and stability, and help make the international order more just and equitable.

    BRICSXi JinpingGlobal Southartificial intelligence

    CChina News Service★★★★☆2026-09-12 12:43Original
  • Xi says BRICS countries should stand firmly on the right side of history
    Xi says BRICS countries should stand firmly on the right side of history

    Chinese President Xi Jinping said at the 18th BRICS Summit in New Delhi that BRICS countries should stand firmly on the right side of history. He urged them to lead in innovative development, peace and stability, civilizational exchange and global governance, while steering the international order toward greater justice and equity and building a community with a shared future for humanity.

    BRICSXi Jinpingglobal governance

    CCGTN★★★★☆2026-09-12 12:25Original
  • BRICS adopts joint declaration, urges ‘maximum restraint’ over Middle East war
    BRICS adopts joint declaration, urges ‘maximum restraint’ over Middle East war

    BRICS members unanimously approved a joint declaration on Saturday voicing deep concern about the war in the Middle East. They called for maximum restraint and backed a multilateral approach that respects national perspectives.

    BRICSjoint declarationMiddle East war

    RReuters★★★★☆2026-09-12 12:25Original
  • BRICS nations call for stepped-up efforts to de-escalate Middle East tensions

    The Delhi Declaration adopted at the 18th BRICS summit says member states are deeply concerned about the continued escalation of tensions in the Middle East. Participants called for protecting civilians and civilian infrastructure, urged dialogue and diplomacy toward lasting regional peace, and stressed maintaining the smooth flow of global trade, supply chains and energy under international law.

    BRICSMiddle Eastdiplomacyregional security

    TTASS★★★★☆2026-09-12 12:24Original
  • BRICS to continue work on cross-border payment mechanisms and national currencies

    BRICS leaders said in the New Delhi Declaration adopted at the group’s 18th summit that they will continue developing cross-border payment mechanisms and promoting the use of national currencies. They called for further discussions aimed at practical payment solutions that are fast, low-cost, accessible, efficient, transparent and secure, while respecting national priorities and recognizing that no single approach fits all countries.

    BRICScross-border paymentsnational currencies

    TTASS★★★★☆2026-09-12 12:23Original
  • BRICS nations reiterate commitment to reforming global governance — declaration

    The New Delhi Declaration adopted at the 18th BRICS summit reaffirms the members’ commitment to reforming global governance through a fairer and more effective multilateral system. The states highlighted the UN’s central role and pledged to uphold multilateralism, multipolarity and international law, including the UN Charter.

    BRICSglobal governanceUnited Nations

    TTASS★★★★☆2026-09-12 12:14Original
  • BRICS nations adopt New Delhi summit declaration, Modi says

    The leaders of BRICS member states and governments adopted the New Delhi Declaration of the group’s 18th summit, Indian Prime Minister Narendra Modi announced. He said no member had raised objections and that the 2026 declaration was unanimously approved.

    BRICSNew Delhi summitdeclaration

    TTASS★★★★☆2026-09-12 11:39Original
  • China’s Xi urges BRICS to take on peacemaking role in Middle East war
    China’s Xi urges BRICS to take on peacemaking role in Middle East war

    Chinese President Xi Jinping urged BRICS to act as a peacemaker in the Middle East conflict during an address to the bloc’s summit in New Delhi on Saturday.

    BRICSXi JinpingMiddle East conflict

    RReuters★★★★☆2026-09-12 11:05Original
  • BRICS leaders meet in India as wars and US tensions test the bloc
    BRICS leaders meet in India as wars and US tensions test the bloc

    BRICS leaders are meeting in New Delhi for a summit centred on trade, investment and global conflicts. As wars and tensions with the United States challenge the bloc, it is seeking a larger role in shaping the global agenda for emerging and developing countries.

    BRICSIndiaglobal conflicts

    FFrance 24★★★★☆2026-09-12 10:29Original
  • Xi hails BRICS’ importance in fostering emerging markets’ cooperation
    Xi hails BRICS’ importance in fostering emerging markets’ cooperation

    Speaking at the 18th BRICS Summit in New Delhi, Xi Jinping said the group has become the world’s most influential platform for cooperation among emerging markets and developing countries. He urged members to deepen AI cooperation, uphold peace and stability, promote civilizational exchanges and help guide the international order toward greater justice and equity.

    BRICSXi JinpingGlobal Southinternational cooperation

    CCGTN★★★★☆2026-09-12 09:06Original
  • Trump may be BRICS’s best recruitment agent
    Trump may be BRICS’s best recruitment agent

    Donald Trump’s efforts to weaken BRICS through tariffs and economic pressure may instead encourage countries to reduce their dependence on US-centred markets, finance and the dollar. BRICS is not a unified anti-US alliance, but its diverse members are cautiously expanding local-currency trade and payment links to limit their exposure to American leverage.

    BRICSDonald TrumpUS dollarinternational trade

    AAl Jazeera★★★★☆2026-09-12 07:44Original
  • Wars in Ukraine and Iran set to dominate BRICS summit
    Wars in Ukraine and Iran set to dominate BRICS summit

    Leaders of the 11-member BRICS bloc are meeting in New Delhi on Saturday to expand economic cooperation and seek a larger role for emerging powers in global affairs. Wars in Ukraine and the Middle East are testing the group’s ability to stay united.

    BRICSNew DelhiUkraine warIran war

    FFrance 24★★★★☆2026-09-12 06:51Original
  • Infographics: BRICS in numbers

    The BRICS cooperation mechanism, formally launched in 2006, opened a new chapter in cooperation among major emerging economies. As the world undergoes profound changes, BRICS is amplifying Global South countries’ calls for better governance, greater security and the right to development.

    BRICSGlobal Southemerging economies

    CChina News Service★★★☆☆2026-09-12 05:40Original

Putin says BRICS business circles are interested in deepening cooperation

Russian President Vladimir Putin said business circles are showing strong interest in deepening economic cooperation among BRICS countries. He said members of the BRICS Business Council had offered initiatives to expand practical cooperation, with ambitious multilateral projects taking shape.

Macro & central banksTrade & sanctionsCryptoCompanies & industryBRICSeconomic cooperationmultilateral projects

TTASSOriginal★★★☆☆2026-09-12 14:10

Putin says BRICS business circles are interested in deepening cooperation

Georgian official says China key to export diversification

Georgia’s Deputy Economy Minister Irakli Nadareishvili called China a core partner, citing $2.3 billion in bilateral trade last year and the countries’ comprehensive strategic partnership. He identified AI, the digital economy and services as future growth areas, alongside Georgia’s Middle Corridor infrastructure, renewable energy and undersea cable projects.

Macro & central banksTrade & sanctionsGeorgiaChinaexport diversificationdigital economy

CCGTNOriginal★★★☆☆2026-09-12 13:27

Georgian official says China key to export diversification
Georgian official says China key to export diversification

‘The Price of Money’ authors link rising borrowing costs to boomers’ savings and surging debt

The authors of “The Price of Money” argue that rising borrowing costs are driven more by boomers’ savings and surging debt than by monetary policy or Trump’s war with Iran.

Macro & central banksMarketsborrowing costssavingsdebtmonetary policy

BBloomberg NewsOriginal★★☆☆☆2026-09-12 12:30

‘The Price of Money’ authors link rising borrowing costs to boomers’ savings and surging debt

PoliticsKremlin: Unclear whether Russia-US business projects will emerge before Ukraine settlement

Russia currently has no joint economic projects with the United States, and it remains unclear whether any will be launched before a settlement in Ukraine, Kremlin spokesman Dmitry Peskov said. He argued that trade, economic and investment cooperation should resume as soon as possible, while noting that some US officials say a settlement must come first.

Russia-US relationsUkraine settlementeconomic cooperation

TTASSOriginal★★★☆☆2026-09-12 10:22

Kremlin: Unclear whether Russia-US business projects will emerge before Ukraine settlement
  • Kremlin: No mechanisms for economic cooperation with US currently exist

    Kremlin spokesman Dmitry Peskov said restoring trade and economic cooperation with the United States would bring significant benefits to both sides. However, he said there are currently no practical mechanisms for cooperation and no joint projects have been implemented, despite strong interest at the corporate level.

    RussiaUnited Stateseconomic cooperation

    TTASS★★★☆☆2026-09-12 10:20Original

Ramaphosa urges BRICS to boost Global South self-reliance

South African President Cyril Ramaphosa called on BRICS to increase investment in manufacturing and value addition, urging developing economies to move beyond supplying raw commodities. He said expanded BRICS cooperation could help the Global South build a more resilient, diversified and inclusive economy through stronger industrial, energy, infrastructure and logistics partnerships.

Macro & central banksTrade & sanctionsCompanies & industryBRICSGlobal Southmanufacturingeconomic cooperation

CCGTNOriginal★★★★☆2026-09-12 08:24

Ramaphosa urges BRICS to boost Global South self-reliance
Ramaphosa urges BRICS to boost Global South self-reliance

US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go

The US federal budget deficit reached $1.97 trillion during the first 11 months of the fiscal year, placing it among the highest recorded. With one month remaining, the debt burden is heading toward levels unseen in US history within a few years.

Macro & central banksUS budgetfiscal deficitgovernment debt

BBloomberg NewsOriginal★★★☆☆2026-09-12 06:00

US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go
US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go

High oil prices could force ECB to raise rates further, top policymaker warns

Austrian central bank governor Martin Kocher warned that high oil prices could push the European Central Bank into further rate increases. He said the risk of persistently elevated inflation is greater than it was a few months ago.

Macro & central banksEnergy & commoditiesoil pricesECBinterest rates

FFinancial TimesOriginal★★★☆☆2026-09-12 04:00

High oil prices could force ECB to raise rates further, top policymaker warns

Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible

White House National Economic Council Director Kevin Hassett played down concerns that President Donald Trump’s proposal to give every adult U.S. citizen a $5,000 check would worsen worries over historically high government borrowing.

Macro & central banksDonald Trump$5,000 checksU.S. fiscal policy

BBloomberg NewsOriginal★★★☆☆2026-09-12 03:30

Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible
Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible

US Diesel Prices Rise Past $6 a Gallon for First Time Ever

US diesel prices have climbed above $6 a gallon for the first time, increasing the risk of further energy-driven inflation just before the fuel enters its peak demand season.

Macro & central banksEnergy & commoditiesUnited Statesdiesel pricesenergy inflation

BBloomberg NewsOriginal★★★☆☆2026-09-11 23:00

US Diesel Prices Rise Past $6 a Gallon for First Time Ever
US Diesel Prices Rise Past $6 a Gallon for First Time Ever

Fed Rate Decision May Have Hinged on Changes in Phone Plans

A record surge in cellular phone-service prices pushed a key US inflation gauge above forecasts, likely clinching a Federal Reserve interest-rate increase next week.

Macro & central banksFederal Reserveinterest ratesinflation

BBloomberg NewsOriginal★★★☆☆2026-09-11 22:30

Fed Rate Decision May Have Hinged on Changes in Phone Plans
Fed Rate Decision May Have Hinged on Changes in Phone Plans
  • Economists See Fed Defying Expectations for Rate Hikes
    Economists See Fed Defying Expectations for Rate Hikes

    A Bloomberg survey found that most economists expect the Federal Reserve to leave interest rates unchanged at this month’s meeting and through the end of 2027, despite rising market bets on a rate increase.

    Federal Reserveinterest rateseconomists survey

    BBloomberg News★★★☆☆2026-09-11 21:00Original

Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users

A Philadelphia Fed working paper found that public alerts about large crypto transfers produced sharply different reactions on Bitcoin and Ethereum. Non-whale Bitcoin wallets traded most strongly in the whale’s direction during the first 15 minutes, while Ethereum participation stayed comparatively stable. The observational study does not establish that alerts caused every response.

Macro & central banksMarketsCryptoBitcoinEthereumwhale tradingcrypto markets

CCryptoSlateOriginal★★☆☆☆2026-09-11 20:10

Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users
Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users

America can’t grow its way out of its debt problem

The US economy is facing $40 trillion in debt, bond yields nearing a 19-year high and a costly war pushing inflation higher. The Trump administration has proposed a novel solution, but economic growth alone cannot resolve America’s debt problem.

Macro & central banksUS economynational debtinflation

CCNNOriginal★★★★☆2026-09-11 20:04

America can’t grow its way out of its debt problem
America can’t grow its way out of its debt problem