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Stocks pull back after Fed raises rates and points to another hike this year

The Federal Reserve raised interest rates on Wednesday and signaled that borrowing costs could rise further in the coming months. The unanimous decision, joined by new Fed chief Kevin Warsh, effectively acknowledged that the Trump administration has so far failed to bring inflation under control.

Macro & central banksMarketsFederal Reserveinterest ratesinflationstocks

RReutersOriginal★★★★☆2026-09-16 23:40

Stocks pull back after Fed raises rates and points to another hike this year
Stocks pull back after Fed raises rates and points to another hike this year
  • US Fed raises interest rates as inflation weighs on economy
    US Fed raises interest rates as inflation weighs on economy

    The US Federal Reserve raised rates by 25 basis points to 3.75–4 percent, its first increase in more than three years. The move comes weeks before the US midterm elections as inflation remains elevated, fueled in part by soaring fuel prices amid the US-Iran war. Officials project one more increase this year.

    Federal Reserveinterest ratesinflationUS economy

    AAl Jazeera★★★★☆2026-09-16 18:03Original
  • Live Coverage of Fed Rate Decision and Warsh News Conference
    Live Coverage of Fed Rate Decision and Warsh News Conference

    Live coverage follows the Federal Reserve’s rate decision and Warsh’s news conference.

    Federal Reserveinterest ratesKevin Warsh

    BBloomberg News★★★☆☆2026-09-16 17:45Original
  • Trump wants lower rates. His new Fed chair is poised to raise them
    Trump wants lower rates. His new Fed chair is poised to raise them

    The Federal Reserve is navigating a confusing economic moment, but rates now appear set to move higher, potentially beginning Wednesday. That puts Donald Trump’s demand for lower borrowing costs at odds with the direction expected from Kevin Warsh.

    Federal Reserveinterest ratesDonald TrumpKevin Warsh

    CCNN★★★☆☆2026-09-16 17:00Original

What do higher rates mean for borrowers and savers?

The U.S. Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, marking its first increase in more than three years. The move raises questions about how borrowers’ and savers’ finances will be affected.

Macro & central banksFederal Reserveinterest ratesborrowerssavers

RReutersOriginal★★★☆☆2026-09-16 23:30

What do higher rates mean for borrowers and savers?
What do higher rates mean for borrowers and savers?

Warsh says US economy has strengthened, inflation is the problem

Federal Reserve Chair Kevin Warsh said the U.S. economy has strengthened since policymakers met in June, with the labor market essentially at full employment. He said inflation trends, however, have shown little improvement.

Macro & central banksUS economyFederal Reserveinflation

RReutersOriginal★★★☆☆2026-09-16 23:25

Warsh says US economy has strengthened, inflation is the problem
Warsh says US economy has strengthened, inflation is the problem

Fed raises interest rates to combat inflation

The Federal Reserve chair appointed by President Trump raised interest rates to fight inflation. Trump said he has confidence in Kevin Warsh and wants him to remain independent.

Macro & central banksFederal Reserveinterest ratesinflation

NNBC NewsOriginal★★★☆☆2026-09-16 23:16

Fed raises interest rates to combat inflation
Fed raises interest rates to combat inflation
  • Fed forecasts one more rate hike before year-end
    Fed forecasts one more rate hike before year-end

    Federal Reserve officials project another interest-rate increase later this year after Wednesday’s hike, followed by a steady policy in 2027, according to quarterly forecasts released after the latest meeting.

    Federal Reserveinterest ratesmonetary policy

    RReuters★★★★☆2026-09-16 18:30Original
  • US Fed raises key rate for first time in three years
    US Fed raises key rate for first time in three years

    The US Federal Reserve raised interest rates by 25 basis points on Wednesday, seeking to tackle stubbornly high inflation in the world’s largest economy. The move is likely to anger President Donald Trump, who has called for lower rates.

    Federal Reserveinterest ratesinflationUS economy

    DDW★★★★☆2026-09-16 18:24Original
  • Fed approves interest rate hike, signals one more to come this year
    Fed approves interest rate hike, signals one more to come this year

    The Federal Reserve approved its first interest-rate increase in more than three years on Wednesday and indicated that another hike could follow before the end of the year.

    Federal Reserveinterest ratesUS economy

    CCNBC★★★★☆2026-09-16 18:04Original
  • Fed raises rates by 25 basis points in first hike since July 2023
    Fed raises rates by 25 basis points in first hike since July 2023

    The US Federal Reserve raised its benchmark federal funds rate range by 25 basis points to 3.75%-4.0%, marking its first rate hike since July 2023. The widely expected move was in line with market expectations.

    Federal Reserverate hikeinterest ratesUS economy

    CCoinDesk★★★★☆2026-09-16 17:54Original

HKMA raises base rate by a quarter point to 4.25%, first increase since 2023

Hong Kong’s de facto central bank raised its base rate by 25 basis points to 4.25% on Thursday, hours after the US Federal Reserve lifted its federal funds target range to 3.75%–4% to contain inflation amid conflict in the Middle East. It was Hong Kong’s first rate increase since 2023.

Macro & central banksHong Konginterest ratesFederal Reserveinflation

SSouth China Morning PostOriginal★★★☆☆2026-09-16 23:03

HKMA raises base rate by a quarter point to 4.25%, first increase since 2023
HKMA raises base rate by a quarter point to 4.25%, first increase since 2023

IMF downgrades Australian growth forecast amid fears of further rate hike

The IMF cut its forecast for Australia’s real GDP growth in 2027 by 0.1 percentage points to 1.6%, warning that higher global energy prices could intensify inflation and prompt the Reserve Bank to raise rates again. It also urged federal and state governments to restrain spending to contain debt and price pressures.

Macro & central banksAustralia economyIMFinterest ratesinflation

TThe GuardianOriginal★★★☆☆2026-09-16 23:00

IMF downgrades Australian growth forecast amid fears of further rate hike
IMF downgrades Australian growth forecast amid fears of further rate hike

US Fed hikes rates for first time since 2023 as inflation stays sticky

The Federal Reserve raised its policy rate by 25 basis points to 3.75%-4%, its first increase since July 2023, citing persistently elevated inflation. The decision passed unanimously, 12-0. Analysts viewed the hawkish move as leaving another hike possible before year-end, while Chair Kevin Warsh avoided committing to a prolonged tightening cycle and defended Fed independence amid Donald Trump's calls for cuts.

Macro & central banksFederal Reserveinterest ratesinflationmonetary policy

CCGTNOriginal★★★★☆2026-09-16 22:58

US Fed hikes rates for first time since 2023 as inflation stays sticky
US Fed hikes rates for first time since 2023 as inflation stays sticky
  • US Federal Reserve defies Trump with interest rate hike
    US Federal Reserve defies Trump with interest rate hike

    The US Federal Reserve has raised its key interest rate for the first time in three years in an effort to reduce high inflation. The decision could set up a confrontation between Chair Kevin Warsh and President Donald Trump, who has repeatedly urged the central bank to cut rates. The programme also covers France extending fuel subsidies and Hong Kong aligning with Beijing’s economic vision.

    Federal Reserveinterest ratesinflationDonald Trump

    FFrance 24★★★★☆2026-09-16 21:38Original
  • US interest rates raised for first time in three years
    US interest rates raised for first time in three years

    The Federal Reserve unanimously raised interest rates to 3.75%-4% from 3.5%-3.75%, its first increase in more than three years. Chair Kevin Warsh said inflation had been too high for too long, while President Donald Trump called for rates of 1% or less.

    US interest ratesFederal ReserveinflationDonald Trump

    BBBC News★★★★☆2026-09-16 21:02Original
  • Trump demands 1% or lower interest rate after first Fed hike since 2023
    Trump demands 1% or lower interest rate after first Fed hike since 2023

    President Donald Trump called on the Federal Reserve to cut interest rates to 1% or less, just hours after the central bank announced its first rate increase since 2023.

    Donald TrumpFederal Reserveinterest rates

    CCNBC★★★☆☆2026-09-16 20:51Original
  • Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation
    Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation

    Bitcoin and ether whipsawed after the Federal Reserve unanimously raised interest rates by a quarter point, its first hike in more than three years. Warsh focused on inflation.

    Federal Reserveinterest ratesBitcoinEther

    TThe Block★★★★☆2026-09-16 20:02Original
  • Trump demands lower rates after Fed hikes to tackle ‘too high’ US inflation
    Trump demands lower rates after Fed hikes to tackle ‘too high’ US inflation

    Donald Trump is demanding lower interest rates after the Federal Reserve raised them to address inflation he considers too high in the United States. Trump has repeatedly clashed with the Fed over its rate policy and called for borrowing costs of 1% or less.

    Donald TrumpFederal Reserveinterest ratesinflation

    TTRT World★★★☆☆2026-09-16 20:00Original
  • U.S. Federal Reserve raises interest rates for first time in 3 years

    The Federal Reserve raised interest rates, saying the move was intended to help return inflation to its 2 per cent target. It was the first policy shift by the new Fed chief, who took office in late May after being selected by Trump amid expectations he would cut rates.

    Federal Reserveinterest ratesinflation

    CCBC News★★★★☆2026-09-16 19:00Original
  • Key Takeaways From Fed Decision to Raise Interest Rates
    Key Takeaways From Fed Decision to Raise Interest Rates

    These are the key points from the Federal Reserve’s decision on Wednesday to raise interest rates.

    Federal Reserveinterest ratesmonetary policy

    BBloomberg News★★★☆☆2026-09-16 18:20Original

Bitcoin Faces ‘Double Whammy’ After Bill Rejection, Rate Hike

The Clarity Act was expected to provide a fresh catalyst for the battered crypto market, with supporters hoping Washington would offer a rescue. That breakthrough failed to arrive, leaving the industry confronting several headwinds at once.

Macro & central banksCryptoBitcoincryptocurrencyinterest ratesUS legislation

BBloomberg NewsOriginal★★☆☆☆2026-09-16 22:30

Bitcoin Faces ‘Double Whammy’ After Bill Rejection, Rate Hike
Bitcoin Faces ‘Double Whammy’ After Bill Rejection, Rate Hike

Bitcoin miners sign $100 billion in AI deals, but little revenue has arrived

Bitcoin miners have signed more than $100 billion in AI contracts while producing only about $1.1 billion in annualized revenue. CoinShares says over 4 gigawatts of AI and HPC capacity is contracted, but roughly 550 megawatts is billing. Investors are rewarding the pivot because grid-connected power has become scarce, despite costly retrofits and the loss of some mining operations.

Macro & central banksEnergy & commoditiesCryptoCompanies & industryTech & AIBitcoin miningartificial intelligencedata centerspower infrastructure

CCryptoSlateOriginal★★☆☆☆2026-09-16 22:10

Bitcoin miners sign $100 billion in AI deals, but little revenue has arrived
Bitcoin miners sign $100 billion in AI deals, but little revenue has arrived

Warsh says Fed focus will remain on inflation as underlying trends show no meaningful improvement

Federal Reserve Chair Kevin Warsh said on Wednesday that controlling inflation would remain the U.S. central bank’s predominant focus after it raised interest rates. He added that underlying trends had not meaningfully improved.

Macro & central banksFederal Reserveinterest ratesinflation

RReutersOriginal★★★☆☆2026-09-16 21:05

Warsh says Fed focus will remain on inflation as underlying trends show no meaningful improvement
Warsh says Fed focus will remain on inflation as underlying trends show no meaningful improvement

Bitcoin’s Fed move could run straight into a $6.3 billion IBIT options wall

The Fed’s rate decision on Wednesday will come just two days before about 1.47 million options tied to BlackRock’s iShares Bitcoin Trust ETF expire. With roughly $6.28 billion in gross underlying share value concentrated around the busiest $40–$45 strikes, traders will test whether a macro-driven Bitcoin move can overcome expiry-related positioning. Bitcoin was near $76,000 ahead of the decision.

Macro & central banksMarketsCryptoBitcoinFederal ReserveIBIT optionsmarket volatility

CCryptoSlateOriginal★★☆☆☆2026-09-16 18:40

Bitcoin’s Fed move could run straight into a $6.3 billion IBIT options wall
Bitcoin’s Fed move could run straight into a $6.3 billion IBIT options wall

France to extend targeted fuel aid measures until end of year

French Prime Minister Sebastien Lecornu has asked ministers to keep targeted support in place through the end of the year for sectors hit hard by fuel price surges linked to the Iran war. His office said the measure is intended to protect economic activity, jobs and growth while giving companies visibility.

Macro & central banksEnergy & commoditiesFrancefuel aidenergy priceseconomy

RReutersOriginal★★★☆☆2026-09-16 18:05

France to extend targeted fuel aid measures until end of year
France to extend targeted fuel aid measures until end of year

House panel advances first federal crypto tax framework after Senate Clarity Act stumble

The House Ways and Means Committee voted to advance legislation establishing a federal framework for crypto taxation, sending it to the full House for consideration. The move came one day after the Senate’s Clarity Act stumbled.

Macro & central banksCryptocryptocurrencytax legislationUS Congress

TThe BlockOriginal★★★☆☆2026-09-16 17:29

House panel advances first federal crypto tax framework after Senate Clarity Act stumble
House panel advances first federal crypto tax framework after Senate Clarity Act stumble

India considers cutting vegetable oil import taxes as prices climb

India, the world’s biggest importer of vegetable oils, is considering lowering import taxes on the commodities to curb food inflation, according to two government and two industry sources. The move is being weighed as the peak-demand festival season begins.

Macro & central banksEnergy & commoditiesTrade & sanctionsIndiavegetable oilsimport taxesfood inflation

RReutersOriginal★★★☆☆2026-09-16 17:10

India considers cutting vegetable oil import taxes as prices climb
India considers cutting vegetable oil import taxes as prices climb

‘Science fiction’: Transport companies, the backbone of the economy, sound the alarm over fuel prices

Diesel, the fuel used to power trucks and trains, reached an all-time high of $6.31 per gallon on Wednesday, prompting transport companies to raise the alarm over fuel costs.

Macro & central banksEnergy & commoditiesCompanies & industrydiesel pricestransportationeconomy

CCNBCOriginal★★☆☆☆2026-09-16 16:57

‘Science fiction’: Transport companies, the backbone of the economy, sound the alarm over fuel prices
‘Science fiction’: Transport companies, the backbone of the economy, sound the alarm over fuel prices

Underlying inflation in 5-6% range in August, Bank of Russia says

Underlying inflation in Russia stood at 5-6% in August, the Bank of Russia said, citing significant secondary and indirect effects from fuel-market conditions and a stronger impact from the exchange rate as the ruble weakened. Consumer prices fell 0.08% that month, while annual inflation rose 0.35 percentage points to 6.33%.

Macro & central banksRussiainflationBank of Russia

TTASSOriginal★★★☆☆2026-09-16 16:37

Underlying inflation in 5-6% range in August, Bank of Russia says

Traders expect Fed to raise interest rates for first time in three years

Traders expect the Federal Reserve to increase interest rates for the first time in three years. Kevin Warsh is under pressure to bring stubbornly high inflation under control, a move that could anger Donald Trump just weeks before the US midterm elections.

Macro & central banksFederal Reserveinterest ratesinflationUS economy

FFinancial TimesOriginal★★★★☆2026-09-16 16:32

Traders expect Fed to raise interest rates for first time in three years
  • Bond market woes likely a factor for Fed, but intervention seen as unlikely
    Bond market woes likely a factor for Fed, but intervention seen as unlikely

    Surging U.S. government bond yields are driving up credit costs across the economy and could shape Federal Reserve deliberations on monetary policy. Analysts nevertheless expect the central bank to resist any explicit request from the Trump administration to bail out the market.

    Federal Reservebond marketinterest ratesTrump administration

    RReuters★★★☆☆2026-09-16 12:15Original
  • Federal Reserve Poised to Raise Interest Rates: What to Know
    Federal Reserve Poised to Raise Interest Rates: What to Know

    With inflation and consumer prices rising, Wednesday’s Federal Reserve meeting is being closely watched for signals about interest rates in the present and future. The Fed is expected to raise rates for the first time since 2023 and the first time under newly appointed Chair Kevin Warsh.

    Federal Reserveinterest ratesinflationeconomy

    NNBC News★★★★☆2026-09-16 11:32Original
  • Warsh's words may matter more than the anticipated Fed rate hike
    Warsh's words may matter more than the anticipated Fed rate hike

    The Federal Reserve is expected to raise interest rates for the first time since 2023, as persistent inflation and rising borrowing costs worldwide drive the move. That will intensify scrutiny of how Kevin Warsh characterizes the first monetary-policy change under his watch.

    Federal Reserveinterest ratesinflation

    RReuters★★★★☆2026-09-16 11:00Original
  • Bitcoin traders brace for Fed hike, but a surprise hold could pose bigger risk
    Bitcoin traders brace for Fed hike, but a surprise hold could pose bigger risk

    Bitcoin is hovering near $80,000 as traders build stablecoin positions that could flow back into the market once uncertainty around the Federal Reserve clears. A surprise decision to hold rates could present a greater risk.

    BitcoinFederal Reserveinterest ratesstablecoins

    CCoinDesk★★☆☆☆2026-09-16 11:00Original
  • Global stocks rise ahead of Fed interest rate decision
    Global stocks rise ahead of Fed interest rate decision

    Global shares are rising as investors await the Federal Reserve’s interest rate decision, with expectations for a rate hike running high. U.S. stock futures have edged upward.

    global stocksFederal Reserveinterest rates

    TThe Associated Press★★★★☆2026-09-16 10:30Original
  • Federal Reserve expected to raise interest rates for first time since 2023
    Federal Reserve expected to raise interest rates for first time since 2023

    The Federal Reserve is expected to raise interest rates for the first time since 2023. The consequential move comes less than two months before the midterm elections.

    Federal Reserveinterest ratesUS economy

    AABC News★★★★☆2026-09-16 09:08Original
  • 10-year Treasury yield hovers above 5% as investors await Fed decision
    10-year Treasury yield hovers above 5% as investors await Fed decision

    The 10-year Treasury yield is hovering above 5% as investors await the Federal Reserve’s decision. The Fed is widely expected to raise interest rates on Wednesday.

    Federal Reserveinterest ratesTreasury yields

    CCNBC★★★☆☆2026-09-16 08:58Original
  • Fed expected to raise rates despite Trump’s calls for a cut

    The Federal Reserve is widely expected to raise borrowing costs for the first time in three years, despite Donald Trump’s calls for a cut. Persistent inflation is testing Chair Kevin Warsh’s commitment to price stability.

    Federal Reserveinterest ratesinflationDonald Trump

    Eeuronews★★★★☆2026-09-16 05:40Original
  • Fed Seen Hiking Rates in Defiance of Trump: Decision-Day Guide
    Fed Seen Hiking Rates in Defiance of Trump: Decision-Day Guide

    The Federal Reserve is expected to raise interest rates on Wednesday for the first time since 2023. Policymakers have grown less confident that inflation will cool enough without at least some push from the central bank.

    Federal Reserveinterest ratesinflationDonald Trump

    BBloomberg News★★★★☆2026-09-16 03:15Original

U.S. House tax committee advances crypto tax bill

The U.S. House tax committee advanced the Digital Asset Tax Certainty Act, which would ease complicated tax burdens on everyday cryptocurrency use. The bill faced some pushback because of Donald Trump’s ties to the industry.

Macro & central banksCryptoU.S. Housecryptocurrencytax policy

CCoinDeskOriginal★★★☆☆2026-09-16 16:21

U.S. House tax committee advances crypto tax bill
U.S. House tax committee advances crypto tax bill

Earning more is not enough: Spanish house prices are rising faster than wages

Annual pay varies by roughly €10,000 across Spanish regions, while the price of a 90-square-metre home can differ by as much as €383,000. In the Balearic Islands and Madrid, buyers need more than €129,000 saved for a deposit.

Macro & central banksReal EstateSpain housinghouse priceswagesaffordability

EeuronewsOriginal★★★☆☆2026-09-16 14:00

Earning more is not enough: Spanish house prices are rising faster than wages

Bank of Russia purchases $23.6 million worth of yuan with September 15 settlement

The Bank of Russia bought yuan on the domestic market in a transaction worth 2 billion rubles, or $23.6 million, settled on September 15. The regulator conducts these purchases and sales through the yuan-ruble instrument on the Moscow Exchange’s currency market.

Macro & central banksMarketsBank of Russiayuanforeign exchange market

TTASSOriginal★★☆☆☆2026-09-16 14:00

Bank of Russia purchases $23.6 million worth of yuan with September 15 settlement

Kazakhstan ready to expand transit of Russian gas to Uzbekistan

Kazakhstan has fulfilled its obligations and is prepared to provide additional transit of Russian gas to Uzbekistan, Deputy Energy Minister Kaiyrkhan Tutkyshbayev said. Uzbekistan and Russia are negotiating, while a final transit decision has yet to be made.

Macro & central banksEnergy & commoditiesKazakhstanRussian gasUzbekistanenergy infrastructure

TTASSOriginal★★★☆☆2026-09-16 13:00

Kazakhstan ready to expand transit of Russian gas to Uzbekistan

Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test

Bitcoin fell below $75,000 intraday on Sept. 15 after the Senate failed 49-50 to advance the CLARITY Act, removing near-term regulatory upside. With the 10-year Treasury yield at 5.041%, Brent above $105 and tighter rate expectations, Bitcoin now faces a key test near its $70,000 200-day moving average ahead of the Sept. 16 FOMC meeting.

Macro & central banksCryptoBitcoinFederal Reservecrypto regulation

CCryptoSlateOriginal★★☆☆☆2026-09-16 12:15

Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test
Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test

Consumers hit by one-two punch of oil and rates from Iran war; estimated bill is $1,700 per household

Higher oil prices and Treasury yields are raising energy and borrowing costs for U.S. households, prompting consumers to rely more heavily on savings. The estimated burden is $1,700 per household.

Macro & central banksEnergy & commoditiesCompanies & industryIran waroil pricesinterest rateshousehold costs

CCNBCOriginal★★★★☆2026-09-16 12:02

Consumers hit by one-two punch of oil and rates from Iran war; estimated bill is $1,700 per household
Consumers hit by one-two punch of oil and rates from Iran war; estimated bill is $1,700 per household

Vice premier stresses western opening as Pinglu Canal begins operations

Chinese Vice Premier Ding Xuexiang called for greater opening of China’s western regions at a ceremony marking the start of navigation on the Pinglu Canal in Guangxi. The 134.2-kilometer, 72.7-billion-yuan canal links Nanning with the Beibu Gulf and serves as a backbone project of the New Western Land-Sea Corridor.

Trade & sanctionsPinglu Canalwestern openingGuangxiASEAN connectivity

CCGTNOriginal★★★☆☆2026-09-16 11:55

Vice premier stresses western opening as Pinglu Canal begins operations
Vice premier stresses western opening as Pinglu Canal begins operations
  • Chinese mainland welcomes Taiwan to share Pinglu Canal opportunities
    Chinese mainland welcomes Taiwan to share Pinglu Canal opportunities

    The Pinglu Canal, a backbone project of China’s New International Land-Sea Trade Corridor, opened to navigation on Wednesday. It will connect western inland goods to the sea, cutting shipping distance by more than 560 kilometers and logistics costs by up to 30%. A mainland spokesperson welcomed people from Taiwan to share the project’s opportunities.

    Pinglu Canalcross-Strait tradelogistics

    CCGTN★★★☆☆2026-09-16 09:36Original
  • How many records can one canal break?
    How many records can one canal break?

    China’s Pinglu Canal opened to navigation on September 16 with multiple national and world records. Located in Guangxi, it links southwest China to the sea, accommodates vessels of up to 5,000 tonnes, shortens inland shipping routes and includes the world’s highest and largest inland water-saving ship locks.

    Pinglu CanalGuangxitransport infrastructureworld records

    CCGTN★★★☆☆2026-09-16 07:46Original
  • China opens Pinglu Canal, shortening route to ASEAN markets
    China opens Pinglu Canal, shortening route to ASEAN markets

    China opened the 134.2-kilometer Pinglu Canal on Wednesday. As a major part of the New International Land-Sea Trade Corridor, it offers inland Chinese regions a more direct route to the sea and onward to ASEAN markets.

    ChinaPinglu CanalASEAN markets

    CCGTN★★★☆☆2026-09-16 07:42Original
  • China opens Pinglu Canal, a trade shortcut to Southeast Asia

    China opened the Pinglu Canal on Wednesday, creating a shorter route from its landlocked southwest to the coast and overseas markets, especially ASEAN, its largest trading partner. The 134.2-kilometer canal cost 72.7 billion yuan and links Nanning with the Beibu Gulf.

    Pinglu CanalASEAN tradeGuangxiinfrastructure

    CChina News Service★★★☆☆2026-09-16 05:54Original
  • From rivers to the sea: China builds Pinglu Canal in four years
    From rivers to the sea: China builds Pinglu Canal in four years

    China’s Pinglu Canal in Guangxi is scheduled to open to navigation on September 16. The project will link inland waterways with the Beibu Gulf and expand the country’s inland shipping network. Construction began in August 2022, major works were completed in May 2026, and project acceptance finished in August.

    Pinglu CanalGuangxiinland shippinginfrastructure

    CCGTN★★★☆☆2026-09-16 04:09Original
  • Pinglu Canal: Engineering a new waterway to the sea
    Pinglu Canal: Engineering a new waterway to the sea

    China’s 134.2-kilometer Pinglu Canal officially opened to navigation on Wednesday, linking the Xijiang River shipping network with the Beibu Gulf. Built at a cost of 72.7 billion yuan, it can handle vessels of up to 5,000 tonnes and is expected to cut the route from southwest China to the sea by about 560 kilometers. Mangrove restoration, a fish passage and a wildlife overpass were incorporated into the project.

    Pinglu CanalGuangxiinland shippingecological protection

    CCGTN★★★☆☆2026-09-16 04:09Original
  • Major river-to-sea project: China's Pinglu Canal opens for navigation
    Major river-to-sea project: China's Pinglu Canal opens for navigation

    China’s Pinglu Canal in Guangxi officially opened to commercial navigation on Wednesday. The 134.2-kilometer waterway links the Xijiang River corridor with the Beibu Gulf, shortening shipping routes from southwestern China to the sea by more than 560 kilometers and creating a more direct gateway to ASEAN. Fish passages and a wildlife bridge were built along the canal, while more than 98% of excavated material was reused.

    Pinglu CanalGuangxiChina-ASEAN tradeenvironmental protection

    CCGTN★★★☆☆2026-09-16 02:26Original

Graphics: What stood out in China's economy in August?

Official data showed that China’s August economy was driven by booming emerging industries and strong foreign trade. Value-added in high-tech and digital product manufacturing rose 16.7% and 15.7% year on year, while goods trade reached 4.65 trillion yuan, up 19.8%.

Macro & central banksTrade & sanctionsCompanies & industryChina economyemerging industriesforeign trade

CCGTNOriginal★★★☆☆2026-09-16 11:13

Graphics: What stood out in China's economy in August?
Graphics: What stood out in China's economy in August?

Live updates: Zcash climbs 6% as major cryptocurrencies slide ahead of Fed rate decision

Zcash has risen 6% and is up 130% over the past 30 days, trading near its 2016 all-time highs. Bitcoin, meanwhile, has fallen to a three-and-a-half-week low below $76,000 as markets await the Federal Reserve’s rate decision.

Macro & central banksCryptoZcashBitcoincryptocurrencyFederal Reserve

CCoinDeskOriginal★★☆☆☆2026-09-16 10:37

Live updates: Zcash climbs 6% as major cryptocurrencies slide ahead of Fed rate decision
Live updates: Zcash climbs 6% as major cryptocurrencies slide ahead of Fed rate decision

Bitcoin ETF exits erase Monday rebound as spot selling deepens before Fed

U.S. spot Bitcoin ETFs saw $450 million in net outflows on Sept. 15, more than reversing the previous session’s $159 million inflow and bringing withdrawals across six completed sessions since Sept. 8 to $753 million. Bitcoin traded near $75,900 as spot and perpetual sellers dominated, while the causal link between ETF redemptions and exchange selling remained unresolved.

Macro & central banksMarketsCryptoBitcoinETF flowsFederal Reservecrypto market

CCryptoSlateOriginal★★☆☆☆2026-09-16 09:05

Bitcoin ETF exits erase Monday rebound as spot selling deepens before Fed
Bitcoin ETF exits erase Monday rebound as spot selling deepens before Fed

Jilin streamlines tax refund services to boost inbound consumption

Jilin has simplified departure tax refunds, driving a 277% year-on-year rise in transactions and a 170% increase in refund volume. The province has more than 81 tax-free shops and now offers multilingual digital shopping information. Measures include cross-region instant-refund recognition and extending claims to 28 days. Inbound tourist spending rose 41% in the first half of the year.

Macro & central banksJilindeparture tax refundsinbound consumption

CChina News ServiceOriginal★★☆☆☆2026-09-16 08:46

Jilin streamlines tax refund services to boost inbound consumption

More than $19.4 billion secured for rural construction across China in January-August

More than 130 billion yuan ($19.4 billion) had been secured for rural construction projects across China by the end of August, CCTV News reported. The country’s rural roads now span 4.7 million kilometers. In Zanhuang County, Hebei, over 40 million yuan was invested this year in roads and streetlights, while water, sanitation, waste treatment and elderly-care facilities also improved.

Macro & central banksMarketsChinarural constructioninfrastructurepublic investment

CChina News ServiceOriginal★★★☆☆2026-09-16 08:42

More than $19.4 billion secured for rural construction across China in January-August

Entain to cut 20% of customer care roles as gambling tax concerns grow

Ladbrokes owner Entain said on Wednesday that it could eliminate around 20% of its customer care positions. It also published a letter to British Prime Minister Andy Burnham warning about the effects of any further increases in gambling taxes.

Macro & central banksCompanies & industryEntaincustomer care jobsgambling taxes

RReutersOriginal★★☆☆☆2026-09-16 08:40

Entain to cut 20% of customer care roles as gambling tax concerns grow
Entain to cut 20% of customer care roles as gambling tax concerns grow

UK inflation reaches 3.1%, but data offers some relief for BoE

Official figures showed British inflation accelerated to a five-month high of 3.1% in August. Measures that exclude sharply rising energy prices remained stable, ahead of expectations that the Bank of England will leave interest rates unchanged the next day.

Macro & central banksEnergy & commoditiesUK inflationenergy pricesBank of England

RReutersOriginal★★★☆☆2026-09-16 07:25

UK inflation reaches 3.1%, but data offers some relief for BoE
UK inflation reaches 3.1%, but data offers some relief for BoE
  • UK inflation jumps to 3.1% as energy costs soar
    UK inflation jumps to 3.1% as energy costs soar

    UK inflation has risen to 3.1% as energy costs soar. The reading comes only hours before the Bank of England is due to update its monetary policy.

    UK inflationenergy costsBank of England

    CCNBC★★★☆☆2026-09-16 06:18Original

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

Aggressive market expectations and the Fed’s strict reluctance to offer forward guidance have left Chair Warsh cornered. Failing to deliver a hawkish message could damage the central bank’s credibility in fighting inflation, while Bitcoin may still perform strongly.

Macro & central banksCryptoFederal ReserveKevin WarshBitcoininflation

CCoinDeskOriginal★★☆☆☆2026-09-16 06:42

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

Slower loan growth is becoming China’s new normal, central bank governor says

China’s central bank governor, Pan Gongsheng, said slower loan growth is becoming the new normal as contraction in the property and local-government sectors weakens credit demand faster than emerging industries can make up the shortfall.

Macro & central banksBanking & financeReal EstateChina economyloan growthproperty sectorPan Gongsheng

RReutersOriginal★★★★☆2026-09-16 05:35

Slower loan growth is becoming China’s new normal, central bank governor says
Slower loan growth is becoming China’s new normal, central bank governor says
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