China's central bank unveils 2026-2030 reform plan targeting high-level financial opening-up, expanded global use of the renminbi and deeper market access. Plan also covers monetary policy framework and financial stability.

China's homegrown C919 jet launches its first international commercial route Wednesday, connecting Beijing to Ulaanbaatar, Mongolia, operated by Air China. The domestically built plane had carried 7.5M+ passengers on 57 domestic routes as of Aug. 10.

China is set to launch the first international commercial route operated by its homegrown C919 aircraft on Wednesday, connecting Beijing with Ulaanbaatar, capital of Mongolia, operated by Air China. As of Aug. 10, the domestically developed large passenger jet had served 57 routes linking 25 cities and carried more than 7.5 million passenger trips, according to official data.

Indonesia targets permanent magnet output using rare earths by 2028, seeking an integrated domestic supply chain from mineral processing to EVs, Danantara's CTO said in Jakarta.

Indonesia plans to produce permanent magnets using rare earth elements by 2028 as part of efforts to build an integrated domestic supply chain from mineral processing to electric vehicles, Danantara Chief Technology Officer Sigit Puji Santosa said Wednesday in Jakarta.

Bangladesh's inflation eased to 8.32% in July from 9.16% in June, the Bangladesh Bureau of Statistics said Wednesday. Food inflation dropped sharply to 7.16%, while non-food inflation fell to 9.28% from 9.61%.

Bangladesh's inflation eased to 8.32 percent in July from 9.16 percent in June, according to the Bangladesh Bureau of Statistics. Food inflation fell sharply to 7.16 percent, while non-food inflation edged down to 9.28 percent.

Germany's inflation rate jumped to 2.8% in July from 2.3% in June, driven by energy prices, Destatis said Wednesday. Economists warn record-low Rhine water levels could push prices higher.

Germany's inflation rate accelerated to 2.8% in July, up from 2.3% in June and 2.6% in May, according to official data released Wednesday. Destatis president Ruth Brand said energy prices remained the key driver, while economists warned that record-low water levels on the Rhine could add further price pressures.