Exxon and Chevron profits surge on rising oil prices driven by the Iran war, as energy markets react to escalating Middle East conflict

China's Mangshan Tunnel in Luoyang, Henan, entered the shield tunneling phase Friday on the Jiaozuo-Pingdingshan high-speed railway. The 6,340m tunnel uses a customized 'Jiaoping No.1' EPB shield machine with a 14.57m excavation diameter — China Railway 11th Bureau Group.

China's Mangshan Tunnel on the Jiaozuo-Pingdingshan high-speed railway officially entered the shield tunneling phase on Friday in Luoyang, Henan Province. The 6,340-meter tunnel uses a customized 'Jiaoping No.1' earth pressure balance shield machine developed by China Railway 11th Bureau Group, with a 14.57-meter excavation diameter on the shield-driven section.

China unveils new financial institution governance guidelines jointly issued by PBOC, CSRC, NFRA and Ministry of Finance, targeting a 2029 deadline for standardized operations.

China on Friday unveiled a set of multi-agency guidelines aimed at strengthening the governance of financial institutions, with a target of establishing a clearly defined governance mechanism by 2029.

Hong Kong's economy expanded 4.3% year-on-year in Q2 2026, per HKSAR advance estimates, slowing from 5.9% growth in Q1. Growth underpinned by buoyant trade and resilient domestic demand.

Hong Kong's real gross domestic product (GDP) grew 4.3 percent year-on-year in the second quarter of 2026, according to advance estimates released by the HKSAR government on Friday. The increase slowed from the 5.9-percent uptick registered in Q1.

ASEAN+3 should accelerate AI, energy and digital payment integration to limit dollar dependence, regional research institute AMRO says Thursday

ASEAN+3 economies—ASEAN member states plus China, Japan, and South Korea—should accelerate integration of artificial intelligence, energy infrastructure, and digital payment systems to limit dependence on the U.S. dollar as AI reshapes global commerce, the ASEAN+3 Macroeconomic Research Office (AMRO) said Thursday, citing a commentary by its economists.