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BigGo Finance·Oct 29, 202645 signal

China wraps up 800 billion yuan policy-based financial instrument rollout; three banks disclose projects with total investment above 11.5 trillion yuan

China's 800 billion yuan (approximately $120.1 billion) in New Policy-based Financial Instruments for 2026 was fully deployed as of Oct. 28, with China Development Bank disbursing 365 billion yuan (approximately $54.8 billion), the Export-Import Bank of China 120 billion yuan (approximately $18.0 billion) and the Agricultural Development Bank of China 315 billion yuan (approximately $47.3 billion). The rollout took only about two months from first deployments in early September to completion. The three banks said the projects they support carry combined total investment of more than 11.5 trillion yuan, focused on artificial intelligence, the digital economy, green and low-carbon development, biomedicine and consumption, with a clear tilt toward private investment and major provincial economies. The funds are used entirely to replenish project capital; once capital is in place, loans still require independent bank review, and total project investment does not equal investment completed in the current period.

Economy
TradingView·Oct 29, 202653 signal

IIP Growth Eases to 4-mth Low in Sept as Mining Output Contracts

Our Bureau New Delhi: India's factory output growth eased to a four-month low of 6.7% in September, weighed down by a high base effect and softening mining output, even as manufacturing and power generation continued to support overall industrial activity. The September print marks the sixth monthl...

Economy
Miami Herald·Oct 29, 202645 signal

Dollar steady after Fed hold leaves rate path murky

SHANGHAI/SINGAPORE, Oct 29 (Reuters) - The US dollar steadied on Thursday after the Federal Reserve held interest rates as expected while hinting upcoming inflation data would influence future policy moves, leaving investors uncertain about the rates outlook.

Economy
BBC·Oct 29, 202645 signal

Big Boss Interview | Budget Reaction Special

Chancellor John Healey's first Budget has won cautious approval from business. Leading figures say it was a relief, but warn that relief is not the same as ambition. In this Big Boss Interview Budget special,...

Economy