October 1, 2026
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Tag : China

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China keeps loan prime rates steady through September 2026

omandailynews.com
China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while the over-five-year rate stayed at 3.5%. Banks commonly use the longer-term benchmark when pricing mortgages....
News

Egypt and China mark 70 years during Xi Jinping visit

omandailynews.com
Chinese President Xi Jinping arrived in Cairo for an official visit as Egypt and China marked 70 years of diplomatic relations. Egyptian President Abdel Fattah El-Sisi welcomed Xi at Cairo International Airport on Tuesday. First Lady Entissar El-Sisi also attended...
Technology

China digital industry revenue reaches 20.71 trillion yuan

omandailynews.com
China’s digital industry generated 20.71 trillion yuan in revenue during the first half of 2026, up 13.6% from a year earlier. Total profit reached 1.79 trillion yuan, an increase of 19.3%. China’s Ministry of Industry and Information Technology said the...
News

Magnitude 5.1 earthquake strikes Longchang City in China Sichuan

omandailynews.com
A moderate 5.1-magnitude earthquake struck Longchang City in southwest China's Sichuan Province on Friday afternoon, according to seismic data released by the China Earthquake Networks Center. The seismic event occurred at 1:13 p.m. Beijing time at a focal depth of...
Travel

South Korea tourist arrivals reach 2.09 million in July

omandailynews.com
Foreign tourist arrivals in South Korea exceeded 2 million in July 2026 as inbound travel continued above pre-pandemic levels. The country received 2,093,223 foreign visitors during the month, according to the Korea Tourism Organization. That total rose 20.8% from 1,733,199...
Business

Japan posts record July trade as imports outpace exports

omandailynews.com
Japan’s imports and exports both reached record monthly highs in July 2026, as energy costs and semiconductor demand lifted the value of trade. Imports rose 27.8% from a year earlier to about 12.15 trillion yen. Exports increased 23.2% to roughly...
News

China widens flood response after Typhoon Dolphin landfalls

omandailynews.com
Typhoon Dolphin forced the evacuation of about 167,900 people in Fujian Province as heavy rain and flooding spread across eastern China. The Fujian figure covered residents moved from vulnerable land and coastal areas by 7 a.m. Monday. Shanghai had separately...
News

China tightens drone exports in wider US countermeasures

omandailynews.com
China announced new countermeasures against the United States on Wednesday, including tighter controls on drone-related exports. It also restricted dealings with seven American entities. The measures took effect on August 5 after recent U.S. technology and import restrictions. China’s Ministry...
Technology

UN urges fair rules for artificial intelligence worldwide

omandailynews.com
United Nations Secretary-General António Guterres called for wider global participation in artificial intelligence governance during a major conference in Shanghai. He said AI must serve people across all regions, not only governments and companies with the largest resources. Guterres pointed...
Business

Developing Asia FDI reaches $644 billion in 2025

omandailynews.com
Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient...