The US Treasury announced the index value under the index contingency clause of inflation-protected Treasury bonds. The index value for October 2025 is 325.604, the US Treasury said in a press release. For payment obligations that rely on the October 2025 CPI, the Treasury will base its calculations on this index value. Even if the US Bureau of Labor Statistics (BLS) later releases the actual CPI for October 2025, the Treasury will not replace this index number.
In response to the impact of digital currencies, especially stablecoins, on the global monetary system, former Vice Minister of Finance Zhu Guangyao held a conference on June 26.
The U.S. Department of Transportation has confirmed the end of New York's congestion pricing program.
On February 16th, China Agricultural Reinsurance joint stock company announced that its controlling shareholder, the Ministry of Finance, will transfer all its shares in China Agricultural Reinsurance (55.90% of the total share capital) to Central Huijin Investment Co., Ltd. for free. After the transfer is completed, the Ministry of Finance will no longer hold any equity in China Agricultural Reinsurance, and Central Huijin will hold about 55.90% of China Agricultural Reinsurance and become the ...
According to market sources, Trump said he would send Treasury Secretary Scott Bescent to Ukraine to meet with President Zelensky. Trump said the war must end and it will end soon.
Thailand's finance minister said it proposes to set up a "sandbox" of digital assets in Phuket.
On January 26th, the Ministry of Finance released data showing that from January to December 2024, the total operating income of state-owned enterprises was 84.72258 trillion yuan, an increase of 1.3% year-on-year. The total profit of state-owned enterprises was 4.35046 trillion yuan, an increase of 0.4% year-on-year. Taxes and fees payable by state-owned enterprises were 5.87809 trillion yuan, a decrease of 0.7% year-on-year. At the end of December, the asset-liability ratio of state-owned ente...
Luo Zhuojian, a member of the National Committee of the Chinese People's Political Consultative Conference and a consulting expert of the Ministry of Finance, issued a document calling for the active development of stablecoins to protect the advantages of Hong Kong's financial center. He pointed out that Hong Kong can cooperate with Financial Institution Groups in other regions in the application of stablecoins to explore its potential in international settlement and cross-border application mod...
On January 10, 2025, the Ministry of Finance of the People's Republic of China's 7-year (renewal) government bond weighted win the bidding yield 1.5339%, the marginal win the bidding yield 1.5568%, and the bid multiple 3.34. The Ministry of Finance of the People's Republic of China's 2-year (renewal) government bond weighted win the bidding yield 1.1626%, the marginal win the bidding yield 1.2157%, and the bid multiple 3.79.
On December 30th, the notice of the General Office of the Ministry of Finance on further clarifying the requirements for the proportion of government procurement of new energy vehicles. Purchasers shall strengthen the government procurement request management of official vehicles, fully understand the functions and performance of new energy vehicles, and take the lead in using new energy vehicles in combination with actual use needs. The competent budget unit shall make an overall plan to determ...