Gary Ng

Rule Changes

Analyzing the global consequences of a US slowdown

Voters approved data center restrictions in 44 of the 45 local elections where counting was complete, according to Redbud Consulting's tally reported by the Associated Press. Democrats also won governorships in Texas, Arizona, Georgia and Ohio after campaigns that promised tighter rules on the facilities.

Updated 3 days ago

Rule Changes

As of September 2026: Commenting publicly on China's September 2026 stimulus

China's central government will start paying part of the interest on new mortgages for first-time homebuyers on October 1. The subsidy covers 1 percentage point of annual interest on qualified loans for up to five years, the first time Beijing has directly subsidized commercial mortgage interest.

Updated Sep 30

Money Moves

As of September 2026: Sees capital easing insurers' path into equities

Eight of China's largest state-owned banks and insurers will receive US$53.6 billion in fresh capital from the finance ministry. The 360 billion yuan injection, funded by special treasury bonds, is the biggest coordinated recapitalization since last year.

Updated Sep 7