IMF says uncertainty for global economy remains high after 6 months of US-Iran war Xinhua | Updated: 2026-09-11 09:23 (++++)

https://www.chinadaily.com.cn/a/202609/11/WS6aa35813e4b06d4aa055d7cc.html WASHINGTON - The International Monetary Fund (IMF) said Thursday that the global economy has been resilient despite six months of war between the United States and Iran, but uncertainty remains high. "So far, despite six months of war in the Middle East, the global economy has been resilient. It has weathered the shocks, the energy shocks in particular, better than feared," IMF spokesperson Julie Kozack said at a news briefing. US market sours on $6b Treasury buyback Investors push back on offer as 10-year yield reaches its highest in three years By MAY ZHOU in Houston | China Daily Global | Updated: 2026-09-11 09:56 https://www.chinadaily.com.cn/a/202609/11/WS6aa35fc2e4b06d4aa055d82c.html The United States Treasury Department said on Wednesday that it will buy up to $6 billion of 10-year to 20-year Treasurys when it executes its buyback operation on Thursday afternoon, but the bond market didn't respond as expected. Nation to advance RMB use, financial opening-up Expanded local currency settlement, broadened currency swaps expected By Zhou Lanxu | China Daily | Updated: 2026-09-11 08:54 https://www.chinadaily.com.cn/a/202609/11/WS6aa35147e4b06d4aa055d751.html China will further advance worldwide use of the renminbi over the next five years while remaining committed to maintaining currency stability, as part of broader efforts to enable the financial sector to better serve the real economy and promote high-standard opening-up, officials said on Thursday. Sino-US biz ties key to global recovery By Zhang Chenxu | China Daily | Updated: 2026-09-11 09:05 https://www.chinadaily.com.cn/a/202609/11/WS6aa353dae4b06d4aa055d781.html Amid a fragile global economic recovery, China's resilience and long-term growth potential — coupled with its continued push for greater openness — are creating fresh opportunities for US businesses looking to expand in the world's largest consumer market, officials and business leaders said on Thursday. Trade and investment ties between China and the United States, the world's two largest economies, are built on mutual benefit, they added, and stronger bilateral cooperation would help bolster global supply-chain resilience and put global recovery on terra firma.