Fed seeks comment on rules for supervised payment-stablecoin issuers
Proposals cover reserve backing, capital, risk management, custody and the application process under the GENIUS Act.
Federal Reserve Board
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WELLFICENT / NEWSROOM
1,348 storiesGlobal energy and well intelligence — Page 67
Global oil, natural gas, power, water, geothermal and mining news, well data and market analysis. Primary sources, clear dates and reporting in seven languages. Page 67
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G20 finance leaders put tax policy, sovereign debt and global imbalances on agenda
The chair’s statement asks the OECD to study how tax systems affect business dynamism and the IMF to deepen scenario analysis.
U.S. Department of the Treasury, G20 Presidency
HKMA sets Hong Kong base rate at 4.25%
The authority set the Base Rate 25 basis points higher with immediate effect, following the US Federal Reserve’s adjustment and under Hong Kong’s preset formula.
Hong Kong Monetary Authority via Government of the Hong Kong SAR
HMRC ends interim VAT gap estimates, keeps annual measure
The next VAT gap estimate is expected in the 2027 Measuring Tax Gaps publication.
HM Revenue & Customs
India’s central government spends ₹20.78 trillion through August
The August accounts show receipts at 37.5% of the annual budget estimate and expenditure at 38.9%.
Ministry of Finance, Government of India / Press Information Bureau
Indonesia’s banks report 23.70% capital adequacy ratio for June
Bank Indonesia’s mid-2026 financial stability review reported strong banking capital and low non-performing loans, while projecting 8–12% credit growth for 2026.
Bank Indonesia
Bank Indonesia raises targeted liquidity incentive to 6%
The central bank increased its Macroprudential Liquidity Incentive from 5.5% to 6.0% from September, steering bank liquidity toward priority-sector lending.
Bank Indonesia
Japan consumer prices rise 1.9% year over year in August
The core index excluding fresh food increased 1.7% year over year under the new 2025 base.
Statistics Bureau of Japan
Japan unemployment rate rises to 2.5% in August
The number of employed people increased by 140,000 year over year to 68.49 million.
Statistics Bureau of Japan
MAS assigns S$1.45 billion to five managers under Singapore equities programme
The new placements bring the Equity Market Development Programme’s allocation to S$5.4 billion; MAS also committed S$20 million to a market-making grant.
Monetary Authority of Singapore
MAS proposes governance changes for Singapore banks and insurers
A consultation would tighten board-independence and approval rules for higher-impact institutions while removing some approvals for lower-impact firms.
Monetary Authority of Singapore
New Zealand Treasury forecasts a return to operating surplus in 2028/29
The pre-election update projects the OBEGALx deficit narrowing in 2026/27 and net core Crown debt peaking at 43.9% of GDP.
The Treasury New Zealand
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