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The Mortgage Bankers Association reported Thursday that mortgage applications were up 8 percent for the week ending June 12 compared with one week earlier. Purchase prices and the number of sales also increased, the Washington-based trade association said.

The New York-based investment bank expects China's GDP to rise 6.6 percent year-on-year in 2018, up from its previous projection of 6.5 percent. Its forecast for 2019 improved from 6.3 percent to 6.4 percent.

The OFAC on the same day blacklisted Laureano Ortega Murillo, the son of Nicaraguan President Daniel Ortega and Vice President Rosario Murillo, as well as a Nicaraguan bank Banco Corporativo SA.

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The Navara, Nissan's first SUV-grade pickup to premiere in China, meets consumers' demand for smart, tough, high-performance pickups. It features Nissan's signature "V-motion" grille and futuristic headlights. The cabin's spacious interior makes for a comfortable ride. The Navara's 7-speed automatic transmission, the first of its kind in China, delivers top performance and power. The model will be manufactured for the Chinese market at Zhengzhou Nissan Automobile Co.

The October-December quarter will likely see robust year-on-year growth in FDI. In the January-November period, FDI in China rose 9.8 percent year-on-year to reach 803.62 billion yuan ( 2 billion).

The Mission E, which debuted as a concept car in 2015, will have a range of over 500 kilometers and will reach 80 percent of its full charge in only 15 minutes.

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The National Statistics Bureau said China's consumer price index, a main gauge of inflation, rose 5.2 percent year-on-year last month, down from a 5.4 percent year-on-year increase in January.

The PBOC started research into digital currency in 2014. In 2016, it opened the Institute of Digital Currency and established a special work team in 2017 for experimenting with the central bank-backed DC/EP.

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The National Security Law was enacted on June 30. Article 10 of the law stipulates that the special administrative region shall promote national security education in schools and universities to raise the awareness of Hong Kong residents of national security and of the obligation to abide by the law.

The PMI of medium-sized enterprises increased by 0.3 percentage point to 49.1 last month, and that of small businesses rose 0.5 percentage point to 48.3, according to the NBS.