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According to The Information, OpenAI is hiring hundreds of "frontier deployment engineers" to win business from large enterprises.Japanese Prime Minister Sanae Takaichi: TSMCs (TSM.N) Kumamoto chip factory has a huge economic impact, and we hope to establish a win-win cooperative relationship with TSMC.Japanese Prime Minister Sanae Takaichi: 3-nanometer chips used in autonomous vehicles and robotics are of great significance to economic security.February 5th - The State Council Taiwan Affairs Office held a regular press conference on February 5th. On February 4th, President Xi Jinping spoke with US President Trump by phone, emphasizing that the Taiwan issue is the most important issue in China-US relations. In response, spokesperson Chen Binhua stated that President Xi Jinpings important speech clarified Chinas solemn position on the Taiwan issue and provided fundamental guidance for our work on Taiwan. Taiwan is Chinas territory, and the Taiwan issue is the core of Chinas core interests and the first inviolable red line in China-US relations.February 5th - At a press conference held today (February 5th) by the State Council Information Office, the State Administration for Market Regulation stated that fair competition is a fundamental principle of the market economy and an objective requirement for building a unified national market. In 2025, the Administration will organize and conduct random inspections of fair competition reviews, urging relevant policy-making bodies to rectify policies and measures that hinder a unified market and fair competition; investigate and punish a series of monopoly cases in the pharmaceutical field, leading to significant price reductions for the drugs involved; and investigate and handle 14,600 cases of various anti-unfair competition. Comprehensive measures will be taken to address "involution-style" competition, strengthening cost investigations, price inspections, and guidance and interviews with key enterprises, effectively cooling down "price wars" and "subsidy wars."

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.