EUR/USD
1.15709
-0.060%
Gold
4210.65
-0.003%
Oil
82.881
-2.644%
USD/JPY
160.200
0.149%
GBP/USD
1.34105
-0.037%
GBP/JPY
214.841
0.121%
Real-time News
The Russian Ministry of Defense reported that Russian troops liberated 172 buildings in Konstantinovka, the "Donetsk Peoples Republic," while Ukrainian troops suffered 40 casualties.On June 13, the Islamic Republic of Iran Broadcasting reported that Iranian officials announced the funeral arrangements for the late Supreme Leader Ayatollah Khamenei.June 13th - According to the Financial Times, US investment groups are seizing the opportunity presented by Trumps ouster of Maduro to aggressively acquire Venezuelas underutilized oil fields. Miami-based Lionheart Capital has taken the lead, signing a letter of intent to merge its listed shell company, Lionheart Holdings, with Keo Energy, which owns oil field assets in Venezuela. Sources say the merger would create the first Venezuelan oil company listed on Nasdaq, providing direct investment access for US and institutional investors. The report states that Lionheart plans to list the oil company at a valuation of approximately $1 billion through the merger; its shell company, Lionheart Holdings, raised $230 million in 2024. Sources indicate that negotiations are still in the early stages and have not yet been finalized, and may fall through. Lionheart Holdings plans to hold a shareholder vote next week to gain more time to find acquisition targets, otherwise it may face liquidation.Polish Prime Minister Donald Tusk announced on Saturday that Poland will end its fuel price cap this summer, citing expectations of a de-escalation of the conflict involving Iran and price stabilization. In March, the Polish government announced a reduction in the fuel value-added tax (VAT) from 23% to 8%, lowered the excise tax to the lowest level in the EU, and began daily price caps on motor vehicle fuels. These measures have been extended every two weeks since their implementation. This Friday, Poland decided to extend the VAT exemption and price cap on gasoline and diesel until the end of June, but did not extend the excise tax exemption. Tusk stated, "Throughout the crisis, our fuel prices have been the cheapest in Europe, but we will end this measure this summer."On June 13th, Lei Jun, Chairman of Xiaomi Group, posted on Weibo that Xiaomi Auto highly values testing, investing heavily in its testing efforts. Currently, the entire testing team comprises over 800 people, more than 45% of whom are experts with over 10 years of experience. This team has completed over 35 million kilometers of testing in more than 300 cities. Xiaomi Auto has 126 laboratories in four cities: Beijing, Nanjing, Shanghai, and Wuhan, covering a total area of over 65,600 square meters. Additionally, it has rented two comprehensive vehicle testing grounds in Yancheng, Jiangsu, and Guangde, Anhui. There is also a dedicated team of approximately 500 people conducting extreme environment testing. They are divided into summer and winter testing teams, primarily responsible for testing in four extreme environments: Heihe (high-altitude and frigid), Turpan (high-temperature), Kunlun Mountains (high-altitude), and Hainan (high-humidity).
