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Real-time News
U.S. House Speaker Johnson: July 4 tax bill deadline may be delayed.The Fed said overall bank capital requirements would remain broadly unchanged.The Federal Reserves consultation on changes to the supplementary leverage ratio (SLR) will end on August 26.On June 27, the first plenary meeting of the National Data Expert Advisory Committee in 2025 was held in Beijing on June 24. The members suggested that the new generation of data resource system should be continuously improved; the promotion of the "government-enterprise collaboration" public data authorization operation model should be increased, and an inclusive data service platform should be built to promote the development and growth of data industry entities; a data circulation and utilization facility base should be built, and the implementation of the national AI high-quality data set construction project should be accelerated to improve the level of docking between artificial intelligence data rules and international standards; a fair and transparent data value assessment, pricing, transaction and income distribution model should be designed, and the scope, purpose and delivery method of data use should be agreed upon through smart contracts, and the full-link management, control and traceability of data operations should be explored.June 27, according to people familiar with the matter, the European Union and the United States believe that they can reach some form of trade agreement before the July 9 deadline. European Commission President Ursula von der Leyen told EU leaders behind closed doors at a summit on Thursday that she was confident that a deal could be reached before the deadline to avoid an escalation of the conflict that would damage the economy. Von der Leyen said the Trump administration shared a new proposal this week. During the discussion, the tone of the leaders shifted, with many expressing a willingness to accept a certain degree of imbalance in the trade agreement to avoid trade escalation. According to people familiar with the matter, Thursdays leaders debate did not reveal the degree of imbalance that the groups countries were prepared to endure. The EU has been seeking to reach a mutually beneficial agreement, but will evaluate any final outcome and decide at this stage the degree of asymmetry it is willing to accept.
