• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 2nd, it was reported that on November 3rd, 2025, the Shenzhen Intermediate Peoples Court of Guangdong Province sentenced five members of the Bai family criminal gang—Bai Suocheng, Bai Yingcang, Yang Liqiang, Hu Xiaojiang, and Chen Guangyi—to death for crimes including intentional homicide, intentional injury, fraud, drug trafficking, drug manufacturing, kidnapping, and operating a casino, along with corresponding supplementary penalties. Following the first-instance verdict, Bai Suocheng died of illness, and the other defendants appealed. After a hearing, the Guangdong Provincial Higher Peoples Court ruled on December 24th, 2025, to reject the appeals and uphold the original verdict, submitting it to the Supreme Peoples Court for review in accordance with the law.On February 2nd, Guotou Silver LOF resumed trading and hit the daily limit down, with the premium narrowing to 43.8%. Previously, the Shenzhen Stock Exchange stated that some investors had engaged in abnormal trading behavior that affected the normal trading order of funds such as "Guotou Silver LOF," and self-regulatory measures such as suspending trading were taken against the relevant investors. This morning, several precious metal-themed LOFs weakened, with gold-themed LOFs and gold LOFs both falling by more than 7%, and Harvest Gold LOF falling by more than 6%.February 2nd - On Monday, a group of civilians, including former lawmakers, filed a new impeachment lawsuit against Philippine Vice President Sara Duterte, accusing her of misusing government funds and breaching public trust. According to parts of the complaint filed with the House of Representatives, Duterte, who has a long-standing feud with President Marcos, orchestrated "an unprecedented frenzy of secret spending without justification or control" and "disregarded Congresss oversight power" when asked to explain. Last year, an impeachment lawsuit against the vice president failed after the Supreme Court ruled it unconstitutional.On February 2nd, the Guangdong Provincial Development and Reform Commission issued the "Guangdong Province 2026 Work Plan for Optimizing a Market-Oriented First-Class Business Environment." The notice proposes facilitating market access for new business models and fields. It implements a "non-prohibited is permitted" policy outside the negative list for market access, and further implements special measures to relax market access in Shenzhen, Hengqin, and Guangzhou Nansha. It optimizes the market access environment in the low-altitude airspace, establishes a collaborative management mechanism for low-altitude airspace between the military, civilian, and government, and improves the low-altitude infrastructure system, including general aviation airports and drone landing pads. It supports Guangzhou, Shenzhen, Hengqin, and other regions in promoting road testing and demonstration applications of intelligent connected vehicles, and promotes cross-regional mutual recognition of road test results and licenses. It promotes the application of intelligent connected vehicles in scenarios such as unmanned delivery, scenic area shuttles, logistics transportation, and intelligent sanitation. It supports eligible regions in relaxing market access restrictions for pharmaceuticals and medical devices, and improves management standards for the research and development and application of various new drugs and medical device technologies.A Japanese government spokesperson said that Prime Minister Sanae Takaichi stated that she hopes to build a strong economy capable of withstanding foreign exchange fluctuations.

NZD/USD falls rapidly from 0.6260 when the RBNZ announces a decline in inflation projections to 3.07 percent

Daniel Rogers

Aug 08, 2022 12:00

 截屏2022-08-08 上午11.52.29.png

 

The NZD/USD pair has encountered selling pressure while attempting to surpass the immediate resistance level of 0.6260. The asset has seen bids after the Reserve Bank of New Zealand (RBNZ) announced inflation estimates at 3.07 percent, down from 3.29 percent previously. It could be an indication of waning price pressure, but additional evidence is still needed to support the argument.

 

Price pressures in the New Zealand economy are increasing and have not yet shown signs of weariness. A June report indicates that an inflation rate of 7.3% is adequate to generate headwinds for families. The RBNZ is consistently escalating its policy tightening measures to combat the same. RBNZ Governor Adrian Orr has already increased the Official Cash Rate by 2.50 percentage points.

 

On the front of the US dollar, the US dollar index (DXY) has returned all intraday gains and is currently trading near the day's open at 106.60. While attempting to break over the crucial resistance level of 106.80, the DXY has encountered selling pressure. This week, investors' attention is centered on Wednesday's release of the US Consumer Price Index (CPI).

 

The annual inflation rate is projected to continue at 8.7 percent, down from 9.1 percent in the previous report. Oil prices have been on a downward trend in July, which may be the determining factor for a significant decline in the price increase index. While the US CPI excluding volatile food and oil prices may increase from 5.9 percent to 6.1 percent, the previous reading was 5.9 percent.