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Li Auto (02015.HK): The company will announce its financial results for the fourth quarter and full year of 2025 on March 12, 2026.On February 27th, Deng Zhiyong, Deputy Director of the State Administration for Market Regulation and Director of the National Standardization Management Committee, introduced at a State Council policy briefing that the next step will be to further address "involutionary" competition with higher requirements and more concrete measures, promote a better combination of an effective market and a capable government, and provide a solid guarantee for the in-depth advancement of the construction of a unified national market and the achievement of high-quality development. Deng Zhiyong stated that in terms of investigating and punishing illegal activities, the State Administration for Market Regulation has focused on regulatory enforcement, conducted cost verification and enforcement inspections in key industries, deployed nine special rectification actions, investigated and handled typical cases of live-streaming e-commerce such as "Chengdu Kuaigou," held talks with major platform companies to urge them to remove "lowest price across the entire network" activities, stopped controversial rules such as "refund only," investigated and handled a series of cases involving "ghost delivery" and "ghost online stores," and increased the exposure of typical cases to create a strong deterrent, achieving the governance effect of "investigating one case, warning a group of companies, and standardizing an industry."The European Central Banks 3-year CPI forecast for the Eurozone in January was 2.6%, down from a forecast of 2.50% and a previous reading of 2.60%.The European Central Banks 1-year CPI forecast for the Eurozone in January was 2.6%, down from a forecast of 2.70% and a previous reading of 2.80%.Germanys seasonally adjusted unemployment rate in February was 6.3%, compared to a forecast of 6.30% and a revised figure of 6.3% for the previous month.

Oil prices rise due to anticipated OPEC supply cuts

Skylar Williams

Aug 25, 2022 10:50

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Despite dismal economic signals from central bankers and a decrease in equities prices, oil prices increased in early Asian trade on Wednesday on Saudi Arabia's proposal that the Organization of the Petroleum Exporting Countries (OPEC) may consider a production cut.


U.S. crude prices rose 34 cents to $95.23 per barrel at 00:16 GMT, while Brent crude futures rose 51 cents to $101.73 per barrel.


Wednesday marked a three-week high for both benchmark crude oil contracts after the Saudi energy minister hinted at a possible supply cut.


Later, OPEC sources told Reuters that any cut by OPEC and its allies, known collectively as OPEC+, is expected to coincide with the return of Iranian oil to the market if Tehran obtains an international nuclear deal.


Iran reported receiving a response from the United States over the European Union's "final" language for resurrecting Tehran's 2015 nuclear agreement with major powers.


Ahead of Friday's U.S. Federal Reserve meeting, traders are seeking to predict whether the central bank will stop rate hikes or continue aggressive until it reaches its 2% inflation target.


Official numbers released on Wednesday suggested a sluggish demand for gasoline, which augurs a severe decline in economic activity.

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