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On March 31, it was reported that the Standing Committees of the Peoples Congresses of Shanghai, Jiangsu, Zhejiang, and Anhui provinces and municipalities respectively passed the "Regulations on Promoting One-Stop Online Government Services in the Yangtze River Delta Region" on March 26, 27, and 31. The regulations for the three provinces and one municipality will come into effect on May 1, 2026. These regulations represent another significant achievement in the collaborative legislation safeguarding the integrated development of the Yangtze River Delta region. They are the first regional collaborative legislation in the field of government services nationwide, and an important piece of legislation for consolidating the achievements of the Yangtze River Delta integration reform, improving governance efficiency, and supporting reform and innovation through the rule of law. With the passage of these regulations, there are now a total of seven fully collaborative legislations for the Yangtze River Delta region.On March 31, local time, the Iranian Islamic Revolutionary Guard Corps (IRGC) issued a statement saying that in the 88th round of Operation True Commitment-4, Iran used missiles such as the Imad, Khorramshahr-4, and Qader to strike targets in central, southern, northern, and core areas of Israel, including Tel Aviv, Beersheba, the Galilee, the Negev, Arad, and the southern Dead Sea region. The statement also targeted the gathering place of Israeli military commanders in Benebelak and the Ternov airbase. The statement further claimed that the IRGC Navy and Aerospace Forces launched a joint operation, using attack drones and missiles to strike hideouts and drone control centers at US airbases Zafra, Victoria, and Ali Salim. The statement asserted that Iran has developed a long-term plan to deplete the strength of Israel and US forces in the region.On March 31, at a meeting to promote the ten-year fishing ban on the Yangtze River, the Ministry of Agriculture and Rural Affairs released the "Bulletin on Aquatic Biological Resources and Habitat Status in the Yangtze River Basin (2025)." The bulletin shows that the overall recovery of aquatic life in the Yangtze River is positive, and the fishing ban has achieved significant results. Since January 1, 2021, a ten-year permanent fishing ban has been implemented in key waters of the Yangtze River Basin. Currently, the recovery trend of aquatic biological resources in the Yangtze River is consolidating and improving, and the level of species diversity continues to rise. From 2021 to 2025, a total of 351 native fish species were monitored in the Yangtze River Basin, an increase of 43 species compared to the period before the fishing ban (2017-2020). The bulletin shows that in 2025, the overall water quality of the Yangtze River and its tributaries will be excellent, with 98.9% of the sections meeting Class I-III water quality standards, an increase of 0.3 percentage points compared to 2024.On March 31st, it was reported that BaWangChaJis total GMV reached 31.58 billion yuan in 2025, a year-on-year increase of 7.2%. Full-year net revenue was 12.91 billion yuan, with adjusted net profit of 1.91 billion yuan. Adjusted net profit for the fourth quarter of 2025 was 100 million yuan, marking 12 consecutive quarters of profitability. In the fourth quarter, BaWangChaJi added 115 stores, including 83 overseas stores, bringing the total number of stores to 7,453.Microsoft (MSFT.O): Has worked constructively with the UK antitrust regulator to reach an agreement on relevant adjustments to the cloud computing market.

S&P 500 Gains Ground Ahead Of CPI Data

Jimmy Khan

Dec 13, 2022 17:11


At the beginning of the week, stocks rise

As traders got ready for tomorrow's CPI report, the S&P 500 crept closer to the 3960 mark. The tech-heavy NASDAQ Composite was up by 0.35% in the meanwhile.


Energy stock rebounds are the main factor today. WTI oil was able to surpass the $73 mark as markets concentrated on the Keystone pipeline interruption. In today's trading, APA Corporation, EQT Corporation, and Schlumberger are all up 3–4%.


Even while Treasury yields have increased, tech stocks are also increasing. Although Microsoft is up approximately 2% today, the recovery in tech equities is mainly among the companies with smaller market capitalization.


As traders continue to be concerned about declining demand for the company's products, Tesla is among the worst losers today. Currently, Tesla stock is attempting to hit the $166 level, which marks the yearly lows.


The fact that the CPI report is being issued tomorrow before the Fed Interest Rate Decision suggests that it will have a significant effect on the market. Analysts anticipate that November's inflation rate will drop from 7.7% in October to 7.3%. Data on inflation will have a significant impact on the market, and traders should be ready for quick changes.