• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 19th, Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology, stated at the opening ceremony of the 2026 World Robot Conference that the operating revenue of large-scale robotics enterprises will exceed 300 billion yuan by 2025, with an average annual growth rate of over 20% in the past five years. In the first half of this year, revenue reached 165.5 billion yuan, a year-on-year increase of 24.5%. Robotics technology and products have been widely applied in all aspects of national economic and social development, becoming an important force driving high-quality development. The Ministry of Industry and Information Technology will focus on key industries with broad application space and strong demonstration effects, such as agriculture, healthcare, elderly care, and emergency response, and will organize categorized collaborative research and development between industry and application, conduct on-site application verification, and promote mature scenarios to accelerate the iteration and upgrading of new technologies and products through large-scale application in new scenarios.According to the official measurement of the China Earthquake Networks Center, a 3.7-magnitude earthquake occurred at 13:22 on August 19 in Haixi Prefecture, Qinghai Province (37.84 degrees north latitude, 95.62 degrees east longitude), with a focal depth of 10 kilometers.On August 19, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held talks with Chilean Foreign Minister Pérez in Beijing. Wang Yi stated that China and Chile should maintain exchanges at all levels, consolidate high-level mutual trust, and continue to support each other on issues involving their core interests. China is willing to deepen cooperation with Chile around the APEC "Year of China" and accelerate the construction of the Asia-Pacific Community and the Asia-Pacific Free Trade Area. Both sides should strengthen the alignment of development strategies, steadily advance existing cooperation projects, further explore the potential for cooperation in areas such as artificial intelligence and the digital economy, and promote the upgrading of cooperation. They should enhance communication and collaboration, jointly advocate and practice genuine multilateralism, safeguard the international system with the United Nations at its core, play a constructive role in world peace and development, and promote the building of a community with a shared future for mankind.According to Al Arabiya TV: Iranian Parliament Speaker Qalibaf has arrived in Baghdad and will meet with Iraqi officials.On August 19th, the Zhuque-3 reusable launch vehicle successfully sent the "Honghu 03" satellite into its predetermined orbit from the Dongfeng Commercial Aerospace Innovation Test Zone, and also completed my countrys first-ever land-based recovery of the first stage landing gear of a launch vehicle. More than 1,000 kilometers from the launch site in Yizhuang, Beijing, the nations first open commercial aerospace tracking, telemetry, and command (TT&C) sharing platform—the Beijing Rocket Street Commercial Aerospace Intelligent TT&C Center—was officially launched that day, and conducted full-process tracking and control of the satellite and launch vehicle for this historic launch mission, achieving "Yizhuang rocket, Yizhuang satellite, Yizhuang TT&C."

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.