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Real-time News
June 25th - According to trade sources and shipping data, Middle Eastern fuel oil exports are expected to rebound to their highest level in four months in June as Iraq and Saudi Arabia shift crude oil supplies to other ports and cargo traffic through the Strait of Hormuz is expected to resume. This could lead to a significant drop in high-sulfur fuel oil prices at major trading hubs such as Singapore. According to data from Kpler and LSEG, Middle Eastern exports in June are expected to reach approximately 2.4 million tons (508,000 barrels per day), an increase of over 20% compared to May. However, this figure remains well below the pre-war monthly average of 5.5 to 6 million tons. Palash Jain, Middle East oil consultant at FGE NexantECA, stated, "Fuel oil traffic through the Strait of Hormuz is expected to increase over the next 60 days, but the recovery is unlikely to be significant."On June 25th, SenseTime disclosed its latest operational data for its enterprise-level TokenPlan at its shareholders meeting: Since its launch in May 2026, the usage of SenseTimes "Daily Update" large-scale model enterprise-level tokens has increased sevenfold in a single month. Regarding product ecosystem data, the disclosure revealed that the desktop AI agent Raccoon has served 20 million users and over 10,000 enterprise clients, with a WAU of 2.1 million; the AI content creation platform Seko serves over 800,000 individual creators (a fourfold year-on-year increase) and over 1,300 enterprise clients.On June 25th, the United Nations Global Technical Regulation on Automated Driving Systems (ADSGTR), jointly drafted by China, the European Union, the United Kingdom, the United States, Canada, and Japan, was officially approved and published after a vote by all contracting parties. Next, the Ministry of Industry and Information Technology will continue to deeply participate in the formulation, revision, and harmonization of international standards and regulations in the field of intelligent connected vehicles, accelerate the publication and implementation of mandatory national standards in China, and coordinate the effective alignment of international regulations and domestic standards to foster a mutually reinforcing pattern of standards and regulations development both domestically and internationally.On June 25th, the Office of the Science and Technology Commission of the Guangdong Provincial Committee of the Communist Party of China issued the "Guangdong Provincial Action Plan for Collaborative Development of Brain-Computer Interface Technology and Industry (2026-2030)". The plan mentions optimizing medical device market access services. It emphasizes strengthening technical support capabilities to accelerate the market launch of brain-computer interface medical devices. This includes supporting the development of provincial-level brain-computer interface medical device review and testing capabilities, and strengthening professional review, inspection, and testing technical personnel. It also encourages the National Medical Products Administrations Greater Bay Area branch center for medical device technical review and inspection to enhance its review capabilities and expand its brain-computer interface review qualifications. Furthermore, it calls for deepening pre-service provision, strengthening research and review collaboration, and enhancing guidance across the entire chain from R&D to registration to promote more brain-computer interface medical devices into the innovation and priority registration channels, accelerating the transformation and market launch of medical devices. Finally, it mandates that brain-computer interface-related services be included in medical service pricing items as stipulated, and that eligible medical services be included in the medical insurance payment scope.June 25th - According to foreign media reports, the Australian government has successfully pushed through parliamentary approval of property market tax reforms, betting that these reforms will make housing more affordable for young Australians. The Labor governments amendment bill, which had previously passed the Senate, was approved by the House of Representatives on Thursday. The bill restricts tax breaks for investors in existing properties and raises capital gains tax, aiming to reduce the incentive for investors to flood the market – a large influx of investors often crowds out opportunities for first-time homebuyers. Treasurer Chalmers stated, "We are taking action because inaction will trap another generation in the old paradigm, keeping them out of the housing market."
