• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 29th, at the 2026 Global Digital Economy Conferences Space Computing Forum, the Beijing Space Computing Innovation Center was officially unveiled, positioned as the first space computing innovation center in China with the core mission of connecting the industry chain and coordinating upstream and downstream sectors. According to reports, the Beijing Space Computing Innovation Center adopts a dual-drive model of "company + alliance," integrating the entire stack of "chips—hardware—platforms—intelligence—networks—applications" to systematically build a native space computing industry system. The center will focus on six key research directions across the entire space computing industry chain: design and development of native space computing chips, high-performance ultra-bandwidth space computing payloads, satellite platforms and ground verification infrastructure, large-scale model deployment and software/hardware co-optimization, key technology development for integrated space-ground cloud platforms, and satellite application technology innovation and scenario verification.Tip: Burnham, a potential successor to the British Prime Minister, speaks on the British economy and decentralization.Indias industrial output rose 5.1% year-on-year in May, compared with market expectations of 4.5%.On June 29th, the 2026 "Marine New Infrastructure" Integration and Development Conference was held at the Zhuhai International Convention and Exhibition Center. The conference released the "Zhuhai Action Plan for the Construction of Marine New Infrastructure" and a list of the first batch of 33 investment opportunities, constructing a core framework of "five intelligences and one core" (intelligent navigation, intelligent resources, intelligent connectivity, intelligent control, intelligent industry, and one core). Simultaneously, the Marine New Infrastructure Industry Alliance was officially established, and the collaborative construction of the "Greater Bay Area Marine Data R&D Center" was launched. Zhuhai proposes that by 2028, it will have fully established a modern marine new infrastructure system that deeply integrates physical, digital, and ecological spaces, becoming a national pioneering demonstration city for marine new infrastructure and laying a solid foundation for the high-quality development of the marine economy.June 29 – According to Iranian sources on the 29th, Iranian Deputy Foreign Minister Gharibabadi stated that there are currently no plans to hold technical talks this week regarding a ceasefire memorandum of understanding. In an interview, Gharibabadi emphasized that although consultations with Qatar and other parties are proceeding as planned, the news that the working groups technical talks will be held in Doha cannot yet be confirmed. Once the relevant conditions are met and all parties agree on the date and location of the talks, Iran will participate in the first round of technical talks within the framework of the designated working group. These consultations are currently being conducted through intermediary countries.

WTI advances toward $75.00 as China-related demand optimism offsets recession fears

Daniel Rogers

Jan 09, 2023 11:55

244.png 

 

In the early hours of Monday, WTI steadily climbs near the intraday high of $74.70 as bullish emotion competes with economic slowdown worries. Despite this, the weaker US Dollar and a light schedule allow buyers of black gold to maintain control following Friday's mixed performance.

 

In spite of this, the risk profile remains elevated in light of China's reopening of its borders after a three-year closure. On the same line, Guo Shuqing, party secretary of the People's Bank of China, made his remarks (PBOC).

 

Reuters, transmitting China unlock news, claimed that "about 2 billion journeys are anticipated this season, roughly doubling the volume of previous year, and recovering to 70% of 2019 levels," citing a statement from the Chinese government.

 

On the other side, PBOC's Shuqing stated, "The world's second-largest economy is likely to recover rapidly due to the country's optimal Covid-19 response and the continued implementation of its economic policies."

 

The US Dollar Index (DXY) fell the most in three weeks the day before, down 0.20% intraday to 103.70 as of press time, as the US employment report failed to excite greenback purchasers and the US activity numbers stoked fears of an economic slowdown. It's worth mentioning that the previous day's disappointing US wage growth, ISM Services PMI, and Factory Orders weighed on Treasury bond yields and the DXY.

 

On a different page, reports regarding a delay in the restoration of the colonial pipeline and the Russia-Ukraine conflict appear to also benefit energy buyers. Traders fear additional rate hikes ahead of the release of the Consumer Price Index (CPI) for December from China and the United States on Wednesday and Thursday, respectively, which tests the positive momentum.