Real-time News

January 4th - According to data released by the Ministry of Transport on January 4th, the total number of cross-regional passenger trips during the 2026 New Year's Day holiday (January 1st to 3rd) reached 595 million, with an average of 198 million trips per day, representing a 19.62% increase compared to the same period in 2025.

Starlink: Starlink will provide free broadband service to the Venezuelan people until February 3.

Delta Air Lines: Will resume flights to and from 13 previously affected airports in the Caribbean.

January 4th - Legal experts question whether the US would face any substantial accountability even if its actions in Venezuela were illegal, citing the lack of enforcement mechanisms under international law. Jeremy Paul, a professor of constitutional law at Northeastern University, stated, "It's difficult to see any legal body able to impose actual penalties on the government."

On January 4th, international law experts stated that the Trump administration's claim that the operation was both a targeted law enforcement mission and a prelude to long-term US control over Venezuela confounds legal issues. Jeremy Paul, a professor of constitutional law at Northeastern University, said, "You can't say it's a law enforcement operation and then turn around and say we need to govern this country. That simply doesn't make sense." Legal experts believe that drug trafficking and gang violence are considered criminal activities and do not meet the internationally recognized standards for instigating armed conflict, therefore there is no justification for military action. Matthew Waxman, a law professor at Columbia University specializing in national security law, stated, "A criminal prosecution alone is insufficient to authorize the use of military force to overthrow a foreign government, and the government is likely to attribute this to the theory of self-defense."

On January 4th, former US Vice President and former Democratic presidential candidate Kamala Harris issued a statement on January 3rd regarding the situation in Venezuela, explicitly opposing the US military action to overthrow Venezuelan President Maduro's regime. Harris stated that US military action against Venezuela would be "wrong and unwise." She emphasized that such action would be neither legal nor would it make the US "safer, stronger, or more affordable for the American people."

According to a report from Futures on January 4th, Enterprise Singapore (ESG) reported that Singapore's light distillate fuel oil inventories increased by 846,000 barrels to a 36-week high of 15.536 million barrels in the week ending December 31, 2025.

According to a report from Futures on January 4th, Enterprise Singapore (ESG) reported that Singapore's middle distillate fuel oil inventories increased by 198,000 barrels to a two-week high of 8.229 million barrels in the week ending December 31, 2025.

January 4th - According to the China State Railway Group, in 2025, the national railway system completed 4.255 billion passenger trips, a year-on-year increase of 4.2%, with a peak day passenger volume of 23.132 million, setting a new historical record. In 2025, the national railway system completed 4.066 billion tons of freight transport, a year-on-year increase of 2.1%, achieving growth for the ninth consecutive year, with daily freight loading exceeding 200,000 wagons for the first time.

January 4th - On January 4th, the Beijing Municipal Government Information Office held a press conference on Beijing's air quality. The Beijing Municipal Ecology and Environment Bureau reported that in 2025, the number of days with good or excellent PM2.5 levels will reach 348, an increase of 144 days compared to 2013, nearly five months more. The percentage of days with good or excellent PM2.5 levels will increase from 55.9% to 95.3%. In particular, from March to October 2025, PM2.5 levels will remain at good or excellent levels for 227 consecutive days, lasting nearly eight months, far exceeding the 13 days in 2013, marking the highest number since monitoring began.

On January 4th, it was reported that on the evening of January 3rd local time, a video posted on his social media account by Fox News writer and American lawyer Paul Mauro showed Venezuelan President Maduro appearing at the DEA headquarters in New York and saying, "Good evening! Happy New Year!" after being reminded by someone. The White House quickly responded with the caption "Perp walked."

According to China State Railway Group Co., Ltd., during the 2026 New Year's Day holiday (January 1 to January 3), the national railway system transported a total of 48.087 million passengers.

January 4th - According to statistics from Haikou Customs, during the New Year's Day holiday (January 1st to 3rd, 2026), Haikou Customs supervised the sale of 442,000 duty-free goods, an increase of 52.4% year-on-year; the number of shoppers reached 83,500, an increase of 60.6% year-on-year; and the total shopping amount reached 712 million yuan, an increase of 128.9% year-on-year.

1. Luxshare Precision: The company's core business is progressing smoothly and proceeding normally according to plan. There are no abnormal circumstances affecting the company's normal operation and development. 2. XPeng Motors: The new XPeng P7+ and G7 will be officially launched in China on January 8th. 3. NIO's Li Bin: The company plans to have over 4,600 battery swapping stations by 2026. 4. CATL revealed that it will have built nearly 4,000 battery swapping stations by 2026. 5. Israel Automobile Importers Association: Chery Jetour 7 will be the best-selling Chinese car in 2025. 6. China's space launches will reach a record high in 2025. 7. Several new rockets will make their maiden flights and attempt recovery in the first year of the 15th Five-Year Plan.

On January 4th, the National Bureau of Statistics released data showing that, according to monitoring of market prices for 50 key production materials across nine categories in the national circulation sector, compared to mid-December 2025, prices for 18 products rose, 28 fell, and 4 remained unchanged in late December. Among them, the price of live pigs (three-way crossbred) increased by 1.7% month-on-month.

1. Ukrainian Deputy Prime Minister: Ukraine plans to join the EU in 2030. 2. Ukrainian President says there are no immediate plans to change the Commander-in-Chief of the Armed Forces. 3. Trump expresses dissatisfaction with Putin, saying the death toll is too high. 4. Trump: I think we are making progress in the conflict between Russia and Ukraine. 5. European leaders and Ukrainian President Zelensky will meet with a US delegation in Paris on January 6. 6. Zelensky: Proposes that Ukrainian Prime Minister Shmyhal be appointed as Ukraine's Energy Minister and calls on parliament to support it. 7. Russian Ministry of Defense: Russian troops have occupied Bondarny in the Donetsk region of Ukraine. 8. Ukrainian Ministry of Energy reports a power outage at the Zaporizhia nuclear power plant.

The People's Bank of China (PBOC) announced today that it conducted 36.5 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 36.5 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.

On January 4th, futures market news indicated uncertainty in crude oil price movements and lackluster gasoline and diesel sales. The limited directional guidance from news regarding fuel oil led market participants to maintain a wait-and-see attitude. From a supply and demand perspective, while major refineries' pre-holiday inventory reductions eased some pressure, downstream demand remained sluggish, resulting in insufficient support for a positive market outlook. Downstream buyers remained cautious, prioritizing only essential needs. Overall, the fuel oil market presented a mixed picture of news and supply/demand dynamics. It is expected that most market participants will maintain stable prices and focus on observation this week, awaiting further market guidance.