Real-time News

UK BRC total retail sales rose 1.2% year-on-year in December, up from 1.4% in the previous month.

Federal Reserve's Williams: Markets have difficulty pricing in uncertain events.

UK BRC same-store retail sales rose 1% year-on-year in December, compared with 1.20% in the previous month.

Federal Reserve's Williams: The best way to boost confidence in the Federal Reserve is to do its job well.

Federal Reserve's Williams: Strong productivity growth echoes past periods of prosperity.

Federal Reserve's Williams: It's good for the economy for the Federal Reserve to pay interest on reserves.

New Energy Vehicles: 1. He Xiaopeng: XPeng Motors' overseas and domestic sales ratio is expected to reach 1:1 in the future. 2. SAIC Motor President Jia Jianxu visited Huawei's Ren Zhengfei to discuss further deepening cooperation on the Shangjie brand. 3. The Ministry of Commerce reported on the progress of the Sino-EU electric vehicle case negotiations; the EU will release guidance documents for price undertaking applications. Artificial Intelligence: 1. Meta established Meta Compute to build large-scale computing infrastructure. 2. StrongBrain Technology submitted its Hong Kong IPO application; sources close to the company confirmed the news. 3. Nvidia and Eli Lilly will jointly invest $1 billion over the next five years to establish an AI drug laboratory. 4. Apple chose Google's Gemini to power Siri, launched this year. Musk hinted at Google's alleged monopoly. 5. OpenAI: We acquired Torch, a medical startup that integrates lab results, drugs, and medical records. Other: 1. Meta plans to lay off approximately 10% of its Reality Labs staff. 2. Micron: The memory supply shortage may continue until 2028. 3. Paramount sues Warner Bros., demanding disclosure of details of its deal with Netflix. 4. Two mandatory national standards (draft for approval), including the "Safety Technical Specifications for Mobile Power Banks," are open for public comment. 5. Counterpoint: Global smartphone shipments are projected to grow by 2% year-on-year in 2025, with Apple holding a 20% market share, ranking first. 6. Lihong-1 completes its first suborbital flight test, marking China's first commercial spaceflight test involving a 100-kilometer suborbital parachute recovery. 7. Haihe Brain-Computer Lab: Developing a fifth-generation space station-based brain-computer interface system in the aerospace field, completing the first-ever "space brain-computer interface experiment."

Federal Reserve's Williams: The demographic challenge is becoming apparent globally.

Federal Reserve's Williams: The U.S. financial system is extremely important to the world.

Iran's cyberspace management agency said on the 12th that internet access in Iran will remain restricted until the national security situation is confirmed to have returned to normal. The specific time for resumption is yet to be announced, and the lifting of the internet ban requires further consideration.

Federal Reserve's Williams: The US dollar remains the world's reserve currency.

Federal Reserve's Williams: Global interconnectedness in the financial sector deserves a certain degree of coordination.

Federal Reserve's Williams: New York City has largely recovered from the pandemic, and its economy is strong and vibrant.

The local governor said that Russia launched an attack on the outskirts of Kharkiv, Ukraine's second-largest city, killing one person.

Federal Reserve's Williams: Fully acknowledges the importance of central bank independence. Weakening central bank independence would lead to disastrous economic consequences.

Federal Reserve's Williams: Powell has proven his impeccable integrity.

Japanese Finance Minister Satsuki Katayama: I have held bilateral talks with U.S. Treasury Secretary Bessenter. I have expressed Japan's concerns about the unilateral depreciation of the yen to U.S. Treasury Secretary Bessenter.