Real-time News

Reserve Bank of Australia Governor Bullock: We must remain patient in our policy decisions.

Reserve Bank of Australia Governor Bullock: The economy is in a pretty good position, making policy decisions very difficult.

Ukrainian President Zelensky: A solemn and lasting peace is possible if the United States, Europe, the G7 countries, and Ukraine work together to provide reliable security guarantees for our people and develop a strong and unified recovery plan.

February 25th - The 21st session of the Standing Committee of the 14th National People's Congress held its first plenary meeting at the Great Hall of the People in Beijing on the afternoon of the 25th. Chairman Zhao Leji presided over the meeting. The meeting heard a report from Luo Yuan, Vice Chairman of the Constitution and Law Committee of the National People's Congress, on the revisions to the draft Social Assistance Law. The second draft improved the legislative purpose, further strengthened provisions on the protection of personal privacy and personal information, included those with genuine special difficulties in the scope of minimum living allowance assistance, and made special provisions for service-oriented assistance, among other things. To further improve relevant systems and mechanisms, curb audit fraud, regulate financial auditing order, and promote the healthy development of the certified public accountant industry, the State Council submitted a proposal to review the draft amendment to the Certified Public Accountant Law. Minister of Finance Lan Fo'an, entrusted by the State Council, gave an explanation.

On February 25th, Zhu Anqing, spokesperson for the East China Sea Branch of the China Coast Guard, stated that on February 25th, the Fujian Coast Guard conducted routine law enforcement patrols in the waters near Kinmen. Since February, the Fujian Coast Guard has organized naval fleets to continuously strengthen law enforcement patrols in the waters near Kinmen, further enhancing control over the relevant sea areas, effectively safeguarding the legitimate rights and interests and the safety of life and property of Chinese fishermen, including those from Taiwan, and effectively ensuring normal navigation and operational order in the Xiamen-Kinmen waters.

On February 25th, the Guangzhou High-Quality Development Conference was held. Feng Zhonghua, Secretary of the Guangzhou Municipal Party Committee, stated at the conference that Guangzhou will introduce an implementation plan to promote the integration of manufacturing and service industries, strive to create a national-level demonstration zone for the integrated development of these two industries, promote the service-oriented extension of manufacturing, and facilitate the platform-based and brand-oriented development of traditional industries. Feng Zhonghua stated that Guangzhou will accelerate the upgrading of industries such as new display integrated circuits towards hardware plus ecosystem, and promote the integrated development of pharmaceutical manufacturing and healthcare. Guangzhou will deepen the service industry's empowerment of manufacturing, build an efficient and precise technology service system, and a modern logistics system combining hubs and industries to better support the transformation and upgrading of manufacturing, reducing costs and increasing efficiency. Guangzhou will build an international fashion port and specialized service platforms such as a cosmetics manufacturing base to help the city's consumer industry increase variety, improve quality, and create brands.

Ukrainian President Zelensky: In our view, a new trilateral meeting between Ukraine, the United States and Russia will be held in early March.

On February 25th, HuaAn Fund Management Co., Ltd. announced that the HuaAn S&P Global Oil Index Securities Investment Fund (LOF) (stock code: 160416) will be suspended from trading from the opening of the market on February 26, 2026 until 10:30 on the same day, and will resume trading at 10:30 on February 26, 2026.

Ukrainian President Zelensky: Ukraine hopes that the leaders' summit will be held in March.

Ukrainian President Zelensky: Ukrainian negotiators will meet with US representatives on Thursday.

February 25th - According to the Hong Kong Government Information Network, the Hong Kong Special Administrative Region Government's budget was announced, outlining nine residential sites for the 2026-27 land sale plan. Together with railway property development, Urban Renewal Authority projects, private development, and redevelopment projects, the potential land supply for the year is estimated to provide for approximately 22,000 units. The Hong Kong government will continue to refrain from selling general commercial land next year.

Switzerland's ZEW Economic Situation Index for February was -2.5, compared to 0 in the previous month.

The governor of Russia's Smolensk region said that a drone attack by Ukraine killed four people.

On February 25th, the Jinan Municipal Government Information Office held a press conference to release and interpret the "Jinan City Talent Policy 'Double 30 Articles' (2026 Edition)". Among the key points, the policy focuses on supporting the introduction of talent by specialized, refined, and innovative private enterprises. While maintaining the existing talent subsidy standards of up to 150,000 yuan for doctoral graduates and up to 100,000 yuan for master's graduates, the subsidy standards for talent introduced by specialized, refined, and innovative private enterprises within five years of graduation will be increased to a maximum of 250,000 yuan for doctoral graduates and 150,000 yuan for master's graduates. At the same time, these enterprises are encouraged to introduce non-recent graduates; for talent introduced by specialized, refined, and innovative private enterprises within 5-10 years of graduation, a housing subsidy of up to 100,000 yuan for doctoral graduates and up to 70,000 yuan for master's graduates will be provided, to further support the cultivation and development of talent in technology-based and innovative enterprises.

February 25th Futures News: The following are the warehouse receipts and changes for various commodities traded on the Shanghai Futures Exchange: 1. Lead futures warehouse receipts: 59,323 tons, an increase of 946 tons compared to the previous trading day; 2. Aluminum futures warehouse receipts: 285,175 tons, an increase of 2,576 tons compared to the previous trading day; 3. Tin futures warehouse receipts: 11,738 tons, a decrease of 43 tons compared to the previous trading day; 4. Alumina futures warehouse receipts: 347,400 tons, an increase of 19,472 tons compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons, unchanged compared to the previous trading day; 6. Medium-sulfur crude oil futures warehouse receipts: 2,557,000 barrels, unchanged compared to the previous trading day; 7. International copper futures warehouse receipts: 14,218 tons, a decrease of 700 tons compared to the previous trading day; 8. Natural rubber futures warehouse receipts: 112,570 tons, unchanged compared to the previous trading day; 9. 10. Pulp warehouse futures receipts: 140,621 tons, unchanged from the previous trading day; 11. Pulp mill warehouse futures receipts: 15,000 tons, unchanged from the previous trading day; 12. Stainless steel warehouse futures receipts: 60,750 tons, unchanged from the previous trading day; 13. Low-sulfur fuel oil warehouse futures receipts: 2,780 tons, unchanged from the previous trading day; 14. Butadiene rubber futures receipts: 39,870 tons, unchanged from the previous trading day; 15. Copper futures receipts: 287,806 tons, an increase of 10,717 tons from the previous trading day; 16. Petroleum asphalt mill warehouse futures receipts: 54,110 tons, unchanged from the previous trading day; 17. Petroleum asphalt warehouse futures receipts: 23,510 tons, unchanged from the previous trading day; 18. Rebar warehouse futures receipts: 19,597 tons, unchanged from the previous trading day; Gold futures warehouse receipts totaled 105,072 kg, unchanged from the previous trading day; zinc futures warehouse receipts totaled 65,319 tons, an increase of 5,095 tons from the previous trading day; TSR20 rubber futures warehouse receipts totaled 50,601 tons, unchanged from the previous trading day; silver futures warehouse receipts totaled 355,830 kg, an increase of 5,951 kg from the previous trading day; hot-rolled coil futures warehouse receipts totaled 349,005 tons, an increase of 13,825 tons from the previous trading day; and nickel futures warehouse receipts totaled 53,177 tons, an increase of 1,253 tons from the previous trading day.