Real-time News

According to US financial media Semafor: The US Senate has reached an agreement to cap the cost of insulin at $35.

Market news: The Israeli Defense Minister has approved strikes against a series of targets inside Iran.

According to military sources, airstrikes targeted positions held by the Iraqi Shiite Popular Mobilization Forces in the Al-Khem region on the Syrian-Iraqi border.

March 25th - According to Israeli sources, the Israeli military intercepted missiles launched by Iran targeting central Israel on the 25th local time. Reports indicate that Iran launched four rounds of missiles at Israel within 40 minutes. Following the missile launches, air raid sirens were sounded in several locations in central Israel, including Tel Aviv and Jerusalem. Israel is investigating to determine whether Iran used cluster munitions in the attack.

Citigroup raised its price target for Amazon (AMZN.O) from $265 to $285.

On March 25th, Deutsche Bank analyst Sanjay Raja stated in a report that given the sharp rise in energy prices, the Bank of England's return to its 2% inflation target seems a distant memory. He said, "The rebound in inflation will end any discussion of interest rate cuts this year. Moreover, the risk that the Bank of England might change policy and raise interest rates can no longer be ignored." Raja noted that oil prices rose nearly 7% in March, and a similar increase is possible in April. Potential spillover effects from other consumer price index baskets are also increasing, with fertilizer prices rising and shipping costs soaring, making a second-round effect a significant possibility. He predicts that inflation will peak at around 3.5% later this year.

Kremlin: We would welcome a visit by Russian lawmakers to the United States.

Kremlin: (Regarding negotiations on Ukraine) We hope that the United States' positive efforts will continue.

Kremlin: Russia remains open to negotiations with Ukraine.

According to Hong Kong Stock Exchange documents, Shaanxi Yuanjie Semiconductor Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

ECB Chief Economist Lane: Wage trackers are a good leading indicator of negotiating wages.

On March 25th, Times China Holdings (01233.HK) announced in Hong Kong that the Group expects its net loss attributable to owners of the Company for 2025 to be no more than RMB300 million (2024: net loss attributable to owners of the Company was approximately RMB16.61 billion). The significant decrease in net loss attributable to owners of the Company in 2025 compared to 2024 is mainly attributable to gains from overseas debt restructuring. Excluding the impact of restructuring gains, the net loss attributable to owners of the Company for the current year is expected to increase by no more than RMB5 billion compared to 2024.

UK Office for National Statistics: UK house prices rose 1.3% year-on-year in January.

UK Office for National Statistics: Private sector rents in the UK rose 3.5% year-on-year in February.

March 25th - A survey released Wednesday showed that German business confidence declined in March as the war in Iran increased pessimism about the future. The German think tank Ifo reported that its business climate index fell to 86.4 in March, down from a revised 88.4 in the previous month. Ifo President Clemens Fuest stated, "At present, the war in Iran has ended any hope of economic recovery." Furthermore, the business expectations index fell to 86.0 in March from 90.2 in February, indicating a significant increase in uncertainty among businesses.

European Central Bank Chief Economist Lane: Market dynamics suggest a jump in price levels.

ECB Chief Economist Lane: The market expects economic data to rise sharply in March and April, before returning to normal.

European Central Bank Chief Economist Lane: The PMI index shows that the economy is declining.

Fitch: Even if the conflict in Iran is resolved quickly, the demand for battery energy storage systems should still increase.