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August 29th – The 2026 China International Big Data Industry Expo is being held in Guiyang, Guizhou. Today, an official from the National Data Administration stated at the expo that the rapid application of big data models across various industries is driving a rapid increase in the volume of word token calls in my country, resulting in explosive market demand. Liu Liehong, Director of the National Data Administration, stated at a word token-themed exchange activity that the stronger the model's comprehensive capabilities, the higher the efficiency of word token production, and the better the logic, accuracy, and quality of the output content. Word tokens provide an important benchmark for the measurement, pricing, transaction, and settlement of artificial intelligence services. Currently, the word token industry chain has gathered diverse entities such as computing power leasing companies, model manufacturers, data service providers, and professional technical service institutions, and different types of "word token factories" have evolved in practice.

The Iranian government stated that it is committed to resolutely resisting US sanctions, and that diplomacy and defense are "complementary and inseparable."

Nepal's Finance Minister: Nepal needs $4 billion to $5 billion for disaster reconstruction.

August 29th - Although Typhoon Saudel, the 18th typhoon of the year, has weakened into a tropical depression, its impact continues. Currently, the center of the weakened tropical depression is located in Jiangxi Province. Today, parts of northern, central, and southern Jiangxi will experience heavy rain, with some areas experiencing torrential rain. At the same time, winds will increase across the province. The Central Meteorological Observatory continued to issue a yellow alert for heavy rain at 10:00 AM on August 29th: It is expected that from 2:00 PM on August 29th to 2:00 PM on August 30th, parts of northeastern Inner Mongolia, western and northern Heilongjiang, central and northern Anhui, northern Jiangsu, eastern and southern Hunan, western and southern Jiangxi, southwestern Yunnan, northeastern Guangxi, northwestern and southern coastal Guangdong, western Hainan Island, eastern Taiwan Island, and eastern Sichuan Basin will experience heavy to torrential rain. Among these areas, parts of northern Anhui, northern Jiangsu, southern Hunan, and northeastern Guangxi will experience torrential rain, with some areas in southern Hunan experiencing extremely heavy rain (250-270 mm). The aforementioned areas will experience short-term heavy rainfall (maximum hourly rainfall of 20-50 mm, locally exceeding 70 mm), and some areas will experience severe convective weather such as thunderstorms and strong winds.

On August 29th, according to "Optics Valley of China," Wuhan Xinxin Semiconductor Manufacturing Co., Ltd. (Wuhan Xinxin) released its "Chip-Optics Plan." Over the next ten years, the company will be strategically guided by "optical sensing interconnection and 3D in-memory computing," building an internationally competitive specialized process wafer manufacturing and 3D integration industrial platform. It aims to create the leading industry cluster in "3D Link-Optoelectronic Fusion-SOI," striving to quadruple its production capacity, drive the coordinated development of a trillion-yuan-level upstream and downstream industrial chain ecosystem, and attract and cultivate over 10,000 high-end semiconductor talents.

August 29th - The State Administration for Market Regulation released data today (August 29th) showing that 35,000 new foreign-invested enterprises were established nationwide in the first half of the year, a year-on-year increase of 7.0%. In terms of investment regions, the growth of foreign-invested enterprises in major export provinces and border provinces was driven by both. In the first half of the year, the growth rates of newly established foreign-invested enterprises in major export provinces such as Hainan, Shandong, Guangdong, and Jiangsu were 38.6%, 15.2%, 8.1%, and 6.8%, respectively; while the growth rates in border provinces such as Heilongjiang, Inner Mongolia, Guangxi, and Jilin reached 79.5%, 29.1%, 16.6%, and 12.0%, respectively.

On August 29th, it was reported that a landslide dammed lake had formed near the confluence of the Tsogyal River in Nepal and the Purupuqiangzangbu River in my country, caused by the mudslide that occurred on the Nepalese side on August 26th. According to satellite remote sensing imagery taken at 7:38 AM on August 29th, the surface area of the Purupuqiangzangbu landslide dammed lake was 99,000 square meters, a decrease of 5,000 square meters compared to 12:00 PM on the 28th and a decrease of 21,000 square meters compared to the 27th. This indicates that the landslide dam is slowly overflowing and the water volume is gradually decreasing.

On August 29th, OpenAI announced on its X platform that it will be terminating its partnership with its AI programming assistant Cursor following its acquisition by SpaceX. In another post on its website, OpenAI stated that it had notified Cursor of the phased termination of the contract, with a proposed shutdown date of November 12th. The post read, "We made this choice because, based on past experiences of Musk's companies breaching contracts, we cannot be certain that SpaceX will use our technology within the scope of our terms of service."

Nepalese police: The death toll from the Nepal floods has risen to 626.

August 29th - The Center for Space Application Engineering and Technology, Chinese Academy of Sciences, announced a significant breakthrough in my country's Earth-Moon laser communication experiment. China successfully established a two-way laser link across a distance exceeding 400,000 kilometers between the Earth and the Moon, achieving high-speed two-way laser communication between the two worlds for the first time. This marks my country's official entry into lunar space communication from near-Earth orbit.

August 29th - The approval rating for the Takaichi Cabinet in Japan has continued to decline recently. The latest opinion poll by the Mainichi Shimbun shows the Takaichi Cabinet's approval rating at 41%, a new low since he took office. Japanese political and economic scholar Kazuyuki Hamada stated that the growing public anxiety about the economic outlook, coupled with the Takaichi Cabinet's inaction, could further damage his approval rating.

The European-Mediterranean Seismological Centre reported that a 4.9-magnitude earthquake struck off the coast of Northern California, USA, at a depth of 10.0 kilometers.

August 29th - US President Trump: New York Governor Kathy Hozul supports Canada, not the United States, and Canada has been taking advantage of New York for years, especially during her tenure. Can you imagine her saying she doesn't respect or recognize "American Lakes"? This is why the "stupid Democrats" are so harmful to our country. Vote for Bruce Blackman as Governor of New York. He has my complete and utter support and will never let you down!

On August 29th, CICC pointed out that Federal Reserve Chairman Warsh's speech at Jackson Hole was hawkish: he acknowledged that inflation remained high, clarified that interest rates would remain the primary policy tool, and stated that he would "act as needed." He also cited economic resilience, stable employment, and loose financial conditions as evidence that current policy risks are more skewed towards inflation. He also attributed the 65-month period of excessive inflation to the central bank itself, correcting his ambiguous statement in July that "the market should raise rates in place of the Fed." CICC believes this speech helped rebuild the Fed's credibility, and the market began trading on the marginal repair of policy credibility afterward. In the long term, Warsh still maintains that AI may reshape the economic and policy framework and continues to push for reforms such as reducing forward guidance. For the market, this statement increased the probability of a Fed rate hike this year, but even so, it is not necessarily purely negative. The market currently does not lack liquidity, but rather policy discipline and predictability. As long as inflation can be suppressed in a timely manner, it will actually benefit the market in the medium term.

August 29th - According to the latest data released by the Nepalese police, as of 6:00 AM local time on the 29th, the death toll from flash floods in northern Nepal has risen to 616. Flash floods struck the Rasuwa district in northern Nepal on the 26th. On the 26th, the Nepalese government decided, in accordance with relevant laws, to designate some local administrative units in the affected areas as disaster crisis zones for a period of three months, in order to concentrate relief resources, strengthen personnel management, and advance post-disaster recovery work.

On August 29, U.S. Central Command Commander Brad Cooper stated on August 28 that approximately 50,000 U.S. troops are currently deployed in the Middle East, many of whom are enforcing the naval blockade against Iran. He also stated that since the blockade was reinstated in mid-July, more than 20 warships have been maintaining it.

OpenAI: Due to Cursor's acquisition by SpaceX, we will terminate our partnership with it. Based on our proposal, Cursor's direct access to our models will end on November 12th.

According to the Wall Street Journal, U.S. officials say that U.S. Patriot and ATACMS missile stockpiles in Europe have fallen below critical levels.

On August 29th, the U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to pay $172,539 for illegally trading on a prediction market platform using advance access to Trump's speeches. Under the settlement agreement with the CFTC, Perez must return $107,539.02 in illicit gains and pay a $65,000 civil penalty. He also agreed to a three-year trading ban and pledged to cease and not violate the Commodity Exchange Act and CFTC regulations. The CFTC stated that Perez traded Trump "mention market" contracts on the Kalshi platform between December 2025 and February 2026, while serving in the White House. These contracts are event-based contracts, with payouts determined by whether the president uses specific words or phrases in his speeches.

On August 29th, Li Yu-jia, chief researcher at the Guangdong Provincial Housing Policy Research Center, explained that the next period will be one of coexistence of pre-sales and completed sales. The threshold for pre-sales will be gradually raised to narrow the gap between pre-sales and completed sales, reducing the costs and growing pains of reform, and ultimately facilitating a smooth transition to completed sales. Regarding increased financing support, the "Notice" proposes implementing a lead bank system, whereby a single bank or syndicate is designated as the lead bank for each project. This aims to meet the reasonable financing needs of real estate projects and establish a mechanism for shared benefits and risks between the lead bank and the project company. It also allows for the use of aggregated land use rights as collateral to apply for development loans. Furthermore, it supports real estate companies in financing through equity, bonds, and other means to ensure that development loan disbursements match the project construction cycle.