Real-time News

Shijiazhuang Pharmaceutical Group (02005.HK): The Group’s propranolol hydrochloride has been approved and registered by the China National Medical Products Administration as an active pharmaceutical ingredient for use in marketed formulations.

February 13th - In January 2026, railway construction progressed efficiently and effectively, with the national railway system completing 46.3 billion yuan in fixed asset investment, a year-on-year increase of 5.5%, effectively driving investment across society and achieving a good start to the year.

New York silver futures rose 2.00% on the day, currently trading at $77.23 per ounce.

On February 13th, Ant Group released the world's first trillion-parameter thinking model based on a hybrid linear architecture, Ring-2.5-1T. This model achieves leading open-source performance in long text generation, mathematical reasoning, and agent task execution, providing high-performance foundational support for complex task processing in the era of intelligent agents. In terms of generation efficiency, Ring-2.5-1T reduces memory access by more than 10 times and increases generation throughput by more than 3 times compared to its predecessor in scenarios generating texts longer than 32K. Regarding deep thinking capabilities, the model achieved gold medal levels in self-tests at both the International Mathematical Olympiad (IMO 2025) and the China Mathematical Olympiad (CMO 2025) (IMO 35 points, CMO 105 points). Furthermore, the model is easily compatible with intelligent agent frameworks such as Claude Code and the OpenClaw personal AI assistant, supporting multi-step planning and tool invocation.

ANZ Bank: Silver is expected to underperform gold.

Bank of Japan board member Naoki Tamura: I have always believed that Japan's neutral interest rate is at least around 1%, but it should be noted that different measurement methods will result in different valuations.

Bank of Japan policy board member Naoki Tamura: Even if the Bank of Japan further raises policy rates, the monetary environment will remain loose.

Bank of Japan board member Naoki Tamura: I believe that past interest rate hikes have had a very limited impact on the Japanese economy.

Bank of Japan board member Naoki Tamura: The Bank of Japan must avoid tightening monetary policy too early, but it must also avoid a sustained increase in prices that cannot be described as "mild".

Bank of Japan policy board member Naoki Tamura: Once the Bank of Japan's policy rate exceeds 1%, the stimulative effect of its policy will gradually weaken.

Bank of Japan board member Naoki Tamura: Interest rates are still quite a distance from levels considered to have a neutral impact on the economy.

Bank of Japan board member Naoki Tamura: I believe we can expect to confirm around this spring that inflation has stabilized at around 2%.

Bank of Japan board member Naoki Tamura: For me, the last key factor in determining whether the Bank of Japan’s price target has been achieved is whether inflation has stabilized above that target level.

Bank of Japan board member Naoki Tamura: Underlying inflation is gradually rising and is very close to reaching and stabilizing above the target level.

Bank of Japan policy board member Naoki Tamura: Wage growth is expected to reach a level consistent with the 2% inflation target this year.

Bank of Japan board member Naoki Tamura: Japan's output gap is already in positive territory, and insufficient supply capacity is putting upward pressure on prices.

Bank of Japan policy board member Naoki Tamura: Food prices are expected to continue to rise.

Bank of Japan policy board member Naoki Tamura: If the economy and prices are in line with the Bank of Japan's forecasts, interest rates will be raised.

Bank of Japan policy board member Naoki Tamura: Consumer inflation is stabilizing, but given the new round of yen depreciation, we must remain vigilant about the price outlook.

Bank of Japan board member Naoki Tamura: We are at a stage where we need to carefully examine various data to determine whether Japan can smoothly achieve its price target.