Real-time News

Piper Jaffray: Raises its target price for Cisco (CSCO.O) from $86 to $132.

Alibaba's enterprise-level agent platform "Wukong" has recently begun to scale up its deployment.

On May 14, Xi Jinping stated that the common interests between China and the United States outweigh their differences, that the success of each country is an opportunity for the other, and that a stable China-US relationship is beneficial to the world.

The yield on Japan's 30-year government bonds rose 3.0 basis points to 3.845%, while the yield on 40-year bonds rose 2.5 basis points to 4.095%.

On May 14th, Barclays analyst Bum Ki Son stated that the Bank of Korea (BOK) may begin tightening monetary policy in August. The economist predicts the BOK will take "precautionary" interest rate hikes—one each in the third and fourth quarters of this year, and another in the second quarter of next year—raising the current rate from 2.50% to 3.25%. In a research report, he wrote that the BOK may be more optimistic about the economic growth outlook after a stronger-than-expected first quarter GDP performance. He also noted that heightened concerns about rising overall consumer prices due to the Middle East oil price shock may also prompt the BOK to take precautionary interest rate hikes.

On May 14th, TSMC released presentation materials prior to a technology symposium, indicating that the global semiconductor market is projected to exceed $1.5 trillion by 2030, surpassing its previous forecast of $1 trillion. TSMC predicts that artificial intelligence (AI) and high-performance computing (HPC) will account for 55% of this $1.5 trillion market, followed by smartphones at 20% and automotive applications at 10%. TSMC stated that it is accelerating its capacity expansion in 2025 and 2026, and plans to build nine new wafer fabs and advanced packaging facilities by 2026.

May 14 - It was learned on the 14th local time that a Panamanian-flagged crude oil tanker operated by the major Japanese oil company ENEOS has passed through the Strait of Hormuz.

Trump, accompanied by Xi Jinping, inspected the guard of honor of the Chinese People's Liberation Army.

According to Japan's Kyodo News, the Japanese government is considering setting aside an additional budget.

On May 14th, Baidu (09888.HK) opened 6.98% higher, reaching a high of HK$147.9. A research report released by Citigroup stated that Baidu Chairman and CEO Robin Li proposed at the BaiduCreate2026 launch event that artificial intelligence is shifting from a model-centric to an application- and agent-centric era. The era of AgenticAI has arrived, and Li proposed "daily active intelligent agents" as a new value metric to better reflect the productivity output of artificial intelligence. Citigroup believes that Baidu has demonstrated and positioned itself as a leader in the emerging "AgenticAI" era, possessing a clear strategy to transform its technology into commercial value.

According to the National Bureau of Statistics, the price of soybean meal (crude protein content ≥43%) in early May was 2,949.0 yuan/ton, a decrease of 0.3% compared with the previous period.

May 14th - The China Federation of Logistics and Purchasing (CFLP) released its April China E-commerce Logistics Index today (May 14th). Data shows that e-commerce logistics volume maintained rapid growth in April, showing an overall steady upward trend. The April China E-commerce Logistics Index was 110.6 points, a slight increase of 0.3 points month-on-month. In April, express delivery companies maintained stable operations, and several supply-side indicators continued to improve. Among the sub-indices, the logistics timeliness index, fulfillment rate index, satisfaction rate index, personnel index, and load factor index all rebounded.

According to the National Bureau of Statistics, the price of live pigs (three-way crossbred) in early May was 9.6 yuan/kg, a decrease of 2.0% compared to the previous period.

The main contract for 2-year Treasury bond futures (TS) rose 0.01%, the main contract for 5-year Treasury bond futures (TF) rose 0.01%, the main contract for 10-year Treasury bond futures (T) rose 0.02%, and the main contract for 30-year Treasury bond futures (TL) rose 0.04%.