Real-time News

The bid-to-cover ratio for the Japanese 10-year government bond auction was 2.56, lower than the 3.13 of the previous auction.

Japanese Finance Minister Satsuki Katayama: I have nothing more to add regarding the joint foreign exchange intervention by Japan and the United States.

Japanese Finance Minister Satsuki Katayama: I will not comment on the effectiveness of joint intervention.

Indonesia's Finance Minister: New stimulus measures for electric vehicles, including electric bicycles, will be introduced in the coming weeks.

August 4th - Recently, the Cyberspace Administration of China (CAC) launched a special campaign called "Clean Up the Online Environment and Rectify Malicious Hype of Enterprise-Related Information." Based on letters from relevant departments and local cyberspace administrations, a number of illegal and irregular accounts that infringe upon the legitimate online rights and interests of enterprises and entrepreneurs will be dealt with severely.

According to JLC Network Technology, several airlines will lower domestic fuel surcharges starting from midnight on August 5th, marking the third reduction this year. After the adjustment, adult passengers will be charged 40 yuan for flights of 800 kilometers or less, and 70 yuan for flights over 800 kilometers, a decrease of 10 yuan and 30 yuan respectively compared to before the adjustment. 1. This fee has fluctuated throughout the year: it remained low in the first quarter (10 yuan for flights under 800 kilometers, 20 yuan for flights over 800 kilometers); due to geopolitical conflicts, international crude oil and jet fuel prices rose, leading to consecutive increases in April and May, peaking in May (90 yuan/170 yuan); subsequently, with the easing of geopolitical tensions and falling oil prices, it decreased twice in June and July, finally seeing a third consecutive drop on August 5th. 2. Domestic fuel surcharges are linked to aviation kerosene prices and are determined by the National Development and Reform Commission and the Civil Aviation Administration of China based on international oil prices, which airlines then implement. Currently, it is still summer vacation, and long-distance travel is increasing; this reduction will slightly lower the cost of long-distance air travel for the public.

On August 4th, Japanese Economy, Trade and Industry Minister Minoru Jonouchi stated that the cost increases caused by the Middle East conflict have so far had a limited impact on consumer prices, and offered a relatively optimistic assessment of inflation risks. Jonouchi said, "The overall Consumer Price Index (CPI) rose 1.7% year-on-year in June, indicating that the rate of price increases remains relatively moderate." He made these remarks in response to the Bank of Japan's warning last week regarding the "increased risk of inflation exceeding expectations." However, Jonouchi added, "We do need to remain vigilant, as costs may gradually be passed on to food and other consumer goods prices from this summer to autumn."

The China Earthquake Networks Center officially reported that a magnitude 3.4 earthquake occurred at 10:25 a.m. on August 4 in Gao County, Yibin City, Sichuan Province (28.53 degrees north latitude, 104.67 degrees east longitude), with a focal depth of 5 kilometers.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.3 occurred at 10:25 AM on August 4th near Gao County, Yibin City, Sichuan Province (28.53°N, 104.67°E). The final result is subject to the official rapid report.

Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: We will not comment on specific exchange rate levels, but we will closely monitor the impact of exchange rate fluctuations on the economy and prices.

Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: I hope the Bank of Japan and the government will maintain close communication on policy guidance.

Japanese Minister of Economy, Trade and Industry Minoru Shirou: I hope the Bank of Japan will implement appropriate monetary policy to achieve its 2% inflation target in a stable and sustainable manner.

TSMC: Will donate 250 million yen for earthquake relief and recovery efforts in Kumamoto.

On August 4th, the General Office of the State Administration for Market Regulation issued a notice on promoting typical experiences and practices from national pilot projects for innovative trade secret protection. The first batch of pilot areas for innovative trade secret protection includes: Haidian District of Beijing, Tongzhou District of Beijing, Binhai High-tech Zone of Tianjin, Pudong New Area of Shanghai, Fengxian District of Shanghai, Nanjing City of Jiangsu Province, Wuxi City of Jiangsu Province, Suzhou City of Jiangsu Province, Hangzhou City of Zhejiang Province, Ningbo City of Zhejiang Province, Wenzhou City of Zhejiang Province, Hefei City of Anhui Province, Haicang District of Xiamen City of Fujian Province, Wuhan City of Hubei Province, Changsha City of Hunan Province, Guangzhou City of Guangdong Province, Shenzhen City of Guangdong Province, Foshan City of Guangdong Province, Jiangjin District of Chongqing Municipality, and Wuhou District of Chengdu City of Sichuan Province.

On August 4th, Mona Yacoubian, director of the Middle East program at the Center for Strategic and International Studies (CSIS), stated that Iran believes it holds the upper hand in its conflict with the United States after the Trump administration repeatedly postponed actions following its most severe threats. Yacoubian stated, "But every time Trump does this, Iran takes the message that the United States is weak and Iran has the advantage in this conflict." Yacoubian pointed out a recurring pattern between the US and Iran: military escalation, a declared diplomatic breakthrough that ultimately fails, and a subsequent return to a state of threat. She added that the US likely postponed its latest strike after its Gulf allies expressed concerns. Gulf states fear that if the situation escalates further, Iran will not hesitate to attack infrastructure and energy targets in the region.

According to Israel's i24NEWS: Several Iranian one-way attack drones attacked and hit a military base in northern Kuwait on Monday night.

On August 4th, the highest 7-day annualized yield of Tencent Wealth Management's "Current Account +" was 1.1370%, and the lowest was 0.7360%. The highest 7-day annualized yield of WeChat Pay's "Lingqian Tong" was 1.0200%, and the lowest was 0.9010%. The highest 7-day annualized yield of Alipay's "Yu'ebao" was 1.0150%, and the lowest was 0.9010%.

As of 09:30 Beijing time, WTI crude oil futures rose 1.00%, while US natural gas futures fell 0.22%.

N Jialichuang opened 177.47% higher, reaching a market capitalization of 130 billion yuan.

The People's Bank of China (PBOC) announced today that it conducted 46.5 billion yuan of 7-day reverse repurchase operations, with both the bid and winning bids amounting to 46.5 billion yuan. The operating rate was 1.40%, unchanged from the previous rate.