Real-time News

According to Iran's Mehr News Agency, flights between Dubai and Abu Dhabi have been suspended due to the activation of the UAE's air defense system.

Ukrainian President Zelensky: Russian troops attacked Ukrainian positions on Friday night, showing no intention of a ceasefire.

On May 8, the National Seismological Center of Iran reported that a 4.5-magnitude earthquake struck the border region between East Azerbaijan and West Azerbaijan provinces at approximately 7:17 a.m. local time. No casualties or property damage have been reported so far.

Royal Bank of Canada raised its price target for Airbnb (ABNB.O) from $170 to $173.

May 8th Futures News: Economies.com analysts' latest view: Brent crude oil futures have fallen in recent intraday trading, after holding below the current resistance level of $101.30. Currently, the short-term price action shows a sharp downward trend and remains below the 50-day moving average, limiting the possibility of a full-scale rebound in the short term. Furthermore, the Relative Strength Index (RSI) has reached severely overbought levels relative to the price action and shows early signs of a negative crossover, further weakening upward momentum.

Futures News, May 8th: Economies.com analysts' latest view: WTI crude oil futures prices fell in the latest intraday trading, after a brief rebound aimed at alleviating the oversold conditions of the Relative Strength Index (RSI). However, compared to price action, these indicators are currently severely overbought, reflecting a rapid fading of upward momentum and a renewed dominance of downward pressure in the market. Meanwhile, prices remain below the 50-day moving average, which continues to constitute dynamic downward pressure, limiting the possibility of a strong rebound in the short term. These technical factors maintain a negative outlook, and unless new technical signals emerge to support a return to equilibrium and a renewed upward trend, the market expects the downtrend to continue.

Futures News, May 8th: Economies.com analysts' latest view: Spot gold rose in the latest intraday trading, having held firmly above the current support level of $4700. This provided positive momentum for price increases, especially after the overbought condition of the Relative Strength Index (RSI) eased, giving it more room for further gains in the short term. With continued strong support above the EMA50, the price is expected to test new resistance levels. Previously, the price broke through the short-term descending channel that had limited its early morning movement and benefited from it.

On May 8th, US President Trump posted a picture late at night with the caption: "Trump's stock market hits a new high! The S&P 500 has broken through 7300 points."

Faraday Future: FF AI-Robotics has entered into a strategic partnership with Boston International Business School (BIBS) to jointly establish the BIBS–FF AI Robotics Institute, the first industry-driven physical artificial intelligence and robotics research institute in the United States.

According to the Financial Times, US businesses are urging Trump to intervene in the EU's new consumer rules.

According to the Financial Times, Trump's son has invested in a fund called American Ventures, a division of Dominari Holdings, a financial group headquartered in Trump Tower.

On May 8, the Taiwan Affairs Office of the CPC Central Committee, the National Development and Reform Commission, and Fujian Province, together with relevant departments of 48 central and state organs, convened an inter-ministerial and provincial working conference in Beijing on the construction of a demonstration zone for cross-strait integrated development. The conference summarized the implementation of the "Opinions of the CPC Central Committee and the State Council on Supporting Fujian in Exploring a New Path for Cross-Strait Integrated Development and Building a Demonstration Zone for Cross-Strait Integrated Development," discussed key tasks for the next stage, and supported Fujian in taking greater strides in exploring a new path for cross-strait integrated development and building a high-quality demonstration zone for cross-strait integrated development.

May 8th - According to the latest statistics from Flight Manager DAST, 30 China-Japan routes cancelled all flights in April, a decrease compared to March. However, the actual number of flights to Japan operated in April was 182 fewer than in March. A total of 1,543 flights from mainland China to Japan were cancelled in April, representing a cancellation rate of 37.7%.

On May 8th, it was learned from industry sources that the Securities Association of China (SAC) recently officially launched a trial evaluation of securities companies' performance in fulfilling the "five major tasks" of the financial sector in 2026. Previously, the SAC revised the "Special Evaluation Method for Securities Companies' Performance in Fulfilling the 'Five Major Tasks' of the Financial Sector (Trial Implementation)" and solicited opinions from the entire industry on the revised draft in March 2026. Judging from the official indicators issued for this trial evaluation, the SAC, while maintaining the overall framework of the evaluation system, has precisely implemented a combination of "addition" and "subtraction"—expanding the indicator dimensions to adapt to new market changes while eliminating redundant and repetitive items, resulting in a clearer and more distinct evaluation orientation. Compared to the previous draft for comments, the number of indicators in this trial evaluation has increased from 13 to 14, while the total evaluation score remains unchanged.

On May 8, Hong Kong Chief Executive John Lee attended the 2026 Global Mediation Summit hosted by the International Court of Mediation. Lee pointed out that the national 15th Five-Year Plan explicitly supports the International Court of Mediation in playing a better role, which will consolidate Hong Kong's key role in peacefully resolving disputes through mediation. The Hong Kong SAR Government will continue to deepen its partnership with international mediation organizations, working together to promote Hong Kong's development into a global mediation center. The Hong Kong SAR Government sincerely invites governments, businesses, and investors from all countries to make full use of the mediation services provided by the International Court of Mediation in Hong Kong.

Sony Group's stock price rose 6%.

May 8 - According to the Jerusalem Post: Israeli officials say any agreement with Iran would be detrimental to Israel, even if it includes a deal to remove enriched uranium.

According to ABC News, the U.S. Centers for Disease Control and Prevention (CDC) has designated the Hantavirus outbreak as a Level 3 emergency response, the lowest level of emergency activation.

Sony: Fourth-quarter operating profit was ¥163.54 billion, compared to a forecast of ¥271.45 billion. Full-year operating profit is expected to be ¥1.60 trillion, compared to a forecast of ¥1.63 trillion.