Real-time News

Market news: Investment group SWI becomes NVIDIA Cloud partner.

Bank of England Governor Bailey warned the G20 that new artificial intelligence models pose a threat to stability, and that measures to ensure the safe development and deployment of AI are a top priority.

August 31 – As of August 30, the Xinjiang Border Inspection Station had inspected over 3.53 million inbound and outbound passengers this year, a year-on-year increase of 28.2%, reaching this milestone 54 days earlier than last year. Among them, 1.607 million were foreigners, a year-on-year increase of 28.3%, with 647,000 foreigners entering the country enjoying visa-free or temporary entry permit policies, accounting for 79% of the total number of foreign inbound passengers.

MINIMAX-W (00100.HK) rose more than 13%, and Zhipu (02513.HK) rose more than 3%.

August 31 – Data from ship tracking and trade sources indicates that Asian diesel exports to Africa are expected to reach a new high in at least four and a half years in August. This follows a decline in Middle Eastern diesel shipments, prompting African buyers to seek alternative supply sources. Data from Kpler, Vortexa, and a trade source shows that Asia, including India, will export 1.8 million to 2 million tons of diesel to Africa this month, equivalent to 13.4 million to 14.9 million barrels. Meanwhile, data from LSEG, Kpler, and the aforementioned trade source shows that Middle Eastern diesel exports to Africa fell to 600,000 to 800,000 tons in August, the lowest level in nearly nine years, due to ongoing shipping risks in the Bab el-Mandeb Strait and the Strait of Hormuz. According to Kpler, approximately 50% of Africa's diesel imports last year came from the Middle East, with 40% originating from Saudi Arabia. Multiple trade sources indicated that declining operating rates at some of Saudi Aramco's refineries, including those in Jizan, have further limited Saudi diesel exports. According to Kpler data, diesel shipments from the Jizan refinery to Africa fell to zero in August, compared to 163,000 tons in July.

Market news: Samsung Biologics has launched a takeover bid for PolyPeptide Group.

German Chancellor Merz: Our country has enormous potential, and we must make full use of that potential.

The yield on Japan's 30-year government bonds rose 2.5 basis points to 4.145%.

On August 31, the Ministry of Industry and Information Technology (MIIT) – International Telecommunication Union (ITU) High-Level Seminar on "Space for Development" opened in Shanghai. The three-day seminar includes keynote speeches, roundtable discussions, and field visits, focusing on topics such as space services issues discussed at the World Radiocommunication Conference, opportunities for space-ground integrated operations, the large-scale application of the BeiDou Navigation Satellite System, and the integrated development of space and ground systems. The seminar will feature thematic sharing on the ITU's space rules framework and the space service regulatory practices of various countries, and will host several roundtable discussions on topics such as "Space for Development" and "New Challenges in Frequency and Orbit Resource Management." Participants will exchange views on issues such as space governance, frequency and orbit coordination, and industrial empowerment of developing countries.

August 31 - According to South Korean media reports, Samsung Electronics is developing an 8-layer seventh-generation high-bandwidth memory (HBM4E) in cooperation with NVIDIA (NVDA.O). This significantly reduces the stacking height compared to the originally planned 12-layer and 16-layer solutions. NVIDIA has proposed a speed specification of 17-18Gbps, which is about 20% higher than the initial 14.4Gbps sample speed of Samsung's HBM4E. This product is reportedly intended for use in NVHBM.

The General Staff of the Armed Forces of Ukraine reported that as of 08:00 local time on August 31, a total of 225 firefights had been recorded in the past 24 hours. Of these, 36 enemy attacks occurred in the Pokrovsk direction.

A survey released by the Japanese government on Monday, August 31, revealed that a severe labor shortage remains the primary reason Japanese companies are hiring foreign workers. This highlights the Japanese economy's reliance on overseas labor, even as Prime Minister Sanae Takaichi seeks to tighten regulations targeting non-Japanese residents. A multi-option survey conducted by the Ministry of Health, Labour and Welfare showed that 68.2% of companies cited alleviating labor shortages as the reason for hiring foreigners. This reason has remained the top choice every year since the survey began in 2023. Approximately 56% of companies stated that they recruit based on the abilities and qualifications of foreign workers; 18% indicated they hoped to promote workplace internationalization. With Japan's declining population and aging workforce, companies are increasing their recruitment of foreign workers to fill labor gaps, leading to a significant increase in the number of foreign workers. A report released this month by Teikoku Databank showed that more than half of companies reported a shortage of full-time employees. The survey also revealed that nearly 30% of companies reported an insufficient number of non-regular employees.

Japan's construction orders fell 13.4% year-on-year in July, compared with 2.3% in the previous month.

Japan's housing starts rose 8.19% year-on-year in July, below the expected 7.8% and the previous month's 18.60%.

August 31 - According to data released by Nepal's National Disaster Risk Reduction Authority, as of 9:00 a.m. local time on August 31, the death toll from the landslide disaster in Nepal has risen to 903, with 4,247 people still missing.

On August 31st, to further deepen the reform of medical insurance payment methods, promote the dynamic adjustment of the disease-based payment grouping scheme, and continuously optimize supporting mechanisms such as special case negotiation, the National Healthcare Security Administration organized two special symposiums on the disease-based payment special case negotiation mechanism on the afternoon of August 25th. In conjunction with the upcoming release of the disease-based payment 3.0 grouping scheme, the symposiums sought opinions and suggestions from local healthcare security departments and medical institutions on improving the special case negotiation mechanism. Participants offered suggestions on strengthening management, optimizing processes, and improving efficiency, and generally agreed that the special case negotiation mechanism has played a positive role in alleviating medical institutions' concerns about admitting difficult and critically ill patients and supporting the application of new clinical drugs, consumables, and technologies.

August 31 - According to the Philippine Institute of Volcanology and Seismology, a 5.2-magnitude earthquake struck off the coast of Surigao Norte province in Mindanao, southern Philippines, at approximately 12:04 p.m. on August 31, with a depth of 10 kilometers. The earthquake is not expected to cause damage.