Real-time News

The Kuwaiti Civil Aviation Authority announced that flights suspended due to the Iranian attacks have resumed.

On June 11th, DBS Bank analyst Radhika Rao believes that the US-Iran tensions will bring a stagflation shock to the Eurozone market, with a more severe impact on Europe than on the US, forcing the European Central Bank (ECB) to tighten monetary policy sooner rather than later. She expects the ECB to raise the deposit rate by 25 basis points to 2.25%, maintaining a cautious and hawkish policy guidance. Further rate hikes are still possible in the second half of the year, but the ECB will assess the situation at each meeting while closely monitoring the possibility of a ceasefire and easing of tensions between the US and Iran. The ECB has lowered its 2026 Eurozone economic growth forecast to 1.0% and anticipates rising inflation.

J&T Express (01519.HK) rebounded in the afternoon, narrowing its losses to 5.01%; the company responded to the investigation: J&T Express China attaches great importance to this matter, sincerely accepts it, and will resolutely obey and fully cooperate with the relevant authorities in carrying out various investigations in accordance with laws and regulations.

On June 11th, J&T Express responded to the State Post Bureau's investigation into the company, stating that J&T Express China attaches great importance to the matter, sincerely accepts, and will resolutely comply with and fully cooperate with the relevant authorities in carrying out all investigations in accordance with laws and regulations. J&T emphasized that safe production is a red line that the company cannot cross. J&T China has deeply reflected on its practices in light of important instructions regarding safe production, and deeply feels that as the brand headquarters, it has fallen short in fulfilling its unified management responsibility for safety assurance for some companies operating under the "J&T Express" trademark, trade name, and waybills. The lessons learned are profound. J&T China sincerely accepts supervision.

The yield on Japan's 5-year government bonds fell 1.5 basis points to 1.920%.

The yield on Japan's 40-year government bonds rose 3.0 basis points to 3.765%.

June 11th - Analysts at BMO Capital Markets stated that some members of the European Central Bank's (ECB) Governing Council may be thinking, "We've waited long enough. Let's act!" And they will indeed act, meaning they will raise interest rates on June 11th. Since the outbreak of the Iran-Iraq war, several other central banks, such as the Reserve Bank of Australia and the Norwegian central bank, have tightened monetary policy. But the ECB will be the first G7 central bank to do so. The ECB previously stated that the Eurozone's inflation rate and monetary policy were "in good shape," but now the situation is quite different. Concerns about the duration of the Iran-Iraq war and the sustainability of a potential peace agreement, and how these factors will affect inflation expectations and wage demand, are prompting the ECB to shift towards a tighter policy. Eurozone inflation has not eased since the last meeting. Adding to the woes, the risk of economic stagnation is increasing. The ECB must proceed cautiously, but the risk of further rate hikes remains, potentially as early as July.

Local authorities said the fire at the Russian Afipsky oil refinery has been extinguished.

According to TASS, citing the Russian Ministry of Defense, Russia shot down 330 Ukrainian drones overnight.

On June 11, the Chinese Embassy in South Africa held a video conference on June 10 to urge Chinese-funded enterprises and overseas Chinese businesses in South Africa to conduct self-inspections and rectifications, operate in accordance with laws and regulations, and enhance their risk awareness in response to the recent tense social security situation in South Africa. Chinese Ambassador to South Africa Wu Peng emphasized in his speech that the social security situation in South Africa is tense, and everyone should remain highly vigilant and enhance their risk awareness. Operating in accordance with laws and regulations is fundamental to the survival of enterprises and individuals. All Chinese-funded enterprises and overseas Chinese businesses in South Africa must earnestly conduct self-inspections and rectifications to eliminate illegal employment practices. Representatives of Chinese-funded enterprises and overseas Chinese businesses unanimously stated that they will closely monitor the development of the situation, strengthen security measures, prepare emergency plans, and take measures such as shortening business and office hours and dispersing to safer areas when necessary. Furthermore, they will definitely conduct thorough self-inspections and mutual inspections, adhere to legal and compliant operations, and establish a good corporate image.

According to the Financial Times, EU countries are considering "dissolving" the group's diplomatic service.

On June 11, 2026, Akeso Biopharma (09926.HK) announced that its Board of Directors approved the use of up to HK$200 million to purchase ordinary shares of the Company on the open market. The proposed share purchase will be executed by the trustee of the Company's 2021 Restricted Share Unit Scheme. The Board believes that the current trading price of the shares does not reflect the Company's intrinsic value and business prospects, and that now is a good opportunity to purchase the shares. The proposed share purchase demonstrates the Board and management's confidence in the Company's business outlook and prospects, and will benefit the Company and create value for shareholders. The proposed share purchase will be funded by the Company's existing available cash resources.

June 11th - According to the latest "Worldwide Quarterly Wearable Device Tracker" report released by International Data Corporation (IDC), global shipments of wrist-worn devices reached 47.05 million units in the first quarter of 2026, representing a year-on-year increase of 2.2%. The wrist-worn device market includes smartwatches and fitness trackers. Specifically, global smartwatch shipments reached 37.03 million units, a year-on-year increase of 4.8%. Fitness tracker shipments reached 10.02 million units, a year-on-year decrease of 6.1%.

Oriental Selection (01797.HK) fell more than 5% during trading.

June 11 – The 12th China (Shanghai) International Technology Import and Export Fair, themed "Building a New Ecosystem for Technology Trade and Writing a New Chapter of Global Cooperation," opened in Shanghai on June 11. This year's fair features over 1,000 participating companies for the first time, with 15 projects making their debut. 74 companies from 26 overseas trade promotion agencies and business associations from countries and regions including Germany and France are participating, showcasing innovative achievements in robotics, precision manufacturing, and digital solutions, and will release over 80 technology cooperation requests.

The yield on Japan's 20-year government bonds rose 2.0 basis points to 3.575%.