Real-time News

Standard Chartered: We have postponed our expectation of a Bank of England rate cut in March to the second quarter, and have also postponed the timing of rate cuts for the remainder of the year by one quarter.

Traders said Total's trading arm, TOTSA, sold Omani crude for April delivery at the highest premium in years through a tender.

March 10th - Sources revealed on March 10th that Baidu's autonomous driving mobility service platform, Carrot Express, has recently resumed fully driverless testing and operation services in Dubai and Abu Dhabi. This simultaneous progress in both cities signifies a further acceleration of its overseas deployment of fully driverless vehicles, laying the foundation for large-scale commercial operation in the UAE.

Tencent Holdings (00700.HK) saw a short-term surge, with the gains now extending to 5%.

Futures News, March 10th: As of March 9th, the mainstream benzene market price in East China closed at 10,000 yuan/ton, up 3,640 yuan/ton from 6,360 yuan/ton at the beginning of March. Affected by unforeseen events, international crude oil prices surged, triggering a chain reaction in the downstream chemical industry chain. As a core aromatic product downstream of crude oil, the benzene market experienced a significant price increase, with listed prices climbing from 6,150 yuan/ton before the Lunar New Year to 11,000 yuan/ton, a rise of over 78% in just a few months, reaching a new high for the period. In the short term, after breaking through $100, European and American crude oil futures experienced a sharp correction, and benzene prices may follow suit and decline.

According to the General Administration of Customs, China exported 736,000 automobiles (including chassis) in February.

According to the General Administration of Customs, China exported 1.532 million automobiles (including chassis) in January and February.

China's mobile phone exports reached 50.059 million units in February, according to the General Administration of Customs.

China's exports of unwrought aluminum and aluminum products reached 430,000 tons in February, according to the General Administration of Customs.

China's steel exports reached 7.837 million tons in February, according to the General Administration of Customs.

According to the General Administration of Customs, China exported 15.591 million tons of steel in January and February.

According to the General Administration of Customs, China imported 20.016 million tons of natural gas in January and February.

According to the General Administration of Customs, China's refined oil exports reached 8.132 million tons in January and February.

March 10th - According to customs statistics, in terms of trading partners, in the first two months of the year, my country's total trade with ASEAN reached 1.24 trillion yuan, a 20.3% increase; trade with the EU reached 998.94 billion yuan, a 19.9% increase; and trade with the US reached 609.71 billion yuan, a 16.9% decrease. During the same period, my country's total imports and exports with countries participating in the Belt and Road Initiative reached 4.02 trillion yuan, a 20% increase. In terms of foreign trade entities, in the first two months, private enterprises' imports and exports reached 4.51 trillion yuan, a 22.8% increase; foreign-invested enterprises' imports and exports reached 2.2 trillion yuan, a 15.3% increase; and state-owned enterprises' imports and exports reached 1 trillion yuan, a 7.4% increase.

On March 10th, it was reported that in 2025, the State Administration for Market Regulation continued to deepen the special campaign to address prominent issues related to "school meals," continuously improving the level of food safety assurance on campuses and achieving positive results. Market supervision departments at all levels conducted comprehensive and all-encompassing inspections, carrying out 921,000 inspections of primary and secondary school and kindergarten canteens and off-campus catering units. They identified and rectified 755,800 potential problems and hazards, filed 17,800 cases of violations, imposed fines and confiscations totaling 55.4104 million yuan, added 41 entities to the list of seriously dishonest entities, and transferred 2,807 leads on violations to disciplinary inspection and supervision organs. Meanwhile, in accordance with the requirement of "full coverage," primary and secondary schools and kindergartens nationwide have been equipped with 223,000 food safety supervisors and 370,000 food safety officers, achieving precise risk control at the "smallest work unit." Currently, primary and secondary school canteens nationwide are equipped with "three-proof" (prevention of disease, fire, and pests), cleaning, and disinfection equipment and facilities, with a coverage rate basically reaching 100%. The number of students suffering from foodborne illnesses in schools has been declining for four consecutive years.

On March 10th, the overnight SHIBOR was 1.3180%, down 0.40 basis points; the 7-day SHIBOR was 1.4320%, up 0.90 basis points; the 14-day SHIBOR was 1.4920%, up 1.70 basis points; the 1-month SHIBOR was 1.5359%, down 0.33 basis points; and the 3-month SHIBOR was 1.5492%, down 0.23 basis points.

Oracle (ORCL.N): The Abilene data center project is proceeding as planned, with 200 megawatts already operational. Any claims that the planned capacity of the site has been delayed are inaccurate.

On March 10th, several oil-related LOFs were temporarily suspended from trading for an hour in the morning session, and all fell after trading resumed. Crude oil LOFs such as E Fund (161129), Southern Crude Oil LOF (501018), and Petroleum Fund LOF (160416) all fell by about 7% at one point.