Real-time News

On March 29, South Korean Deputy Prime Minister and Minister of Finance and Economy Koo Yoon-cheol stated that if international oil prices rise to $120 to $130 per barrel, the government is likely to activate a Level 3 resource security crisis alert, and the vehicle license plate number restriction measures will be expanded to include the private sector.

Market news: A U.S. KC-135 aerial refueling tanker has declared a state of emergency in Jordanian airspace.

Musk: Tesla's AI-powered Autopilot will be more than 10 times safer than human drivers.

On March 29th, at the 2026 North Bund Wealth and Culture Forum on March 28th, Qiu Yong, Party Secretary and Chairman of the Shanghai Stock Exchange (SSE), stated that standing at the new starting point of the "15th Five-Year Plan," the SSE will consistently adhere to the development direction of marketization, rule of law, and internationalization. Guided by comprehensive reforms in capital market investment and financing, the SSE aims to promote more inclusive and adaptable systems, more efficient and high-performing listed companies, a more stable and resilient market operation, and a deeper integration of finance and culture. Qiu Yong introduced the SSE's practices in deepening comprehensive reforms in capital market investment and financing and cultivating a financial culture with Chinese characteristics from three aspects: First, vigorously leveraging the advantages of equity and debt financing to focus on serving the development of new productive forces. Second, focusing on building a "long-term capital, long-term investment" ecosystem to enhance the market's inherent resilience. "Investment and financing are two sides of the same coin in the capital market," Qiu Yong said. In recent years, the SSE has insisted on synergistic efforts on the investment and financing sides, focusing on smoothing the channels for medium- and long-term funds to enter the market, enriching investment and financing supply, continuously improving asset quality and investor returns, accelerating the formation of a sound "long-term capital, long-term investment" ecosystem, vigorously developing index investing, and actively attracting medium- and long-term funds into the market. It was revealed that during the "14th Five-Year Plan" period, approximately 3,500 new indices were compiled, and the scale of ETF products increased from 0.9 trillion yuan to 4.2 trillion yuan. Thirdly, efforts will be made to cultivate a financial culture with Chinese characteristics and to consolidate the foundation for market development.

On March 29th, at the Global Unicorn Companies Conference, Zhou Hongyi, founder of 360, interpreted the recent "Lobster Craze" (OpenClaw intelligent agent). Regarding the question of when tokens will become as accessible and affordable to ordinary people as mobile data, Zhou Hongyi stated: The core of the traditional internet is data traffic. Its infrastructure (such as fiber optic cables) has almost unlimited capacity, and user data usage is directly proportional to duration and volume. The more users a platform has, the lower the marginal cost becomes. However, AI is completely different. The essence of AI operation is the consumption of computing power, information processing, and "intellectual costs," following the logic of information and energy conservation: the more complex the task and the deeper the demand, the higher the computing power and resources consumed will inevitably be. It is impossible to complete extremely complex tasks with extremely low investment. Tokens are a unit of measurement for the intellectual and computing power consumed by artificial intelligence. The unit price is relatively fixed, and the more it is used, the higher the cost. Therefore, tokens can never achieve unlimited monthly usage like mobile data.

On March 29, Ukrainian President Volodymyr Zelenskyy stated that following the Ukrainian attack on an oil refinery in Russia's Leningrad region, the refinery's capacity was reduced to approximately 40%. "We responded to the attacks on the energy sector—we launched a strong counterattack… After a series of corresponding actions, the facility is now operating at only about 40% capacity," Zelenskyy added. He further noted that the attack utilized long-range drones, and that related technologies are constantly evolving. On the night of March 25-26, the Ukrainian Armed Forces attacked the Kirishi oil refinery in Russia's Leningrad region. The Ukrainian military stated that the refinery is one of Russia's three largest, producing various petroleum products, including fuel for the Russian Armed Forces.

Novartis' IgAN data, published in the New England Journal of Medicine, showed that Fabhalta® slowed the rate of kidney function decline by 49.3%.

Cambodia's Ministry of Commerce announced on Saturday midnight that diesel prices have risen further and gasoline prices have fallen due to the Middle East conflict. The ministry stated that starting Sunday, the price of regular gasoline will be 5,000 riel (US$1.25) per liter until further notice, a decrease of 8.2% from the previous three days' price of 5,450 riel. Diesel prices will be 7,200 riel (US$1.80) per liter, an increase of 1.4% from the previous 7,100 riel. Liquefied petroleum gas (LPG) prices have also climbed to 3,400 riel (US$0.85) per liter, an increase of 6.2% from the previous 3,200 riel.

Israel Defense Forces: As part of this airstrike, the Israel Defense Forces further weakened the Iranian regime's weapons production infrastructure.

Israel Defense Forces: Completed a new round of airstrikes on Tehran’s temporary command center and weapons production facilities.

Syrian sources say four drones attacked the U.S. Qasr base near Hasakah in northeastern Syria.

Ukrainian Armed Forces: Russian troops lost approximately 1,360 soldiers yesterday.

On March 29, Cuban Foreign Minister Rodriguez stated on the 28th that the remarks made by US officials in Europe were intended to "create chaos," and that the US denial of imposing a fuel supply blockade on Cuba was "a shameless lie." Rodriguez said on social media that a simple look at the US government's executive order of January 29 and related regulations from the US Treasury Department proves that the US has imposed a brutal fuel supply blockade on Cuba. This is "expanding and intensifying the collective punishment of the Cuban people."

The China Earthquake Networks Center officially measured a 3.3-magnitude earthquake in Pingtung County, Taiwan, at 11:12 a.m. on March 29, with a focal depth of 23 kilometers.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.0 occurred near Pingtung County, Taiwan at 11:12 AM on March 29. The final result is subject to the official rapid report.

March 29th - To further improve the quality of food safety sampling and inspection, the State Administration for Market Regulation has begun revising the "Administrative Measures for Food Safety Sampling and Inspection," resulting in the "Draft Administrative Measures for Food Safety Sampling and Inspection (for Public Comment)," which is now open for public comment. All relevant units and individuals are welcome to submit their comments and feedback forms to the State Administration for Market Regulation by April 26, 2026.

Iran says it struck Israeli radar centers and airports on Saturday.

The Israeli military has confirmed that Iran launched a missile.

On March 29th, the Guangdong Provincial Administration for Market Regulation, in conjunction with the Guangzhou Municipal Administration for Market Regulation, held a symposium for platform enterprises. The meeting focused on issues such as regulating fair and rational competition in the platform economy, providing administrative guidance to platform enterprises, and jointly proposing implementation measures. The meeting pointed out that Guangdong Province and Guangzhou City, leveraging their traditional industrial advantages, have a large number of operators and significant business volume on leading platforms nationwide. Platform rules are crucial for the operation and development of small and micro-sized businesses. The meeting encouraged platforms to take effective measures to strengthen compliance, improve compliance levels, and focus on innovative, standardized, and win-win development. Efforts should be made to continuously strengthen compliance in areas such as regulating competitive behavior, respecting merchants' independent operating rights, implementing quality grading and control, protecting the rights and interests of small and micro-sized businesses, empowering the incubation of high-quality brands, and protecting the legitimate rights and interests of consumers. This will jointly resist "involutionary" competition, promote high-quality development of the industry, and drive out inferior players with superior ones.