Real-time News

On March 11, T. Rowe Price portfolio manager Vincent Chung stated in a report that the Bank of Japan (BOJ) is likely to keep interest rates unchanged in March due to the need for time to reassess the current geopolitical situation. He believes the bank may take monetary policy action in April, as wage negotiation data will be available then. He noted that recent factors such as rising oil prices have exacerbated inflation risks, and persistently high oil prices could be a long-term drag on the BOJ's policy inaction. Chung also pointed out that the market may be concerned about potential yen intervention, but the recent yen depreciation is consistent with other foreign exchange peers. He added that if the BOJ sends a dovish signal at its March meeting, it could put further pressure on the yen.

Malaysian Prime Minister: The government will help the public withstand the full impact of rising fuel and other essential commodity prices.

Porsche CEO: US market expansion plans are not currently on the agenda.

According to data from Maoyan Professional Edition, the movie "The Swordsman: The Wind Rises in the Desert" grossed over 1.3 billion yuan in 23 days after its release.

Malaysian Prime Minister: Our country has sufficient fuel supply to maintain the price of subsidized RON95 gasoline.

Hutchinson Gold Mining Company developed its first copper mine in the first half of its fiscal year, March 11, as it expands into this key metal in the energy transition. The Jordanian-listed gold miner announced that its CSA mine in Australia produced 3,913 tonnes of copper concentrate in the six months ending December. As South Africa's largest gold producer, Hutchinson is increasing its investment in copper through two projects in Australia to capitalize on rising copper prices. In addition to acquiring the CSA mine in New South Wales, the company also started construction on the Ewa copper mine in Queensland late last year. In its half-year results released Wednesday, the company stated that gold remains Hutchinson's core business, and the shift to copper allows the miner to benefit from long-term demand for the metal. Hutchinson's gold production in the second half of last year fell 9% to 724,000 ounces compared to the first half of 2025. This was mainly due to mechanical failures at the Hideenwali mine in Papua New Guinea and challenges in obtaining cyanide from its South African operations.

French Finance Minister: Release of crude oil reserves should be done cautiously.

French Finance Minister: Coordination is necessary to release oil reserves.

French Finance Minister: There will be no revision to the French economic growth forecast at present, and the French economy remains strong.

March 11 (Xinhua) -- Japan's Ministry of Economy, Trade and Industry said on Wednesday that the average retail price of regular gasoline in Japan had exceeded 160 yen per liter for the first time in three months as of Monday, affected by rising crude oil prices due to the US-Israeli attacks on Iran. The average price at gas stations rose 3.3 yen from the previous week to 161.8 yen per liter, marking the fourth consecutive week of increases. Gasoline prices rose in all 47 prefectures of Japan. Yamagata Prefecture had the highest price at 170.1 yen, while Aichi Prefecture had the lowest at 155.6 yen. Gasoline prices are expected to rise further due to supply concerns exacerbated by the de facto closure of the Strait of Hormuz, a major oil shipping route, which has led to price volatility.

French Finance Minister: No decision has yet been made on whether to release crude oil reserves.

French Finance Minister: G7 leaders' meeting will discuss releasing crude oil reserves.

Traders have increased their bets on a June rate hike by the European Central Bank, with a 60% probability of such a move.

March 11 – Foreign Ministry Spokesperson Guo Jiakun held a regular press conference. The Indian government yesterday issued investment regulations targeting neighboring countries, particularly China. This move comes against the backdrop of a five-year de facto freeze in relations between the two countries, which has eased somewhat this year. Although this involves investment and is not a question the Foreign Ministry can directly answer, it has certain strategic significance and was introduced against the backdrop of improved bilateral relations. What is the Foreign Ministry's comment on this? Guo Jiakun stated, "As you said, I suggest you inquire with the relevant Chinese authorities about this issue."

New York silver futures touched $87 per ounce, down 2.90% on the day.

Ukrainian President Volodymyr Zelenskyy stated that Russia might send troops to Iran, claiming that Moscow is already supporting Tehran with drones and may also provide missiles and air defense systems.

According to the official measurement of the China Earthquake Networks Center, a 3.7-magnitude earthquake occurred at 15:31 on March 11 in Akqi County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (41.15 degrees north latitude, 78.56 degrees east longitude), with a focal depth of 10 kilometers.

NIO President Qin Lihong: The Iranian crisis has had a negligible impact on NIO's operations and raw material costs.