Real-time News

Ukrainian Prime Minister: I will lead the Ukrainian delegation to the Ukrainian reconstruction conference in Poland this week.

Citigroup raised its price target for Morgan Stanley (MS.N) from $194 to $220.

Citigroup raised its price target for Bank of America (BAC.N) from $62 to $66.

June 23 – According to Iranian sources on the 23rd, Iranian Foreign Ministry spokesman Baghae stated that Iran will continue to pursue the responsibility of certain Middle Eastern countries for their involvement in the US-Israel invasion of Iran. Baghae said that Iran has sufficient evidence to prove that certain regional countries participated in the attacks on Iran, and Iran "will never give up on this issue," and will pursue their legal responsibility and make corresponding demands.

Citigroup raised its price target for Goldman Sachs (GS.N) from $930 to $1,100.

S&P Global: Upgraded TSMC (TSM.N) outlook to "positive"; maintained "AA-" rating.

June 23 – Israeli Prime Minister Benjamin Netanyahu, during a meeting with reserve combat officers today, stated that Israel needs to reduce its dependence on external forces and establish its own independent weapons production network. Netanyahu said that despite years of support from the United States, Israel now needs to build an independent weapons network and manufacture its own weapons. He added that Israel is currently confronting Iran and its proxies, and its future depends on its own strength.

The UK's June CBI industrial price expectations balance was 22, compared to 38 in the previous month.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.2 occurred at 17:56 on June 23 near Changning County, Yibin City, Sichuan Province (28.43 degrees north latitude, 104.84 degrees east longitude). The final result is subject to the official rapid report.

On June 23, the Ministry of Finance and the People's Bank of China issued a notice regarding the "Pilot Measures for Local Treasury Cash Management." The notice states that local treasury cash management is highly policy-driven and should be coordinated with monetary policy. A coordination mechanism, including decision-making and operational mechanisms, should be established to ensure the standardization, institutionalization, and scientific nature of treasury cash management. Pilot regions should formulate their own detailed operational rules for treasury cash management based on the pilot measures and submit them to the Ministry of Finance and the People's Bank of China for record-keeping before implementation. Pilot regions should strengthen leadership, carefully organize, and meticulously plan to ensure the efficient operation of local treasury cash management. Any problems discovered during the pilot program should be promptly reported to the Ministry of Finance and the People's Bank of China. The list of pilot regions for local treasury cash management will be announced separately.

The Dutch Ministry of Foreign Affairs announced that the Netherlands will join the US-led Pax Silica initiative to work together on artificial intelligence security and chip supply chain security.

June 23 – Global cellular IoT module shipments grew by 4% year-on-year in the first quarter of 2026, impacted by weak demand in the Chinese market. According to Counterpoint Research's Global Cellular IoT Module and Chip Tracker report, China continued to lead the world in shipment volume in the first quarter of 2026. However, shipments in the Chinese market declined by 2% year-on-year during the quarter. This decline was mainly due to seasonal factors in the first quarter – during the Spring Festival holiday, demand from domestic OEMs in applications such as asset tracking, POS terminals, and connected vehicles decreased. The decline in domestic passenger car sales further affected market performance. Chief Analyst Tina Lu stated, “The growth performance of different technologies varied significantly. Although shipments declined in most technology categories, 4G Cat 1 bis module shipments increased by 12% year-on-year. This growth was mainly driven by demand for smart meters, POS terminals, asset tracking, and connected vehicle applications in developing markets such as India, the Middle East and Africa, and Latin America. In addition, 5G became the fastest-growing cellular technology with a year-on-year growth rate of 39%, mainly benefiting from increased demand for routers/CPEs, connected PCs, and automotive applications.”

Iraqi oil officials: Iraq will increase production at the Rumaila oil field to approximately 1.1 million barrels per day.

Iraqi oil officials: Iraq will increase crude oil production from its southern oil fields to approximately 2.1 million barrels per day.

According to Iranian media reports, Iranian President Peshizian emphasized that fulfilling the obligations already agreed upon is crucial to advancing the current negotiations between Iran and the United States.

According to a Hong Kong Stock Exchange announcement, Tencent Holdings (00700.HK) repurchased 1.2 million shares on June 23, at a cost of approximately HK$500.7 million.

ECB Chief Economist Lane: I see some upward momentum in wages.