Live Updates

25

Jul 2025
Intel is cutting jobs and may completely withdraw from advanced chip production within four years

Intel cuts 15% of global workforce, cancels factories, and warns of exiting advanced chip manufacturing.

25

Jul 2025
Analysts express uncertainty about the yuan’s longevity amidst economic challenges and potential U.S. dollar strength

Yuan hits eight-month high but faces pressure from weak demand, strong U.S. dollar, and slowing reforms.

25

Jul 2025
The PBOC established the USD/CNY rate at 7.1419, injecting 601.8bn yuan into the market

PBOC injects 601.8 billion yuan through reverse repos; sets yuan midpoint at 7.1419 today.

25

Jul 2025
According to Morgan Stanley, firms investing in AI are experiencing enhanced earnings and stock performance.

Early AI adopters in finance, real estate, and retail enjoy stronger earnings, stock momentum, and market leadership.

25

Jul 2025
Tokyo’s inflation exceeds BoJ’s target, leading to heightened rate hike speculation for late 2025/2026

Tokyo’s core inflation exceeded BOJ’s target, increasing chances of a future rate hike amid steady prices.

25

Jul 2025
The PBOC plans to set the USD/CNY rate at 7.1609, according to Reuters prediction

The PBOC sets a daily yuan midpoint, allowing 2% fluctuations and intervenes to maintain stability.

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