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2024-10-04 15:56
The British pound has risen, but still at a weak level, recovering somewhat after a sharp drop on Thursday. Bank of England Governor Bailey's remarks opening the door to increased rate cuts caused the pound to plummet on Thursday. Credit Suisse Bank analyst Ipek Ozkardeskaya stated in a report that the Bank of England's cautious attitude towards rate cuts earlier and the unexpectedly strong performance of the UK economy in the first half of the year have been the main driving forces for the pound's strength this year, but 'both seem to be in a dangerous position.' Bailey stated that if inflation continues to slow, the Bank of England may be more proactive in cutting rates. Data from FactSet shows the pound rising 0.2% against the dollar to 1.3144 dollars, after hitting a three-week low of 1.3092 dollars on Thursday. The euro fell 0.2% against the pound to 0.8393 pounds.
The British pound has risen, but still at a weak level, recovering somewhat after a sharp drop on Thursday. Bank of England Governor Bailey's remarks opening the door to increased rate cuts caused the pound to plummet on Thursday. Credit Suisse Bank analyst Ipek Ozkardeskaya stated in a report that the Bank of England's cautious attitude towards rate cuts earlier and the unexpectedly strong performance of the UK economy in the first half of the year have been the main driving forces for the pound's strength this year, but 'both seem to be in a dangerous position.' Bailey stated that if inflation continues to slow, the Bank of England may be more proactive in cutting rates. Data from FactSet shows the pound rising 0.2% against the dollar to 1.3144 dollars, after hitting a three-week low of 1.3092 dollars on Thursday. The euro fell 0.2% against the pound to 0.8393 pounds.
2024-10-04 15:53
Hang Seng Tech Index's closing gains once expanded to 5%, with component stocks Hua Hong Semi, Semiconductor Manufacturing International Corporation up over 29%, SenseTime up nearly 20%, jd.com up over 7%, and Sunny Optical up nearly 6%.
Hang Seng Tech Index's closing gains once expanded to 5%, with component stocks Hua Hong Semi, Semiconductor Manufacturing International Corporation up over 29%, SenseTime up nearly 20%, jd.com up over 7%, and Sunny Optical up nearly 6%.
2024-10-04 15:52
Recently, reporters learned from the Guangzhou tax department that Guangzhou has gathered a group of leading self-driving companies. In response to the personalized tax needs of these companies, the Guangzhou tax department continues to optimize its service methods. Taking into account the highly integrated and intelligent characteristics of the self-driving car industry, the Guangzhou tax department leverages the benefits of 'policy matchmaking,' combines with the needs of enterprises, timely pushes policies such as manufacturing industry VAT retention and refund, R&D expense deduction, and high-tech enterprise loss compensation, guides financial personnel of enterprises to handle related tax matters, and establishes a follow-up tracking and management service mechanism. (China Youth Daily)
Recently, reporters learned from the Guangzhou tax department that Guangzhou has gathered a group of leading self-driving companies. In response to the personalized tax needs of these companies, the Guangzhou tax department continues to optimize its service methods. Taking into account the highly integrated and intelligent characteristics of the self-driving car industry, the Guangzhou tax department leverages the benefits of 'policy matchmaking,' combines with the needs of enterprises, timely pushes policies such as manufacturing industry VAT retention and refund, R&D expense deduction, and high-tech enterprise loss compensation, guides financial personnel of enterprises to handle related tax matters, and establishes a follow-up tracking and management service mechanism. (China Youth Daily)
2024-10-04 15:51
In early European trading, oil prices remained stable after rising 5%, with increasing concerns that Israel might retaliate against Iran's oil facilities. Brent crude and crude oil both rose by 0.8% to $78.22 and $74.30 per barrel respectively. These benchmarks surged on the previous trading day, thanks to statements from US President Joe Biden, who indicated officials were considering whether to support Israeli attacks on Iran's oil facilities. Given that Iran is the world's seventh largest oil producer, an attack on its oil infrastructure will increase market pricing risks. However, concerns about global demand and oversupply prospects have limited further price increases, as OPEC member Libya resumed production on Thursday and OPEC+ is preparing to increase output in December.
In early European trading, oil prices remained stable after rising 5%, with increasing concerns that Israel might retaliate against Iran's oil facilities. Brent crude and crude oil both rose by 0.8% to $78.22 and $74.30 per barrel respectively. These benchmarks surged on the previous trading day, thanks to statements from US President Joe Biden, who indicated officials were considering whether to support Israeli attacks on Iran's oil facilities. Given that Iran is the world's seventh largest oil producer, an attack on its oil infrastructure will increase market pricing risks. However, concerns about global demand and oversupply prospects have limited further price increases, as OPEC member Libya resumed production on Thursday and OPEC+ is preparing to increase output in December.
2024-10-04 15:46
shanghai fudan-zhangjiang bio-pharmaceutical co. ltd. (01349) surged more than 25%, as of the time of publication, it rose by 25.48%, closing at 3.25 Hong Kong dollars, with a turnover of 20.1562 million Hong Kong dollars. In terms of news, recently, the company's injection hemoporfin American registration project (F0026 project) phase II clinical trial for treating fresh red birthmarks has successfully enrolled the first subject in the United States. According to the announcement, hemoporfin is the world's first photodynamic drug for the treatment of fresh red birthmarks, combining new drug targets, new compounds, and new indications into one. As a National Class 1.1 new drug, the injection hemoporfin (trade name: Fumeida) was officially launched for sales in mainland China in 2017. The shanghai fudan-zhangjiang bio-pharmaceutical co. ltd. 2024 interim report shows that Fumeida's sales revenue increased by 36.17% compared to the same period last year.
shanghai fudan-zhangjiang bio-pharmaceutical co. ltd. (01349) surged more than 25%, as of the time of publication, it rose by 25.48%, closing at 3.25 Hong Kong dollars, with a turnover of 20.1562 million Hong Kong dollars. In terms of news, recently, the company's injection hemoporfin American registration project (F0026 project) phase II clinical trial for treating fresh red birthmarks has successfully enrolled the first subject in the United States. According to the announcement, hemoporfin is the world's first photodynamic drug for the treatment of fresh red birthmarks, combining new drug targets, new compounds, and new indications into one. As a National Class 1.1 new drug, the injection hemoporfin (trade name: Fumeida) was officially launched for sales in mainland China in 2017. The shanghai fudan-zhangjiang bio-pharmaceutical co. ltd. 2024 interim report shows that Fumeida's sales revenue increased by 36.17% compared to the same period last year.
2024-10-04 15:45
Lebanon's Minister of Transportation Hamieh stated on the 4th that earlier in the day, Israel launched an airstrike near a border crossing between Lebanon and Syria, cutting off the main international road connecting the two countries. In recent days, hundreds of thousands of people have used this road to flee Lebanon. Hamieh said that the attack created a crater about four meters wide on the Lebanese side near the crossing. On the 3rd, an Israeli military spokesperson claimed that Hezbollah in Lebanon was using this crossing point to transport military equipment into Lebanon. Currently, Hezbollah in Lebanon has not responded to this (CCTV News).
Lebanon's Minister of Transportation Hamieh stated on the 4th that earlier in the day, Israel launched an airstrike near a border crossing between Lebanon and Syria, cutting off the main international road connecting the two countries. In recent days, hundreds of thousands of people have used this road to flee Lebanon. Hamieh said that the attack created a crater about four meters wide on the Lebanese side near the crossing. On the 3rd, an Israeli military spokesperson claimed that Hezbollah in Lebanon was using this crossing point to transport military equipment into Lebanon. Currently, Hezbollah in Lebanon has not responded to this (CCTV News).
2024-10-04 15:43
On October 4th, according to news, apple is expected to launch the fourth generation iPhone SE in the spring of 2025, which will be the first to use OLED screen, and the price may range from 459 to 499 U.S. dollars, equivalent to 3225 to 3506 Chinese yuan. Supply chain sources said that apple has started ordering OLED screens from China's jd.com and south korea's LG for the upcoming iPhone SE 4. It is understood that the iPhone SE 4 will be equipped with a 6.1-inch OLED display, a significant upgrade from the current model's 4.7-inch LCD screen. (Sina)
On October 4th, according to news, apple is expected to launch the fourth generation iPhone SE in the spring of 2025, which will be the first to use OLED screen, and the price may range from 459 to 499 U.S. dollars, equivalent to 3225 to 3506 Chinese yuan. Supply chain sources said that apple has started ordering OLED screens from China's jd.com and south korea's LG for the upcoming iPhone SE 4. It is understood that the iPhone SE 4 will be equipped with a 6.1-inch OLED display, a significant upgrade from the current model's 4.7-inch LCD screen. (Sina)
2024-10-04 15:37
Local time on October 4th, the Director of the Russian Federal Security Service, Bortnikov, stated that Ukraine is attempting to drag Baltic coastal countries into the conflict by provoking in the direction of Belarus. Bortnikov mentioned that Russia revealed in March that Ukraine was recruiting mercenaries for the Ukrainian army through its embassies abroad. Ukraine has not responded to this yet.
Local time on October 4th, the Director of the Russian Federal Security Service, Bortnikov, stated that Ukraine is attempting to drag Baltic coastal countries into the conflict by provoking in the direction of Belarus. Bortnikov mentioned that Russia revealed in March that Ukraine was recruiting mercenaries for the Ukrainian army through its embassies abroad. Ukraine has not responded to this yet.
2024-10-04 15:32
Court documents on Friday show that the Russian Prosecutor General has filed a lawsuit against multiple energy companies under Shell Oil Company. The lawsuit was filed on October 2 to the Moscow Arbitration Court, targeting 8 units of Shell Oil Company. The documents indicate that the lawsuit was initiated by Gazprom Export, the Russian Ministry of Energy, and others. Shell did not provide more details and did not immediately respond to requests for comments.
Court documents on Friday show that the Russian Prosecutor General has filed a lawsuit against multiple energy companies under Shell Oil Company. The lawsuit was filed on October 2 to the Moscow Arbitration Court, targeting 8 units of Shell Oil Company. The documents indicate that the lawsuit was initiated by Gazprom Export, the Russian Ministry of Energy, and others. Shell did not provide more details and did not immediately respond to requests for comments.
2024-10-04 15:25
Yu Xin bank analysts stated in the report that we expect the USA to add new jobs to further slow down from August's 0.142 million, while the unemployment rate will slightly rise to 4.3%. Weak economic data may erase some of the dollar's gains this week, while data stronger than expected may boost the dollar. Earlier, Federal Reserve Chairman Powell suppressed bets on further substantial interest rate cuts.
Yu Xin bank analysts stated in the report that we expect the USA to add new jobs to further slow down from August's 0.142 million, while the unemployment rate will slightly rise to 4.3%. Weak economic data may erase some of the dollar's gains this week, while data stronger than expected may boost the dollar. Earlier, Federal Reserve Chairman Powell suppressed bets on further substantial interest rate cuts.

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