EUR/USD
1.14280
0.125%
Gold
4068.02
1.511%
Oil
82.521
0.317%
USD/JPY
162.667
0.113%
GBP/USD
1.34285
-0.012%
GBP/JPY
218.442
0.103%
Real-time News
General Motors (GM.N) expects full-year net income to be between $8.4 billion and $9.8 billion.General Motors (GM.N) reported revenue of $48.03 billion in Q2 2026, compared to market expectations of $47.011 billion and $47.122 billion in the same period last year.The UAE strongly condemned Irans renewed aggressive strikes against Bahrain, Kuwait, and Jordan.On July 21st, ByteDances XR (Extended Reality) business, PICO, recently completed a change in its head: due to personal planning reasons, founder Zhou Hongwei will no longer serve as the head of PICO, and Li Xiaokai will take over as head, fully responsible for PICOs business. It is understood that this management handover will not affect PICOs established strategic direction, R&D work, or product plans. This year, PICO will launch a brand-new Mixed Reality (MR) product as planned. As the founder of PICO, Zhou Hongwei has made significant contributions to PICOs growth over the past 11 years. PICO has internally issued a notice confirming Zhou Hongweis departure from the company and expressing gratitude for his long-term dedication and contributions.In a report, Magdalene Teo, Asia fixed income analyst at Julius Baer, noted that with renewed escalation of tensions between the US and Iran, most Asian central banks are likely to maintain their current interest rates and remain hawkish. The report stated that economic growth in Asia is expected to slow this year due to supply chain disruptions and the ongoing impact of global energy price shocks, with both consumers and traditional industries facing pressure. Teo anticipates that the central banks of Japan, South Korea, Indonesia, and the Philippines will maintain a hawkish stance. She added, "However, if US economic data continues to weaken, a weaker dollar could provide some room for Asian central banks to support economic growth."
