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Gold
4316.88
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96.455
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Real-time News
Norwegian gas transportation management company Gassco has significantly increased its forecast for planned gas supply disruptions on September 18-19 from 18 million cubic meters to 55.1 million cubic meters.On September 17th, according to Shanghai Customs statistics, Shanghais total import and export volume reached 3.44 trillion yuan in the first eight months of this year, a year-on-year increase of 17.1%. In August, despite the adverse effects of two typhoons, Shanghais foreign trade continued the growth momentum of the first seven months, with imports and exports increasing by 13.1%, exports by 16.1%, and imports by 10.5%. In the first eight months, Shanghais imports and exports with ASEAN reached 546.2 billion yuan, an increase of 30.6%. ASEAN has remained Shanghais largest trading partner for four consecutive months since May, with imports to Vietnam and Singapore increasing by 78.3% and 31.4% respectively. Imports and exports with South Korea increased by 64.3%, with exports increasing by 1.3 times. In August alone, Shanghais imports from Africa increased by 21.8%, with the zero-tariff policy continuing to benefit the region. During the same period, exports to the United States increased by 13.2%, maintaining a growth trend since April. Looking at key commodities, in the first eight months, the total imports and exports of five AI-related products—integrated circuits, servers, memory, hard drives, and semiconductor manufacturing equipment—increased by 90.7%, accounting for 24.9% of Shanghais total import and export value during the same period. During the same period, exports of the "new three items" increased by 78.2%.Ukraines Ministry of Infrastructure: A Russian drone strike on a Tanzanian-flagged ship bound for a Ukrainian port has killed one person and injured three crew members.ECB Governing Council member Machrouf: The ECB must focus on its 2% medium-term target.The CEO of shipping company Frontline said that Saudi Arabia will likely need to be more involved in the matter after the suspension of the East-West pipeline.
