EUR/USD
1.16262
0.034%
Gold
4419.95
0.175%
Oil
90.313
-0.468%
USD/JPY
153.727
-0.402%
GBP/USD
1.35432
0.023%
GBP/JPY
208.200
-0.374%
Real-time News
September 8th - Japans economy grew faster than expected in the second quarter, further reinforcing market expectations that the Bank of Japan will raise interest rates next week. A report released by the Cabinet Office on Tuesday showed that second-quarter GDP grew at an annualized rate of 1.4%, higher than the previously estimated 1.1%. However, this result was lower than the median forecast of 1.8% by economists. This supports the Bank of Japans assessment that the Japanese economy is developing in line with its expectations and strengthens the necessity for the central bank to raise interest rates at its next policy meeting on September 18th.Artificial Intelligence: 1. Tencents Hy4 preview model has been upgraded, significantly reducing task rounds and input/output token consumption. 2. ByteDance is reportedly developing a real-time spatial video generation AI model, personally supervised by Zhang Yiming, with a release expected as early as next month. 3. The British King plans to host a high-level AI conference, with Jensen Huang and Demis Hassabis invited. 4. Chinas AI large-scale model usage has led for nineteen consecutive weeks, with a month-on-month increase of 379%. Tencents Hy4preview topped the list, while Xiaomis MiMo-V2.5 dropped off the list. Integrated Circuits (Chips): 1. Intel CPUs are reportedly set to increase prices by another 10% in early October. 2. Samsung is reportedly allocating half of its 4nm capacity to HBM4 base die production. 3. LPDDR6 production capacity is reportedly tight in the early stages of mass production; Xiaomis 18 Fold foldable phone will use Changxin and Hynix chips to ensure supply. 4. Huawei released the Mate XT 2 tri-foldable phone, equipped with the latest Kirin 9050 Pro chip, the first high-performance chip to adopt logical folding technology. 5. Lei Jun disclosed that the Xuanjie O100 and Xuanjie D100 will also be officially commercialized next year. New Energy Vehicles: 1. Reports indicate that Audi Chinas restructuring plan has been basically finalized: SAIC Audi will retain only AUDI, while the four-ring brand will be fully transferred to FAW Audi. 2. Xiaomis Pengcheng five-seater extended-range SUV N70 is priced from 209,900 yuan, and its seven-seater extended-range SUV N90 Max is priced from 269,900 yuan. Other: 1. Samsung is reportedly set to debut its self-developed humanoid robot in January 2027. 2. The Shanghai Institute of Optics and Fine Mechanics of the Chinese Academy of Sciences has made progress in the field of multi-dimensional multiplexed optical computing. 3. Unitree Robotics: Achieving the worlds first real-time driven fully autonomous humanoid robot combat using a world model. 4. Ministry of Industry and Information Technology: By 2030, a comprehensive and high-performance next-generation communication network will be fully established. Japans final reading for nominal GDP growth in the second quarter was 1.3%, below the expected 1.30% and the previous reading of 1.20%.Japans final GDP deflator for the second quarter was 2.6% year-on-year, below the expected 2.60% and the previous reading of 2.60%.Japans seasonally adjusted annualized bank lending rate (excluding trusts) was 5.8% in August, compared with 5.90% previously.
