EUR/USD 1.16889
0.471%
Gold 4594.19
1.921%
Oil 58.695
0.131%
USD/JPY 157.777
-0.065%
GBP/USD 1.34563
0.375%
GBP/JPY 212.314
0.311%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 12th, Hengrui Medicine announced that its subsidiary, Suzhou Shengdiya Biopharmaceutical Co., Ltd., has had its injectable SHR-1826 included in the Breakthrough Therapy Product List by the Center for Drug Evaluation of the National Medical Products Administration. SHR-1826 is an antibody-drug conjugate targeting c-Met. It binds specifically to the target antigen on the surface of tumor cells, is internalized into the tumor cells, and then kills them. A search reveals that a similar product, ABBV-399, received accelerated approval from the US FDA in May 2025 for the treatment of adult patients with advanced/metastatic non-squamous non-small cell lung cancer who have previously received systemic therapy and have high c-Met protein expression. To date, the cumulative R&D investment in the SHR-1826 injectable project is approximately RMB 125.5 million.On January 12th, Sanfangxiang issued an announcement stating that, according to preliminary calculations by its finance department, the company expects a negative net profit attributable to shareholders of the listed company for 2025, resulting in an operating loss for the year. The company will strictly comply with the relevant regulations, including the "Shanghai Stock Exchange Listing Rules," and expedite its financial accounting work, disclosing its 2025 performance forecast as soon as possible. The final financial data will be subject to the companys officially released 2025 annual report.On January 12, Longxun Technology announced that it submitted an application to the Hong Kong Stock Exchange for an overseas public offering of H shares and listing on the Main Board of the Hong Kong Stock Exchange on December 22, 2025, and published the application materials for this offering on the Hong Kong Stock Exchange website on the same day. The company has submitted the filing application materials for this offering to the China Securities Regulatory Commission (CSRC) in accordance with relevant regulations, and the CSRC recently accepted them.On January 12, it was reported that U.S. Immigration and Customs Enforcement (ICE) officers shot and killed 37-year-old Ryan Goode during an immigration enforcement operation in Minneapolis on January 7, sparking days of protests across the United States. On January 11, protests entered their sixth day in Minneapolis, New York, Oakland, Atlanta, and other cities. Residents of Minneapolis stated that this forced immigration enforcement by the federal government was tantamount to "terrorism." Other protesters stated that the U.S. governments attacks on immigrants domestically and its imperialist aggression abroad should both be opposed.January 12 - Mass rallies were held today in several Iranian cities, including Kerman, Zahedan, Rasht, and Hamadan, to condemn the recent unrest in Iran, which they believe is due to foreign interference.

Despite the RBA's aggressive policy statement, the AUD/JPY pair falls below 91.40

Daniel Rogers

Feb 10, 2023 11:43

AUD:JPY.png 

 

Having reached an intraday high greater than 91.40 during the Asian session, the AUD/JPY pair is currently under selling pressure. Despite the aggressive monetary policy statement by the Reserve Bank of Australia, the Australian Dollar has met offers (RBA).

 

Increasing gasoline prices, series demand, and electricity rates drove the increase in Australian inflation in December. The loss of rebates in Western Australia resulted in a 7% increase in electricity bills in December.

 

The RBA has projected that Gross Domestic Product (GDP) growth will be 2.75 percent in 2022, 1.5 percent in 2023, and 1.5 percent in 2024.

 

On the Japanese Yen front, investors are awaiting the Bank of Japan contenders to replace Haruhiko Kuroda (BoJ). Analysts at Commerzbank expect that next week's nomination, regardless of who emerges as the frontrunner, would have a substantial impact on the Yen exchange rate.

 

In the interim, Japanese Prime Minister Fumio Kishida stated, "The administration is in the process of picking the nominee for the next BoJ Governor, and they are aware of the market's keen interest in the choice." He stated, "Communication skills have become increasingly important for someone like the new governor of the Bank of Japan."

 

According to a report by Reuters, the Japanese government intends to present its candidates for governor and two deputy governors to parliament on February 14.

Suggestion