EUR/USD
1.18183
0.075%
Gold
5186.42
0.432%
Oil
65.408
-0.180%
USD/JPY
155.920
-0.287%
GBP/USD
1.35630
0.028%
GBP/JPY
211.479
-0.246%
Real-time News
February 26th - Latest supply chain information shows that after bottoming out and rebounding in the second half of 2024, mobile phone memory and storage chip prices have maintained an upward trend for several consecutive quarters, with the increase further expanding at the beginning of 2026. Multiple industry insiders confirmed that the current procurement cost of smartphone storage chips has increased by more than 80% compared to the same period last year, and there are no signs of a slowdown. Due to this cost pressure, according to channel and ODM manufacturers, several leading mobile phone brands, including OPPO, OnePlus, vivo, Xiaomi, iQOO, and Honor, are planning to launch a new round of product price adjustments in early March. This will be the largest and most significant collective price adjustment in the mobile phone industry in nearly five years. With frequent fluctuations in memory costs, the Chinese mobile phone market may face its first-ever situation of multiple price increases within a single year in 2026.Moodys rating: The outlook for Vietnams banking sector is stable, but liquidity is deteriorating.Moodys rating: Private consumption continues to drive Vietnams economic growth. GDP growth is projected at 6.5% in 2026.February 26th - Hajime Takada, the most hawkish policymaker at the Bank of Japan, called for further interest rate hikes on Thursday, just a day after Prime Minister Sanae Takaichi hinted at her desire to continue the loose monetary policy. Speaking to local business leaders in Kyoto, Takada said, "I think the central bank should further adjust its policy and conduct relevant communications to make it clear that the price stability target has been largely achieved." This was Takadas first public statement since his proposal for consecutive interest rate hikes at a policy meeting last month, which surprised Bank of Japan observers. While his call for further rate hikes on Thursday was not unexpected, it highlights the growing division between the more radical faction within the central bank pushing for policy normalization and the government. This comes after Takaichi nominated two prominent proponents of loose monetary policy to new board members.On February 26, the Supreme Peoples Court held a press conference to report on its work in punishing property crimes, strengthening the crackdown on fraud, and precisely targeting crimes involving concealment and covering up of criminal proceeds. From 2021 to 2025, the peoples courts accepted 1.273 million new first-instance cases of property crimes and concluded 1.271 million cases, effectively combating and curbing the high incidence of property crimes and safeguarding the property security of the people.
