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Real-time News
Ukrainian negotiators believe progress has been made in reaching an agreement with Russia, which caused European defense stocks to fall, with Rheinmetall shares down 6.6% and Leonardo shares down 5.5%.April 10th - Kremlin: Special Envoy Dmitrievs visit to the US is not a resumption of peace talks in Ukraine. Dmitriev did not negotiate on the Ukraine issue; Russia wants peace, not a ceasefire. Peace can be achieved today if Ukrainian President Zelensky makes a decision. The Orthodox Easter ceasefire has humanitarian significance.According to Hong Kong Stock Exchange documents, Suzhou Tianfu Optical Communication Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.The Q1 earnings season for US stocks is upon us. Next week, pay close attention to the earnings reports from Goldman Sachs (GS.N), Bank of America (BAC.N), Citigroup (CN), and TSMC (TSM.N). Economic data to watch includes Chinas March trade balance and March industrial output growth (year-on-year); and the US March PPI year-on-year rate. Additionally, the State Council Information Office will hold a press conference next week on the national economic situation; several Federal Reserve officials will also speak. Please stay tuned. For a complete earnings calendar, please check the calendar section of the US-Hong Kong Telecom APP. Click to view...On April 10, Ukrainian negotiator Budanov stated that he has seen progress toward a potential peace agreement with the Kremlin, adding that resolving the war may not take too long. He expressed his belief that Russia also wants to end the war. "They both understand that the war needs to end. Thats why they are negotiating," Budanov said in an interview on April 4. "I dont think it will be long." Budanov, who served as head of Ukrainian military intelligence from 2020 to January of this year, is known for planning and sometimes personally leading raids against Russian forces. In January, President Zelensky appointed him as chief of staff of the presidential office. He is a key figure in the Ukrainian negotiating team in the trilateral talks aimed at ending the conflict. He also oversees prisoner exchanges with Russia. Although he has moved to an administrative role, Budanov retains the rank of lieutenant general, which gives him a unique perspective on the political and military challenges facing Ukraine. He acknowledged that both sides have maintained a "maximum demands" stance in the US-mediated negotiations so far, but expressed his belief that they will move closer together in seeking compromise.
