EUR/USD
1.14690
0.067%
Gold
4561.77
1.126%
Oil
99.538
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159.644
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GBP/USD
1.31979
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210.703
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Real-time News
The yield on Japans two-year government bonds fell 1.0 basis point to 1.345%.On March 31st, Zhengzhou rapeseed meal futures opened higher but then fluctuated downwards. Canadian canola futures closed higher, with the benchmark contract rising 1.00%, following the upward trend in international crude oil futures. Rapeseed meal spot prices fell slightly, with overall demand remaining weak. In major producing areas like South China, seedling planting has not yet commenced on a large scale, and feed companies are generally adopting a low-inventory strategy, only maintaining rigid restocking, resulting in rapeseed meal deliveries from oil mills remaining at a relatively low level of 0.91 million tons. In the short term, rapeseed meal prices are expected to fluctuate with a slightly bearish bias.On March 31, the Ministry of Finance released the 2026 central government budget. Among the central governments expenditures this year, science and technology expenditures are budgeted at 426.42 billion yuan, a 10% increase compared to the 2025 actual expenditure (387.7 billion yuan). This is significantly higher than the average growth rate of central government expenditures (5.5%), and also the highest growth rate among the major categories of central government expenditures exceeding 100 billion yuan. In 2012, central government expenditures on science and technology first exceeded 200 billion yuan (approximately 221 billion yuan), and in 2018, this expenditure first exceeded 300 billion yuan. This year, central government expenditures on science and technology are expected to exceed 400 billion yuan for the first time, accounting for approximately 9.4% of total central government expenditures. In the 2026 central government budgets investment expenditure table released by the Ministry of Finance, science and technology expenditures are budgeted at approximately 8.29 billion yuan, a 93.7% increase compared to last years actual expenditure, of which basic research is budgeted at approximately 8.04 billion yuan, an increase of 186.6%.On March 31, nine departments, including the Ministry of Industry and Information Technology, jointly issued the "Action Plan for Promoting the Innovative Development of the Internet of Things (IoT) Industry (2026-2028)". The plan outlines five major measures to promote the innovative development of the IoT industry: upgrading IoT devices, improving the service efficiency of IoT platforms, cultivating IoT application scenarios, strengthening the IoT network foundation, and creating an ecosystem for IoT industry development. These measures aim to further accelerate the comprehensive integration of IoT technology into production, consumption, and social governance, promote the deep integration of the digital economy and the real economy, and contribute to the development of new productive forces. The Action Plan proposes that by 2028, new IoT technologies, products, and models will continue to emerge, the industrys innovation capabilities will be continuously enhanced, breakthroughs will be achieved in key technologies such as sensing, network and communication, data processing, and security, the intelligence level of terminals and platforms will be significantly improved, more than 50 advanced and applicable standards will be formulated and revised, 10 application areas with hundreds of millions of connections and 15 application areas with tens of millions of connections will be cultivated and developed, the number of IoT terminal connections will strive to reach tens of billions, and the core IoT industry scale will exceed 3.5 trillion yuan.According to the Financial Times, British chip startup Fractile is seeking to raise $200 million to challenge Nvidia (NVDA.O).
