EUR/USD
1.16137
0.034%
Gold
4440.89
-0.766%
Oil
91.166
0.179%
USD/JPY
159.973
-0.029%
GBP/USD
1.34235
0.000%
GBP/JPY
214.745
-0.031%
Real-time News
On June 5th, the Liaoning Provincial Development and Reform Commission publicly solicited opinions on the "Liaoning Provinces 15th Five-Year Plan for Regional Coordinated Development (Draft for Solicitation of Opinions)." The plan mentions supporting Dalians development into a modern marine city. It emphasizes strengthening Dalians regional aviation hub function, completing the Dalian Jinzhou Bay International Airport, consolidating its role as an international hub seaport, and accelerating the construction of modern port facilities. It also aims to enhance the Dalian Commodity Exchanges ability to serve the real economy and develop futures-spot combined business. Furthermore, it promotes the construction of spot trading markets for green marine fuels such as green hydrogen, green alcohol, and green ammonia.On June 5th, the Shenzhen Financial Regulatory Bureau, in conjunction with the Shenzhen Municipal Bureau of Industry and Information Technology and other departments, issued the "Notice on Several Measures to Promote the High-Quality Development of New Energy Vehicle Insurance in Shenzhen." The notice mentions optimizing the benchmark premium rate for new energy commercial vehicle insurance, supporting the insurance industry in utilizing experience data to scientifically determine the pure risk loss rate of different vehicle models, and using this as an important reference for vehicle risk classification and benchmark premium rate setting, thereby improving the accuracy and rationality of new energy vehicle insurance pricing. It also calls for improving the market-based terms and rates formation mechanism and steadily expanding the floating range of independent pricing coefficients. Furthermore, it encourages property insurance companies to incorporate new risk factors such as driving range, safety features, and power performance into their pricing models, explore the application of traffic violation coefficients in pricing, and promote a better match between new energy vehicle insurance prices and risks, thus enhancing the scientific nature of pricing.On June 5th, an explosion occurred near the Mina Al Fahal oil terminal in Oman. Details regarding the cause and scale remain limited, but it is believed to have been a drone strike. Oman has played a behind-the-scenes diplomatic role in US-Iran negotiations, and any instability on its territory could significantly impact peace efforts. Throughout the conflict, Oman has occupied a unique and valuable position, maintaining communication channels with both Washington and Tehran, and is one of the few credible, neutral, and clandestine diplomatic venues. Whether Fridays explosion was a deliberate attack, an accident, or something else remains to be determined. However, its location in the Gulf of Oman, its impact on oil transportation, and its proximity to one of the key diplomatic players in the conflict will make it closely watched by energy traders, military analysts, and diplomats. Crucially, Mina Al Fahal is located in the Gulf of Oman, entirely outside the Persian Gulf, meaning the conflict has now clearly crossed the strait itself, affecting export infrastructure in open waters.On June 5th, the Shenzhen Financial Regulatory Bureau, in conjunction with the Shenzhen Municipal Bureau of Industry and Information Technology and other departments, issued the "Notice on Several Measures to Promote the High-Quality Development of New Energy Vehicle Insurance in Shenzhen." The notice mentions supporting the insurance industry in innovating and optimizing product supply to meet the insurance needs of new energy vehicles. It actively seeks to pilot the "basic + variable" new energy vehicle insurance combination product in Shenzhen. It explores providing flexible insurance coverage for part-time ride-hailing drivers by expanding the form of supplementary operating liability insurance. It encourages property insurance companies to explore and research comprehensive insurance for intelligent driving, providing sufficient insurance coverage for driverless taxis, buses, and logistics vehicles in Shenzhen. It encourages property insurance companies to explore and develop exclusive products adapted to application scenarios such as intelligent cockpits and "vehicle-road-cloud integrated systems." It explores and researches innovative pilot projects for "vehicle-battery separation" commercial vehicle insurance products in areas such as urban public transportation and Shenzhens zero-emission freight corridor. It supports the insurance industry in building an overseas insurance service network for new energy vehicles, improving underwriting capacity through co-insurance and reinsurance, and providing insurance support for Shenzhens new energy vehicles to "go global."On June 5th, the "Liaoning Province 15th Five-Year Plan for Regional Coordinated Development (Draft for Public Comment)" was released for public comment. The plan mentions supporting Shenyangs development into an international center city in Northeast Asia. It aims to build an international modern comprehensive hub city, establishing a "3-hour air transport circle" in Northeast Asia, promoting the construction of infrastructure such as airports and highways, and advancing the construction of the national new-generation artificial intelligence public computing power open innovation platform. It also aims to build a national advanced manufacturing center, expanding and upgrading traditional industries such as automobiles and auto parts, and equipment manufacturing, while cultivating and strengthening strategic emerging industries such as aerospace and new-generation information technology, and developing future industries such as embodied intelligence. Finally, it aims to create a modern service industry center in Northeast China, vigorously developing new business models such as smart logistics and digital finance, building a regional financial center, and creating a new landmark for international new product launches, debuts, and exhibitions.
