EUR/USD
1.15058
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Gold
4050.56
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Oil
82.051
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USD/JPY
159.809
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1.34517
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GBP/JPY
214.971
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Real-time News
July 31 – According to data from the Shanghai Municipal Tax Service, value-added tax invoices show that in the first half of the year, sales revenue in traditional industries such as food manufacturing in Shanghai increased by 9.2% year-on-year. Meanwhile, emerging industries maintained rapid growth, with sales revenue in sectors such as intelligent vehicle equipment and robotics increasing by 61.5% and 17.5% year-on-year, respectively.On July 31, the Ministry of Industry and Information Technology (MIIT) released the economic performance of the telecommunications industry in the first half of 2026. In the first half of the year, telecommunications business revenue totaled 887.3 billion yuan, a year-on-year decrease of 2.1%. The total volume of telecommunications business, calculated at constant prices from the previous year, increased by 7.7% year-on-year. The number of mobile phone users remained stable with slight growth, and 5G users developed rapidly. As of the end of June, the total number of mobile phone users of the three major basic telecommunications enterprises and China Broadcasting Network reached 1.844 billion, a net increase of 17.04 million from the end of last year. Among them, 5G mobile phone users reached 1.288 billion, a net increase of 84.34 million from the end of last year, accounting for 69.9% of all mobile phone users. 5G network construction continued to deepen. As of the end of June, the total number of 5G base stations reached 5.102 million, a net increase of 263,000 from the end of last year, accounting for 39.1% of the total number of mobile base stations, an increase of 0.9 percentage points compared to the first quarter.Royal Bank of Canada: Raises its price target for Amazon (AMZN.O) from $320 to $330.ECB Governing Council member Koch said the ECB Governing Council will make a decision in the fall based on the latest data to sustainably restore the eurozone inflation rate to the target level of 2%.ECB Governing Council member Koch said: "Recent developments have shown how geopolitical situations can rapidly change energy prices and thus affect the inflation outlook."
