EUR/USD
1.15862
0.159%
Gold
4390.60
0.332%
Oil
81.504
0.023%
USD/JPY
159.098
-0.162%
GBP/USD
1.35543
0.148%
GBP/JPY
215.651
-0.014%
Real-time News
On August 17th, Takehiko Nakao, former Japanese Finance Minister and President of the Asian Development Bank, stated that the Bank of Japan should raise interest rates at every policy meeting, aiming to elevate the benchmark rate to above 2% to narrow the interest rate differential between Japan and the US and alleviate pressure on the yens depreciation. He noted that even with Japans policy rate already at 1%, its real interest rate remains negative, while other countries have positive real interest rates. He believes that with inflation around 2%, a policy rate of 2.25% or 2.5% in Japan would not be uncommon.On August 17th, according to Tianyancha App, Kunming Beiye Data Technology Co., Ltd. was recently established. The legal representative is Qiu Jinghao, with a registered capital of 700 million RMB. It is a limited liability company (wholly foreign-owned), currently in operation, and its registered address is located in the Digital Economy Industrial Park, Enclosed Area of the Mohan-Boten Cooperation Zone. The companys business scope includes software development, information system integration services, information technology consulting services, and retail of computer hardware, software, and auxiliary equipment. Shareholder information shows that Beijing Zitiao Network Technology Co., Ltd. holds 100% of the companys shares, with a subscribed capital of 700 million RMB.Japanese power company J-Power: It will build a data center in Kaminokuni, Hokkaido, and will begin selling its GPU data center computing power in the summer of 2027.August 17th - According to the National Forestry and Grassland Administration, since the launch of the Three-North Shelterbelt Projects critical phase, the National Forestry and Grassland Administration, together with local governments and departments, has adhered to a systematic approach and scientific methods, allocating a total of 88.9 billion yuan in central government investment and implementing 544 key projects. The average annual construction area completed has exceeded 80 million mu (approximately 5.3 million hectares), making this the period with the greatest progress and best results in the projects history. Ecological benefits are gradually emerging, with the forest and grassland coverage rate in the project area reaching 40.76%, and the treatment rate of manageable desertified land reaching 67.82%, representing increases of 1.13 and 12.78 percentage points respectively compared to 2020. The main mid-term goals of the sixth phase of the Three-North Shelterbelt Project have been fully achieved.The New Taiwan dollar rose to 31.874 against the US dollar, a new high since July 2.
