EUR/USD
1.16989
-0.113%
Gold
4573.30
-0.519%
Oil
100.930
3.536%
USD/JPY
159.773
0.100%
GBP/USD
1.35001
-0.129%
GBP/JPY
215.698
-0.022%
Real-time News
Shares of U.S. analog chipmakers rose in pre-market trading after NXP Semiconductors (NXPI.O) forecast better-than-expected second-quarter profit and revenue. ON Semiconductor (ON.O) gained 4.6%, Texas Instruments (TXN.O) rose 0.6%, and Microchip Technology (MCHP.O) gained 2.5%.On April 29th, Tencent Hunyuan announced the open-source release of its mobile offline translation model, Hy-MT1.5-1.8B-1.25bit. This model, which supports 33 languages, is compressed to 440MB and can be downloaded and run directly on a mobile phone without an internet connection. The model boasts "translation quality superior to Google Translate."According to data from the China Passenger Car Association (CPCA), from April 1st to 26th, retail sales of passenger vehicles nationwide reached 1.004 million units, a 24% decrease compared to the same period last year and a 19% decrease compared to the same period last month. Year-to-date, cumulative retail sales totaled 5.226 million units, a 19% decrease year-on-year. From April 1st to 26th, retail sales of new energy passenger vehicles nationwide reached 614,000 units, an 11% decrease compared to the same period last year and a 6% decrease compared to the same period last month. Year-to-date, cumulative retail sales totaled 2.523 million units, a 19% decrease year-on-year.On April 29th, Ren Hongbin published an article in *China Cyberspace Administration* entitled "Implementing the Spirit of the Fourth Plenary Session of the 20th CPC Central Committee to Promote the Development of Digital and Green Trade." Going forward, the China Council for the Promotion of International Trade (CCPIT) will continue to successfully host the Blockchain Expo, highlighting the industrial needs and application orientations in digital and green fields. It will also organize dedicated zones for artificial intelligence and innovation chains, showcasing innovative cooperation between Chinese and foreign enterprises in digital and green technologies, demonstrating my countrys supporting role in the global industrial and supply chains in related fields, and promoting the development of digital and green trade. The CCPIT will further amplify the spillover effects of the Blockchain Expo, promote the deep integration of technological and industrial innovation, deepen cooperation among research entities, business entities, and financial institutions, and help upgrade traditional industries, develop and expand emerging industries, and accelerate the cultivation of future industries. The CCPIT will also strengthen its support and guidance for Chinese and foreign enterprises to deepen trade cooperation in digital and green fields, expand exports of digital economy, energy conservation and environmental protection, and green and low-carbon services, and create new highlights in foreign economic and trade cooperation.S&P: (Regarding South Korea) We expect the general government deficit to remain at a moderate level over the next three to four years.
