EUR/USD
1.17513
-0.028%
Gold
4957.47
0.436%
Oil
59.777
0.322%
USD/JPY
158.555
0.086%
GBP/USD
1.34991
-0.021%
GBP/JPY
214.041
0.081%
Real-time News
According to the Yomiuri Shimbun, Japanese automakers will launch an automotive semiconductor information sharing system.January 23 - Strategists say the yens recent weakness is unlikely to be contained after the Bank of Japan (BOJ) kept interest rates unchanged as expected. Hiromi Ishihara, an analyst at Amundi Japan, stated: "The market is actually implying that current interest rates may be too low relative to current inflation levels. In the short term, we expect the yen to weaken further, but we also expect some government intervention. Therefore, I dont think there will be a disorderly sell-off in the yen, but I also dont think it will appreciate in the short term." Yujiro Goto, an analyst at Nomura Securities, said: "The message from the BOJ indicates that it is aware of the possibility of a rate hike in April. The market had already fully priced in a July rate hike prior to this meeting. Despite the hawkish signals, downward pressure on the yen remains ahead of the BOJ governors press conference."On January 23, Minister of Ecology and Environment Huang Runqiu wrote an article in *New Industrialization*, stating that expanding the supply capacity of green products will be a key focus in promoting green consumption. This includes building a green and low-carbon product standard, certification, and labeling system; promoting the integration of green design and manufacturing of consumer goods; and continuously increasing green procurement efforts. The article also encourages trade-ins of traditional consumer goods such as automobiles and home appliances. Furthermore, it emphasizes strengthening the promotion and application of resource-recycled and remanufactured products, improving the waste recycling system, and perfecting the waste material recycling network. Finally, it calls for cultivating a number of leading green supply chain enterprises and promoting the application of green supply chain management technologies, standards, and certifications.On January 23, Minister of Ecology and Environment Huang Runqiu wrote an article in *New Industrialization*, stating that it is necessary to establish a carbon emission quota management system with clear expectations and transparency, and steadily promote a carbon emission quota allocation method that combines free and paid allocation. A wastewater and waste charging mechanism that covers costs and allows for reasonable profits should be established. The implementation of EOD projects should be steadily promoted, integrating pollution prevention and control projects with green industry development. A diversified investment mechanism for ecological protection and restoration should be established, and comprehensive ecological compensation should be promoted. A sound mechanism for realizing the value of ecological products should be established, supporting various regions in creating comprehensive demonstration models for realizing the value of ecological products, and transforming the ecological value of green mountains and clear waters into economic value according to local conditions.On January 23, Minister of Ecology and Environment Huang Runqiu wrote an article in *New Industrialization*, stating that optimizing environmental impact assessment and approval services will facilitate the implementation of major projects. Strict environmental access controls will be enforced to resolutely curb the blind launch of high-energy-consuming, high-emission, and low-level projects. The deep integration of industrial digitalization, intelligentization, and green development will be promoted, and the upgrading of traditional industrial processes, technologies, and equipment will be vigorously advanced. Green and low-carbon transformation will be promoted in key sectors such as industry, urban and rural construction, transportation, and energy, and high-quality ultra-low emission transformation will be advanced in key industries such as steel, cement, and coking. A multi-energy approach, including wind, solar, hydro, and nuclear power, will be adopted, coordinating local consumption and external transmission to promote high-quality development of clean energy. The complementary and resilient capabilities of the power system will be comprehensively improved, pumped storage will be scientifically planned, new energy storage technologies will be vigorously developed, and the construction of smart grids and microgrids will be accelerated.
