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Real-time News
On July 25th, Dalian City introduced a new policy of temporary interest subsidies for housing provident fund loans. For second-home housing provident fund loans approved between July 24, 2026, and December 31, 2027, a subsidy of up to 15% of the actual interest will be provided for a maximum period of three years, specifically to reduce the repayment pressure on those seeking to upgrade their homes. Nationwide, nearly 90 cities have successively introduced various housing subsidies and loan burden reduction measures this year, continuously enriching the toolbox of local policies to stabilize the housing market. However, Dalians approach of providing financial subsidies for second-home housing provident fund loans is a relatively rare exploration in recent times.Russian Ministry of Defense: Russian air defense systems shot down 328 Ukrainian drones overnight.On July 25th, Nvidia (NVDA.O) CEO Jensen Huang made his first appearance on Elon Musks social media platform X. His first tweet was a letter co-signed by Nvidia, emphasizing the importance of open-source AI models. Musk retweeted the post, saying, "Huang is right, I fully support him."Kuwait Petroleum CEO: We welcome Blackstone, Brookfield and KKR as long-term investors in the Peregrine Project.Samsung Electronics and Broadcom have signed a memorandum of understanding covering collaboration in memory chips, foundry services, and advanced packaging up to $200 billion by 2030. Samsung Electronics will partner with Broadcom to develop Broadcoms next-generation AI accelerator based on Samsungs HBM technology. Samsung Electronics will provide sub-2nm foundry processes and advanced packaging solutions.
