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Gold
4841.64
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59.731
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157.936
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Real-time News
On January 21, the State Council Information Office held a press conference to introduce the achievements in industrial and information technology development by 2025. The conference stated that my country has built 4.838 million 5G base stations, and all townships and 95% of administrative villages nationwide have 5G coverage. China has built the worlds largest and most technologically advanced information infrastructure. The number of 5G users exceeds 1.2 billion.Japanese Chief Cabinet Secretary Minoru Kihara: We are studying the details of the Peace Commission and will decide whether to join.January 21 - Japanese financial stocks fell as Tuesdays government bond market crash fueled concerns about potential losses for lenders and securities firms. The TOPIX bank index fell as much as 3.2%, its biggest drop in two months; the stock index fell as much as 3.6%, becoming the worst-performing sector in the benchmark index. Shares of major banks such as Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group all fell by more than 3%. Japanese bank stocks fell for the third consecutive trading day due to concerns about the potential fiscal impact of Prime Minister Sanae Takaichis plan to cut the food consumption tax. On Tuesday, long-term Japanese government bond yields surged to record highs. "Investors are worried that some financial institutions may have failed to manage their risks given such high yield volatility," said Tomoichiro Kubota, senior market analyst at Matsui Securities. He pointed out that rising long-term interest rates also increase corporate financing costs, "which could dampen enthusiasm for capital investment and similar activities," which is detrimental to banks and securities firms.Japanese Chief Cabinet Secretary Minoru Kihara: Japanese Prime Minister Sanae Takaichi has been invited to join the peace committee established by Trump to address the Gaza issue.January 21 – The State Council Taiwan Affairs Office held a regular press conference on January 21. A reporter asked: Some foreign media reported that China pressured European countries to ban Taiwanese politicians from entering the country, and Taiwans foreign affairs department attacked and slandered this. What is the spokespersons comment on this? Spokesperson Peng Qingen stated that we firmly oppose any form of official exchanges between countries that have diplomatic relations with China and Taiwan. The one-China principle is a basic norm of international relations and a universal consensus of the international community. The DPP authorities petty actions cannot shake the international communitys one-China framework.
