EUR/USD
1.16333
-0.087%
Gold
4615.58
-0.244%
Oil
59.472
-2.467%
USD/JPY
158.487
0.036%
GBP/USD
1.34150
-0.236%
GBP/JPY
212.613
-0.181%
Real-time News
On January 15th, the State Administration for Market Regulation (National Standardization Administration) approved and released a batch of important national standards, covering emerging fields, transportation and green and low-carbon development, work safety, and peoples daily lives. In emerging fields, four national standards for industrial internet platforms were released, providing crucial support for the large-scale development and application of industrial internet platforms. Four national standards for digital supply chains were also released, facilitating the digital development of supply chains and enhancing the resilience of the industrial chain. Five national standards for integrated safety in smart factories were released, promoting the manufacturing industry towards a high-quality and sustainable development stage through data-driven precision management. Finally, a national standard for the technical specifications of classification and comprehensive utilization of recyclable rare earth secondary resources was released, supporting the recycling and utilization of rare earth resources.January 15th - According to multiple sources, the tax evasion period for overseas income of mainland Chinese tax residents has been extended, now extending to as early as 2020 or even 2017. Since 2025, many tax residents have received notices and reminders from tax authorities requiring them to conduct self-assessments of their domestic and overseas income and file tax returns promptly. The tax evasion scope mainly covers the past three years, primarily 2022 and 2023.On January 15th, MIUI analyst Lee Hardman stated in a report that Japanese authorities may find it difficult to support the yen through potential intervention. He pointed out that market concerns about fiscal risks are unlikely to subside in the short term, and the Federal Reserve is expected to keep interest rates unchanged until a new chairman takes office. The Japanese Finance Minister hinted at possible intervention after the yens recent sharp decline, primarily influenced by Prime Minister Sanae Takashis plan to call a snap election. Investors are betting that if Takashi consolidates her power, she may push for further fiscal stimulus, thereby reducing the likelihood of interest rate hikes.On January 15th, ING analyst Bert Colijn stated in a report that the Eurozone industrial recovery appears to be showing signs of renewed vitality. Industrial output rose 0.7% month-on-month in November, marking the third consecutive month of increase. Colijn pointed out that excluding the unusually high output in March due to manufacturers anticipating US tariffs, production has reached its highest level in two and a half years. He stated, "The industrial outlook is improving as investment drives production growth." However, the coming months may be disappointing, as the manufacturing Purchasing Managers Index (PMI) has shown a steady decline in confidence since August. Colijn added, "While there may be significant volatility, Eurozone industry is indeed showing more signs of recovery as investment plans are gradually implemented."January 15th - Shanghai held its 2026 Citywide Business Work Conference on January 15th. The conference emphasized that 2026 is the first year of the 15th Five-Year Plan, and that in accordance with the spirit of General Secretary Xi Jinpings important speech during his inspection of Shanghai, the city should adhere to the "four priorities," prioritize action, and strive for a leap forward to make greater contributions to the overall development of the city from this new starting point. The conference focused on five key areas: First, to focus on "striving for another leap forward" and continuously stabilize business economic growth. Second, to adhere to domestic demand as the main driver and vigorously boost consumption. Third, to stabilize the fundamentals of foreign trade and accelerate structural transformation and innovative development. Fourth, to create new advantages for attracting foreign investment and promote the consolidation and optimization of foreign investment.
