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4605.20
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59.548
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Real-time News
January 16th - Japanese financial authorities may remain hesitant about intervening in the yen ahead of the Bank of Japans policy meeting on January 23rd. Bank of Japan Governor Kazuo Uedas cautious stance on further interest rate hikes is one factor contributing to the risk of a potential intervention failing. Other factors include Prime Minister Sanae Takaichis plan to call an early general election and Federal Reserve officials hints at a pause in interest rate cuts. Analysts say that intervention could be more effective if the Bank of Japan more explicitly opposes yen depreciation and signals an earlier interest rate hike.Bank of England Governor Bailey will attend the “Bellagio Conference 2026” in ten minutes.On January 16th, Superstar Legend (06683.HK) announced that it entered into sales contracts with independent third parties on November 4th and 5th, 2025, for the sale of quadruped robots. The main subject of these sales contracts is the quadruped robots, standardized products incorporating the Groups intellectual property, which will be procured by Superstar Creative Intellectual Property Limited from the holding company of Superstar Creative Entertainments counterparty under the cooperation agreement and sold to the Groups customers. Currently, the product has recently completed the design and development phase, and is expected to complete production testing by the end of this year, reaching the mass production stage by the first quarter of 2026.January 16th - With Trump restarting oil business with Venezuela, global attention is turning to the type of crude oil Venezuela possesses. Venezuela boasts the worlds largest proven oil reserves, largely comprised of heavy, high-sulfur crude from the Orinoco Oil Belt in the countrys central region. While the United States has become the worlds highest producer due to a surge in light shale oil drilling, most of its refineries were designed for heavy crude. According to the American Association of Petroleum Refiners (AFPM), nearly 70% of U.S. refining capacity is geared towards heavy crude, a legacy of investments made before the shale oil boom. Shon Hiatt, director of the Energy Business Initiative at the University of Southern California, stated that U.S. refineries will greatly benefit from increased Venezuelan crude exports: "Many refineries along the U.S. coast, particularly in Texas and Louisiana, were designed to process Venezuelan crude. Historically, U.S. companies were among the first to explore, extract, process, and export oil in Venezuela, so coastal refineries were built from the outset for this type of crude." Hiatt also pointed out that due to years of sanctions, Canadian heavy crude has replaced Venezuelan crude in imports. However, if Trump pushes for increased Venezuelan heavy oil exports, Canadian heavy oil could be replaced by cheaper Venezuelan crude.China Shenhua: From January to December 2025, the companys cumulative coal sales volume was 431 million tons, a year-on-year decrease of 6.4%.
