Real-time News

According to Hong Kong Stock Exchange documents, Tongao Testing Group Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

Amazon Web Services (AWS) announced it will offer up to $1 billion in cloud credits to accelerate the modernization of U.S. intelligence agencies.

On June 30th, all five land parcels in Shanghai's fifth batch of centralized land auctions were sold, with a total transaction price of approximately 12.572 billion yuan and a total premium of approximately 2.15 billion yuan. The total land area is approximately 180,000 square meters, with a planned building area of approximately 285,300 square meters. Three of the parcels were sold at a premium, with the highest premium rate reaching 29.63%. A total of 16 bidders participated in this batch of land auctions. Zhang Wenjing, General Manager of Shanghai Data at China Index Academy, stated that the participating companies were mainly state-owned enterprises and local urban investment platforms, including Greentown China and Jianfa International. Li Haocheng, an analyst at Tongce Research, stated that the bidding for this batch of land parcels remained highly competitive, indicating significant market activity. In particular, the demand for scarce residential land in core urban areas increased significantly, with fierce competition for prime parcels within the Inner Ring Road, such as Jing'an and Daning, resulting in outstanding premiums. Leading real estate companies are heavily investing in prime assets in core locations. Li Haocheng stated that the focus in the peripheral areas was on steady land replenishment. Low-density, improved land parcels in the suburbs such as Qizhong in Minhang District and Dongjing in Songjiang District were all sold at the reserve price, allowing real estate companies with advantages in the region to steadily expand their land reserves.

Market news: After halting exchange-traded funds (ETFs) backed by prediction markets, Wall Street regulators are soliciting public comments on “new” ETFs.

The U.S. Federal Trade Commission has ordered Amazon (AMZN.O) to pay $2.25 million to settle allegations of willful violations of the Fair Credit Reporting Act.

June 30 - According to the Japan Meteorological Agency, a 4.9-magnitude earthquake struck the offshore area of Iwate Prefecture, Japan, at approximately 23:02 local time on June 30. The earthquake had a focal depth of 40 kilometers and the strongest tremor was felt at an intensity of 3.

British Chancellor of the Exchequer Reeves: The UK Department for Transport needs to find £700 million in savings in the defense program.

Market news: Ukrainian President Zelenskyy met with British National Security Advisor Powell in Kyiv.

British Chancellor of the Exchequer Reeves: The British government has asked the Department of Energy to find £2 billion in savings to support defense programs.

June 30th - The agreement between the US and Iran to hold peace talks and a drop in fuel prices led to a slight increase in US consumer confidence in June. Data released Tuesday showed that the Conference Board's Consumer Confidence Index rose 0.6 points to 91.2 after a downward revision of the previous month's data. The median forecast from economists was 94.4. Indicators reflecting current conditions declined, while indicators reflecting expectations for the next six months rose.

According to the European Commission, as of June 28, the EU's rapeseed imports for the 2025/26 marketing year totaled 5.36 million tons, compared to 7.54 million tons in the same period last year.

According to the European Commission, as of June 28, the EU's soybean meal imports for 2025/26 totaled 18.91 million tons, compared to 19.32 million tons in the same period last year.

June 30th - Job openings in the U.S. remained largely unchanged in May, indicating stable labor demand while recent wage growth has picked up. According to data released Tuesday by the Bureau of Labor Statistics, 7.59 million new jobs were added last month, slightly higher than the revised figure for April. Economists' median forecast was 7.3 million. Employment increased in sectors such as construction, leisure, and hospitality. Job openings in professional and business services remained almost unchanged in May, although this sector accounted for the vast majority of job growth in April. New job openings in financial activities continued to decline, becoming the biggest drag on job growth this year. Tuesday's report reinforced signals from other recent data indicating a growing labor market. While rising prices during the Iran war dampened consumer confidence and weakened wage growth, their impact on labor demand was minimal, and consumer spending remained robust.

According to the European Commission, as of June 28, the EU's soybean imports for the 2025/26 marketing year totaled 13.98 million tons, compared to 14.52 million tons in the same period last year.

On June 30, the Trump administration announced it would halt funding to New York State's Medicaid Fraud Control Division, citing poor performance; this move could jeopardize the state's eligibility for federal funding for healthcare services to low-income individuals. In a letter to New York Attorney General Letitia James, the Department of Health and Human Services noted that New York State has lagged behind other major states in the number of related criminal prosecutions in recent years. James oversees the Medicaid Fraud Control Division, which is responsible for investigating and prosecuting fraudulent activities by healthcare providers.

U.S. Democratic Senator Fetterman wrote to the Federal Reserve expressing concerns about the speed of direct deposit processing. Fetterman told Fed Chairman Warsh that check clearing should be expedited.

The Conference Board: Consumers' average and median inflation expectations for the next 12 months have both declined slightly, but remain at relatively high levels. The percentage of consumers (net worth) who expect interest rates to continue rising over the next 12 months has risen to nearly 50%.