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ByteDance's Seed unit said recent market reports that former Seed member Gu Quanquan had left to found a startup are unconfirmed. The company said Gu participated in biomolecular structure prediction and LLM pretraining work but was not Seed's head o

2026-06-08

ByteDance's Seed unit said recent market reports that former Seed member Gu Quanquan had left to found a startup are unconfirmed. The company said Gu participated in biomolecular structure prediction and LLM pretraining work but was not Seed's head of AI drug discovery or pretraining, and it is unaware of his entrepreneurial plans.

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2026-06-08

1. Mongolia: Reduces copper mineral resource royalties to below 10%, aligning with international standards. 2. The attacked port in Oman has resumed operations, and previously delayed Omani crude oil loading is currently resuming. 3. According to C

1. Mongolia: Reduces copper mineral resource royalties to below 10%, aligning with international standards. 2. The attacked port in Oman has resumed operations, and previously delayed Omani crude oil loading is currently resuming. 3. According to CNBC, citing three OPEC+ sources, OPEC+ may raise its production target by approximately 188,000 barrels per day starting in July. 4. China's methanol imports declined in May, estimated at around 320,000-330,000 tons, with June imports estimated at 450,000 tons. 5. Data from the Shanghai Shipping Exchange shows that as of June 5, the Shanghai Export Container Freight Index (composite index) was 2726.48 points, up 154.75 points from the previous period. 6. According to SMM, the planned rebar production in June is 7.8377 million tons, a decrease of 205,800 tons from the actual production in May, a drop of 2.56%. 7. According to the latest wheat harvesting progress report from the Ministry of Agriculture and Rural Affairs, 166 million mu (approximately 11.4 million hectares) of summer wheat have been harvested nationwide, representing nearly 50% of the total. 8. According to incomplete statistics from Aladdin (ALD), as of June 5th, the port inventory of bauxite at 13 major Chinese ports was 34.5 million tons, an increase of 3.59 million tons compared to the previous month. 9. According to SteelHome E-commerce, the total urban inventory this week was 9.8576 million tons, a decrease of 158,300 tons (-1.58%) compared to last week, covering 37 cities and a total of 126 warehouses.
2026-06-07

The International Air Transport Association (IATA) projects that total revenue for the aviation industry will reach $1.165 trillion in 2026, up from $1.065 trillion in 2025.

The International Air Transport Association (IATA) projects that total revenue for the aviation industry will reach $1.165 trillion in 2026, up from $1.065 trillion in 2025.
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