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European Central Bank President Christine Lagarde: Surveys show an economic slowdown, particularly in the service sector.

2026-06-11

European Central Bank President Christine Lagarde: Surveys show an economic slowdown, particularly in the service sector.

Other News
2026-06-11

Yitong New Materials said in a conference call that gross margin on its traditional powder‑metallurgy iron powder is about 20%. Battery‑grade powder requires fewer processing steps and yields a lower gross margin than powder‑metallurgy iron powder. F

Yitong New Materials said in a conference call that gross margin on its traditional powder‑metallurgy iron powder is about 20%. Battery‑grade powder requires fewer processing steps and yields a lower gross margin than powder‑metallurgy iron powder. Forgings remain in capacity ramp‑up and are not yet at full production; higher per‑unit labor and depreciation keep forging margins below traditional powder. Traditional powder shows stable growth, battery powder is expanding rapidly alongside downstream LFP battery development, and forgings present sizable market potential. The company said this year’s faster growth partly reflects a small base last year.
2026-06-11

The overnight SHIBOR was 1.3970%, up 1.3 basis points; the 7-day SHIBOR was 1.4410%, up 2.8 basis points; and the 3-month SHIBOR was 1.4080%, up 0.6 basis points. Click to view >>

The overnight SHIBOR was 1.3970%, up 1.3 basis points; the 7-day SHIBOR was 1.4410%, up 2.8 basis points; and the 3-month SHIBOR was 1.4080%, up 0.6 basis points. Click to view >>
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