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IEA monthly report: global oil demand is forecast to rise by 1.2 mln b/d in Q4.

2026-07-10

IEA monthly report: global oil demand is forecast to rise by 1.2 mln b/d in Q4.

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2026-07-10

The yen jumped on Friday after Japan's finance minister Katayama called for pension funds to increase domestic asset allocations, briefly reversing the currency's decline. USD/JPY fell about 0.7% to 161.29. Investors remain skeptical the gain will st

The yen jumped on Friday after Japan's finance minister Katayama called for pension funds to increase domestic asset allocations, briefly reversing the currency's decline. USD/JPY fell about 0.7% to 161.29. Investors remain skeptical the gain will stick, citing lingering geopolitical risk, fiscal concerns and interest-rate differentials; without follow-up measures the yen could resume weakness toward new 40-year lows. Official intervention risk persists, but markets are broadly doubtful the government's previous record yen-buying operations were effective. State Street's Tokyo manager Wakabayashi Bart said: "This may change the market narrative, but it is only an immediate reaction; further yen strength will require more commitments."
2026-07-10

At the 2026 Wangfujing Forum on July 10, Yushi Technology founder Wang Xingxing said AI is entering industry, cities and households at unprecedented speed and is shifting from a lab concept to a driver of economic growth, industrial upgrade and consu

At the 2026 Wangfujing Forum on July 10, Yushi Technology founder Wang Xingxing said AI is entering industry, cities and households at unprecedented speed and is shifting from a lab concept to a driver of economic growth, industrial upgrade and consumption change. He said robots will ultimately reach mass consumer markets and everyday life; Yushi has begun developing consumer-facing products and distribution channels. He stressed that for new technology to enter the consumer market it must demonstrate clear relevance to daily life, not rely only on technical specifications.
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