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Germany's unadjusted current account balance for May was €10.368 billion, compared to €13.8 billion in the previous month.

2026-07-13

Germany's unadjusted current account balance for May was €10.368 billion, compared to €13.8 billion in the previous month.

Other News
2026-07-13

The Bank of Korea said in a report released Monday that the global semiconductor market remains undersupplied and it expects the AI-driven current "supercycle" to continue for some time, rejecting investor concerns that the chip cycle has peaked. The

The Bank of Korea said in a report released Monday that the global semiconductor market remains undersupplied and it expects the AI-driven current "supercycle" to continue for some time, rejecting investor concerns that the chip cycle has peaked. The report noted: "Despite a sharp surge in demand driven by AI infrastructure investment, the pace of supply expansion has been relatively slow." It added there are no signs the semiconductor cycle is slowing.
2026-07-13

Domestic News: 1. Seres Group turns from profit to loss, with expected losses of at least 1.5 billion yuan in the first half of the year. 2. The National Development and Reform Commission has allocated 100 million yuan each to support post-disaster

Domestic News: 1. Seres Group turns from profit to loss, with expected losses of at least 1.5 billion yuan in the first half of the year. 2. The National Development and Reform Commission has allocated 100 million yuan each to support post-disaster recovery efforts in Guangxi and Zhejiang. International News: 1. Ukraine claims artillery fire hit a Russian oil refinery and an oil tanker in the Sea of Azov. 2. Samsung Electronics plans to bring forward the start of production at its first chip factory in Yongin to 2029. 3. Japan will push for the Government Pension Investment Fund (GPIF) to increase its allocation to alternative assets. 4. Senator Lindsey Graham, a close ally of Trump and a hawkish figure, died suddenly at the age of 71. He had previously advocated for war against Iran. 5. Ukraine initiates a political strategic adjustment; Zelenskyy plans to replace the prime minister, considering appointing the head of an oil and gas company to succeed him. 6. Middle East Situation— ① Iran claims to have destroyed multiple US military facilities in the Middle East. The US launched two airstrikes against Iran in the early morning; explosions were heard on Qeshm Island. ② Iran: The Strait of Hormuz is currently impassable; the US military says the southern channel of the Strait of Hormuz remains "open." ③ Kuwaiti military: Iranian attacks damaged border posts and drilling platforms. ④ Trump: Iran agreed to a "perfect deal" yesterday, but then opened fire. ⑤ Israel announces elections to be held on October 27. ⑥ Oman reportedly proposes a dual-channel management system for ship traffic in the Strait of Hormuz.
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