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U.S. strategic petroleum reserve crude oil inventories fell by about 3.7 million barrels last week to 307.7 million barrels, the lowest level since 1983.

2026-07-28

U.S. strategic petroleum reserve crude oil inventories fell by about 3.7 million barrels last week to 307.7 million barrels, the lowest level since 1983.

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2026-07-28

China's State Taxation Administration said tax data indicate continued industrial sales growth and accelerating development of new-type productive forces in 1H. STA director Hu Jinglin said sales from three sectors closely linked to new productive fo

China's State Taxation Administration said tax data indicate continued industrial sales growth and accelerating development of new-type productive forces in 1H. STA director Hu Jinglin said sales from three sectors closely linked to new productive forces—equipment manufacturing; information transmission, software and IT services; and scientific and technical services—made up 23.5% of total enterprise sales revenue in 1H, up 2.2 percentage points YoY and showing a rapid multi-year rise. The STA added that including other emerging sectors and upgraded traditional industries would raise that share further.
2026-07-28

Jucan Optoelectronics said at a results briefing its red/yellow LED business ramped to scale in 1H 2026, generating RMB78.17m in revenue, up 1,764.96% YoY and accounting for about 10% of main business revenue. The project’s planned capacity is 200,00

Jucan Optoelectronics said at a results briefing its red/yellow LED business ramped to scale in 1H 2026, generating RMB78.17m in revenue, up 1,764.96% YoY and accounting for about 10% of main business revenue. The project’s planned capacity is 200,000 units; as of end-June the first phase (100,000 units/month) was at full production and the second phase (100,000 units/month) has begun ramping, with full-load expected in Q3. The company said execution is on plan and H2 volumes are expected to increase further.
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