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The Federal Reserve accepted $1.429 bln from six counterparts in its fixed-rate reverse repo operation.

2026-08-07

The Federal Reserve accepted $1.429 bln from six counterparts in its fixed-rate reverse repo operation.

Other News
2026-08-06

On Aug. 6, Bailong Oriental disclosed 1H 2026 results: revenue 4.274 bln yuan, up 19.03% YoY; net profit attributable to shareholders 559 mln yuan, up 43.45% YoY; basic EPS 0.37 yuan. Board proposes cash dividend of 1.8 yuan per 10 shares (tax includ

On Aug. 6, Bailong Oriental disclosed 1H 2026 results: revenue 4.274 bln yuan, up 19.03% YoY; net profit attributable to shareholders 559 mln yuan, up 43.45% YoY; basic EPS 0.37 yuan. Board proposes cash dividend of 1.8 yuan per 10 shares (tax included).
2026-08-06

Aug. 6 — ByteDance CEO Liang Rubo told a mid‑year all‑staff meeting that the The company’s large language models have fallen behind leading overseas models but ByteDance will persist with internal R&D, focus on fundamentals and accept short‑term lag

Aug. 6 — ByteDance CEO Liang Rubo told a mid‑year all‑staff meeting that the The company’s large language models have fallen behind leading overseas models but ByteDance will persist with internal R&D, focus on fundamentals and accept short‑term lag to optimize long‑term outcomes. Liang said the choice is not driven by external pressure but by a deliberate push for engineering discipline and delayed gratification, which he called essential for achieving AGI. Tan Dai, head of the Creativity Services platform, said only SOTA models unlock high‑value B2B scenarios; the company’s video generation model Seedance2.0 has moved the technology from a “toy” to commercial content production, with weekday invocation volumes substantially higher than weekends.
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