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At the midday close, China’s most-active futures were mixed. SHFE silver and soda ash rose over 3%; lithium carbonate and SHFE gold gained over 2%. Propylene, fuel oil, benzene and coking coal advanced more than 1.4%. Container shipping Europe route

2026-08-10

At the midday close, China’s most-active futures were mixed. SHFE silver and soda ash rose over 3%; lithium carbonate and SHFE gold gained over 2%. Propylene, fuel oil, benzene and coking coal advanced more than 1.4%. Container shipping Europe route tumbled over 4%; polysilicon fell over 2%; PTA dropped nearly 2%.

Other News
2026-08-10

Four traders said the Reserve Bank of India may have intervened in the FX market on Monday to support the rupee amid persistent uncertainty from the Middle East conflict. Traders said the RBI has been intervening frequently in recent sessions, appare

Four traders said the Reserve Bank of India may have intervened in the FX market on Monday to support the rupee amid persistent uncertainty from the Middle East conflict. Traders said the RBI has been intervening frequently in recent sessions, apparently to consolidate the rupee’s rebound since late July from near-record lows. They observed state-owned banks selling dollars, likely on on behalf of the RBI.
2026-08-10

Shanghai Municipal Commission of Commerce and six other departments issued a plan to build a national service‑trade innovation demonstration zone. The plan aims to attract AI R&D centers, open‑source platforms and joint labs. It calls for expanding c

Shanghai Municipal Commission of Commerce and six other departments issued a plan to build a national service‑trade innovation demonstration zone. The plan aims to attract AI R&D centers, open‑source platforms and joint labs. It calls for expanding cross‑border invocation of computing power and base large models and explicitly supports export of model products, including intelligent agents and multimodal generation systems. The plan encourages embodied‑intelligence and smart‑terminal firms to roll out full‑lifecycle service models and promotes AI adoption in healthcare, education and professional services. It also backs hosting the World Artificial Intelligence Conference and global developer events, accelerating a World AI Cooperation Organization headquarters, designing Pudong as an AI innovation application pilot zone, and supporting Xuhui district’s “Mosu Space” large‑model innovation community. The plan includes exploring a global AI governance framework.
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