Microsoft top executive Peter Lee announced on Wednesday he will leave the company. Lee led Microsoft’s internal research division since joining in 2010, overseeing about 1,500 scientists working on AI, quantum computing, search, robotics and cryptog

Spain July current account surplus €5.91 bln; June revised up to €3.5 bln from €2.41 bln.

Domestic News: 1. Guangzhou: After August 28, 2026, single-building projects subject to pre-sale must have completed their main structural topping-out. 2. National Development and Reform Commission: The 250 billion yuan of ultra-long-term special treasury bonds issued in 2026 to support the trade-in of old consumer goods has been fully allocated. 3. Ministry of Commerce: The investigation period for trade barriers related to US practices and measures that hinder green product trade and disrupt global supply chains has been extended. 4. National Bureau of Statistics: In September, the Manufacturing Purchasing Managers' Index (PMI) was 50.1%, up 0.3 percentage points from the previous month, entering the expansionary range. 5. People's Bank of China: On October 8, 2026, the People's Bank of China will conduct 1.2 trillion yuan of outright reverse repurchase operations through fixed-quantity, interest rate bidding, and multiple-price bidding, with a term of 3 months (89 days). International News: 1. Chilean copper production falls to its lowest level in more than 15 years. 2. The US core PCE annual rate fell short of expectations, hitting a six-month low. 3. Apple is reportedly set to make a major foray into the smart home market on October 13th. 4. Israeli media: A Dubai Airlines passenger plane made a last-minute landing in Saudi Arabia due to a pilot brawl. 5. The Bank of Korea resumed gold purchases after 13 years: it plans to buy 1 ton of domestically produced gold in December. 6. US Senate Majority Leader Thune: Congress may raise the debt ceiling after the midterm elections. 7. Federal Reserve's Kashkari: My expectation is one more rate hike this year and another in 2027. 8. Micron Technology (MU.O) reported FY26 Q4 revenue and net profit both exceeding market expectations, and its outlook for the next quarter also exceeded expectations. 9. The US Treasury Department: It will purchase up to $6 billion in 10- to 20-year Treasury bonds in a liquidity repurchase operation on October 1st. 10. The US Federal Trade Commission (FTC) launched a comprehensive investigation into Anthropic, OpenAI, and other super-intelligent models. 11. White House official: US President Trump announced today that South Korea will invest $200 billion in the US, and Trump will also announce that South Korea will fund the construction of eight nuclear power plants. 12. Middle East situation— ① US President Trump: The war with Iran will end soon. ② Iran has received the US response to the seven-day proposal and will discuss it on Wednesday.