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2026-08-18

1. Nine departments issued a document to stimulate consumption in rural areas, strongly supporting the promotion of new energy vehicles, green and intelligent products, and green building materials in rural areas. 2. It is reported that the US and C

1. Nine departments issued a document to stimulate consumption in rural areas, strongly supporting the promotion of new energy vehicles, green and intelligent products, and green building materials in rural areas. 2. It is reported that the US and Canada are working to bridge their differences over potential automobile tariff reductions. 3. Tesla is reportedly preparing to launch CyberCab to the public in August. 4. Li Auto is rumored to be developing its own cloud inference chip. 5. Domestic power battery installations in July decreased by 2.5% month-on-month but increased by 33.5% year-on-year. 6. Sales of power and energy storage batteries in my country decreased by 5.5% month-on-month but increased by 45.5% year-on-year in July. 7. Zeng Yuqun of CATL: Batteries that are not zero-carbon will be eliminated by the times. 8. Geely Automobile: Li Shufu appointed as Honorary Chairman for Life, An Conghui appointed as Chairman of the Board. 9. Gui Shengyue of Geely Automobile responded to management adjustments: From founder-driven to a mature stage driven by systems and teams. 10. Geely Holding Group CEO An Conghui: Volvo's European plants will begin producing luxury models within the Geely system starting in 2028. 11. BYD: The company's overseas business maintains a good growth momentum. 12. Stellantis recalls nearly 1 million vehicles due to a malfunctioning reversing camera, mainly affecting the North American market.
2026-08-18

Iran's Islamic Revolutionary Guard Corps deputy commander Izadi said the enemy failed to destroy Iran's defensive capabilities and nuclear industry.

Iran's Islamic Revolutionary Guard Corps deputy commander Izadi said the enemy failed to destroy Iran's defensive capabilities and nuclear industry.
2026-08-18

Iranian Revolutionary Guard Deputy Commander-in-Chief Izadi: The enemy has failed to destroy Iran's defense capabilities and nuclear industry.

Iranian Revolutionary Guard Deputy Commander-in-Chief Izadi: The enemy has failed to destroy Iran's defense capabilities and nuclear industry.
2026-08-18

Rob Arlett said President Trump and Israeli premier NETANYAHU share the same end goal in Gaza—Hamas must not be responsible for Gaza’s security, military or political affairs—but diverge on sequencing. Trump favors a phased approach of gradual de‑esc

Rob Arlett said President Trump and Israeli premier NETANYAHU share the same end goal in Gaza—Hamas must not be responsible for Gaza’s security, military or political affairs—but diverge on sequencing. Trump favors a phased approach of gradual de‑escalation and disarmament; NETANYAHU prefers complete disarmament before further action. Arlett said Trump’s stance is partly driven by legacy ambitions, including pursuing a Gaza peace deal and agreements with Iran and others. Domestic politics—an imminent Israeli election and upcoming US midterms—complicate both leaders’ positions, and NETANYAHU understands Trump holds the initiative in the relationship.
2026-08-18

JPMorgan Chase believes that market pricing in German fiscal stimulus has cooled significantly, but fiscal spending itself continues. Germany's €500 billion infrastructure fund remains unchanged. The main issue is the time lag in project planning, a

JPMorgan Chase believes that market pricing in German fiscal stimulus has cooled significantly, but fiscal spending itself continues. Germany's €500 billion infrastructure fund remains unchanged. The main issue is the time lag in project planning, approval, and implementation, meaning the policy effects have not yet been fully reflected in the economy and corporate profits. In terms of fiscal strength, Germany's structural primary fiscal deficit is projected to widen from -0.6% of GDP in 2025 to -2.2% in 2026 and -2.6% in 2027, equivalent to a fiscal easing of approximately 2 percentage points of GDP over two years. Core budget investment spending will also rise from €74.5 billion in 2024 to €128.7 billion in 2026. Meanwhile, domestic manufacturing orders in Germany have shown signs of recovery, indicating that the fiscal stimulus is beginning to transmit to the real economy. Taking the US IIJA as an example, large-scale infrastructure projects often take several years from funding approval to actual spending, but once implemented, their impact on industries such as manufacturing, construction, power grids, and materials lasts even longer. Germany's fiscal stimulus is gradually moving from the policy expectation stage to the expenditure implementation stage, and the speed of subsequent implementation will be the key to the market's repricing.
2026-08-18

Japan is considering providing support for reinsurance of oil tankers.

Japan is considering providing support for reinsurance of oil tankers.
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