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2026-08-11

Foreign media report GM will sell its 50% stake in a planned Indiana EV battery joint venture to partner Samsung SDI. Samsung SDI will acquire the 680-acre site, take control of the JV and own the planned battery plant in New Carlisle, Indiana. GM's

Foreign media report GM will sell its 50% stake in a planned Indiana EV battery joint venture to partner Samsung SDI. Samsung SDI will acquire the 680-acre site, take control of the JV and own the planned battery plant in New Carlisle, Indiana. GM's exit from battery manufacturing is its latest strategic shift after EV demand fell short of expectations. People familiar say it is unclear how Samsung SDI will operate or dispose of the plant.
2026-08-11

Iranian President Pezeshkian said on Aug. 10 that recent talks with Supreme Leader Mojtaba Khamenei lasted seven to eight hours and covered a wide range of issues in depth. He said preventing internal division is currently the top priority and accuse

Iranian President Pezeshkian said on Aug. 10 that recent talks with Supreme Leader Mojtaba Khamenei lasted seven to eight hours and covered a wide range of issues in depth. He said preventing internal division is currently the top priority and accused external adversaries of seeking to sow discord inside Iran. Pezeshkian also said Mojtaba Khamenei’s health is good.
2026-08-11

Reserve Bank of Australia held the cash rate unchanged on Wednesday, saying a rising unemployment rate and a weak housing market should be sufficient to dampen activity and inflation. Markets will watch Governor Bullock’s afternoon press conference f

Reserve Bank of Australia held the cash rate unchanged on Wednesday, saying a rising unemployment rate and a weak housing market should be sufficient to dampen activity and inflation. Markets will watch Governor Bullock’s afternoon press conference for further guidance. The statement said the committee remains focused on preventing high inflation from becoming entrenched and, with policy judged to be somewhat restrictive, will continue to take necessary actions to return inflation to target, including further increases in the cash rate if upside risks materialize. Australia’s four major banks view the tightening cycle as complete and expect a pause before any easing. Westpac said higher borrowing costs and the end of tax concessions for property investors are weighing on the housing market, illustrating a strong fiscal–monetary interaction. RBA quarterly forecasts show unemployment is projected slightly higher than three months ago, though the labor market remains a touch tight.
2026-08-11

[Futures Hot Topic Tracking] Maersk's AE19 route suddenly returns to the Suez Canal! Expectations of resumption of Red Sea shipping rise, causing container shipping futures on European routes to plummet by over 6%. Click to read.

[Futures Hot Topic Tracking] Maersk's AE19 route suddenly returns to the Suez Canal! Expectations of resumption of Red Sea shipping rise, causing container shipping futures on European routes to plummet by over 6%. Click to read.
2026-08-11

Caitong Fuxin Fixed-Open Mixed Fund will suspend trading from the afternoon open on 11 August 2026 through that day’s market close.

Caitong Fuxin Fixed-Open Mixed Fund will suspend trading from the afternoon open on 11 August 2026 through that day’s market close.
2026-08-11

Caitong Fuxin Fixed-Term Hybrid Fund: Trading in this fund will be suspended from the opening of the market on the afternoon of August 11, 2026 until the close of trading on the same day.

Caitong Fuxin Fixed-Term Hybrid Fund: Trading in this fund will be suspended from the opening of the market on the afternoon of August 11, 2026 until the close of trading on the same day.
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