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2026-07-13

Refinitiv, citing sources, said Japan has no plan for a broad overhaul of the Government Pension Investment Fund's (GPIF) asset allocation. The yen weakened about 0.4% to 162.36 per dollar and JGB futures extended losses after the report. Sources add

Refinitiv, citing sources, said Japan has no plan for a broad overhaul of the Government Pension Investment Fund's (GPIF) asset allocation. The yen weakened about 0.4% to 162.36 per dollar and JGB futures extended losses after the report. Sources added Japan could still use existing allowances to shift some Pension funds into domestic assets. Last week Japan's finance minister Katayama urged large pension funds, including GPIF, to boost domestic allocations, a call that had earlier supported the yen and JGBs. Some investors questioned whether the yen rally can be sustained given geopolitical risks, fiscal concerns and persistent interest-rate differentials.
2026-07-13

A July 3-8 survey of 16 economists projects France's 2026 unemployment rate at 8.2%, the highest since 2019. If realized, the reading would raise concerns about the vulnerability of the eurozone's second-largest economy. Weakness preceded the outbrea

A July 3-8 survey of 16 economists projects France's 2026 unemployment rate at 8.2%, the highest since 2019. If realized, the reading would raise concerns about the vulnerability of the eurozone's second-largest economy. Weakness preceded the outbreak of the war in Iran: unemployment in Q1 climbed to a five-year high and Q1 GDP posted the first quarterly contraction since the COVID pandemic.
2026-07-13

1. Seres: A projected loss of 1.5 billion to 1.8 billion yuan in the first half of 2026, primarily due to increased costs caused by rising raw material prices. 2. Cui Dongshu: The overall trend of the national auto market in 2026 is expected to be r

1. Seres: A projected loss of 1.5 billion to 1.8 billion yuan in the first half of 2026, primarily due to increased costs caused by rising raw material prices. 2. Cui Dongshu: The overall trend of the national auto market in 2026 is expected to be relatively stable. 3. Data shows that new energy vehicle owners replace their cars every 3 to 5 years, while gasoline vehicle owners maintain a stable replacement cycle of 6 to 8 years. 4. GAC Group: A projected net loss of 4.06 billion to 4.57 billion yuan in the first half of 2026. 5. Stellantis Group's shipments in the second quarter of 2026 are expected to reach 1.6 million vehicles, a year-on-year increase of 10%. 6. FAW Group: Completed the technical breakthrough for the National VII hybrid dedicated gasoline engine, which will be applied to Hongqi brand models. 7. Samsung is preparing to produce Tesla's AI5 chip. 8. In the first half of 2026, the sales share of new energy vehicles in South Korea will exceed 50% for the first time. 9. Hyundai Motor's labor union in South Korea strikes again, demanding "30% of net profit as performance bonus and an 800% increase in bonuses." 10. Tesla plans to increase battery recycling by 20% in 2025, recycling over 14,000 tons of materials that can be used to make 46,000 new batteries.
2026-07-13

The Russian Defense Ministry said strikes by Russian armed forces damaged port infrastructure at Chernomorsk used for military cargo transport, including storage tanks.

The Russian Defense Ministry said strikes by Russian armed forces damaged port infrastructure at Chernomorsk used for military cargo transport, including storage tanks.
2026-07-13

The Russian Ministry of Defense stated that port infrastructure, including storage tanks, used for transporting military goods in the port of Chernomorsk was damaged due to an attack by the Russian Armed Forces.

The Russian Ministry of Defense stated that port infrastructure, including storage tanks, used for transporting military goods in the port of Chernomorsk was damaged due to an attack by the Russian Armed Forces.
2026-07-13

Most-active live hog futures contract fell below 12,000 yuan/ton, down 2.84% on the day.

Most-active live hog futures contract fell below 12,000 yuan/ton, down 2.84% on the day.
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