據路透調查：所有12位受訪經濟學家均預計，匈牙利央行將於7月21日將基準利率下調25個基點至5.75%。

BofA Securities said in a research note that Moonshot AI's new Kimi K3 model has nearly three times the parameter scale of the prior K2, implying competitive advantages in AI are eroding more quickly. The bank said Alibaba's cloud business should still benefit from sustained AI training and application demand despite tight compute capacity, but Tongyi Qianwen's market narrative as an "open‑source leader" may face fresh tests. The launch also increases pressure on independent AI labs including Zhipu AI and MiniMax.

Foreign Ministry spokesperson Lin Jian, at a routine briefing, condemned a U.S. Department of Homeland Security move to shorten permitted stays for student visa holders and tighten residency limits for foreign media workers. Lin said such restrictions on people-to-people exchanges are harmful to both sides, called the measures discriminatory, and said they seriously breach the three media-related understandings reached by China and the U.S. in 2021 and disrupt Chinese media operations in the United States. China demands the U.S. immediately rescind the policy, properly safeguard Chinese journalists’ lawful rights in the U.S., and reserves the right to take reciprocal countermeasures.