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2025-07-02 Wednesday

  • 09:05:59

    The main industrial silicon contract fell by more than 3% and is now trading at 14,070 yuan/ton, a new low since September 1.

  • 09:03:23

    Samsung SDI’s energy and other business operating profit in the third quarter was 411.8 billion won, a year-on-year decrease of 15%.

  • 09:02:55

    ING: We expect the European Central Bank to keep interest rates unchanged and basically maintain a hawkish stance, leaving the door open for another interest rate hike in December.

  • 09:02:27

    U.S. President Biden issued a statement on the agreement between Ford Motor (FN) and the United Auto Workers (UAW), saying he welcomed the agreement.

  • 09:00:29

    The MSCI Asia Pacific Index fell 1%.

  • 09:00:10

    Samsung will provide solid-state battery samples to customers in the fourth quarter.

  • 09:00:03

    At the opening of early trading, the main domestic futures contracts were mixed. Butadiene rubber (BR) rose by more than 2%, and low-sulfur fuel oil (LU), SC crude oil, and asphalt rose by more than 1%. In terms of decline, lithium carbonate and rapeseed meal fell by more than 2%, and soda ash, industrial silicon, pigs, starch, and corn fell by more than 1%.

  • 08:43:18

    Ford confirmed it has reached a preliminary agreement with the United Auto Workers (UAW).

  • 08:39:51

    United Auto Workers (UAW): Strikes at Stellantis and GM continue.

  • 08:12:02

    Bank of Korea official: Private consumption is currently hampered by higher borrowing costs, and consumption is expected to gradually recover.

  • 07:53:05

    Market news: The Brazilian Congress approved a bill to tax the rich and increase taxes, and also passed a bill to tax offshore funds.

  • 07:32:54

    SK Hynix: Chip prices are beginning to stabilize under the influence of production cuts.

  • 07:23:53

    The decline in Nasdaq 100 futures expanded to 1%, and most star technology stocks fell after the market. Meta Platforms (META.O) fell 3.6%, and Google A (GOOGL.O) fell 2.5%.

  • 07:19:41

    SK Hynix: The DRAM business has turned a profit from two consecutive quarters of losses, and the improvement of the DRAM business is expected to "accelerate."

  • 07:07:37

    [Leapao Auto and Stellantis have entered into a subscription agreement involving an amount of HK$8.5 billion] Leapao Auto (09863.HK) announced: The company has entered into a subscription agreement with Stellantis. Allot and issue 194,260,030 H shares to Stellantis at a subscription price of HK$43.8 per subscription share. The total proceeds from the subscription will be HK$8,508,589,314, which will be allocated for R&D investment, marketing, production capacity improvement, working capital and general corporate purposes.

  • 07:03:39

    According to the Wall Street Journal: Ford will raise wages for factory workers by 25%.

  • 06:46:40

    Market news: U.S. Senate Minority Leader McConnell said he will meet with new House Speaker Johnson soon.

  • 06:43:47

    RBA Chairman Bullock: Our inflation forecast will change, but we are not sure whether there will be a substantial change.

  • 06:39:07

    According to Nikkei: Nissan plans to launch solid-state battery electric vehicles by 2030.

  • 06:26:51

    RBA Chairman Bullock: We see no signs of an inflation-wage spiral.

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