On February 21st, the reporter learned from AVIC today (21st) that the electric manned airship AS700D independently developed by our country completed the first scientific research flight test in Hubei, marking a major breakthrough in the new green aviation equipment in the field of low-altitude economy in our country.
Eric Winograd, head of developed market economics research at Alliance Bernstein, said the labor market is much more important to the Fed than what happens with tariffs. The jobs numbers are volatile and anything can happen in any month. But nothing in particular makes us think that the non-farm payroll data for January will be markedly different from the past few months, which is enough to keep the Fed on hold.
Jordan has announced plans to develop a comprehensive regulatory framework for virtual and digital assets within a year, aimed at aligning with global standards and promoting the development of its digital economy. The plan, which will be led by the Jordanian Securities Commission (JSC) and supported by the National Future Technology Committee, will focus on creating the necessary legal and technical infrastructure to oversee crypto trading platforms and virtual asset activities.
Market news: Apple's (AAPL. O) self-developed wireless chip will be released in new products released in 2025. Apple's chips for iPhone and home wireless devices are close to switching from Broadcom supply to self-developed products. Apple's self-developed wireless chip has the internal code Proxima and will be released to iPads and Macs in 2026.
We are deeply concerned about recent developments in South Korea, said US Deputy Secretary of State Campbell. Our alliance with South Korea is as strong as a rock. We have full confidence and expectation that South Korea can peacefully resolve any political disputes and abide by the rule of law.
On November 15th, MIIT and other four departments issued a notice on the construction of the national lithium battery industry standard system (2024 edition). It is mentioned that by 2026, more than 100 new national standards and industry standards will be formulated, the standard system leading the high-quality development of the lithium battery industry will be more complete, and the role of the standard service industry in consolidating its dominant position will continue to increase. More th...
David Seif, chief economist for developed markets at Nomura, responded to a question about what Trump's trade policy would mean for the Fed. His answer was as follows: "We think Trump will impose tariffs quickly, and tariffs will lead to inflation, which will rise by about 0.75 percentage points in the United States by the end of 2025. So we think the Fed will only cut interest rates by 25 basis points (in March) in 2025, compared to our previous forecast of 100 basis points."
On September 12, in order to expand unilateral opening up to the least developed countries and achieve common development, from December 1, 2024, a preferential tax rate of zero will be applied to 100% of tariff items originating in the least developed countries that have established diplomatic relations with China. Among them, the tariff rate in the quota will only be reduced to zero, and the additional tariff rate will remain unchanged.
Thai Prime Minister: The digital wallet plan is designed to stimulate the economy of less developed provinces and regions.
Justin Sun announced on the X platform that his company is developing a new solution to realize gas-free stablecoin transfers. In other words, the transfer does not require the payment of any gas tokens, and the cost is entirely borne by the stablecoin itself. The innovation will be implemented on the Tron blockchain first, and then support Ethereum and all public blockchains compatible with EVM. It is expected to launch this service in the fourth quarter of this year. I believe that similar ser...
On April 7th, it was reported that Neel Kashkari, President and CEO of the Minneapolis Federal Reserve Bank, expressed concerns about consumer risks caused by "fraud, hype, and chaos" surrounding Bitcoin during Thursday's LinkedIn Live event.
Astar Network founder Sota Watanabe stated at the BUIDL Asia Conference held in Seoul on Wednesday that the collaboration between Astar Network and Sony will have a "huge change" for the future of blockchain networks. In theory, we can build a blockchain that is used by the largest number of people, allowing people outside of Web3 to enter the blockchain field because Sony has a huge touchpoint.