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Home > Latest

Lates News

date
17/07/2026
The South African Rand has depreciated by 1% against the US Dollar.
Latest
2 m ago
On Friday, the three major U.S. stock indexes opened lower, with technology stocks across the board falling. The Philadelphia Semiconductor Index fell more than 20% from its historical closing high, possibly confirming a bear market. SK Hynix ADR fell below its IPO price of $149 for the first time. SpaceX's stock price fell 38% from its peak, causing its market value to evaporate by about $1 trillion from the peak. AMD fell more than 7%, Intel fell more than 6%, and TSMC fell more than 5%. Some analysts believe that this continued pullback in chip stocks has surpassed fundamental factors and is more influenced by capital style shifts and market preference changes. Additionally, Federal Reserve Chairman Powell's dissatisfaction with inflation at the hearing has increased the market's expectations for rate hikes, and signals from other Fed officials have further exacerbated market nervousness. Logan from the U.S. has explicitly called for rate hikes; Schmid from the U.S. warned that the risk of further acceleration in inflation in the coming months still exists. In terms of geopolitics, the outlook for a U.S.-Iran war remains unclear, impacting market risk appetite.
2 m ago
Three departments allocated 35,000 pieces of central disaster relief supplies to support Hebei and Liaoning in effectively assisting and guaranteeing the resettlement and rescue of the affected population.
2 m ago
Private equity positions in stocks hit a near four-year high, with over 70% of private equity firms holding over a hundred billion yuan in assets at full capacity.
3 m ago
Shanghai Pharmaceuticals (601607.SH) plans to invest 300 million yuan to establish the Shanghai Shangshi Biopharmaceutical Industry Private Equity Fund.
3 m ago
UK government: Southern Water Company fined 7.1 million for multiple illegal wastewater pollution incidents causing beach closures and damage to coastal communities.
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