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Gu Gang has been elected as the Mayor of Changchun City, Jilin Province

26/08/2025

On August 25th, the 5th meeting of the 16th Changchun Municipal People's Congress elected Gu Gang as the mayor of Changchun Municipal People's Government.

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4 m ago

Saudi AI company Humain has broken ground on its first batch of data centers, with plans to start operating in early 2026 and import chips from the United States.

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Berkshire Hathaway CEO Warren Buffett said in an interview with CNBC on Monday that the company has no intention of acquiring a railroad company. Earlier reports suggested that Berkshire's BNSF was in talks with CSX to create a transcontinental railway. This clarification came weeks after the news of the potential merger between the leading U.S. railroads Union Pacific and Norfolk Southern, which caused speculation of more mergers and acquisitions in the industry. Following the announcement, CSX's stock price dropped approximately 4.5%.

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On August 26th Eastern Time, Trump stated in a live broadcast event that he may visit China at some point in the future and potentially visit China together with South Korean President Lee Myung-bak; we will have a good relationship with China.

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On Monday, the Fed's overnight reverse repurchase agreement usage was $475.67 billion, up from $362.75 billion the previous trading day.

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After the French Prime Minister called for a vote of confidence, the yield on France's 10-year government bonds rose 9 basis points on the day, reaching the highest level since March.

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