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"Will not resign" Federal Reserve Governor Powell "stands tough" against Trump

26/08/2025

According to reports from Reuters, The New York Times, and other media outlets, on August 25th local time, Federal Reserve Board member Lisa Cook said that Trump has no authority to fire her from the Federal Reserve, and she will not resign. Earlier in the day, US President Trump publicly posted a letter to Federal Reserve Board member Lisa Cook on his social media "Real Social" announcing her immediate dismissal.

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NIO Automotive Technology registers the NOMI trademark, which can be applied to humanoid robots.

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Hong Kong stock market anomaly | Junshengtai Medicine-B (02511.HK) rose nearly 8%, with first half losses narrowing by 42.96% compared to the same period last year.

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Air quality conditions in July announced, national PM2.5 concentration significantly decreased.

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Longhu has completed the redemption of two medium-term notes, with a total amount exceeding 3.6 billion yuan. There are no maturing bonds for the year.

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Longhu has completed two fund transfers totaling more than 3.6 billion yuan for the payment of the "22 Longhu Expansion MTN001" principal and interest totaling 1.5495 billion yuan due on the maturity date; as well as the early redemption of the "22 Longhu Expansion MTN002" principal and interest totaling 2.0523 billion yuan three months after maturity. (Interface News).

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