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17/09/2025
The Hong Kong Observatory will issue the first warning signal at 9:20 p.m.
Latest
3 m ago
US quantum computing concept stocks are strong, with D-Wave Quantum up more than 7%, Roivant Sciences up nearly 5%, SEALSQ Corp and IonQ Inc up over 3%.
4 m ago
Contemporary Amperex Technology Co., Ltd. (CATL): Sodium-based new passenger car power batteries will be supplied in bulk next year.
4 m ago
In the past few years, with the continuous increase in demand for butter by Americans, the dairy industry has on one hand turned to breeding cows with higher milk fat content, and on the other hand expanded production facilities to meet market demand. However, it now appears that they may have been a bit too aggressive. Despite the still strong demand, seasonal production levels approaching historical peaks have raised concerns about an oversupply of butter in the market. The price of butter in the United States has fallen to the lowest level in over three years. On Monday, the butter futures prices on the Chicago Mercantile Exchange reached the lowest level since November 2021, and the milk futures prices used to make butter also experienced similar declines. Corey Geiger, chief dairy economist at Farm Credit Bank of America, stated that this is not a demand-side issue, it is clearly that we have supplied too much.
4 m ago
American butter prices hit a more than three-year low, demand remains strong but "supply exceeds demand"
4 m ago
China COSCO Shipping Group announced on its official website on September 16th a customer letter regarding the USTR 301 investigation. China COSCO Shipping Group stated that while the fees related to the 301 provisions may pose some challenges to the company's operations, the company remains confident in its services on the US routes and is committed to providing logistics solutions to its customers by investing in stable capacity and maintaining high-quality services. The company will actively improve its product structure to meet the changing demands of the US market, maintain competitive freight and surcharge policies that are in line with market levels. The announcement from the Office of the United States Trade Representative (USTR) on April 17, 2025, revealed that starting from October 14, 2025, the US will impose port service fees on Chinese shipowners and operators, as well as operators using ships built in China.
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