Can the international gold price continue to reach a new high? Last night, the price of gold hit a historic high again in late trading in New York, reaching $2560 per ounce, with a intraday increase of nearly $50. As of the close, COMEX gold futures prices rose 1.76% to close at $2587.2 per ounce. On the news front, the latest data released by the US Department of Labor shows that the PPI in August increased by 1.7% year-on-year, while the previous growth rate wa ... 阅读全文

Since the beginning of this year, NetEase's "Egg Party" has joined hands with Xinhua News Agency and the China Social Welfare Foundation to embark on a new chapter of the "Free Lunch" public welfare activity, achieving a deep integration of game culture and public welfare. This cross-border cooperation not only warms up the lunch time of rural children, but also sets a new example in the gaming industry of using entertainment as a carrier and practicing social re ... 阅读全文

On September 13th, it was reported that Sony Music is in deep negotiations to acquire the music rights of Pink Floyd for approximately $500 million, which is one of the most anticipated deals in the industry. A person familiar with the negotiation situation said that there is no guarantee of reaching an agreement in this negotiation. (Financial Times)

The 2024 China International Fair for Trade in Services is currently underway. On September 13th, at the Cross border E-commerce Session of the E-commerce Conference, Li Yan, CEO of Xiaoniu Electric, stated that successful cross-border e-commerce not only requires understanding the local culture of the target market, but also integrating it into products, marketing, and customer service. Li Yan believes that although cross-border e-commerce has become the main ch ... 阅读全文

Ford announced on September 13th that it plans to restart production at a factory in the southern Indian state of Tamil Nadu and has submitted a letter of intent to the local government. (Reuters)

A spokesperson for Nippon Steel Corporation stated that the company and U.S. Steel Corporation sent a letter to U.S. President Biden last Sunday discussing their merger plans. Nippon Steel announced in December last year that it would spend $14.9 billion to acquire US Steel Corporation. However, this transaction has faced strong opposition within the United States and is still under investigation by the Committee on Foreign Investment in the United States (CFIUS) ... 阅读全文

The 2024 China International Fair for Trade in Services (CIFTIS) will be held in Beijing from September 12th to 16th. The Pengpai News reporter noticed that "weight loss" has become one of the key words in the health and hygiene service exhibition area. GLP-1 drugs are currently a hot topic in the field of weight loss. At the China International Fair for Trade in Services, two multinational pharmaceutical giants, Eli Lilly and Novo Nordisk, known as the "GLP-1 tw ... 阅读全文

The rumor that Nvidia's (NVDA. US) Chinese special supply chip H20 may be discontinued has been circulating in the industry in recent months, and the fate of this chip has once again become a focus of attention. Recently, some distributors told Caixin reporters that they are no longer able to place orders for H20 chips, and some terminal manufacturers have stated that some domestic distributors are no longer accepting H20 orders. Dealer Wang Yu told Caixin report ... 阅读全文

Is the EU's fragmented regulation of artificial intelligence (AI) hindering its own development? Recently, nearly 50 company executives, researchers, and industry organizations, including Facebook's parent company Meta CEO Mark Zuckerberg and Ericsson's President and CEO Brje Ekholm, jointly wrote to the European Union, stating that "due to inconsistent regulatory decisions, Europe faces the risk of further falling behind in the era of artificial intelligence Thi ... 阅读全文

According to the "Shanghai Release" on September 13th, Chen Jining, Secretary of the Shanghai Municipal Party Committee, met with Zhou Fude, Global President and CEO of Danish Novo Nordisk, and his delegation on September 13th. We will continue to optimize the business environment, continuously improve the level of marketization, rule of law, and internationalization, and support enterprises to achieve greater development in Shanghai with more efficient docking, ... 阅读全文

① As of press time, Dow Jones futures rose 0.18%, S&P 500 futures rose 0.22%, and Nasdaq futures rose 0.11%. ② On September 12th local time, due to the optimistic outlook for cloud revenue, Oracle raised its revenue forecast for the 2026 fiscal year and released an optimistic forecast for the 2029 fiscal year. As of press time, Oracle's stock has risen 6% in pre-market trading. ③ On September 12th local time, Adobe released its third quarter financial report. ... 阅读全文

As a city with the license plate "expensive C", can Zunyi debut in the C position? On September 20th, guided by the Zunyi Municipal Bureau of Culture and Tourism and organized by Ctrip Travel, the "Zunyi C City Plan Product Launch Conference" was launched at the Yunmen Store in Zunyi. What are the attractive features of this city adjacent to Chongqing? How to make it more convenient? The launch of the Zunyi C-city cultural and tourism project aims to integrate Zu ... 阅读全文

Last night and this morning, the US stock market moderately strengthened amidst the argument of "the Federal Reserve will cut interest rates more significantly next week". The S&P 500 and Nasdaq recorded their fifth trading day of gains this week, and also their largest weekly gains since the "V-shaped rebound" in November last year. According to calculations, the S&P 500 index is only 0.7% behind its previous high of 5669.67 points, while the Dow Jones Industria ... 阅读全文

The Federal Reserve's September monetary policy meeting will begin next week. Starting this week, the Federal Reserve has entered its regular 'quiet period'. Related parties believe that the Fed's September interest rate cut is almost a certainty, and market divergence is limited to the magnitude of the cut - whether to cut 50 basis points or 25 basis points at once. Prior to the Federal Reserve's heavyweight meeting, the US inflation and employment data released ... 阅读全文

Popular Chinese concept stocks have fluctuated, with the Nasdaq China Golden Dragon Index rising 0.06% and a cumulative increase of 1.03% this week. NIO has risen by over 5%.

On the evening of September 13th at 8pm, Apple's iPhone 16 series began pre ordering and will be officially released on September 20th. At the beginning of the pre-sale, the Apple official website was temporarily unable to access the purchasing channel. The topics of "Apple official website crash" and "iPhone 16 Pro Max no second" have surged to Weibo hot searches. Check the official Apple flagship stores on various platforms. On Tmall, multiple versions of iPhon ... 阅读全文

On September 13th local time, Indian film producer Soham Shah sued Netflix in federal court in New York, accusing the latter of "openly plagiarizing" his 2009 Hindi film "Luck" from the popular TV series "Squid Game". Netflix is preparing to release the second season of Squid Game later this year. Shah said that 'Lucky' tells the story of a group of desperate and heavily indebted people who are lured into a series of competitive games to win huge bonuses, only to ... 阅读全文

Moody's puts Boeing's rating under negative observation. Moody's stated that if the IAM strike continues, resulting in a significant decrease in Boeing's liquidity, the rating may be downgraded.

On September 14th, Southern Finance and Economics reported that popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.06% and a cumulative increase of 1.03% this week. NIO rose over 5%, Xiaopeng Motors rose over 4%, Ideal Auto and Futu Holdings rose over 1%, while Manbang, NetEase, and Weibo saw slight increases. Bilibili fell more than 3%, Pinduoduo and Tencent Music fell more than 2%, JD.com and iQiyi fell more than 1%, a ... 阅读全文

The gold price is still soaring. Overnight, the spot gold price in London rose above $2580 per ounce, setting a new historical high once again; COMEX gold has broken through $2600 per ounce, reaching an all-time high. Analysis suggests that the key factors driving the international gold price to continue reaching new highs are the US interest rate cuts, strong ETF demand, off exchange physical demand, and geopolitical factors. Many institutions have set their gol ... 阅读全文