Download App

[Japan Protests Russia's Temporary Takeover of Japanese Assets in Russia] According to Japanese sources on the 6th, Hitoshi Nakamura, Director-General of the European Affairs Bureau of the Japanese Ministry of Foreign Affairs, lodged a protest with Russian Ambassador to Japan Nozdylev on the same day regarding Russia's temporary takeover of Japanese companies' assets in Russia, demanding that Russia rescind the decision. It is understood that Japan Tobacco Company stated on the 6th that it is carefully assessing the current situation and possible future countermeasures. (CCTV News)

A U.S. judge has temporarily blocked the Trump administration from starting construction on the Arc de Triomphe.

[National Development and Reform Commission: Three Measures to Ensure China's Rice Bowl is Mainly Filled with Chinese Grain] At a press conference held today by the National Development and Reform Commission (NDRC) on the theme of "Striving for the 15th Five-Year Plan," officials introduced that the NDRC will focus on two key areas: arable land and seeds. High-standard farmland construction will be promoted with high quality, gradually transforming all eligible permanent basic farmland into high-standard farmland. Simultaneously, the construction and renovation of key irrigation projects will be accelerated, turning more rain-fed fields into rain-resistant fields. Efforts will be made to stabilize acreage and increase yield per unit area. Based on local farming habits and resource endowments, policies will be implemented according to region and crop type to promote the integrated efficiency of good land, good seeds, good machinery, and good farming methods, achieving a large-scale and balanced increase in the yield of major grain and oil crops. Furthermore, the NDRC will better mobilize the enthusiasm of farmers for grain production and local governments for grain production. The roles of investment, pricing, subsidies, and insurance policies will be coordinated to stabilize farmers' expectations of income from grain production. A sound interest compensation mechanism for major grain-producing areas will be established to fully mobilize the enthusiasm of local governments for prioritizing agriculture and grain production. (CCTV News)

The Nikkei 225 index has just broken through the 57,400.00 mark, currently trading at 57,387.49, down 6.04% on the day.

[Survey shows Philippines' GDP is expected to grow by 2.7% in the third quarter, faster than in the second quarter] (1) The median forecast of five economists surveyed by The Wall Street Journal shows that the Philippine economy is expected to grow by 2.7% in the third quarter, faster than the 2.3% growth rate in the second quarter. (2) Azril Rosli, an economist at Maybank Investment Bank, said that this improvement is expected to reflect a gradual recovery from the weak performance in the second quarter, rather than a strong rebound. (3) He added that government spending and resilient exports may provide some support, while high inflation and borrowing costs have dampened consumer spending. (4) The Philippines' third-quarter GDP data will be released next Monday.

The Nikkei 225 index has just broken through the 57,500.00 mark, currently trading at 57,512.82, down 5.84% on the day.