The Federal Aviation Administration (FAA) issued a notice saying that Elon Musk's rocket manufacturing company SpaceX plans to conduct the next test flight of the Starship launch vehicle as early as February 26. The notice also pointed out that if the launch plan on the 26th cannot be carried out, the company has selected a date between February 26 and March 6 as an alternate launch window.
In order to implement the relevant agreements approved by the State Council, the State Administration of Financial Supervision recently issued the "Notice on Matters Related to the Opening of Bank Card Business by Mainland Branches of Hong Kong and Macao Banks" (hereinafter referred to as the "Notice"), which will come into effect on March 1, 2025. The "Notice" clarifies the relevant matters involved in the opening of bank card business by mainland branches of Hong Kong and Macao Banks. First, i...
This shows that the Trump administration is pursuing a very different policy on the Middle East from the previous administration. Trump's willingness to provide heavy weapons shows that he is ready to give Israel more freedom in the fight against Hamas. Click to view...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
According to Forbes, B2B product management platform Index announced the completion of 3.50 million Australian dollar seed round financing, led by Blackbird and Bain Capital Ventures, with participation from BOND, Y Combinator and others. Since its official launch two months ago, the platform has attracted well-known companies such as Ramp, Uniswap, Clerk, Semgrep and others to join the reservation list.
Given the current state of the economy and the Trump administration's intentions, the Fed's top priority may be to slow down. Click to view...
Important news 1. The General Administration of Market Supervision issued two "checklists" to optimize the consumption environment. 2. The revised version of the "Measures for the Management of Student Status of Primary and Secondary School Students" was issued, and students transferred to "one network through the office" across provinces. 3. The latest total share of 70 listed A500-related funds exceeded 300 billion. 4. The first batch of 12 Science and Technology Innovation Composite Index ETF...
US Treasury secretary Scott Bescent said he had personally vetted Treasury employees on Elon Musk's government efficiency team who had read-only access to federal payments data and that the Treasury payments system had not been modified. "This is an operational plan to suggest improvements," Mr. Bescent said in an interview on Thursday. "The ability to change the system is in the hands of the Fed. This system is not even run by us." Mr. Bescent is confident in Mr. Musk's team,...
The Trump administration's focus on lowering borrowing costs is on the 10-year Treasury yield rather than the Federal Reserve's benchmark short-term interest rate, Treasury Secretary Vincent Bescent said. "He and I are focused on the 10-year Treasury," Mr. Bescent told Fox Business when asked if President Donald Trump wanted to lower rates. "He's not calling for...
State Administration for Market Regulation: Because Google is suspected of violating the Antimonopoly Act of the People's Republic of China, the State Administration for Market Regulation has launched an investigation into Google according to law.
The Ministry of Commerce and the General Administration of Customs implement export controls on items related to tungsten, tellurium, bismuth, molybdenum, and indium.
The U.S. Office of Personnel Management (OPM) said it had no intention of shutting down government websites, calling reports of the claims "false rumors," according to The Hill. According to a spokesperson for the office, the Office of Personnel Management issued guidance to agencies to remove content related to gender ideology from their websites by 5 p.m. on the 31st, but will not shut down government websites that fail to comply with the requirements.
Bettors at Polymarket are skeptical that the United States will create a strategic bitcoin (BTC) reserve within 100 days of the Trump administration, putting the likelihood at only 16%. Although crypto czar David Sacks says he is exploring the matter, the relevant bill submitted by Wyoming Republican Senator Cynthia Lummis is not related to the White House action. In addition, Texas is also advancing its own strategic BTC reserve plan, and bettors believe that the state has a 53% chance of passi...
Hong Kong Special Administrative Region Government: Net exports of gold to the Chinese mainland in December were 5.26 tons, compared with 33.074 tons in November.
On January 22, the People's Bank of China, the Ministry of Commerce, the State Administration of Financial Supervision, the China Securities Supervision Commission and the State Administration of Foreign Exchange jointly issued opinions to align international high standards and promote institutional opening up in the pilot free trade zone (Hong Kong) where conditions permit. Among them, it is proposed to support the development of cross-border digital identity authentication and electronic ident...