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``` A draft growth strategy report shows that the Japanese government plans to study how to improve the management of its $1.3 trillion foreign exchange reserves, which are regarded as "ammunition" for potential future interventions in the yen exchange rate. These plans reflect the Japanese government's

``` Gold, one of the world’s most crowded long trades this year, is experiencing a dramatic reversal. On June 24, spot gold fell below $4,000 per ounce during trading, marking the first time this key psychological level has been breached since last November. Since reaching a historic high of

``` International oil prices, which have been continuously supported by geopolitical risks since the outbreak of the Middle East conflict, are rapidly giving back the previous war premium. As shipping through the Strait of Hormuz returns to normal and the US and Iran send positive signals about ceasefire negotiations, Brent crude

``` Goldman Sachs’ latest research report believes that the most difficult destocking phase for China’s baijiu (white liquor) industry has passed—the supply side has accelerated production cuts, key mid-to-high-end varieties have seen wholesale prices stabilize, and channel inventories have become healthier. The industry is currently in the very early

SK Hynix announces plan to issue American Depositary Receipts (ADR) in the United States, aiming to raise about 45.45 trillion Korean won (approximately $29.4 billion). This move will set a new record for the largest ADR issuance in history and represents another milestone mega financing in the capital

Robin Zeng has poured cold water again. On June 23, at the Dalian Summer Davos Forum, CATL chairman Robin Zeng rated the current progress of the solid-state battery industry: If on a scale of 1 to 9, where 9 means ready for mass production, the entire industry is only at