News

Hong Kong robotics concept stocks rose collectively, with Yuejiang (02432.HK) rising by 18%, Sagitar Juchuang (02498.HK) rising by more than 9%, Youbixuan (09880.HK) rising by 6.3%, and Yunji (02670.HK) rising by 5.78%.

"Fed spokesperson" Nick Timiraos: Forecasts show that U.S. PCE inflation (core and overall) in December increased by 0.37% month-on-month (annualized rate of 4.5%). That would lift the core PCE index to an annualized rate of 3.0%, the highest level since February 2025. The overall PCE annual rate is expected to be 2.9%, the highest level since March 2024.

Japanese Minister of Economy, Trade and Industry Ryomasa Akasawa: I hope to ensure that Japanese Prime Minister Sanae Takaichi’s trip to the United States can achieve a successful outcome.

United Auto Workers (UAW): Volkswagen workers make history by ratifying the first union contract at a major auto plant in the South. Volkswagen workers approved their first union contract with a 96% turnout.

Indonesian Minister: The trade agreement between Indonesia and the United States will not involve any third party countries.

Conway, Chief Economist of the Reserve Bank of New Zealand: The Reserve Bank of New Zealand will not act hastily on raising interest rates.

Conway, Chief Economist of the Reserve Bank of New Zealand: The Reserve Bank of New Zealand will focus closely on inflation.

Indonesian Minister: Indonesia will continue to negotiate with the United States on the purchase of aircraft and energy products.

Hong Kong AI application stocks strengthened, with HiZhi Technology Group (02706.HK) soaring 15%, MINIMAX-WP (00100.HK), Zhipu (02513.HK) rising more than 5%, and Sagitar Juchuang (02498.HK) rising 4.42%.

Indonesian Minister: If Indonesia and the United States agree, there is still room for modification of the agreement.

Indonesian Minister: The United States agrees to remove provisions on nuclear reactor development from the trade deal.

Hong Kong stocks opened on the first trading day of the Year of the Horse. The Hang Seng Index opened down 0.18%, the Stock Exchange Index opened down 0.69%, JD Health (06618.HK) opened up 0.58%, and Ctrip Group-S (09961.HK) rose 1.76%.

A senior Indonesian minister said that Indonesia and the United States will establish a trade and investment council after reaching a tariff agreement.

Japan's two-year government bond yield fell 0.5 basis points to 1.250%.

U.S. President Trump: Will instruct the Secretary of War and other relevant departments and agencies to begin identifying and releasing government files related to aliens and extraterrestrial life.

Indonesian Government: Indonesian textiles will enjoy special U.S. tax rates through the tariff quota mechanism in the trade agreement.

Indonesian government: Indonesia may receive tariff exemptions on commodities including palm oil in the US trade deal.

Japan's 5-year government bond yield fell 1.0 basis points to 1.620%.

Breiman, Chairman of the Reserve Bank of New Zealand: The current exchange rate of the New Zealand dollar is not significantly different from its fair value.

Indonesia and the United States sign a reciprocal trade agreement.