Category: Flash News

On January 18th, the US aviation safety regulatory agency ordered a formal accident investigation into Thursday’s SpaceX Starship rocket explosion, which was led by a company operated by Elon Musk and has actually led to the rocket being grounded. The agency stated in a statement on Friday that there are currently no reports of public injuries, and the Federal Aviation Administration is working with SpaceX and relevant departments to confirm reports of public property damage in the Turks and Caicos Islands.

On January 18th, LME copper futures closed down $40 at $9190 per ton. LME aluminum futures closed up $48 at $2684 per ton. LME zinc futures closed up $68 at $2942 per ton. LME lead futures closed down $4 at $1967 per ton. LME nickel futures closed up $134 at $16097 per ton. LME tin futures closed up $199 at $29775 per ton. LME cobalt futures closed flat at $24300 per ton.

On January 18, the Thai military has sent a special task force to set up warning signs in Chinese, Thai and English at the main passages and border checkpoints on the Thai Myanmar border to remind Thais and foreigners to be vigilant against telecommunications fraud traps when going to border areas. At the same time, set up checkpoints at the entrance and exit of sensitive areas on the Thai Myanmar border, strengthen passport inspection for foreigners, and prevent people without legitimate reasons from entering and leaving.

On January 18th, UN Secretary General Guterres announced through a spokesperson the appointment of Sigrid Kage as the interim coordinator for the UN Middle East peace process. It is reported that Sigrid Kage will take over from Thor Wenesland. Sigrid Kag previously served as Deputy Prime Minister of the Netherlands and Senior Humanitarian and Reconstruction Coordinator for the Gaza Strip.

On January 18th, according to Egyptian sources, representatives from Egypt, Qatar, the United States, and Israel held a meeting in Cairo, the capital of Egypt, on January 17th to discuss the implementation mechanism of the ceasefire in the Gaza Strip and the exchange of detainees agreement. The source stated that the focus of the meeting that day was to discuss the implementation mechanism of the agreement, including expanding humanitarian aid to the Gaza Strip in accordance with the agreement and ensuring the entry of 600 trucks transporting aid supplies into the Gaza Strip every day. Agreement reached on personnel exchange. The first phase of the agreement will begin implementation on January 19th.

On January 18th, due to extreme cold weather in Washington D.C., the inauguration ceremony of President Trump scheduled for January 20th will be moved indoors. Later that day, US President elect Trump confirmed the news on his social media platform “Real Social”. Trump said, “I have ordered the inauguration speech, prayers, and other speeches to be held in the circular hall of the United States Capitol.” Trump added, “We will open the First Capital Arena on the 20th for live streaming of this historic event and the presidential inauguration parade. I will join the rally at the First Capital Arena after taking the oath of office.” It is reported that the last time a US president was sworn in indoors was in 1985, when President Reagan took the oath in the circular hall of the Capitol due to severe cold weather and canceled the inauguration parade.

On January 18th, Bank of America now believes that the Federal Reserve’s quantitative tightening action will end in September instead of March, citing limited volatility in the funding market, limited discussion of balance sheet policies, and no concerns about dynamics related to the debt ceiling. The time to end QT largely depends on the time to resolve the debt ceiling and the speed/scale of the Treasury’s General Account (TGA) reconstruction, “strategists Katie Craig and Mark Cabana wrote in the report.

On January 17th, the State Council recently approved in principle the “Urumqi Land and Space Master Plan (2021-2035)” reviewed and approved by the Ministry of Natural Resources. It is mentioned that by 2035, the cultivated land ownership in Urumqi City will not be less than 872300 mu, of which the permanent basic farmland protection area will not be less than 639400 mu; The ecological protection red line area shall not be less than 3281.33 square kilometers; The boundary area of urban development shall be controlled within 758.79 square kilometers; The construction land use area per unit of GDP has decreased by no less than 40%; The total water consumption shall not exceed the target set by the higher authorities, and shall not exceed 1.267 billion cubic meters by 2025. Clarify the key prevention and control areas for natural disaster risks, delineate risk control lines for floods, earthquakes, as well as green space system lines, water protection lines, historical and cultural protection lines, and infrastructure construction control lines, and implement safety guarantee space for strategic mineral resources.

On January 17th, the State Council recently approved in principle the “Lhasa City Land and Space Master Plan (2021-2035)” reviewed and approved by the Ministry of Natural Resources. Among them, it is proposed that by 2035, the cultivated land ownership in Lhasa City shall not be less than 766100 mu, of which the permanent basic farmland protection area shall not be less than 549200 mu; The ecological protection red line area shall not be less than 9674.59 square kilometers; The boundary area of urban development shall be controlled within 230.55 square kilometers; The construction land use area per unit of GDP has decreased by no less than 40%; The total water consumption shall not exceed the target set by the higher authorities, and shall not exceed 737 million cubic meters by 2025. Clarify the key prevention and control areas for natural disaster risks, delineate risk control lines for floods, earthquakes, as well as green space system lines, water protection lines, historical and cultural protection lines, and infrastructure construction control lines, and implement safety guarantee space for strategic mineral resources.

On January 17th, Tom Cat released its annual performance forecast for 2024, expecting a net profit loss attributable to shareholders of the listed company of 660 million yuan to 860 million yuan, and a net profit loss of 670 million yuan to 870 million yuan after deducting non recurring gains and losses. In terms of core gaming business, the company’s business revenue and net profit have declined due to factors such as market demand and declining order value for advertising, unstable overseas economic and political situation, and intensified competition in the advertising market. In terms of AI innovation business, the company continues to increase research and development investment and will launch the sale of Tom Cat AI voice emotional companion robot in late December 2024. However, this product has not yet made a significant contribution to the company’s revenue and profits. In addition, the company expects to make provisions for asset impairment of approximately RMB 760 million to RMB 960 million, mainly involving goodwill and long-term equity investments. The expected non recurring profit and loss for the company in 2024 is approximately 10 million yuan.