News

Iranian Students' News Agency: The Iranian president stated at the SCO summit that Iran will respond immediately should the United States reinstate its commitments to the June memorandum of understanding.

Indonesia's statistics agency estimates that Indonesia's rice production for the period from January to October will be 31.41 million tons.

Ukrainian Foreign Minister: This display of American power is expected to boost diplomacy, signaling to the Kremlin that the game is over, forcing Putin to the negotiating table, and finally ending this pointless bloodshed.

Ukrainian Foreign Minister: The US bill to sanction Russia remains crucial.

Ukrainian Foreign Minister: In this situation, we need to quickly restart the full utilization of frozen Russian assets through anti-ballistic missile sanctions targeting Russian ballistic production, as well as other sanctions in Europe and other regions.

Ukrainian Foreign Minister: Last night, a massive explosion occurred in Kyiv. Russian drones and ballistic missiles attacked residential areas and railway infrastructure. At least eight people were killed.

Market news: Japan's domestic car sales (excluding minicars) rose 9.1% year-on-year in August.

French Automobile Industry Federation: New car registrations in France rose 7.4% in August, reaching 94,349 units.

Japan's household consumer confidence index for August was 35.5, down from 34.9 in the previous month.

India's final manufacturing PMI for August was 52.8, below the expected 53 and the previous reading of 52.9.

According to a Russian news agency citing the Ministry of Defense, Russia launched strikes overnight against military and energy facilities in Kyiv and surrounding areas, as well as Odessa, Ukraine.

Russian news agencies, citing the local governor, reported that Novokubishevsk, a city in Russia's Samara region, was attacked by drones.

ECB Governing Council member Rehn: The "war of attrition" in Iran could lead to persistently high inflation.

U.S. Ambassador to India: The meeting with the President of Kazakhstan was very enlightening. Business diplomacy between the two countries has reached an all-time high and continues to grow. We look forward to the President of Kazakhstan's visit to the United States later this year.

The bid-to-cover ratio for the Japanese 10-year government bond auction was 3.29, compared to 2.56 in the previous auction.

At the close of the morning session, most domestic futures contracts rose, with ethylene glycol (EG) up nearly 8%, methanol up over 5%, bottled chips up nearly 5%, paraxylene and staple fiber up over 4%, and asphalt, polyvinyl chloride (PVC), and benzene up over 3%. On the downside, container shipping to Europe fell nearly 6%, palladium and red dates fell nearly 3%, Shanghai silver, live pigs, and apples fell over 2%, and Shanghai gold fell over 1%.

Traders said the Reserve Bank of India (RBI) may sell dollars before the spot market opens to boost the rupee.

1. On June 17, the US and Iran signed a memorandum of understanding online, with the core objectives of achieving a permanent ceasefire and reopening the Strait of Hormuz. 2. On June 27, US Central Command announced strikes against Iran in response to its attacks on merchant ships. US warplanes attacked Iranian missile and drone storage sites, as well as coastal radar stations. 3. On June 28, US Central Command announced a new round of strikes against Iran in response to its renewed attacks on oil tankers. US warplanes struck Iranian military surveillance facilities, communication systems, air defense sites, drone storage facilities, and mine-laying capabilities. 4. On July 8, U.S. Central Command completed a new round of offensive strikes against Iran, targeting Iranian air defense systems, command and control networks, coastal radar stations, anti-ship missile capabilities, and more than 60 small Islamic Revolutionary Guard Corps vessels in and near the Strait of Hormuz. 5. On July 8, Trump stated that for him, the temporary ceasefire agreement between the U.S. and Iran was over, "just a waste of time." He made these remarks shortly after the U.S. launched a new wave of strikes against Iran and revoked waivers allowing the sale of Iranian oil. 6. On July 9, U.S. Central Command completed another round of strikes against Iran, targeting approximately 90 Iranian military targets, including air defense systems, coastal surveillance assets, missile and drone storage sites, naval capabilities, and military logistics infrastructure along the Iranian coast. 7. Starting July 10, the U.S. Central Command launched 13 consecutive nighttime airstrikes against Iran, primarily targeting Iranian command, control, and communication facilities; air defense, missile, and drone equipment; the Iranian navy and naval forces; and logistics and infrastructure. 8. On August 30, the U.S. military struck two rocket launchers on Iran's Larak Island, injuring several people. U.S. media reported that the targets were two Iranian missile launchers on Larak Island, and that the Iranian Revolutionary Guard was reportedly preparing to launch mine-laden rockets into the Strait of Hormuz.

Ukrainian officials say Russia attacked border infrastructure in Ukraine's Izmail region, and border crossings leading to Romania have been suspended.

A senior Japanese Ministry of Finance official stated that the issue of repurchasing U.S. Treasury bonds was not discussed during the bilateral meeting.