News

On June 4th, the closing rate of the onshore RMB against the US dollar was 6.7768 at 16:30, down 48 points from the previous trading day.

Recently, according to reports from Japanese media, due to the impact of tensions in the Middle East affecting key chemical raw material imports, and in order to reduce production waste losses and ensure the stability of the parts supply chain, several Japanese car manufacturers, including Toyota, will implement a unified standard for determining defective parts. This standard, developed jointly by the Japan Automobile Manufacturers Association and the Japan Auto Parts Industries Association, clarifies unified criteria for identifying parts as defective. Previously, even if parts only had minor defects such as black spots or slight scratches that did not affect the vehicle's performance, most parts suppliers would directly scrap them. According to the official website of the Japan Automobile Manufacturers Association, the eight major Japanese passenger car companies, including Toyota, Honda, Nissan, Mitsubishi, and Mazda, are all members of the association.

Foresight News reports that the price of ADA dropped below $0.19 today, reaching its lowest level since January 3, 2021. Currently, ADA is priced at approximately $0.194, with a 24-hour decline of over 10%.