Jin10 data reported on May 8, London Schroders senior economist George Brown stated: "Today's interest rate decision is not surprising for anyone. However, looking ahead, the space for the Bank of England to cut interest rates is much smaller than the market currently expects. The fundamental problem for the UK is that it continues to face quite significant capacity constraints. Therefore, due to disappointing productivity and unstable wage growth, inflation seems likely to rise again later this year. In our view, the Bank of England will only lower the interest rate to about 4% in this round of rate cut cycle."

BlockBeats news, on May 8, Space and Time announced the launch of its Mainnet. Space and Time is a blockchain supported by Microsoft for ZK verification of data.

According to the Gate.io News bot, reports from Wu say that the Sei Network development team has proposed to the community to terminate support for Cosmos. The proposal aims to simplify the system architecture and drop the complexity of the infrastructure. Sei Network currently supports both EVM and CosmWasm dual architecture systems, and if this proposal is approved, the platform will only retain EVM trading capabilities. The community plans to hold a meeting on May 14 to discuss the proposal.

Kangtai Medical's announcement shows that controlling shareholder Hu Kun plans to reduce his holdings by approximately 12 million shares, accounting for 2.9865% of the total share capital, through centralized bidding and Block Trading.

On May 8, Jin10 reported that the Spanish Congress voted to approve the decree formulated by the government in response to the U.S. tariff measures. It approved a "tariff aid plan" worth 14.1 billion euros.

The Ukrainian parliament passed the US-Ukrainian mineral protocol, hoping to obtain military assistance from the United States. Despite concerns from some lawmakers about the details of the protocol and the management of donations, it passed with 338 votes in favor. The Ukrainian government views this as a historic economic partnership protocol that will usher in a new mode of interaction.

According to the Gate.io News bot, data from Nansen shows that two wallet addresses suspected to be from the same entity are 0xef9fc75f3eac4baf72e0de24c8677187523e85c6 and 0xdf72beb504df8612e7594a4878e23461c5fde34e, which paid 14.54 million USD through DAI and USDT to purchase 7293.44 ETH at a price of 1993.8 USD each.

According to a Gate.io News bot message and reports by Wu, the Ethereum Foundation recently released data on its funding plan for the first quarter of 2025. The data shows that the foundation has invested approximately $32.647 million in this quarter to support the development of projects in various technical fields. The funding scope covers multiple technical directions including community and education, consensus layer, zero-knowledge proof, developer tools, execution layer, etc., dedicated to promoting the construction of the Ethereum ecosystem.

The Bank of England has decided to drop the benchmark interest rate to 4.25%. The committee's internal voting results showed that 5 members supported a 25 basis point rate cut, 2 members supported a 50 basis point cut, and 2 members advocated for no change. The central bank maintained its gradual and cautious policy wording, with a slight upward adjustment to future economic forecasts, expecting GDP growth of 1% in 2025. In terms of inflation, the CPI is expected to be 2.4% one year from now. In the long term, tariffs may push up inflation, but the impact on UK economic growth is relatively small. The pound has risen against the dollar in the short term.

After the Bank of England cut interest rates, the pound rose, and the UK government sought a trade agreement with the United States. The pound against the dollar rose to 1.3324, while the rise in the FTSE 100 was limited. UK government bond yields rose to 4.491%, with economic growth affected by Trump's tariffs causing a divergence among policymakers.

BlockBeats news, on May 8, the Bank of England cut interest rates by 25 basis points, lowering the benchmark interest rate from 4.5% to 4.25%, marking the fourth rate cut in this round of easing, in line with market expectations. (Jin10)

Jin10 reported on May 8th, the Bank of England: predicts the CPI one year from now to be 2.4% (February prediction was 3%). The CPI two years from now to be 1.9% (February prediction was 2.3%). The CPI three years from now to be 1.9% (February prediction was 1.9%).

Jin10 reported on May 8 that Aerospace Nanhuk released an announcement regarding abnormal fluctuations in stock trading. After the company’s self-inspection and verification with the controlling shareholder and actual controller, there is no significant information that should have been disclosed but was not. The company's stock price has a large fluctuation range in the short term, and we kindly remind investors to pay attention to the risks of the Secondary Market, make rational decisions, and invest prudently.

Jin10 reported on May 8 that on Thursday, Japanese Prime Minister Shigeru Ishiba denied a report from a weekly magazine that stated he failed to declare a donation of over 30 million yen (approximately $207,000) from a supporter. Ishiba stated that this is not true.

Jin10 data reported on May 8th, U.S. President Trump stated on social media: "Too late (Sir)" Powell is a fool, he has no clue. Besides that, I really like him! Oil and energy prices are falling, almost all cost prices (groceries and "eggs") are down, there is almost no Inflation, tariff funds are pouring into the U.S. - exactly the opposite of "(rate cuts) too late"! Enjoy!

On May 8, Jin10 reported that SMIC announced a sales revenue of 16.301 billion yuan for the first quarter of 2025, a year-on-year rise of 29.4%; the net profit was 1.356 billion yuan, a year-on-year rise of 166.5%. The company expects a quarter-on-quarter decline in revenue of 4% to 6% in the second quarter, with a gross profit margin guidance of 18% to 20%. The capacity utilization rate in the first quarter rose to 89.6%, a quarter-on-quarter rise of 4.1 percentage points.

Saiteng Co., Ltd. announced that shareholders Sun Feng and Zeng Hui plan to reduce their holdings due to personal financial needs, totaling no more than 2,998,600 shares, accounting for 1.50% of the company's total share capital. Among them, Sun Feng and Zeng Hui will reduce their holdings through centralized bidding and Block Trading, with the price determined at market price.

BlockBeats news, on May 8, U.S. President Trump stated, "The golden age of America is about to arrive!"

BlockBeats news, on May 8, U.S. President Trump stated, "The agreement reached with the United Kingdom is a comprehensive and complete agreement that will strengthen the relationship between the U.S. and the U.K. for many years to come. Given our long-standing historical ties and alliance, it is a great honor to have the U.K. as our first announced partner. There are many other agreements that are also under deep negotiation, stay tuned!"

Russia is undertaking large-scale factory expansions in Siberia to enhance its production capacity for powerful explosives used in weapon manufacturing for conflicts. The explosives are primarily used for shells and other ammunition in the Russia-Ukraine conflict. This move will strengthen Moscow's firepower on the battlefield and is expected to enhance Russia's strength against the backdrop of increased weapon production by Ukraine and its allies.

Jin10 reported on May 8th: U.S. President Trump stated that the agreement reached with the UK is a comprehensive protocol that will strengthen the relationship between the U.S. and the UK for many years to come. Due to our long-standing history and alliance, we are very honored to have the UK as the first country to announce the protocol with. Many other deals are currently in serious negotiation stages and will be announced soon!

The U.S. Federal Human Resources Agency (FAA) is preparing to launch software to accelerate the pace of layoffs, which is part of Elon Musk's plan to reduce federal employees. The software is an upgraded version of the AutoRIF program, developed by DOGE and OPM, aimed at achieving layoff targets more quickly. Musk plans to exit DOGE and focus on TSL and other companies.

Jin10 data reported on May 8th, Tangrenshen announced that the sales volume of live pigs in April 2025 was 435,200 heads, while the sales volume in April 2024 was 315,400 heads, an increase of 37.98% year-on-year and an increase of 7.48% month-on-month; total sales revenue was 762 million yuan, an increase of 57.77% year-on-year and an increase of 10.98% month-on-month. The cumulative sales volume of live pigs from January to April 2025 was 1,697,600 heads, while the cumulative sales volume from January to April 2024 was 1,262,400 heads, an increase of 34.47% year-on-year; total sales revenue was 2.945 billion yuan, an increase of 62.15% year-on-year.

U.S. container imports surged in April, but are expected to reverse in May. The Port of Los Angeles and the Port of Long Beach are anticipated to see a significant drop in imported goods, particularly as weak demand is likely to lead to a decrease in shipping volumes by about 20%. Uncertainty in U.S. trade policy and increased risks of disruptions in the global Supply Chain are contributing factors.

Jin10 reported on May 8 that Espressif Technology announced that Espressif Hong Kong plans to reduce its holdings by no more than 1.35 million shares through centralized bidding or Block Trading, accounting for approximately 1.2032% of the company's total share capital. Shao Jingbo plans to reduce his holdings by no more than 6,029 shares through centralized bidding, accounting for approximately 0.0054% of the company's total share capital. The reduction period is from June 2, 2025, to September 1, 2025.

Aoyuan Group will adjust the repayment plan for the "H20 Aoyuan 2" 2025 bonds, delaying the principal repayment to the end of May 2026, with the repayment ratio divided into four phases of 20%, 20%, 30%, and 29.85%. 97.5% of the unpaid Interest will be paid in a lump sum, and the new Interest will follow the principal repayment.

According to ChainCatcher news, Jin10 reported that spot gold reversed its trend on Thursday after reports suggested that U.S. President Trump might sign a trade agreement with the UK, putting pressure on the market, while investors are waiting for the outcome of the U.S.-China trade negotiations this weekend. "In terms of trade agreements, any easing of trade tensions and reduction of uncertainty will be detrimental to gold. If the U.S. announces a trade agreement with the UK, it will have a positive impact on the global economy," said Jigar Trivedi, Senior Commodity Analyst at Reliance Securities.

Gate.io News bot message, Ethereum core developer Tim Beiko released a new proposal aimed at restructuring the AllCoreDevs governance process. The proposal focuses on optimizing the selection mechanism for flagship features in network upgrades, specifically including clarifying fork priorities, limiting one flagship feature per layer, establishing a dual-phase community feedback mechanism for both early and testnet, and formally establishing a long-term upgrade working group. These measures aim to enhance decision-making transparency and governance legitimacy. Source: Wu Says

Jin10 data reported on May 8, Ankai Bus announced that as of April 2025, the company's production volume is 680 units, with a cumulative production volume of 2495 units this year, marking a rise of 25.25%. The sales volume in April was 606 units, with a cumulative sales volume of 2200 units this year, marking a rise of 20.68%.

PANews May 8 news, Layer 1 Blockchain project MANTRA announced on X platform that the OM upgrade vesting has begun, allocation information is now available for viewing, and relevant users must claim within the first 12 months in order to continue receiving OM upgrade distribution rewards.