Asia

China's Central Bank Could Embrace Federal Reserve Model In A Major Reform Under Governor Pan Gongsheng
AI Opportunities Emerge As Baidu Stock Plummets To 52-Week Low
Apple Vision Pro Debuts In China And It Is Almost $500 More Expensive Than In US
AI Opportunities Emerge As Baidu Stock Plummets To 52-Week Low
Apple Vision Pro Debuts In China And It Is Almost $500 More Expensive Than In US
E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report
Ascentage Pharma Soars On Deal With Cancer Drug Competitor

Asia Recent News

Yen Plummets To 160 Against Dollar, Lowest Since December 1986: Is Bank Of Japan Intervention Imminent?
The Japanese yen has reached 36-year lows against the dollar, depreciating by a third in 3 years due to interest rate divergence. Bank of Japan may reduce bond purchases in July after spending $61.3 billion on intervention. Traders may be testing BoJ's resilience in allowing debt to grow unchecked.
QCraft Revs Up Its Fundraising In Autonomous Driving Race For Cash
Key Takeaways: QCraft has raised over 1 billion yuan over six funding rounds, including its latest that raised several hundred million yuan Several rivals, including Momenta, Guangzhou WeRide and Pony.ai, have all been approved for overseas listings By Ken Lo 
Investors Worry How Trump Tariffs Could Further Impact Companies Reliant On Chinese Suppliers: Vulnerable Stocks 'Have Underperformed' This Year
Donald Trump proposes replacing income taxes with tariffs on foreign goods, causing skepticism from experts and impacting stocks reliant on Chinese imports.
Cisco 'Very Optimistic' About Growth In Chinese EV Market Despite Trade Tensions
Despite increased tariffs on Chinese EV imports by the U.S. and potentially the European Union, Chinese EV manufacturers continue to expand globally.
China Premier Li Qiang Defends EV, Battery Exports Amid Western Criticism: 'The Real Source Of The Strong Competitiveness'
China Premier Li Qiang defended his country's electric vehicle and lithium-ion battery industries against allegations of overcapacity and unfair subsidies from the West.
Deal Between Germany, China Could Stop Looming Tit-For-Tat On EV Tariffs
China and EU discuss deal to ease tensions over tariffs on electric vehicle companies, which could benefit both sides economically.
Netflix Buys International Rights To Tencent's Chinese Series 'See Her Again': Why This Rare Move Matters
Netflix bought the international rights to a Chinese series that has generated strong buzz. Here's why the move is important.
Yidu Finds Good Medicine In Regulatory Nod For Its AI
Key Takeaways: Yidu Tech’s shares rose 13.6% on the day it disclosed that two key algorithms behind its medical big data services were approved by the Cyberspace Administration of China Like many of its money-losing peers, the company has recently sacrificed growth at any cost to focus on operating profitably
TikTok-Parent ByteDance Collaborates With Broadcom To Develop Advanced AI Chip Amid US-China Tensions: Report
In a bid to secure a stable supply of high-end chips amid U.S.-China tensions, Chinese tech giant and TikTok's owner  ByteDance is reportedly collaborating with U.S. chip designer Broadcom to develop an advanced AI processor.
Cango Reduces Risks At Home, Looks Overseas For New Opportunities
Key Takeaways: Cango’s revenue has fallen sharply in recent quarters, including an 88% drop in the first quarter, as it downplays its self-operated car-trading service to reduce inventory risk The company launched its Autocango cross-border car trading platform in March, aiming to tap foreign demand for used Chinese cars
Apple's AI Strategy Faces Hurdles In China, Talks With Local Firms Are Ongoing
In the first quarter of this year, the Apple iPhone dropped to third place by handset market share among smartphone brands in China.
The Yen Is Falling Again: The Devaluation Scenario Remains The Main One
By RoboForex Analytical Department The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97.
China Invested More Than $230B Over Last Decade To Develop Its EV Industry, Study Finds
It has been revealed that China has invested a staggering $230.8 billion over the past decade to cultivate its electric car industry.

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