Hong Kong Strengthens Crypto Regulations for Stabilityby John Darbie 17.08.2024Hong Kong tightens stablecoin rules, requiring HKMA licenses, to become a leading cryptocurrency hub.
China Yuchai Reports Strong H1 2024 Growth Amid Challengesby Mark Eisenberg 15.08.2024China Yuchai sees 12.4% sales growth, 32.8% surge in engine sales. Strategic investments boost future prospects.
Global Stocks Rise on Fed Rate Cut Hopesby Mark Eisenberg 15.08.2024Stock markets gain globally as investors anticipate a Federal Reserve interest rate cut amid positive economic indicators.
WeRide Gains Permit for Robotaxi Trials in Californiaby Mark Eisenberg 15.08.2024WeRide can now test robotaxis with passengers in California, but can't charge fares. The move precedes a potential $5B IPO.
Preparing for New U.S. Biotech Legislationby Lilu Anderson 15.08.2024Companies must adapt as U.S. advances biotech bill restricting Chinese suppliers.
Gold Prices Steady Amid CPI Anticipationby Mark Eisenberg 15.08.2024Gold nears record highs as traders await CPI data; dollar weakens, metal market cautious.
EastWind Cyber Campaign: Collaboration of APT Toolsby Lilu Anderson 15.08.2024Kaspersky uncovers EastWind cyber espionage by Chinese APT groups using Dropbox for C2 servers, targeting Russian government.
Chinese Oil Demand Declines for Third Monthby Lilu Anderson 15.08.2024The IEA reports a continued decline in Chinese oil demand amid weakened industrial activity and a struggling economy.
Tencent Reports Q2 Profit Surge Powered by Gamingby Mark Eisenberg 14.08.2024Tencent's Q2 profit of 47.6B yuan surpasses expectations, driven by gaming releases like Dungeon & Fighter Mobile.
Nasdaq Tech Stocks Face Major Selloff Risk: Citi Alertsby Mark Eisenberg 14.08.2024Citi warns U.S. tech stocks could face pressure as investors de-risk portfolios amidst key economic data releases.