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Tuesday, February 10, 2026

China Cracks Down on Offshore Yuan Stablecoins and Tokenized Assets

China tightens crypto regulations, banning unapproved offshore yuan stablecoins and RWA tokenization to protect monetary sovereignty.

Tesla Ignites China’s AI Scene with New Training Center for Self-Driving Tech

Tesla launches a new AI training center in China to boost its Full Self-Driving capabilities, addressing data localization laws and intensifying competition in the EV market.

Montage Technology’s Hong Kong IPO Soars, Raising $902 Million Amidst AI Chip Demand

Montage Technology's Hong Kong IPO surges over 57% on debut, raising $902 million amidst strong investor demand for AI-driven semiconductor solutions.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Edgar Bronfman Jr. Competes for Paramount Global Stake, Proposes Keeping Shari Redstone Involved

Edgar Bronfman Jr. has made a $6 billion bid to acquire a controlling stake in Paramount Global, potentially allowing Shari Redstone, the current non-executive...

Restaurants Navigate Rising Costs with Surcharges Amid “Junk Fees” Debate

Lawmakers are intensifying efforts to eliminate “junk fees,” but restaurants are attempting to avoid being caught in the crossfire. In recent years, surcharges covering...

Boeing’s Starliner Capsule to Return Empty from ISS Due to Technical Issues

Boeing's Starliner capsule, currently docked at the International Space Station (ISS), will return to Earth without the NASA astronauts it delivered in early June,...

Mavericks and Pelicans Exit Regional Sports Networks Amidst Diamond Sports Bankruptcy

Fans of the Dallas Mavericks and New Orleans Pelicans are anticipating a new way to watch local games as the upcoming NBA season approaches....

Surge in Crypto Millionaires: Global Count Nearly Doubles Amidst Rising Bitcoin ETFs

The population of crypto millionaires around the world has soared by 95% over the past year, with the number of individuals holding more than...

Canadian National Railway Workers to Return as Government Intervenes in Rail Stoppage

Workers at Canadian National Railway (CN) are set to return to work on Friday, following a government move to end an unprecedented rail stoppage...

Commonwealth Bank of Australia Lowers Mortgage Rates Amid Growing Market Competition

Commonwealth Bank of Australia (CBA), the nation’s largest lender, announced a reduction in interest rates on select home loan products for new customers on...

Tabcorp Fined A$4.3 Million for Repeated Breaches of Gambling Harm Prevention Laws

Australian wagering company Tabcorp has been fined A$4.3 million ($2.89 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for repeated violations of...

Japan’s Core Inflation Accelerates, Raising Questions for Central Bank’s Future Rate Hikes

Japan's core inflation rate continued its upward trajectory in July, marking the third consecutive month of acceleration, according to data released on Friday. The...

Investors Flock to Money Market Funds Ahead of Anticipated Fed Rate Cuts

Investors funneled $37 billion into money market funds (MMFs) in the week leading up to Wednesday, according to Bank of America, as they positioned...

China’s Central Bank Subtly Intervenes to Prevent Rapid Yuan Appreciation

After months of attempting to stabilize a declining yuan, China's central bank now faces the challenge of preventing the currency from appreciating too rapidly....

Airlines Increasing Flights Over Afghanistan Amid Middle East Conflict

Several major airlines, including Singapore Airlines, British Airways, and Lufthansa, have significantly increased their flights over Afghanistan, deeming it a safer route amid the...

U.S. Postal Service Plans $30 Billion Savings with Operational Changes

The U.S. Postal Service (USPS) announced plans to implement a series of changes designed to save the agency an estimated $30 billion over the...

Chinese Entities Use U.S. Cloud Services to Access Advanced AI Chips and Technology

Chinese state-linked entities are leveraging cloud services provided by Amazon and other U.S. tech giants to gain access to advanced AI chips and technologies...

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