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Friday, June 27, 2025

Apple, Huawei, Xiaomi Lead China’s Top Online Consumer Brands

Apple, Huawei Technologies, and Xiaomi have emerged...

Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation

The rise of stablecoins continues to shape...

Xiaomi Launches YU7 SUV to Challenge Tesla Model Y in China’s EV Market

Tesla’s dominance in China’s premium electric vehicle...

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.

Telefonica Reports €1.3 Billion Loss in Q1 After Write-Downs on Latin American Sales

Telefonica, the Spanish telecom giant, reported a net loss of 1.3 billion euros ($1.45 billion) for the first quarter of the year, primarily due...

China and Colombia Sign Joint Cooperation Plan on Belt and Road Initiative

China and Colombia have officially signed a joint cooperation plan under the Belt and Road Initiative (BRI), strengthening their growing economic and strategic ties....

CATL to Price Shares at HK$263 in Hong Kong Listing, Raising $4 Billion

Chinese battery manufacturer CATL is preparing to price its shares at HK$263 ($33.70) each for its Hong Kong listing, according to sources familiar with...

Global EV Sales Rise 29% in April Despite Trade Tensions

In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...

Sony Forecasts Stable Profit Despite Trade War Impact and Gaming Decline

Sony has projected a slight increase in its operating profit for the financial year ending in March, with expectations of a 0.3% rise to...

NOYB Threatens Legal Action Against Meta Over AI Data Use

NOYB, an Austrian privacy advocacy group led by Max Schrems, has announced its intention to seek an injunction against Meta Platforms, potentially resulting in...

Asian Stocks Rise as U.S. Inflation Data Fuels Optimism for Rate Cuts

Stocks across Asia rose on Wednesday, while the U.S. dollar showed signs of weakness, as relatively tame U.S. inflation data bolstered hopes for interest...

Global Markets Watch for Trade Deals and Economic Data

Global equity markets have regained much of the losses from the past six weeks since U.S. President Donald Trump imposed tariffs, leaving investors anxiously...

Nvidia to Sell Over 18,000 AI Chips to Saudi Arabia’s Humain

Nvidia CEO Jensen Huang announced that the company will sell over 18,000 of its advanced Blackwell AI chips to Humain, a Saudi Arabian company....

Elon Musk Announces Starlink Approval for Aviation and Maritime Use in Saudi Arabia

Elon Musk announced that Saudi Arabia has approved his satellite internet service, Starlink, for aviation and maritime use in the region during a White...

Airbnb Unveils Redesigned App with Expanded Services for Travelers

Airbnb has introduced a redesigned app, signaling the company’s ambitious move to broaden its offerings beyond home rentals. This update is part of Airbnb’s...

Google Tests AI Mode Feature on Search Page to Compete with ChatGPT

Google is testing a new feature called "AI Mode," positioned just beneath its search bar, next to the “Google Search” button. This new addition...

Chime Files for IPO on Nasdaq, Revealing Growth and Financial Services

Chime, a leading financial technology company, has filed to go public on the Nasdaq under the ticker symbol “CHYM.” The company, which provides a...

CureIS Healthcare Files Lawsuit Against Epic Systems Over Anticompetitive Practices

CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday, accusing the electronic health record (EHR) provider of...

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