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Wednesday, February 11, 2026

Alibaba Unveils RynnBrain: A New Open-Source AI Model for Robotics

Alibaba launches RynnBrain, an open-source AI model for robotics, challenging Google and Nvidia in the physical AI race. Learn how this innovation empowers robots.

ByteDance’s Seedance 2.0 Fuels China Tech Stock Surge Amidst AI Video Advancements

ByteDance's new AI video model, Seedance 2.0, sparks a rally in China's tech stocks, showcasing advanced features while raising ethical considerations.

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.

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.

Novo Nordisk Invests $4.1 Billion in New U.S. Plant to Boost Supply of Wegovy and Ozempic

Novo Nordisk announced plans to invest $4.1 billion in constructing a new manufacturing plant in Clayton, North Carolina. This initiative aims to enhance the...

Shein Eyes London IPO Amid U.S. Backlash Over Forced Labor Concerns

Shein, the fast fashion giant with strong ties to China, has confidentially filed for a public listing in London, according to a source familiar...

Oil Prices Edge Down Amid Dollar Strength and Interest Rate Concerns

Oil prices saw a slight decline on Monday due to renewed concerns over prolonged higher interest rates, which strengthened the dollar, balancing the support...

EU to Take Further Action Against Apple Over Digital Markets Act Compliance

The European Union is set to take further action against Apple on Monday in response to the company's compliance with the Digital Markets Act...

U.S. Prosecutors Recommend Criminal Charges Against Boeing Over 737 MAX Settlement Breach

U.S. prosecutors have recommended that senior Justice Department officials bring criminal charges against Boeing after determining the company violated a settlement related to two...

Australia Plans Billion-Dollar Fines for Supermarket Chains Violating Code of Conduct

Australia's federal government announced plans to impose billion-dollar fines on major supermarket chains that fail to comply with a mandatory industry code of conduct,...

Hong Kong Court Grants Kaisa Group Seven-Week Extension for Debt Restructuring

A Hong Kong court has granted Chinese property developer Kaisa Group a seven-week extension to finalize its debt restructuring plan, adjourning a liquidation petition...

China Urges EU to Revoke Preliminary Tariffs on Electric Vehicles Amid Trade Tensions

China is urging the European Union to cancel its preliminary tariffs on Chinese electric vehicles (EVs) by July 4, following an agreement to hold...

ByteDance Collaborates with Broadcom on Advanced AI Processor Amid U.S.-China Tensions

China's ByteDance is collaborating with U.S. chip designer Broadcom to develop an advanced AI processor, according to sources familiar with the matter. This strategic...

Shein Faces Challenges for U.S. IPO Amid Rising U.S.-China Tensions, Considers London Listing

China-founded e-commerce company Shein is encountering growing obstacles in its pursuit of going public in the United States, according to experts, as escalating tensions...

Regulators Identify Weaknesses in Resolution Plans of Major U.S. Banks

Banking regulators revealed on Friday that they found weaknesses in the resolution plans of four of the eight largest American lenders. The Federal Reserve...

Eli Lilly Seeks FDA Approval for Zepbound to Treat Obstructive Sleep Apnea

Eli Lilly has applied for U.S. approval of its weight loss drug Zepbound to treat obstructive sleep apnea (OSA), the most common sleep-related breathing...

U.S. Existing Home Sales Hit 30-Year Low Amid Record Prices and High Mortgage Rates

Sales of previously owned homes in the U.S. remain at a 30-year low, showing minimal movement in May as home prices reach new highs...

Forever 21 Seeks Rent Reductions Amid Struggles with Competition and Declining Sales

Forever 21 is requesting significant rent reductions from landlords as it faces declining sales and stiff competition in the fast-fashion market. The retailer, which...

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