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CHINA RENMINBI
BRICS isn’t killing the dollar. The world is learning to live without itBRICS aims to decrease reliance on the US dollar by facilitating trade in national currencies among member countries. This trend is evident...- China says venture funding rebounds as investors back AI, quantum technologyChina's venture capital sector is recovering, with investment in early-stage startups, smaller companies, long-term projects and hard-tech ...
- China fuels rush to turn AI video into an industryShenzhen has emerged as a leading hub for AI filmmakers in China, attracting various local governments wanting to establish tech clusters. ...
- China's DeepSeek annualised revenue run rate hits $1 billion: ReportThe figure underscores the rapid growth of the AI company that shook the tech industry last year after its models challenged US assumptions...
- Saving face, from the sun: China's facekini boom isn't just about fair skinAcross various regions in Asia, especially in China, a cultural affinity for lighter skin tones remains prevalent. Women are adopting facek...
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- China's DeepSeek taps CITIC Securities for domestic IPODeepSeek's engagement of CITIC, which has not been reported so far, is an indication that the startup is moving along in its IPO plan. Comp...
- China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
- China's help critical, but unlikely, for US to choke off IranThe United States seeks to economically isolate Iran through expanded sanctions. China's continued trade with Tehran complicates these US e...
- Alibaba's Qwen launches Qwen3.8-Flash AI model with lower training costsQwen3.8-Flash supports a default context window of 262,144 tokens, expandable to 1 million tokens, enabling it to handle large files, len...
- AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
- Delayed, Not Denied: India’s BGAI entry waits on market accessIndia’s potential inclusion in the Bloomberg Global Aggregate Bond Index remains delayed, not denied, with operational accessibility the ke...
- Get bullish about 'it's so bad that it's good'A Chinese animated film, 'Niu Lai', has become a viral sensation due to its poor quality. Audiences are flocking to see the movie for its p...
- Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
- China's LandSpace lands rocket booster; joins SpaceX and Blue Origin with reusable techThe ability to return, recover and reuse a booster is crucial to reduce cost and make it easier to put satellites into orbit, turning space...
- China chip designer Kiwimoore plans Hong Kong IPO at $2 billion valuationKiwimoore plans to list in Hong Kong in the first half of 2027. Founded in early 2021, Shanghai-based Kiwimoore makes networking technology...
- US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
- China memory chipmaker CXMT set for Shanghai debut after Asia's biggest IPOAt the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, makin...
- Chinese filing implies DeepSeek valuation of around $52 billionAnhui Korrun's subsidiary invested 2.90 billion yuan in DeepSeek. This investment secured an indirect 0.8265% stake in the company. The dea...
- Permitting Indians to borrow yuans is welcomeBy permitting Indian entities to borrow up to $1 billion in Chinese renminbi, the government only acknowledges an inevitability.
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