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YUAN FORECAST
Global Market: Yuan hits 4-year high as traders bet on further gainsChina’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations ...- Dollar rises after Fed hikes rates in bid to counter inflationThe US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflat...
- Dollar girded by bets on a US hiking cycleOn Wednesday, the dollar maintained its recent strength against leading currencies as traders eagerly awaited the Federal Reserve's anticip...
- Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
- Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
- China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...
- China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...
- Beyond marathons and backflips, China's robots face a commercial testThe economic potential of humanoid robots manufactured in China is becoming increasingly evident. Investors are focusing on robots that can...
- In 2020, Alzheimer’s diagnose process received major breakthrough approval, six years later 7 million patient in U.S. get another big announcement for progressive brain disease treatmentMore than 7 million people in the United States have Alzheimer's, and the number of people aged 65 or older with the disease could exceed ...
- Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debutUnitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO...
- TSMC approves $29.44 billion capital budget for capacity expansion amid AI demandTaiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificia...
- Forget Nvidia chips, China's next big race is being slowed down by an unlikely rival: monkeysLab primate prices in China have surged over 1,000% in eight years, with a single cynomolgus macaque now costing around Rs 22 lakh. The sho...
- Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growthChina's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and...
- Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic saysUnitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovat...
- China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policyChina's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...
- Global Market: China emerges as diversification bet for investors amid market volatilityGlobal investors now see Chinese assets as diversification, not just growth. China's markets show resilience amid global volatility and geo...
- China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
- Alibaba reports first operating loss as a public companyThe fine by China's markets regulator in April was the largest-ever of its kind
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