{"id":87,"date":"2025-07-24T13:05:55","date_gmt":"2025-07-24T13:05:55","guid":{"rendered":"https:\/\/infovision.com.au\/?page_id=87"},"modified":"2025-08-09T23:41:23","modified_gmt":"2025-08-09T23:41:23","slug":"latest-news","status":"publish","type":"page","link":"https:\/\/www.alfie.com.hk\/index.php\/latest-news\/","title":{"rendered":"Latest News"},"content":{"rendered":"
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Economy<\/a><\/h2>

Trump's approval holds steady despite unpopular policies, per new NYT poll<\/a><\/h4>
Sep 30 2025<\/h6>Trump\u2019s strength with Republicans on the economy could prove to be a boon for the GOP.

President Donald Trump speaks with reporters on the South Lawn of the White House on his way to board Marine One, Sept. 30, 2025.<\/a><\/p><\/div>

New poll reveals warning signs for Trump with Latino voters<\/a><\/h4>
Sep 15 2025<\/h6>A survey from the liberal-leaning group Somos Votantes shows Latino voters are souring on the president.

A person holds up a sign that says Latinos with Trump as then-candidate Donald Trump speaks at a campaign rally March 18, 2016, in Salt Lake City.<\/a><\/p><\/div>

Trump is selling a strong economy. Voters aren\u2019t buying it.<\/a><\/h4>
Sep 13 2025<\/h6>Privately, aides concede voters remain uneasy about prices but argue their policies are beginning to turn things around.

President Donald Trump, in a Fox interview Friday morning, said Americans are experiencing the \u201cbest economy we've ever had.\u201d<\/a><\/p><\/div><\/div>\n\n\n

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Morning Money<\/a><\/h2>

A startup takes on Trump\u2019s Wall Street regulator<\/a><\/h4>
Oct 21 2025<\/h6>The lawsuit marks a rare display of corporate resistance in Trump 2.0.

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What the regional bank sell-off says about the economy<\/a><\/h4>
Oct 20 2025<\/h6>The sell-off in bank stocks that rattled markets last week is a sign that the economy is beginning to strain.

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The haves and have-nots in the AI economy<\/a><\/h4>
Oct 16 2025<\/h6>AI\u2019s rising tide isn\u2019t lifting all boats.

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Crypto\u2019s new Capitol Hill headache<\/a><\/h4>
Oct 15 2025<\/h6>The centerpiece of Republicans\u2019 cryptocurrency policy agenda is stuck in the mud in the U.S. Senate, and it is becoming increasingly clear that it has little chance of becoming law this year.

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Trump bets on Argentina as IMF-World Bank gather<\/a><\/h4>
Oct 14 2025<\/h6>Global economic policymakers are gathering for the annual meetings of the International Monetary Fund and World Bank to take up a host of global financial challenges.

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The Labor Department\u2019s data woes are about to get worse<\/a><\/h4>
Oct 9 2025<\/h6>The longer Congress is stuck in a stalemate over government funding, the greater the chance that furloughed Labor Department employees won\u2019t have the data to provide accurate updates on where the economy stands.

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What the threat to federal workers\u2019 backpay means for the economy<\/a><\/h4>
Oct 8 2025<\/h6>The federal government is the largest employer in the country. When it fails to make payroll, that pulls down spending and creates a drag on economic growth.

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\u2018Zero guardrails\u2019: CEOs brace for Trump scrutiny<\/a><\/h4>
Oct 7 2025<\/h6>In a report out this morning, GSR\u2019s risk advisory council identified public criticism from Trump as the leading reputational risk now faced by companies and global organizations.

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Business - South China Morning Post<\/a><\/h2>

China\u2019s Unitree builds course for students to learn how to train robot dogs<\/a><\/h4>
Oct 21 2025<\/h6>Unitree Robotics has launched an education platform for students to train robot dogs and understand how they operate based on the start-up\u2019s Go2 system, as adoption of these quadruped machines expands from enthusiasts to mainstream consumers.\nAccording to its social media post on Tuesday, Unitree has developed an in-person training course with ready-to-use tools that would enable students to learn the operation, maintenance and applications of a quadruped robot \u2013 specifically, the company\u2019s...

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Hong Kong dollar peg here to stay despite global shifts: currency architect<\/a><\/h4>
Oct 21 2025<\/h6>The Hong Kong dollar\u2019s peg to the US dollar will not change despite recent volatility and a \u201cmild erosion\u201d of the US dollar\u2019s dominance, according to John Greenwood, the economist behind the city\u2019s currency mechanism.\nHong Kong\u2019s currency board system acted \u201cas designed\u201d during a tumultuous year for the local dollar, Greenwood said on Tuesday during a briefing in the city.\nEarlier this year, a rare liquidity surge from the Hong Kong Monetary Authority\u2019s (HKMA) defence of the currency peg sent...

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Grand Mayfair III sells all units amid stabilising Hong Kong property market<\/a><\/h4>
Oct 21 2025<\/h6>Hong Kong\u2019s first-hand housing market saw brisk transactions on Monday, with buyers snapping up all available units at a project in Yuen Long, New Territories.\nThe 680-unit Grand Mayfair III on 29 Kam Tin Road \u2013 jointly developed by Sino Land, K Wah International, China Overseas Land and Investment and MTR Corp \u2013 sold all 138 units that were put up for sale, according to the developers. The development is part of the 2,220-unit Grand Mayfair project.\nThe developers released the first price list...

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\u2018Clear edge\u2019: why China\u2019s shipyards are still dominant despite US port fee drama<\/a><\/h4>
Oct 21 2025<\/h6>The fallout from the US-China port fee battle is still rippling through the global shipping sector as companies scramble to adapt. Yet, despite the drama, industry players still expect China to retain its edge as a leading shipbuilder \u2013 especially if the sector presses ahead with its green transition plans.\nThe United States imposed steep new levies on Chinese-linked vessels entering American ports earlier this month as part of a wider push to curtail China\u2019s dominance of global shipbuilding,...

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HSBC names new CEO of ring-fenced UK division amid biggest overhaul in a decade<\/a><\/h4>
Oct 21 2025<\/h6>HSBC Holdings has named David Lindberg CEO of its ring-fenced UK bank, ending a long search, as the lender undergoes its biggest overhaul in a decade.\nLindberg, most recently head of retail banking at NatWest Group, would start on December 8 and also joined the group operating committee, according to a statement. He is replacing Ian Stuart, who will start his new role as group customer and culture director following a handover period.\nCEO Georges Elhedery has undertaken the biggest overhaul of...

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Apple\u2019s iPhone and beauty products lead the charge in record-breaking Singles\u2019 Day<\/a><\/h4>
Oct 21 2025<\/h6>Alibaba Group Holding kicked off direct sales for its annual Singles\u2019 Day shopping festival on Monday, with initial figures surpassing last year\u2019s performance \u2013 a sign of strengthening domestic consumption during China\u2019s biggest online retail event.\nSince direct sales began on Taobao and Tmall at 8pm on Monday, 80 brands had exceeded 100 million yuan (US$13.8 million) in sales within the first hour, while more than 30,000 brands doubled their takings from a year earlier, according to data...

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Hong Kong an aviation hub for Greater Bay Area, beyond: Airport Authority chief<\/a><\/h4>
Oct 21 2025<\/h6>The Hong Kong International Airport (HKIA) is poised to serve as a major infrastructure for the Greater Bay Area (GBA) and markets beyond, as a fresh surge of Chinese companies moves to expand globally over the next decade, according to the head of the city\u2019s Airport Authority.\n\u201cWe mustn\u2019t see the HKIA just as an airport for Hong Kong,\u201d said Fred Lam Tin-fuk, Airport Authority chairman, in a speech at the Standard Chartered Hong Kong Business Summit 2025 on Tuesday. \u201cWe very much see it as a...

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Sea CEO sees path to US$1 trillion market cap with help of AI<\/a><\/h4>
Oct 21 2025<\/h6>Sea founder Forrest Li told employees a trillion dollar market capitalisation \u2013 an increase of about 10 times \u2013 is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth.\nIn a memo to staff Monday, seen by Bloomberg News, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy. But Li said it would not be...

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Bloomberg Markets<\/a><\/h2>

Bavarian Bidders Cut Bar for Takeover as Investor Clash Deepens<\/a><\/h4>
Oct 21 2025<\/h6>Nordic Capital and Permira lowered the acceptance level of their Bavarian Nordic A\/S takeover bid for the second time, stepping up efforts to bypass shareholder opposition and secure the deal.

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Blackstone and TPG Agree to $18 Billion Deal to Buy Hologic<\/a><\/h4>
Oct 21 2025<\/h6>Blackstone Inc. and TPG Inc. agreed to acquire medical-device maker Hologic Inc. for as much as $18.3 billion, including debt, as private equity dealmaking accelerates in a bumper M&A market.

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Vanguard Adds $1.4 Trillion S&amp;P Funds to Investor Proxy Program<\/a><\/h4>
Oct 21 2025<\/h6>Vanguard Group is expanding its proxy voting program \u2014 designed to give shareholders a greater say on corporate resolutions at portfolio companies \u2014 to add the investment giant\u2019s oldest index fund.

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Upside-Down Market Has EM Currencies Calmer Than Developed Peers<\/a><\/h4>
Oct 21 2025<\/h6>Emerging markets are supposed to be far more volatile than developed ones. But in currencies, that\u2019s been turned upside down this year.

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Zinc Sees Biggest Squeeze in Decades as LME Inventories Run Dry<\/a><\/h4>
Oct 21 2025<\/h6>The London Metal Exchange zinc market is facing the most severe squeeze in decades as traders rush to get hold of a dwindling volume of inventory underpinning contracts on the bourse.

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GM Raises Outlook on Boost From Trucks, Tariff Relief<\/a><\/h4>
Oct 21 2025<\/h6>General Motors Co. raised its full-year outlook and reported third-quarter results that beat Wall Street estimates. The automaker saw better-than-expected pickup truck sales and fresh relief from the Trump administration\u2019s tariffs on auto parts. General Motors CFO Paul Jacobson discusses the results, supply chain challenges, and the impact of tariffs on the auto industry on \u201cBloomberg Surveillance.\u201d

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Eos Shares Surge 23% on Deal to Power Pennsylvania Data Centers<\/a><\/h4>
Oct 21 2025<\/h6>Shares of battery manufacturer Eos Energy Enterprises Inc. jumped as much as 23% premarket after it announced plans to develop a $75 million factory that it expects will help power firm Talen Energy Corp. feed Pennsylvania\u2019s growing data centers.

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BlackRock Is Pulling Bitcoin Whales Into Wall Street\u2019s Orbit<\/a><\/h4>
Oct 21 2025<\/h6>Big Bitcoin holders are moving their wealth from the blockchain onto Wall Street\u2019s balance sheet.

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Bloomberg Technology<\/a><\/h2>

Waller Welcomes \u2018New Era\u2019 for Federal Reserve in Payments<\/a><\/h4>
Oct 21 2025<\/h6>Federal Reserve Governor Christopher Waller says the agency will be more active in studying ways to embrace innovative advancements in payments.

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Chesky Says OpenAI Tools\u00a0Not Ready for ChatGPT Tie-Up With Airbnb App<\/a><\/h4>
Oct 21 2025<\/h6>Airbnb Inc. Chief Executive Officer Brian Chesky said he didn\u2019t integrate\u00a0his company\u2019s online travel app with OpenAI\u2019s ChatGPT because\u00a0the startup\u2019s connective tools aren\u2019t\u00a0\u201cquite ready\u201d\u00a0yet.

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Thai Prime Minister Asks Deputy to Explain Scam Link Allegation<\/a><\/h4>
Oct 21 2025<\/h6>Thailand\u2019s Prime Minister Anutin Charnvirakul said he\u2019s asked Deputy Finance Minister Vorapak Tanyawong for a written response to allegations that he\u2019s linked to Southeast Asian scam networks.

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Spark, Khosla, Sequoia Back Startup Bringing AI to Tax Collection<\/a><\/h4>
Oct 21 2025<\/h6>Investors are betting on new software tools to grapple with one of the thorniest problems in business and life \u2014\u00a0taxes.

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Insight-Owned Veeam Agrees to Buy Securiti AI for $1.7 Billion<\/a><\/h4>
Oct 21 2025<\/h6>Veeam Software, owned by private equity firm Insight Partners, agreed to buy Securiti AI for about $1.73 billion in cash and stock, adding software that helps secure corporate data used in artificial intelligence applications.

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UnitedHealth\u2019s \u2018Optum Real\u2019 Uses AI to Speed Up Medical Claims<\/a><\/h4>
Oct 21 2025<\/h6>UnitedHealth Group Inc. is testing a new system to streamline how medical claims are processed, an early example of what the company says is the potential for artificial intelligence to smooth out friction in billing.

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CoreWeave CEO Won\u2019t Raise Core Scientific Bid Despite Opposition<\/a><\/h4>
Oct 21 2025<\/h6>CoreWeave Inc. won\u2019t increase its $9 billion offer for data center provider Core Scientific Inc., despite opposition to the deal from major shareholders.

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Coinbase Buys Investment Platform Echo in $375 Million Deal<\/a><\/h4>
Oct 21 2025<\/h6>Coinbase Global Inc. said it acquired crypto investment platform Echo for about $375 million, expanding the digital-asset exchange\u2019s footprint in private markets.

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Bloomberg Wealth<\/a><\/h2>

What Japan\u2019s New Leadership Means for Markets<\/a><\/h4>
Oct 21 2025<\/h6>

Sanae\u00a0Takaichi is seen as the heir to Shinzo Abe. But she may have less room for manoeuvre.<\/p>

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David Rubenstein-Backed Firm Builds $303 Million US Property Bet<\/a><\/h4>
Oct 21 2025<\/h6>An investment firm backed by Carlyle Group Inc. co-founder David Rubenstein and other members of the world\u2019s rich is bolstering its US real estate investments as the sector shows signs of recovery.

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Goldman Steps Up Saudi Wealth Bet to Target Middle East\u2019s Rich<\/a><\/h4>
Oct 21 2025<\/h6>Goldman Sachs Group Inc. is building out its wealth-management division in Saudi Arabia, as competition intensifies among Wall Street giants to tap into the Middle East\u2019s largest economy.

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Philippines Allows Millions of Overseas Filipinos More Access to Retirement Funds<\/a><\/h4>
Oct 21 2025<\/h6>The Philippine central bank is allowing more overseas Filipinos to invest in its debt instruments by exempting their pooled investments from a rule that limits ownership to residents.

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Wipeouts Threaten Korea Retail Army Chasing Riskiest Investments<\/a><\/h4>
Oct 20 2025<\/h6>

The nation\u2019s mom-and-pop investors are piling into risky assets as they try to build enough wealth to buy a home.<\/p>

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Platinum\u00a0Equity\u2019s Flashy\u00a0Billionaire Is Testing Fans' Loyalty<\/a><\/h4>
Oct 20 2025<\/h6>

Tom Gores built his private equity firm into a $50 billion powerhouse. Now it\u2019s in a fight to show this industry\u2019s old way of doing business still works.<\/p>

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UK Home Prices Are Stagnant as the Budget Nears<\/a><\/h4>
Oct 20 2025<\/h6>

At least it means affordability continues to improve, albeit slowly.\u00a0<\/p>

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Families Worth $110 Billion Boost Dividends Even as Profits Slow<\/a><\/h4>
Oct 20 2025<\/h6>Profits might be down at some of the world\u2019s biggest family-owned companies \u2014 but you wouldn\u2019t have guessed it from the dividends they\u2019re paying.

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