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

Buy America, Build When?<\/a><\/h4>
Jul 1 2026<\/h6>Lawmakers and regulators are under pressure to remove red tape constraining affordable housing construction, while maintaining Trump\u2019s promise to bring manufacturing back to the states.

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\u2018Wholly owned subsidiaries of the West Wing\u2019<\/a><\/h4>
Jun 30 2026<\/h6>The Supreme Court\u2019s 6-3 decision to uphold Trump\u2019s removal of FTC member Rebecca Slaughter wiped out any semblance of independence that corporate watchdogs were still clinging to.

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Classic Gavin<\/a><\/h4>
Jun 29 2026<\/h6>Democratic presidential hopefuls are under pressure to present the public with big ideas on how they\u2019ll address affordability and economic inequality in the post-Trump era.

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Trump\u2019s rate dreams, deferred<\/a><\/h4>
Jun 25 2026<\/h6>What a difference a war makes.

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The housing bill\u2019s political closing costs<\/a><\/h4>
Jun 24 2026<\/h6>The bill\u2019s passage comes as both parties enter a critical stretch ahead of the elections, where affordability has been a top issue for voters.

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Can the White House\u2019s crypto guru cut a deal?<\/a><\/h4>
Jun 23 2026<\/h6>Patrick Witt\u2019s task is perhaps the most politically awkward in all of Washington.

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Hearts and minds and AI<\/a><\/h4>
Jun 22 2026<\/h6>Building a new data center used to be a fairly straightforward proposition.

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Kevin Warsh doesn\u2019t want the Fed to hold your hand anymore<\/a><\/h4>
Jun 18 2026<\/h6>Wall Street spent eight years hanging on the words of Federal Reserve Chair Jerome Powell. His successor isn\u2019t giving investors much to work with.

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

China AI drug-design deals swell as US scrutiny mounts<\/a><\/h4>
Jul 2 2026<\/h6>Riding a wave of booming cross-border dealmaking, China\u2019s AI-driven drug-design firms are charging onto the global stage despite Washington\u2019s growing scrutiny of Chinese biotech firms.\nThe value of out-licensing deals struck by Chinese biotech companies with top global multinational pharmaceutical companies climbed to US$75 billion in the first five months of 2026, up from zero before 2020, according to Linda Shu, head of China healthcare research at HSBC.\nIn total, over the five months, these...

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Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFC<\/a><\/h4>
Jul 2 2026<\/h6>Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city\u2019s edge over Switzerland as a wealth hub.\nFinancial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday.\nDriven by the asset-management and...

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Clogged pipeline: Many Hong Kong IPO hopefuls near application expiration<\/a><\/h4>
Jul 2 2026<\/h6>A large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse.\nMore than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and Eve Energy, a...

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New technologies power China\u2019s Tesla challengers to monthly sales records<\/a><\/h4>
Jul 2 2026<\/h6>Chinese Tesla challengers Leapmotor and Zeekr, banking on their latest battery and self-driving technologies, bucked a downward trend in domestic electric vehicle sales with record deliveries last month, ratcheting up pressure on the US carmaker amid weak consumer sentiment towards big-ticket items.\nStellantis-backed Leapmotor delivered 93,376 electric vehicles (EVs) last month, up 94.5 per cent year on year, as it rewrote its sales record for a second consecutive month.\nZeekr, a premium EV unit...

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China\u2019s AI-defined vehicles make smart motoring human-centred<\/a><\/h4>
Jul 2 2026<\/h6>How does an electric vehicle (EV) stand out in China\u2019s ultra-competitive market when batteries, behaviours and functions are so similar? Through its intelligence: how well is this robot on wheels going to get to know you, adapt to your habits and moods and anticipate your needs?\nWelcome to the era of the artificial-intelligence-defined vehicle (AIDV).\nHow did we get here? Until a few years ago, the car you drove away from the showroom was the finished product. Then came the software-defined...

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From AI chips to energy drinks: Hong Kong\u2019s biggest listing deals of 2026 so far<\/a><\/h4>
Jul 2 2026<\/h6>Hong Kong\u2019s stock exchange ranked second globally by capital raised in the first half of 2026, with total proceeds from initial public offerings and secondary listings rising 84.3 per cent year on year to US$26.4 billion.\nAmong the 84 new listings during the period, mainland Chinese issuers accounted for 98.5 per cent of the total, with the majority concentrated in advanced technology and consumer staples.\nBelow are the five largest deals:\n1. Victory Giant Technology, US$2.73 billion\nThe...

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PDD embraces China\u2019s \u2018city of the future\u2019 after bruising regulatory clash and record fine<\/a><\/h4>
Jul 2 2026<\/h6>The operator of budget online marketplaces Temu and Pinduoduo is ramping up its commitment in a state-backed development zone \u2013 dubbed a \u201ccity of the future\u201d in official discourse \u2013 months after the e-commerce group was hit by the heaviest penalty in a record food-safety crackdown and accused by regulators of obstructing enforcement.\nPDD Holdings had more than 600 employees at its unit in the Xiongan New Area by the end of June, making it the development zone\u2019s largest privately owned internet...

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China\u2019s tax crackdown shakes A-share and Hong Kong-listed firms with major payouts<\/a><\/h4>
Jul 2 2026<\/h6>China\u2019s anti-tax evasion campaign is sweeping across the A-share and Hong Kong stock markets, with at least 80 listed firms already having been ordered to pay back corporate income taxes and late fees to local authorities.\nThe number of listed companies involved in the first half of the year is likely to soon surpass the total of 89 for full-year 2025, raising concerns that Beijing\u2019s taxation drive could be extended amid local debt black holes, which would threaten corporate earnings, cash flows...

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

Investors Are Using Leveraged ETFs to Turbocharge AI Bets<\/a><\/h4>
Jul 2 2026<\/h6>Funds have begun to magnify swings in stocks like SK Hynix, analysts say

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US Jobs Preview: What to Watch for in the June Report<\/a><\/h4>
Jul 2 2026<\/h6>US employment growth is expected to show an improvement in June with the unemployment rate holding steady at 4.3%. Michael McKee has a preview on Bloomberg Television. (Source: Bloomberg)

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French Heat Wave Kills Poultry, Corn Crops in Key Farming Nation<\/a><\/h4>
Jul 2 2026<\/h6>France\u2019s record-breaking heat has cut as much as 30% of corn production in Europe\u2019s top farming nation and killed hundreds of thousands of poultry.

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Treasuries Slip Before Payrolls as Traders Weigh Warsh Comments<\/a><\/h4>
Jul 2 2026<\/h6>Treasuries edged lower as traders awaited a US employment print that may give clues on the Federal Reserve\u2019s interest-rate path after Chairman Kevin Warsh struck a dovish tone on inflation.

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China and US Target Tariff Reductions on Agricultural Products<\/a><\/h4>
Jul 2 2026<\/h6>China and the US are seeking to roll back tariffs on some agricultural products, as they look to preserve a broader trade truce that was struck last year.

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Meta Fuels AI Capacity Glut Fears, Chip Stocks Slump | The Pulse 7\/2\/2026<\/a><\/h4>
Jul 2 2026<\/h6>\"The Pulse With Francine Lacqua\" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.\n\nToday's guests: Paul Donovan, UBS Global Wealth Management Chief Economist, Vlad Tenev, Robinhood CEO, Jim DeMare, Bank of America Co-President, George Arison, Grindr CEO (Source: Bloomberg)

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Brazil Rail Operator Opens New Route to Boost Soymeal Exports<\/a><\/h4>
Jul 2 2026<\/h6>Brazilian railway operator VLI SA is starting a new export route for soybean meal, addressing key bottlenecks as the country attempts to boost shipments of the animal feed ingredient.

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Morgan Stanley Among Banks Challenging Growing Dollar Optimism<\/a><\/h4>
Jul 2 2026<\/h6>Currency strategists at Credit Agricole, Morgan Stanley and TD Securities are among those bucking the consensus call for a stronger dollar.

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

Meta Looks to Make Money From Its AI Spending Binge<\/a><\/h4>
Jul 2 2026<\/h6>The company is considering a cloud computing business to help generate revenue from AI

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Skyroot Plans India\u2019s First Private Sector Rocket Launch in July<\/a><\/h4>
Jul 2 2026<\/h6>Skyroot Aerospace Pvt announced that it was gearing up for its maiden flight of Vikram-1 \u2014 India\u2019s first privately designed and developed orbital rocket \u2014 between July 12 and August 4, in what would be a critical milestone for the country\u2019s first space unicorn after facing several delays.

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Finance and Tech Cut 28,000 Jobs Monthly as AI Takes Hold<\/a><\/h4>
Jul 2 2026<\/h6>Signs of slower hiring, attrition and companies deciding not to replace exiting workers.

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OpenAI Proposes Giving 5% Stake to US Government: FT<\/a><\/h4>
Jul 2 2026<\/h6>OpenAI has begun preliminary discussions about giving the US government a 5% stake in the ChatGPT-developer. The Financial Times reported that executives proposed the move as part of a broader arrangement under which Washington would hold 5% of each of the leading American AI developers. Matthew Bloxham of Bloomberg Intelligence has more. (Source: Bloomberg)

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SpaceX Analyst Debut Set to Test $2.2 Trillion Valuation<\/a><\/h4>
Jul 2 2026<\/h6>Investors in SpaceX have been largely flying blind since the company\u2019s record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth.

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SAP Restricts Hiring, Travel to Fund \u2018Significant\u2019 AI Push<\/a><\/h4>
Jul 2 2026<\/h6>SAP SE said it will cut back hiring and travel to save costs as Europe\u2019s largest software company devotes more resources to developing artificial intelligence technologies and fending off new competitors.

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Google Loses EU Top Court Fight Over \u20ac4.1 Billion Android Fine<\/a><\/h4>
Jul 2 2026<\/h6>Google lost its long-running fight against a \u20ac4.1 billion ($4.7 billion) European Union antitrust fine after the bloc\u2019s top judges said regulators were right to punish the US giant for abusing Android\u2019s market power.

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SoftBank Plans to Rent AI Compute in US at 10-Gigawatt Scale<\/a><\/h4>
Jul 2 2026<\/h6>SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year, using a growing pipeline of data centers to compete with the likes of CoreWeave Inc. and Nebius Group NV.

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

The UK Stock Market Continues to Lose Companies<\/a><\/h4>
Jul 1 2026<\/h6>M&A activity is heating up, even as the IPO pipeline remains fragile.

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Should You Worry About the Weak Japanese Yen?<\/a><\/h4>
Jun 30 2026<\/h6>Sudden reversals in the Japanese yen can cause market ructions. Is that on the cards this time?

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