XRP has delivered a roughly 44% seven-day rally while XRP Ledger active addresses surged sharply. But rising futures leverage and crowded long positioning are creating a new test for whether the recovery can hold.
YMTC’s parent company plans a $4.9 billion Shanghai IPO to expand production and research as AI boosts demand for NAND memory.
PDD Holdings reported 8% second-quarter revenue growth to 112.36 billion yuan, below estimates, while profit fell 12% amid fierce competition.
Shein’s Hong Kong IPO order book is fully covered, with the company seeking up to $1.8 billion at a valuation near $27 billion.
Xiaomi has unveiled three self-developed chips as the Chinese technology company expands its semiconductor capabilities and domestic hardware ecosystem.
China is accelerating embodied-intelligence development by combining AI models, robotics, sensors, and domestic computing infrastructure for physical-world applications.
China’s Tiangong Ultra humanoid robot reportedly ran 100 meters in 8.66 seconds at a Beijing robotics competition
SK Hynix is considering a memory-chip manufacturing plant in Japan’s Miyagi Prefecture as AI demand drives global capacity expansion.
South Korea unveiled seven future-technology projects spanning quantum computing, space, nuclear energy, biotechnology, and other strategic research areas.
South Korea plans a new fund using semiconductor-related tax revenue to support AI, youth investment, and future-growth industries.
South Korea’s business sentiment reached its highest level since September 2022 in August, supported by semiconductor strength and recovering services.
SK Hynix workers narrowly rejected a wage deal offering a 6.3% raise after concerns over receiving 60% of bonuses in company shares.
Samsung approved a record 90–110 trillion won shareholder-return plan, but investors wanted larger buybacks and clearer distribution of AI-driven profits.
Japan’s manufacturing PMI rose to 55.1 in August as new orders recorded their strongest growth since January 2018.
Japan plans to study blockchain infrastructure for near-instant settlement of stocks and government bonds, potentially becoming operational in the early 2030s.
Japan’s service-sector inflation reached 3.6% in July, adding pressure from labor costs and strengthening expectations for further monetary tightening.
Indonesia is attracting more Chinese and Hong Kong investment as companies diversify supply chains and expand manufacturing and data-center projects.
Britain's manufacturing sector showed signs of improvement in August, with output and new orders strengthening after earlier weakness. (reuters.com)
U.S. manufacturing activity strengthened in August as new orders and production improved, although employment remained under pressure. (reuters.com)
Singapore's July core inflation rose 2.0% year over year, below expectations, while the economy's 2026 growth outlook was raised to 4.5%-5.5%.
A Reuters survey found that more than 80% of Japanese companies have yet to fully deploy AI, highlighting a cautious corporate transition.
Singapore's plan to clear secondary forest for high-density housing has prompted concern over biodiversity, while the city faces growing housing needs.
Refugees and migrants describe alleged merciless beatings at a Bulgarian detention center, raising concerns about abuse, accountability, and oversight.
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