China · Business
Same event, multiple sources, transparently cited.
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German industrial production falls 1.1% in July, largest drop since last year
German industrial production dropped 1.1% in July 2026 amid a sharp 9.2% fall in automotive output and energy gains.
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Japan's August foreign reserves drop $79.6 billion after record yen intervention
Japan's foreign reserves fell by a record $79.6 billion in August following the largest month of yen-buying currency intervention on record.
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Trump expresses understanding of Canada’s capped low-tariff imports of Chinese electric vehicles
At the June 2026 G7 summit, Donald Trump acknowledged and discussed Canada’s capped imports of Chinese EVs with Prime Minister Mark Carney.
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China Proposes Draft Rules to Curb Unfair Subsidies in Food Delivery Sector
China’s State Administration for Market Regulation unveiled draft rules to limit subsidy campaigns harming competition in food delivery services.
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CPP Investments to Commit Up to C$1 Billion to Indian Data Center Operator CtrlS
Canada Pension Plan Investment Board will invest C$1 billion in CtrlS to acquire stake and form joint venture for data center expansion in India.
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China injects $54 billion into state banks and insurers to support economy
China’s Ministry of Finance is injecting about $54 billion into major state-owned banks and insurers to boost capital and economic growth.
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EU Parliament bans plant-based foods from using 'steak' and 'bacon' labels
The EU Parliament voted on June 16 to ban plant-based foods from using the terms 'steak' and 'bacon' while allowing 'burger' and 'sausage'.
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Ericsson CEO Borje Ekholm to step down, Per Narvinger to succeed him October 1
Ericsson announced Borje Ekholm will step down as CEO at September's end, with Per Narvinger taking over October 1, 2026.
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Evergrande liquidators seek to void HK$1 billion PwC compensation deal with HK regulator
Evergrande’s liquidators asked a court to nullify a HK$1 billion shareholder compensation deal struck between Hong Kong’s SFC and PwC Hong Kong.
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AIA and Prudential name new senior executives in Hong Kong to serve wealthy clients
AIA Ltd and Prudential plc have created senior roles in Hong Kong to target wealthy clients from mainland China and the region.
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Amazon to Invest $10 Billion in New Missouri Data Center Campus
Amazon Web Services announced a $10 billion investment to build a data center campus in Montgomery County, Missouri, creating over 400 full-time jobs.
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US Ends Investigation into Delta Air Lines’ 2024 System Outage Without Penalties
US Transportation Department closed probe into Delta Air Lines' 2024 system meltdown, citing customer aid and no penalties issued.
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Hong Kong faces US$274 billion IPO lock-up expiry wave in 2026, peak in July
Hong Kong stocks face pressure as US$274 billion worth of IPO lock-up shares expire over 12 months, with July seeing the largest monthly expiry at HK$255 billion.
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ECB Doubles Banks Under Private Credit Exposure Probe to Over 20
The European Central Bank expanded its review of banks’ private credit exposures from about a dozen to more than 20 institutions.
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China sets target for 40% of new heavy trucks to be electric by 2030
China aims for 40% of new heavy truck sales to be electric by 2030, with 1.6 million EVs in its fleet and 3,000 charging stations planned.
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Zhipu Shares Surge 48% after JPMorgan Raises Price Target Amid AI Market Shift
Chinese AI firm Zhipu’s shares jumped as much as 48% on June 15, 2026, after JPMorgan raised its price target and kept an overweight rating.
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South Korea and U.S. Agree to Cooperate on Addressing Korean Won Weakness
South Korea’s Deputy Finance Minister met U.S. Treasury officials to discuss the won’s recent sharp depreciation and agreed to joint action.
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Hong Kong targets 1,000+ small firms to boost trading and investor coverage
Hong Kong stock issuers aim to increase trading in over 1,000 small-cap companies under HK$500 million market value.
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US average diesel price hits record $5.85 amid Iran war disruptions and inflation pressure
US diesel prices reached an all-time high of $5.85 per gallon on September 4, driven by Iran war supply disruptions and rising inflation.
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Apple's foldable iPhone initial production capped at a few hundred units daily
Apple's foldable iPhone daily production remains limited to a few hundred units due to strict quality controls as of August 2026.
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Xiaomi Auto to launch electric vehicle sales in Europe in 2027 with German dealers
Xiaomi Auto signed agreements with eight major German car dealer groups to enter the European EV market in 2027.
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Geely to streamline operations by shutting units and focusing on Hong Kong-listed arm
China’s Geely will close or merge some entities and center resources on its Hong Kong-listed unit to improve governance.
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Traders’ bullish bets on US dollar hit highest since February 2025 amid Middle East war
Traders have accumulated US$27.8 billion in bullish bets on the US dollar as of June 9, the strongest sentiment since early 2025.
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Chinese AI Start-up Moonshot Files Confidentially for $3 Billion Hong Kong IPO
Chinese AI developer Moonshot has confidentially filed for an IPO in Hong Kong aiming to raise $3 billion.