China · Business
Same event, multiple sources, transparently cited.
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Bitcoin Falls Below $60,000, Hits Lowest Since October 2024 Amid Bear Market
Bitcoin dropped below $60,000 on June 25, 2026, hitting $59,023, the lowest since October 2024, amid an eight-month bear market and ETF outflows.
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China's securities regulator orders halt on new foreign exposure via total return swaps
China’s CSRC directed brokers to stop offering new foreign exposure through total return swaps starting this week to curb outbound investment risks.
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Hong Kong Home Prices Rise for 12th Month, Longest Streak Since 2018
Hong Kong's private home prices increased for a 12th consecutive month in May 2026, driven by mainland buyers and low mortgage rates.
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Asian stock markets fall sharply on June 26 amid tech sell-off over AI concerns
Asian stock markets dropped steeply June 26, driven by technology stock sell-offs linked to AI-related valuation and cost worries.
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AI Demand Drives Memory Chip Shortage and Consumer Electronics Price Surge
Rising AI data center memory needs have sparked chip shortages and price hikes in consumer electronics worldwide.
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China’s top state banks cited for tax evasion and improper loans in audit report
National Audit Office found Bank of China evaded billions in taxes and Agricultural Bank issued improper farmland loans.
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South Korea to expand semiconductor clusters as AI chip demand surges
South Korea plans new semiconductor clusters and accelerated builds by Samsung and SK Hynix amid strong AI chip demand.
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ECB Officials Signal Possible Further Rate Hikes Amid Persistent Inflation
European Central Bank officials say further interest rate hikes may be needed to control inflation above target through 2027.
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Micron Technology posts $41.5B Q3 revenue, signs AI memory deal with Anthropic
Micron reported Q3 FY2026 revenue of $41.46 billion and net profit of $28.24 billion, and struck a strategic AI memory supply deal with Anthropic.
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Japan unveils 370 trillion yen 14-year plan focusing on AI and semiconductors
Japan announced a 14-year investment plan of 370 trillion yen targeting AI, semiconductors, and other tech sectors starting from 2026.
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China sharply restricts key mineral exports to Japan after Taiwan remarks
China has cut exports of critical minerals like tungsten and rare earth magnets to Japan since late 2025 amid tensions over Taiwan comments by Japan’s prime minister.
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Agility Robotics to Go Public via SPAC Merger Valued Around $2.5 Billion
Agility Robotics announced a SPAC merger with Churchill Capital Corp XI to list on Nasdaq under ticker AGLT, valuing the company near $2.5 billion.
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Bank of England caps stablecoin issuance at £40 billion, removes individual limits
The Bank of England set a £40 billion cap per stablecoin and scrapped proposed individual and business holding limits.
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Bank of Thailand Holds Policy Rate at 1% Amid Stable Inflation Outlook
Thailand's central bank kept its policy rate steady at 1% following a unanimous vote by its monetary policy committee.
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Bank of Korea signals future interest rate hike amid housing and debt risks
The Bank of Korea said it may raise interest rates soon due to rising housing prices and mounting household debt risks.
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Samsung Electronics plans 90 trillion won share buyback and 1,000 trillion won 10-year South Korea investment
Samsung Electronics announced a 90 trillion won share buyback for employee bonuses and a 10-year 1,000 trillion won investment plan in South Korea.
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Alphabet to Replace Verizon in Dow Jones Industrial Average on June 29, 2026
S&P Dow Jones Indices announced Alphabet will replace Verizon in the Dow before market opens June 29, 2026.
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Japanese equities shift from value to growth as AI firms top market cap rankings
Japanese equities are attracting growth funds as AI and energy-efficient technology firms outpace traditional manufacturers in market value.
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AI Stock Boom Doubles Market Caps in Taiwan and South Korea, Raises Retail Risks
Stock markets in Taiwan and South Korea doubled in value over the past year amid AI-driven demand, drawing record retail investor participation including minors.
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Alibaba sues US Defense Department to be removed from Chinese military blacklist
Alibaba filed a lawsuit against the US Department of Defense to challenge its listing as a Chinese military-associated company.
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India and US hold two-day talks in New Delhi to finalize interim trade deal
US Trade Representative Jamieson Greer met Indian Commerce Minister Piyush Goyal June 23-24 to advance an interim trade agreement before a July deadline.
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Dettol apologises after China advert sparks backlash over sexist content
Dettol pulled an advert in China and apologised after social media backlash over sexist themes and calls for boycott.
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Tesla and BYD lead Europe's EV sales surge in May 2026 with strong growth
Tesla and BYD posted sharp increases in electric vehicle registrations across the EU in May 2026, with BYD surpassing Tesla in monthly sales.
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Lucid Motors to Cut About 18% of U.S. Workforce, Eliminate COO Position
Lucid Motors announced on June 22 it will lay off about 1,500 U.S. employees and cut the COO role amid factory shift cancellations.