Plunge in Asia’s AI Shares Sows Doubts Over World-Beating Rally Bloomberg.com Tech stocks suffer worst week since April after $800bn AI sell-off Financial Times Stock market update: Tech, AI companies suffer big losses NBC News Global stock markets fall sharply over AI bubble fears The Guardian SoftBank Group logs almost $50 billion in weekly losses as investors sour on AI plays CNBC Source link
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Japan’s New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token
Japan has done what its Asian peers can’t: launch a stablecoin that can circulate globally. Japan’s JPYC announced today the world’s first yen-pegged stablecoin, a fully redeemable digital yen backed by domestic deposits and Japanese government bonds (JGB). The stablecoin issuer said that it won’t charge a transaction fee and instead generate revenue from interest on holdings of JGBs. Here’s …
Read More »Apple Finally Joins in on One of Asia’s Biggest Trends With iPhone Crossbody Strap – Bloomberg.com
Apple Finally Joins in on One of Asia’s Biggest Trends With iPhone Crossbody Strap Bloomberg.com The 7 best crossbody phone straps and lanyards we’ve tried and actually love CNN Apple’s new Crossbody Strap accessory sure seems like a hit 9to5Mac I wore the viral iPhone crossbody strap so you don’t have to – my verdict after a week ZDNET You may be surprised which …
Read More »Asia’s Intel Suppliers Soar on Hopes of Nvidia Investment Boost – Bloomberg.com
Asia’s Intel Suppliers Soar on Hopes of Nvidia Investment Boost Bloomberg.com Nvidia’s $5bn stake in Intel is a shrewd political move The Economist Nvidia to invest $5bn in Intel and co-develop data centres, PC chips Yahoo Finance NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products NVIDIA Newsroom Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible …
Read More »Fed cut sets stage for Asia’s next easing wave amid trade strains
Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building in Krong Siem Reap, Cambodia, on July 27, 2025. Anadolu | Anadolu | Getty Images Asian central banks may find more room to ease policy after the Federal Reserve cut interest rates by a quarter percentage point Wednesday and signaled …
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