News Powered By AI
News Powered By AI
BYD shares declined nearly 5% in Hong Kong following the release of interim results showing mixed performance, with first-half net profit falling 20.5% despite strong export growth.
Financial regulators identified AI-driven cyber risk as the most immediate threat to global financial stability, citing concerns about accelerated attack capabilities and inadequate preparedness systems.
Asian refiners are purchasing crude oil from Argentina to mitigate supply disruptions caused by conflict in the Middle East, seeking alternatives that avoid geopolitical chokepoints.
Türkiye’s capital markets regulator introduced restrictions on hedge fund holdings, including limits on investments in related companies and concentrated positions, with compliance required by end of year.
Lithium miners reported strong first-half profits as battery storage demand surged 45% year-over-year, with Chinese and U.S. producers planning capacity expansions.
Private equity pursued a record 529 construction and engineering deals in the second quarter, driven largely by the AI data center boom and specialty trades supporting facility development.
