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Implementing cost-optimization plan? Volkswagen to cut around 50,000 jobs worldwide Volkswagen CEO Oliver Blume has confirmed plans to cut an additional 50,000 jobs, despite the supervisory board rejecting his proposal to close four factories in Germany.
World
2026.07.14 18:11
S. Korea's memory chipmaker SK Hynix makes debut on Nasdaq, riding US AI frenzy South Korean semiconductor maker SK Hynix made its highly anticipated trading debut on the Nasdaq stock exchange on Friday, following a blockbuster 26.5-billion-U.S.-dollar American Depositary Receipt (ADR) offering.
World
2026.07.11 11:55
OpenAI launches GPT-5.6 AI model family U.S. artificial intelligence company OpenAI on Thursday announced the general availability of GPT-5.6, its latest family of AI models, after a rollout was delayed last month at the U.S. government's request over cybersecurity concerns.
World
2026.07.10 14:05
Fed minutes show inflation concerns grew at June meeting On July 8 local time, the Federal Reserve released the minutes of its Federal Open Market Committee (FOMC) meeting held on June 16 and 17. The minutes showed that all members unanimously agreed to maintain the target range for the federal funds rate at 3.5% to 3.75%.
World
2026.07.09 11:06
CityU survey: HK consumers' confidence in stock investments rises A consumer confidence index for the cross-strait and Hong Kong/Macao regions for the second quarter of 2026 was released on July 8, showing a decline in Hong Kong's overall consumer confidence while sentiment toward stock investment improved.
Hong Kong
2026.07.08 14:01
Watch This | Speech by CE at Hong Kong FIC & Bond Connect Summit Speech by CE at Hong Kong FIC & Bond Connect Summit
Hong Kong
2026.07.07 11:52
Financial disclosure reveals: Trump makes over US$1 bn from cryptocurrency profits last year According to reports from the Associated Press and other media outlets on June 30, US President Trump's 2025 fiscal year financial report submitted to the US Office of Government Ethics shows that the Trump family's cryptocurrency business generated over US$1 billion in revenue last year.
World
2026.07.01 19:03
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