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Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

``` Traditional tech giants such as Google and Microsoft are joining forces to build a new technological barrier, aiming to thwart OpenAI and Anthropic’s aggressive expansion in the enterprise AI market. On June 18, according to The Information, Google, Microsoft, Salesforce, Snowflake, ServiceNow, and other companies jointly announced their support

SemiAnalysis: Half of US Data Centers to Shut Down by 2026? This Is an “AI-Coded” False Alarm

SemiAnalysis: Half of US Data Centers to Shut Down by 2026? This Is an “AI-Coded” False Alarm

The pessimistic narrative about the slowdown in U.S. data center construction has swept the market, but the truth behind the bearish sentiment is prompting rational investors to reconsider this collective misjudgment. On June 18, the independent industry research institute SemiAnalysis published an article explicitly refuting the extreme view widely

Energy costs drive up inflation pressure! South Korea's PPI rises 8.5% year-on-year in May, hitting a near four-year high.

Energy costs drive up inflation pressure! South Korea's PPI rises 8.5% year-on-year in May, hitting a near four-year high.

``` Producer price inflation in South Korea continues to heat up, making market assessments of the Bank of Korea’s monetary policy outlook increasingly complicated. According to data released by the Bank of Korea on Friday, the PPI rose 8.5% year-on-year in May, marking the biggest annual increase since July

Methanol electric acceleration lands in Hong Kong

Methanol electric acceleration lands in Hong Kong

``` Author | Zhou Zhiyu Hong Kong has over 100,000 electric vehicles, but only 11,000 charging stations. On average, every 11 cars share one station, with fast charging accounting for less than 20%. In private residential estates, it can take two to three years just to get approval to install

Momenta takes a key step toward Hong Kong IPO.

Momenta takes a key step toward Hong Kong IPO.

``` Author | Zhou Zhiyu On June 18, the China Securities Regulatory Commission issued an overseas issuance and listing record notification to Momenta Global Limited. According to the filing documents, Momenta plans to issue no more than 43,754,060 ordinary shares overseas and list on the Main Board of the Hong

161! The yen falls to its lowest level in nearly 40 years, Finance Minister reiterates "bold action will be taken"

161! The yen falls to its lowest level in nearly 40 years, Finance Minister reiterates "bold action will be taken"

``` The yen continues to be under pressure, approaching its weakest level in forty years, and Tokyo authorities' verbal warnings have struggled to halt the decline. Japan's Finance Minister Satsuki Katayama reiterated on Friday that authorities are "ready to take bold action against excessive speculation in the

Waller’s “hawkish debut,” Goldman Sachs lowers gold price target, “If there really is a rate hike this year, gold prices will fall further.”

Waller’s “hawkish debut,” Goldman Sachs lowers gold price target, “If there really is a rate hike this year, gold prices will fall further.”

``` Hit by the dual shocks of the Federal Reserve not cutting rates in 2026 and hawkish statements from new Chair Waller, Goldman Sachs has sharply lowered its year-end 2026 gold target price from $5,400 per troy ounce to $4,900, classifying its recent strategy as ‘tactically cautious’. It also