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Changan has promoted two more executives born in the 1980s.

Changan has promoted two more executives born in the 1980s.

``` Author | Zhou Zhiyu Changan Automobile has promoted two more post-80s employees. Wallstreetcn learned on June 16 that at the board meeting held on June 15, the Changan Automobile board appointed Chen Zhuo and Di Zhirui as company vice presidents. Chen Zhuo, born in 1984, is currently the president of Avatr

Report: SpaceX reaches merger agreement with Cursor in a deal valued at $60 billion

Report: SpaceX reaches merger agreement with Cursor in a deal valued at $60 billion

``` According to Bloomberg, on June 16, 2026, SpaceX announced it has reached a definitive merger agreement with Anysphere, the developer of the AI programming tool Cursor. This deal values Cursor at approximately $60 billion and will be carried out entirely through a stock transaction. Under the agreement, X67 Inc., a

Alibaba releases the Qwen-Robot series of embodied large models; the three major models enable robots to "walk, observe, and think simultaneously."

Alibaba releases the Qwen-Robot series of embodied large models; the three major models enable robots to "walk, observe, and think simultaneously."

Alibaba is extending the competition of large models from the digital world to the physical world. On June 16, Alibaba released the Qwen-Robot series of embodied intelligence large models, simultaneously launching three models covering operation, movement, and world modeling, establishing the first complete embodied intelligence model system in the Qwen

The biggest update in history! The AI-powered Alipay launches invite-only testing—a single chat window handles payments, transfers, and tens of thousands of other services.

The biggest update in history! The AI-powered Alipay launches invite-only testing—a single chat window handles payments, transfers, and tens of thousands of other services.

``` Ant Group’s Alipay completes its largest product overhaul in 20 years, shifting its product positioning from a utility app to an AI agent platform. On June 16, the AI version of Alipay was officially launched, with the smart assistant named “A Bao.” Users can swipe right to enter the

Qatar plan: LNG production capacity will recover to 50% one month after the strait reopens, 80% after two months.

Qatar plan: LNG production capacity will recover to 50% one month after the strait reopens, 80% after two months.

``` Qatar is preparing to rapidly increase liquefied natural gas production once the Strait of Hormuz reopens, planning to restore export capacity to about 80% within two months. This timeline is faster than market expectations, but some facilities damaged by missile strikes will still take years to fully repair. According to

Korean media: SK Hynix plans to launch a 100 trillion won shareholder return program after its U.S. stock market listing.

Korean media: SK Hynix plans to launch a 100 trillion won shareholder return program after its U.S. stock market listing.

SK Hynix's aggressive posture in the capital market is grounded in a long-term framework for shareholder returns. According to a report on the 16th by Korea Economic Daily, one of South Korea's most influential financial media outlets, SK Hynix plans to launch a shareholder return plan

Return to 1%: Japan's 31-Year Interest Rate Cycle

Return to 1%: Japan's 31-Year Interest Rate Cycle

``` In September 1995, the Bank of Japan lowered the discount rate to 0.5%. At that time, no one could have foreseen that Japanese interest rates would remain below 1% for almost thirty years—until June 16, 2026. This Tuesday, the Bank of Japan raised the policy rate from 0.