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Lei Jun, the founder, chairman, and CEO of Xiaomi (01810.HK), announced that the company has officially launched a special initiative for AI talent recruitment.Lei Jun stated that Xiaomi's research and development and capital expenditure in the AI sector this year amounts to RMB160 billion, and significant progress has been made...
Iranian state media, citing Iranian lawmakers, reported that Iranian officials are drafting legislation to impose passage fees on tankers passing through the Strait of Hormuz to strengthen control over the shipping route.The report stated that the draft has been prepared, and lawmakers hope to finalize the legislation by next we...
The Japanese stock market narrowed its decline this afternoon on the 30th, as foreign media reported that the United States is planning a ground operation against Iran. The market shifted from concern to a wait-and-see approach regarding the Middle East situation, with many local stocks going ex-dividend today. The Nikkei 225 In...
Asia-Pacific markets mostly declined this morning (30th), as investors anticipate a prolonged Middle East conflict, with Yemeni Houthi forces joining attacks on Israel. US President Donald Trump has indicated the possibility of seizing Iran's Kharg Island to halt Iranian oil exports.The People's Bank of China conducted a seven-d...
Matthew Michael, Head of Emerging Market Debt and Commodity Investments at Schroders, told the Economic Daily that the blockade of the Strait of Hormuz and damage to oil facilities will cause oil and gas prices to remain at current levels for a longer period. The market is currently expecting the conflict with Iran to persist fo...
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