China · Business
Same event, multiple sources, transparently cited.
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China’s trade surplus with EU hits record $32.9 billion amid rising tensions
China's trade surplus with the EU rose 27% to $32.9 billion in June 2026 as the EU considers emergency import curbs.
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China's CXMT to launch Asia's largest semiconductor IPO on July 27, 2026
ChangXin Memory Technologies will list on Shanghai's STAR board aiming to raise up to $9.8 billion, the largest semiconductor IPO in Asia this year.
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Apple’s Market Value Surges $600 Billion as AI Chip Stocks Sell Off
Apple’s stock gained up to 17% since June 25, adding around $600 billion amid AI sector sell-off and shifting investor funds.
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Q2 2026 smartphone shipments drop sharply; Samsung reclaims lead, Apple gains global share
Global smartphone shipments fell 6.7% to 11% in Q2 2026 amid memory shortages; Samsung led with 24% market share, Apple grew to 20%.
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Automation in Kunshan displaces low-skilled workers as factories adopt robots
Kunshan's factories replace assembly jobs with robots, forcing displaced workers into low-paid gig labor.
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Germany's trade deficit with China hits €55 billion as exports fall 12% in H1 2026
Germany's trade deficit with China rose to about €55 billion in the first half of 2026 as German exports to China dropped over 12% year-on-year.
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Over 70% of Japan’s accommodations report labor shortages amid rising tourism
More than 70% of accommodation facilities in Japan face labor shortages as foreign visitor numbers hit 42.68 million in 2025.
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Japan’s June corporate goods prices rise 7.1%, fastest pace since March 2023
Japan’s corporate goods price index rose 7.1% year-on-year in June 2026, led by surging energy and metal prices.
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Typhoon Bavi causes at least 60 flight cancellations from Singapore and Hong Kong
Typhoon Bavi forced cancellation or rescheduling of over 20 Singapore Airlines and Scoot flights and more than 50 flights from Hong Kong in July and August 2023.
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Luxshare Raises $3.1 Billion in Hong Kong IPO, Shares Fall Nearly 10% on Debut
Apple supplier Luxshare Precision Industry raised $3.1 billion in its Hong Kong IPO on July 9, but shares dropped up to 9.6% on debut.
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Samsung-backed South Korean AI chip startup Rebellions plans 2027 IPO on KOSPI
Rebellions, supported by Samsung, plans an IPO in South Korea's KOSPI market in early 2027 with J.P. Morgan and Samsung Securities as underwriters.
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Four charged in Singapore for gold smuggling and VAT fraud using signal converters from China
Four Singaporeans were charged July 8 over a gold smuggling and VAT carousel fraud scheme involving electronic signal converters imported from China.
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China's July CPI and PPI inflation slow, both below market forecasts
China reported July consumer and producer price inflation slowed, missing forecasts as gasoline prices and international oil declines weighed on indices.
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Chinese autonomous driving startup Momenta raises US$751 million in Hong Kong IPO
Chinese autonomous driving firm Momenta debuted on the Hong Kong Stock Exchange, raising about US$751 million in its IPO.
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US Airlines’ Fuel Costs Rose 84% in May Amid Middle East Conflict and Oil Price Surge
US airlines spent $6.66 billion on fuel in May 2026, up 84% from last year due to higher jet fuel prices linked to Middle East tensions.
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China’s central bank extends gold-buying streak to 20 months, adds nearly 15 tons in June
China’s People’s Bank of China raised gold reserves for the 20th month, adding 480,000 ounces in June to reach 2,346 tons total.
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China boosts Hong Kong’s offshore yuan hub with expanded liquidity and bond quotas
China’s central bank raised yuan liquidity quotas and bond connect limits, while Hong Kong launched a gold clearing system to strengthen its offshore yuan market.
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BHP Gets Green Light for $15 Billion Expansion of Escondida Copper Mine in Chile
BHP won approval to begin early stage works on its $15 billion Escondida copper mine expansion in Chile as part of plans to double copper output by 2030s.
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Hedge funds hold largest bearish position on Japanese yen since 2007
Hedge funds increased short positions on the Japanese yen to nearly 138,000 contracts by June 30, the highest since 2007.
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US Stocks Rise on July 6 Led by AI and Tech; Mixed Signals in Asia and Europe
US stock market rose July 6, 2026, led by AI and tech gains, despite mixed performances in Asian and European markets.
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US electricity demand to hit record highs in 2026-27 driven by AI data center growth
US electricity consumption reached 4.195 trillion kWh in 2025 and is forecast to rise to 4.399 trillion kWh by 2027 as AI data centers expand rapidly.
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US stocks fall with AI and semiconductor shares hit as Hormuz Strait attacks push oil prices higher
On August 7, 2026, US markets closed lower as semiconductor stocks plunged and geopolitical tensions near Hormuz Strait pushed oil prices up.
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Malaysia aims for US$229 million durian exports to China by 2030 amid strong demand
Malaysia targets US$229 million in durian exports to China by 2030, driven by rising fresh and frozen durian sales.
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Hong Kong's assets under management hit record HK$42.2 trillion in 2025
Hong Kong’s assets under management rose 20% to HK$42.2 trillion (US$5.4 trillion) in 2025, driven by strong fund inflows and mainland-related growth.