EUR/USD 1.18642
0.360%
Gold 5025.72
1.463%
Oil 62.974
-0.517%
USD/JPY 156.571
-0.334%
GBP/USD 1.36053
-0.095%
GBP/JPY 213.024
-0.427%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
EU regulators have accused Meta Platforms (META.O) of violating antitrust rules by prohibiting competitors from accessing its artificial intelligence services on WhatsApp. The agency intends to impose temporary measures to prevent serious and irreversible damage to competitors.On February 9th, the China Passenger Car Association (CPCA) released a report stating that in 2026, the penetration rate of new energy vehicles in light commercial vehicles will continue to increase, with the overall penetration rate expected to reach 43%, including 34% for light trucks, 32% for mini-trucks, and 75% for light buses. The light commercial vehicle market in 2026 is expected to remain generally stable amidst structural adjustments, entering a new phase dominated by existing market share. Sales are expected to remain within a specific range, with growth primarily driven by the deepening of new energy transformation and expansion into overseas markets. Under the guidance of high-quality development, new energy penetration continues to accelerate, with overseas exports becoming a key pillar, and technological competition focusing on intelligentization. In 2025, light commercial vehicle sales reached 2.901 million units, a year-on-year increase of 6.5%. In 2026, sales are expected to increase slightly by 0.3%, reaching approximately 2.911 million units for the year.ECB Governing Council member Simkus: The economic environment is extremely fragile.ECB Governing Council member Simkus: Interest rates are at a neutral level, and economic growth is close to its potential level.February 9th - Tesla China reported that Tesla Vice President Tao Lin recently revealed that there is no specific date yet for the rollout of Teslas Full Self-Driving (FSD) in mainland China, but all work (including the deployment of local training centers) is progressing steadily. "We have established local training centers in China specifically to handle this adaptation. Once officially released, it will demonstrate a level of performance no less than, and perhaps even surpassing, that of local drivers," she stated.

Abrdn buys stake in digital assets exchange Archax

Skylar Shaw

Aug 15, 2022 14:36

微信截图_20220815143226.png


In the midst of a larger push by investors into crypto-assets despite a recent decline in value, British asset manager abrdn has purchased a stake in digital asset exchange Archax.


A spokeswoman for abrdn said the investment, which was made for an undisclosed value, provides the asset manager the biggest external holding in Archax and earns it a seat on the asset management's board.


Archax, which was established in 2018, gives users access to blockchain-based digital assets and was the first exchange for digital securities to get regulatory authorisation from the Financial Conduct Authority, according to a statement from abrdn.


According to abrdn Chief Executive Stephen Bird, "Blockchain technologies are inescapably going to form a large part of the future of financial markets."


The Financial Times broke the news of the purchase first.


The action taken by Abrdn is indicative of a broader uptick in institutional investors' interest in digital assets.


The largest asset manager in the world, Blackrock, has introduced a spot bitcoin private trust for institutional clients and teamed up with cryptocurrency exchange Coinbase to provide some of its services to customers.


This week, Abrdn cautioned that it will take longer to expand its sales and posted lower-than-expected earnings due to choppy markets.

Suggestion