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Lenovo CEO: Lenovo raises PC prices to cope with soaring memory chip costs.On February 12th, Samsung announced that it has begun shipping the latest version of its HBM4 memory chips to customers, marking a significant milestone in the companys strategic lead in the AI memory market. Samsung is accelerating its efforts to meet strong demand for Nvidia graphics chips. Previously, competitor SK Hynix had taken a technological lead and dominated Nvidias high-bandwidth memory orders, a key component of AI accelerators. However, in recent months, Samsung has narrowed the gap with its rival.Samsung Electronics shares closed up 6.44%, hitting a record high.February 12th - In a report, Nick Rees, head of macro research at Monex, stated that the strong US jobs data for January should "eliminate market bets on a March rate cut" for the Federal Reserve. However, Monex still expects the Fed to resume rate cuts in June. Rees said, "But for now, the market is still digesting this solid jobs data, and expectations for a rate cut have naturally decreased accordingly."February 12, 2026 (Futures News) – As of February 12, 2026, apple production areas have largely completed their Spring Festival stockpiling, cold storage merchants are gradually leaving, and most cold storage facilities are shut down for the holiday. The focus of apple trading is shifting to sales markets. Currently, apple sales are at a moderate pace, with slight improvement in gift box sales, but overall, there has been little change.

Crown Resorts in Australia Will Face Disciplinary Action

Charlie Brooks

Apr 06, 2022 09:50

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Crown stated in a statement on Wednesday that it would cooperate completely with the VGCCC on the findings of the royal commission report.


Crown's shares fell 0.5 percent in early trade.


According to the Royal Commission into Casino Operators and Licensing (RCCOL), the China Union Pay process involved the use of the China Union Pay bank card from 2012 to 2016 to "allow international patrons to access funds in order to gamble at Crown Melbourne," circumventing Chinese currency restrictions.


The RCCOL discovered that "Chinese clients were aided in moving up to A$160 million in money unlawfully."


"As a starting step, we are acting on the Royal Commission's conclusions that Crown's China Union Pay scheme violated critical Victorian regulatory requirements, was unlawful, and represented significant misconduct," VGCCC Chair Fran Thorn stated, indicating that more action would follow.


Crown was found ineligible to maintain a gaming license in Melbourne in October, but was permitted to operate its highest-earning casino under monitoring.


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