Asian stocks stall as China tech dips before Powell speech

Reading Time : 2 minutesAsian stocks stalled after recent gains, with Chinese tech shares leading declines ahead of Jerome Powell’s speech. Investors paused as inflation worries and uncertainty over U.S. rate cuts weighed on sentiment. With valuations under pressure and regulatory risks looming, the coming days may set the tone for regional markets.

Giant inflatables set to parade across Hong Kong’s harbour

Reading Time : 2 minutesHong Kong’s Victoria Harbour will host a spectacular floating parade featuring giant inflatables of Doraemon, Snoopy, Elmo, Grimace, and Labubu. Running from October 25 to November 1, with the main parade on November 1, the event blends pop culture icons with the city’s skyline to create an unforgettable cultural tourism experience.

Oracle and OpenAI Cloud Deal Rumor Debunked

Reading Time : 2 minutesA recent headline suggested Oracle and OpenAI had signed a record cloud deal, but no such partnership has been confirmed. OpenAI remains tied closely to Microsoft Azure. Oracle has growing AI ambitions with partners like NVIDIA and Cohere, yet no credible evidence supports a deal with OpenAI. Let’s unpack what’s real.

SEC fast-tracks crypto ETFs; DOGE, XRP launch; CME adds options

Reading Time : 2 minutesIt’s been a pivotal week for crypto markets. On September 17, the SEC approved generic listing standards enabling faster exchange listings for commodity-based ETPs, including those holding digital assets. A day later, REX-Osprey launched the first U.S. spot ETFs for Dogecoin (DOJE) and XRP (XRPR). CME Group will add options on Solana and XRP futures on October 13, pending review.

Wall Street Titans Forecast Gold’s Rise Toward $5000

Reading Time : 2 minutesWall Street’s leading investors are predicting gold could soar to $5000 as economic uncertainty, rising debt, and geopolitical tensions strengthen its appeal. With central banks expanding reserves and investor confidence in fiat currencies waning, gold is regaining strategic importance. Optimists see structural demand ahead, while skeptics warn of overreliance on extreme scenarios.

China enters UN innovation top 10 as Germany slips out

Reading Time : 2 minutesChina has entered the UN’s Global Innovation Index top 10 for the first time, pushing Germany out of the ranking. While Switzerland, Sweden, and the US hold the lead, China’s surge in patents and R&D spending signals a major shift in global innovation power. Meanwhile, global research growth has slowed to its weakest pace in years.

Quantum Motion builds quantum computer on standard chips

Reading Time : 2 minutesQuantum Motion has delivered a milestone quantum computer using standard semiconductor chips, breaking away from costly specialized methods. The move could transform scalability and integration with existing electronics. While challenges in error correction and stability remain, this breakthrough signals that practical, scalable quantum computing may be closer to reality than once imagined.

Tesla pivots from EVs to robotics and AI future bets

Reading Time : 2 minutesTesla is moving beyond cars, betting its future on robotics and AI. With EV sales slowing, Elon Musk’s “Master Plan Part 4” puts Optimus humanoid robots and robotaxis at the center of Tesla’s next chapter. The gamble could redefine the company, but challenges in execution and regulation will decide whether the bold vision succeeds.

OpenAI Moves to Cut Microsoft’s Revenue Share to 8%

Reading Time : 2 minutesOpenAI is planning to reduce Microsoft’s share of its revenue from 20% to 8% by the end of the decade, marking a major shift in their partnership. Alongside negotiations on server fees and corporate restructuring, this move could redefine how the two companies share profits and influence the global artificial intelligence market.

Apple’s iPhone Air Launch Garners Mixed Market Reactions

Reading Time : 2 minutesApple’s recent iPhone Air launch sparked varied analyst views, reflecting cautious optimism amid AI feature concerns and pricing challenges. While some see design innovation propelling upgrades, others warn of limited AI impact and valuation pressures. The market response highlights investor unease about Apple’s future upgrade cycles and competition in AI-driven devices.

China’s crypto experiment in Hong Kong faces strict hurdles

Reading Time : 2 minutesHong Kong is positioning itself as China’s crypto testing ground, rolling out new rules for stablecoin issuance. But strict licensing requirements and high compliance costs have cooled early enthusiasm. While the city hopes to rival global hubs, its cautious approach risks slowing momentum, leaving Hong Kong balancing ambition and restraint under Beijing’s watchful eye.

Surgery Across 8,000 km: Rome to Beijing via 5G

Reading Time : 2 minutesA Chinese surgeon in Rome successfully operated on a patient in Beijing using robotic systems connected by 5G and fiber, with only 135 milliseconds of delay. This milestone echoes the Lindbergh Operation of 2001, but with modern technology making it smoother and safer. Remote surgery is stepping closer to everyday medical reality.

Apple gears up to ship 100 million iPhone 17 units

Reading Time : 2 minutesApple is set to unveil the iPhone 17 series on September 10, with production targets of 100 million units this year. The Pro Max is expected to lead sales once again, while a new ultra-thin iPhone 17 Air makes its debut. Despite price hikes, analysts expect Apple’s Pro models to fuel strong growth in a tough economy.