Ukrainian President Zelenskyy has nominated First Deputy Prime Minister Fyodorov as the new defense minister, while former Defense Minister Shmyhal will assume another government position.
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Mainland Chinese investors net bought HK$62.9 billion in Hong Kong stocks through Stock Connect in July, the second consecutive month of net buying, to avoid the volatility in AI-related stocks.
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China's stock market saw new A-share accounts drop 7% in July to 2.66 million, with margin trading also slowing, amid a global tech sell-off
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Ronald Keung, head of Asia internet research at Goldman Sachs, expects competition among Chinese AI developers to intensify in balancing performance and cost.
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Mitsubishi UBE Cement reportedly plans Tokyo listing in December
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