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Bitcoin drops below $80,000, impacted by tech stock jitters sparked by Samsung and a hawkish Federal Reserve, leading to $356 million in crypto futures liquidations.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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The Financial Times (FT) reports that China's artificial intelligence (AI) bubble has burst.
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Japanese investment groups The Nexroc Group and SVCV plan to acquire up to half of South Korean entertainment company JY
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Tang Yu-hsien, Head of Asia Rates and FX Strategy at JPMorgan Private Bank, stated in an interview that after the recent sell-off, gold still faces further downside risks due to persistently thin liquidity and room for interest rates to rise.
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Remy Cointreau's second-quarter sales exceeded expectations, driven by a rebound in cognac demand in Asia, particularly strong performance in the Chinese market.
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