[2026-07-24 05:24 UTC+10:00] [Business / Markets] [Factuality: 100]

Source: The Age

Title: ASX set to slump as oil surges over $US100, Tesla and Alphabet tumble

Snippet: Brent oil shot to its highest price since May as increased fighting in the Middle East threatens to slow the global flow of crude. At the same time, sharp drops for two of Wall Street’s most influential companies, Alphabet and Tesla, yanked the US stock market lower.

Read full article: https://www.theage.com.au/business/markets/asx-set-to-slump-as-oil-surges-over-us100-tesla-and-alphabet-tumble-20260724-p60i4o.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-07-24 03:26 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: Japan shipbuilding sector draws influx of investors seeking hidden gems

Snippet: Japan aims to double its annual shipbuilding output by 2035. (Photo obtained by Nikkei)

Read full article: https://asia.nikkei.com/business/markets/equities/japan-shipbuilding-sector-draws-influx-of-investors-seeking-hidden-gems

[2026-07-24 02:50 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Energy Department Issues Emergency Order As Hot Weather Conditions Threaten Blackouts

Snippet: The Department of Energy (DOE) issued an emergency order authorizing Southwest Power Pool Inc. to use certain energy resources to reduce the risk of potential blackouts, according to a July 21 statement from the department.

Read full article: https://www.zerohedge.com/markets/energy-department-issues-emergency-order-hot-weather-conditions-threaten-blackouts

[2026-07-24 02:14 UTC+10:00] [General] [Factuality: 100]

Source: RT News

Title: EU squeezes another $1 billion out of Google

Snippet: EU regulators have fined Google €890 million ($1 billion) for anti-competitive practices, days after the European Commission confirmed that it will use another €4.6 billion fine against the US tech giant to plug its budget deficit.Two fines were handed down on Thursday by the European Commission. Google was fined €460 million for prioritizing its own services – such as shopping and travel deals – over those of rival companies in search results, in violation of the EU’s Digital Markets Act.

Read full article: https://www.rt.com/news/643393-google-eu-fine-billion/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

[2026-07-24 02:14 UTC+10:00] [General] [Factuality: 100]

Source: RT News

Title: EU squeezes another $1 billion out of Google

Snippet: EU regulators have fined Google €890 million ($1 billion) for anti-competitive practices, days after the European Commission confirmed that it will use another €4.6 billion fine against the US tech giant to plug its budget deficit.Two fines were handed down on Thursday by the European Commission. Google was fined €460 million for prioritizing its own services – such as shopping and travel deals – over those of rival companies in search results, in violation of the EU’s Digital Markets Act.

Read full article: https://www.rt.com/news/643393-google-eu-fine-billion/

[2026-07-24 02:10 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater

Snippet: SpaceX's Tuesday rebound was short-lived, with shares sliding to a new low of $110.85 late Thursday morning and extending their brutal post-IPO selloff.

Read full article: https://www.zerohedge.com/markets/spacex-meltdown-vaporizes-1-trillion-market-cap-stock-bonds-crater

[2026-07-24 01:10 UTC+10:00] [General] [Factuality: 90]

Source: Zero Hedge

Title: "Closing Time" On The AI Bubble Is Sooner Than Most Think; Ed Dowd Warns Iran War Brings Global Recession Closer

Snippet: Via Greg Hunter’s USAWatchdog.com,

Read full article: https://www.zerohedge.com/markets/closing-time-ai-bubble-sooner-most-think-ed-dowd-warns-iran-war-brings-global-recession

[2026-07-24 00:56 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: UAE banks report strong financial results despite Iran war uncertainty | The National

Snippet: UAE lenders reported strong second-quarter financial results on Thursday as the country’s economy remained resilient despite uncertainties driven by the Iran war.

Read full article: https://www.thenationalnews.com/business/banking/2026/07/23/uae-banks-report-strong-financial-results-despite-iran-war-uncertainty/

[2026-07-23 23:33 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Oil hits $100 for the first time since May after Houthi attacks on Saudi ships in Red Sea | The National

Snippet: Oil prices topped the $100 per barrel mark on Thursday after Yemen’s Houthi rebels struck Saudi oil tankers in the Red Sea, , worsening oil supply disruption and widening the regional conflict that threatens global trade and energy supply across markets.

Read full article: https://www.thenationalnews.com/business/energy/2026/07/23/oil-hits-100-for-the-first-time-since-may-after-houthi-attacks-on-saudi-ships-in-red-sea/

[2026-07-23 23:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Shanghai to launch ‘choke point’ tech funds, relax pre-profit listing rules in key sectors

Snippet: The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market

Read full article: https://www.scmp.com/economy/china-economy/article/3361618/shanghai-launch-choke-point-tech-funds-relax-pre-profit-listing-rules-key-sectors?utm_source=rss_feed

[2026-07-23 23:00 UTC+10:00] [United States] [Factuality: 100]

Source: South China Morning Post

Title: Shanghai to launch ‘choke point’ tech funds, relax pre-profit listing rules in key sectors

Snippet: The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market

Read full article: https://www.scmp.com/economy/china-economy/article/3361618/shanghai-launch-choke-point-tech-funds-relax-pre-profit-listing-rules-key-sectors

[2026-07-23 22:30 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'

Snippet: The European Central Bank kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East.

Read full article: https://www.zerohedge.com/markets/ecb-keeps-rates-unchanged-expected-warns-full-energy-inflationary-shock-yet-come

[2026-07-23 22:16 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: European Central Bank leaves interest rates unchanged with energy prices increasingly volatile

Snippet: The Euro sculpture stands in front of the former headquarters of the European Central Bank (ECB) in Frankfurt, Germany, May 23, 2023. (AP Photo/Michael Probst, File)

Read full article: https://apnews.com/article/europe-economy-tariff-iran-energy-b89a1bcf29374108fb0f15621e33c788

[2026-07-23 22:05 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Futures Slide After Google Earnings, Oil & Bond Yields Jump On Houthi Escalation

Snippet: US equity futures are lower as WTI breaches $90/bbl and Brent approaches $100/bbl (Houthi escalation in the Red Sea as two Saudi tankers were struck), pushing bond yields higher with longer-dated yields seen making new highs, globally. But, Alphabet's underwhelming results - while dragging down Mag7 names - are boosting Semis / AI (CapEx spend) which may mean the market is returning to its barbell of longs in AI / Semis plus Energy versus shorts in Rate-sensitives.

Read full article: https://www.zerohedge.com/markets/furtures-slide-after-google-earnings-oil-bond-yields-jump-houthi-escalation

[2026-07-23 22:00 UTC+10:00] [General] [Factuality: 90]

Source: South China Morning Post

Title: On tariffs, China and US ask industry a US$30 billion question

Snippet: As President Xi and President Trump prepare for an expected summit, trade officials are weighing public input on reciprocal duty cuts

Read full article: https://www.scmp.com/economy/global-economy/article/3361623/tariffs-china-and-us-ask-industry-us30-billion-question?utm_source=rss_feed

[2026-07-23 22:00 UTC+10:00] [General] [Factuality: 90]

Source: South China Morning Post

Title: On tariffs, China and US ask industry a US$30 billion question

Snippet: As President Xi and President Trump prepare for an expected summit, trade officials are weighing public input on reciprocal duty cuts

Read full article: https://www.scmp.com/economy/global-economy/article/3361623/tariffs-china-and-us-ask-industry-us30-billion-question

[2026-07-23 21:59 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Mubadala Capital puts private markets fund on blockchain in Coinbase deal | The National

Snippet: Mubadala Capital, the asset management arm of Abu Dhabi's $385 billion sovereign wealth fund, has teamed up with Coinbase and Abu Dhabi-based FinTech firm Kaio to put one of its private market investment funds on the blockchain.

Read full article: https://www.thenationalnews.com/business/2026/07/23/mubadala-capital-puts-private-markets-fund-on-blockchain-in-coinbase-deal/

[2026-07-23 21:45 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround

Snippet: Nestlé shares in Switzerland tumbled the most in 24 years after North American sales volumes unexpectedly contracted, undercutting investor confidence in CEO Philipp Navratil's turnaround efforts.

Read full article: https://www.zerohedge.com/markets/nestle-shares-plunge-most-dot-com-bust-weak-volume-shatter-high-hopes-turnaround

[2026-07-23 21:21 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Herzog & de Meuron makes second donation to Hong Kong’s M+ museum

Snippet: Global architecture firm donates more than 200 archival items to art museum, which it designed, with exhibition slated for early September

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3361619/herzog-de-meuron-makes-second-donation-hong-kongs-m-museum?utm_source=rss_feed

[2026-07-23 21:21 UTC+10:00] [Ai Weiwei] [Factuality: 100]

Source: South China Morning Post

Title: Herzog & de Meuron makes second donation to Hong Kong’s M+ museum

Snippet: Global architecture firm donates more than 200 archival items to art museum, which it designed, with exhibition slated for early September

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3361619/herzog-de-meuron-makes-second-donation-hong-kongs-m-museum

[2026-07-23 21:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Removing Chinese telecoms gear in EU to cost far more than official estimates: report

Snippet: GSMA Intelligence says move will cost up to US$46 billion, roughly 3 times as much as European Commission has suggested

Read full article: https://www.scmp.com/economy/china-economy/article/3361608/removing-chinese-telecoms-gear-eu-cost-far-more-official-estimates-report?utm_source=rss_feed

[2026-07-23 21:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Removing Chinese telecoms gear in EU to exceed official cost estimates: report

Snippet: GSMA Intelligence says move will cost up to US$46 billion, roughly 3 times as much as European Commission has suggested

Read full article: https://www.scmp.com/economy/china-economy/article/3361608/removing-chinese-telecoms-gear-eu-cost-far-more-official-estimates-report

[2026-07-23 20:48 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong Disneyland rolls out afternoon tickets, extra cooling to beat the heat

Snippet: Park offers discounted 4pm entry ticket, installs about 860 fans, portable air conditioners, mist cooling systems and additional shading blinds

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3361611/hong-kong-disneyland-rolls-out-afternoon-tickets-extra-cooling-beat-heat?utm_source=rss_feed

[2026-07-23 20:48 UTC+10:00] [Disneyland] [Factuality: 100]

Source: South China Morning Post

Title: Hong Kong Disneyland rolls out afternoon tickets, extra cooling to beat the heat

Snippet: Park offers discounted 4pm entry ticket, installs about 860 fans, portable air conditioners, mist cooling systems and additional shading blinds

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3361611/hong-kong-disneyland-rolls-out-afternoon-tickets-extra-cooling-beat-heat

[2026-07-23 20:30 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Sheikh Mohammed approves overhaul of statistics system to reflect changing UAE economy | The National

Snippet: Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has approved a national programme aimed at modernising the use of statistics and data in the UAE.

Read full article: https://www.thenationalnews.com/news/uae/2026/07/23/sheikh-mohammed-approves-overhaul-of-statistics-system-to-reflect-changing-uae-economy/

[2026-07-23 20:25 UTC+10:00] [Finance] [Factuality: 100]

Source: Asia Times

Title: Yen, won flashing a currency risk markets haven’t priced

Snippet: Keep independent journalism alive

Read full article: https://asiatimes.com/2026/07/yen-won-flashing-a-currency-risk-markets-havent-priced/

[2026-07-23 20:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s tech firms turn the global AI boom into opportunity amid fierce rivalry at home

Snippet: China’s AI model developers, optical-module makers and warehouse-robot suppliers are taking different routes to reach global markets

Read full article: https://www.scmp.com/tech/tech-trends/article/3361596/chinas-tech-firms-turn-global-ai-boom-opportunity-amid-fierce-rivalry-home?utm_source=rss_feed

[2026-07-23 20:00 UTC+10:00] [Hong Kong] [Factuality: 100]

Source: South China Morning Post

Title: China’s tech firms turn the global AI boom into opportunity amid fierce rivalry at home

Snippet: China’s AI model developers, optical-module makers and warehouse-robot suppliers are taking different routes to reach global markets

Read full article: https://www.scmp.com/tech/tech-trends/article/3361596/chinas-tech-firms-turn-global-ai-boom-opportunity-amid-fierce-rivalry-home

[2026-07-23 19:54 UTC+10:00] [General] [Factuality: 100]

Source: CNBC

Title: Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here's why

Snippet: Ukraine has ratcheted up its attacks on Russia's Amazon-style retail giant Wildberries, signaling a new phase in the war as Kyiv seeks to inflict fresh pain on the Russian economy.

Read full article: https://www.cnbc.com/2026/07/23/ukraine-russia-war-wildberries-drones-amazon.html

[2026-07-23 19:12 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: Asia braces for new US tariffs as global 10% levy expires

Snippet: Importers have been rushing goods into the United States as they prepare for more tariff uncertainty. © Reuters

Read full article: https://asia.nikkei.com/economy/trade-war/trump-tariffs/asia-braces-for-new-us-tariffs-as-global-10-levy-expires

[2026-07-23 19:03 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Port of Shanghai targets Singapore, London in maritime push from busiest to best

Snippet: World’s busiest container hub is taking strides to challenge global rivals across the shipping ecosystem as Shanghai eyes high-value services

Read full article: https://www.scmp.com/economy/china-economy/article/3361587/port-shanghai-targets-singapore-london-maritime-push-busiest-best?utm_source=rss_feed

[2026-07-23 19:03 UTC+10:00] [Shanghai] [Factuality: 100]

Source: South China Morning Post

Title: Port of Shanghai targets Singapore, London in maritime push from busiest to best

Snippet: World’s busiest container hub is taking strides to challenge global rivals across the shipping ecosystem as Shanghai eyes high-value services

Read full article: https://www.scmp.com/economy/china-economy/article/3361587/port-shanghai-targets-singapore-london-maritime-push-busiest-best

[2026-07-23 18:30 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: AI trade keeps capital – and risks – flowing to emerging markets

Snippet: Investors nervous about the dominance of South Korean and Taiwanese chipmakers can’t afford to ignore them

Read full article: https://www.scmp.com/opinion/asia-opinion/article/3361547/ai-trade-keeps-capital-and-risks-flowing-emerging-markets?utm_source=rss_feed

[2026-07-23 18:30 UTC+10:00] [JPMorgan] [Factuality: 100]

Source: South China Morning Post

Title: AI trade keeps capital – and risks – flowing to emerging markets

Snippet: Investors nervous about the dominance of South Korean and Taiwanese chipmakers can’t afford to ignore them

Read full article: https://www.scmp.com/opinion/asia-opinion/article/3361547/ai-trade-keeps-capital-and-risks-flowing-emerging-markets

[2026-07-23 18:17 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: Trump teleprompter operator accused of placing insider bets on presidential speech scripts

Snippet: US President Donald Trump’s longtime teleprompter operator is under investigation for potential insider trading on Trump’s speeches through online prediction markets, the White House said last Thursday.

Read full article: https://www.jpost.com/international/article-903398

[2026-07-23 17:40 UTC+10:00] [General] [Factuality: 100]

Source: South Korea

Title: S. Korean won advances on better-than-expected Q2 growth

Snippet: SEOUL, July 23 (Yonhap) -- The South Korean won strengthened to a more than two-month high against the U.S. dollar Thursday, as the nation's economy reported better-than-expected growth in the second quarter on firmer exports of semiconductors.

Read full article: https://en.yna.co.kr/view/AEN20260723009200320

[2026-07-23 17:17 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: Hong Kong's trophy offices surge as financial firms fuel uneven recovery

Snippet: Two IFC in Central towers over other buildings on Hong Kong's skyline. Demand for premium offices in the business district recovered in the first half of 2026. (Photo by Anne Chan)

Read full article: https://asia.nikkei.com/business/markets/property/hong-kong-s-trophy-offices-surge-as-financial-firms-fuel-uneven-recovery

[2026-07-23 17:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s durian imports from Thailand and Malaysia soar as glut pressures growers

Snippet: Chinese imports of the pungent fruit have increased by 47 per cent in the first half of 2026, prompting a sharp decline in prices

Read full article: https://www.scmp.com/economy/global-economy/article/3361299/chinas-durian-imports-thailand-and-malaysia-soar-glut-pressures-growers?utm_source=rss_feed

[2026-07-23 17:00 UTC+10:00] [Nguyen Thanh Trung] [Factuality: 100]

Source: South China Morning Post

Title: China’s durian imports from Thailand and Malaysia soar as glut pressures growers

Snippet: Chinese imports of the pungent fruit have increased by 47 per cent in the first half of 2026, prompting a sharp decline in prices

Read full article: https://www.scmp.com/economy/global-economy/article/3361299/chinas-durian-imports-thailand-and-malaysia-soar-glut-pressures-growers

[2026-07-23 17:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: AI poses many risks, but is government regulation the best tool to tackle them? | The National

Snippet: A petition launched last week by economists regarding artificial intelligence’s transformative effect on the economy has secured the support of a glittering list of the profession’s heavyweights. The core demand is that policymakers must immediately intervene to protect society from the potential ill effects of AI.

Read full article: https://www.thenationalnews.com/opinion/comment/2026/07/23/ai-artificial-intelligence-government-regulation-technology-economy/

[2026-07-23 16:07 UTC+10:00] [All News] [Factuality: 100]

Source: The Korea Herald

Title: S. Korea urges stronger ASEAN+3 supply chain cooperation, seeks support for Korean Peninsula peace

Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.

Read full article: https://www.koreaherald.com/article/10818026

[2026-07-23 16:06 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Oil rises above $96 per barrel after Houthi attacks on Saudi ships in Red Sea | The National

Snippet: Oil prices continued the march towards the $100 per barrel mark on Thursday after Yemen’s Houthi rebels struck Saudi oil tankers in the Red Sea, widening the regional conflict that threatens global trade and energy supply across markets.

Read full article: https://www.thenationalnews.com/business/energy/2026/07/23/oil-rises-above-96-per-barrel-after-houthi-attacks-on-saudi-ships-in-red-sea/

[2026-07-23 15:28 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: Australian tungsten miner gets billionaire backing as prices soar

Snippet: Prices of tungsten, which has a vast range of industrial uses, have surged since last year. (Nikkei montage/Source photos by Reuters)

Read full article: https://asia.nikkei.com/business/markets/commodities/australian-tungsten-miner-gets-billionaire-backing-as-prices-soar

[2026-07-23 15:25 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: Share prices mostly gain as Brent crude inches toward $100 a barrel

Snippet: People walk in front of an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Wednesday, July 15, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

Read full article: https://apnews.com/article/stocks-markets-iran-trump-ai-inflation-45b9165d6c518f5bea668b6ba7a89838

[2026-07-23 15:07 UTC+10:00] [All News] [Factuality: 100]

Source: The Korea Herald

Title: BTS' V raises a glass for Jinro's global push

Snippet: HiteJinro said Thursday it had launched its first global campaign for Jinro featuring BTS member V as the brand's global ambassador, as it steps up efforts to expand the world's bestselling soju brand in overseas markets.

Read full article: https://www.koreaherald.com/article/10817900

[2026-07-23 14:52 UTC+10:00] [General] [Factuality: 100]

Source: South Korea

Title: (News Focus) Sharper-than-expected Q2 growth fuels expectations for another rate hike

Snippet: SEOUL, July 23 (Yonhap) -- As better-than-expected second-quarter growth puts the South Korean economy on track for annual growth of 3 percent or more this year, expectations are growing that the Bank of Korea (BOK) could raise the benchmark interest rate again at its next monetary policy meeting.

Read full article: https://en.yna.co.kr/view/AEN20260723005900320

[2026-07-23 14:30 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China Unicom launches new Hong Kong-Cambodia cable link as mainland firms leverage city

Snippet: The project ties a high-speed data and information corridor running through Southeast Asia with Hong Kong

Read full article: https://www.scmp.com/economy/global-economy/article/3361545/china-unicom-launches-new-hong-kong-cambodia-cable-link-mainland-firms-leverage-city?utm_source=rss_feed

[2026-07-23 14:30 UTC+10:00] [undersea cables] [Factuality: 100]

Source: South China Morning Post

Title: China Unicom launches new Hong Kong-Cambodia cable link as mainland firms leverage city

Snippet: The project ties a high-speed data and information corridor running through Southeast Asia with Hong Kong

Read full article: https://www.scmp.com/economy/global-economy/article/3361545/china-unicom-launches-new-hong-kong-cambodia-cable-link-mainland-firms-leverage-city

[2026-07-23 14:08 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s star fund manager dumps long-held consumer bets in pivot to AI trade

Snippet: Zhang Kun cuts US$3.1 billion fund’s holdings in baijiu and e-commerce as ‘downside pressure on the economy has exceeded expectations’

Read full article: https://www.scmp.com/business/china-business/article/3361544/chinas-star-fund-manager-dumps-long-held-consumer-bets-pivot-ai-trade?utm_source=rss_feed

[2026-07-23 14:08 UTC+10:00] [China stocks] [Factuality: 100]

Source: South China Morning Post

Title: China’s star fund manager dumps long-held consumer bets in pivot to AI trade

Snippet: Zhang Kun cuts US$3.1 billion fund’s holdings in baijiu and e-commerce as ‘downside pressure on the economy has exceeded expectations’

Read full article: https://www.scmp.com/business/china-business/article/3361544/chinas-star-fund-manager-dumps-long-held-consumer-bets-pivot-ai-trade