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Pinterest finance chief Julia Donnelly to step down in October

Honda, Nissan to reach deal on joint development of vehicle software, Nikkei Asia reports

Canada to loan quantum startup Xanadu $140 million to build manufacturing plant

Stablecoins not a credible means of payment at scale, BIS chief says

Trump signs order to create a US Space Academy

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LatAm assets slide after Trump says Iran deal ‘over’

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Markets

Bezos’ Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports

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PBOC pledges to maintain accommodative policy amid weak demand, external shocks

The economy was facing a mismatch between strong supply and weak demand

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China’s central bank pledges to maintain accommodative policy amid weak demand, external shocks

The economy was facing a mismatch between strong supply and weak demand

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Markets

Bitcoin weakens as Trump’s remarks raise fresh Iran war concerns

The largest cryptocurrency fell more than 3% to around US$61,691 on Wednesday

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Markets

Dollar steady around one-week high after Trump says Iran MOU ‘over’

The US dollar was broadly steady at its highest level in roughly a week on Wednesday (Jul 8) after US President...

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Markets

US dollar steady around 1-week high after Trump says Iran MOU ‘over’

The greenback as broadly steady at its highest level in roughly a week on Wednesday (Jul 8) after US President Donald...

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HSBC drops ‘overweight’ call on EM equities on AI spending fears

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China warns of ‘security backdoor’ in Anthropic AI coding tool

The alleged backdoor could allow the software to "transmit sensitive information", including users' locations and identity-related identifiers, back to Anthropic's servers without users' consent.

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Allianz to cut up to 1,800 jobs due to increasing AI use

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