TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Chinese search giant Baidu will begin manufacturing electric vehicles and has tapped China's largest privately-owned carmaker Geely to invest as a strategic partner.
The said move is the latest by a tech company to venture into the electric vehicle industry.
Baidu will form a new company that would use its artificial intelligence capabilities and mapping systems and Geely's electric vehicle modular platform.
The new car company, which will operate as an independent subsidiary, will focus on passenger vehicles.
Meanwhile, Geely said been trying to transform from a car manufacturer to "a tech company" focused on "intelligent, electric transport."
Reports of a team-up with Baidu pushed shares in Geely, which owns Volvo, by nearly 20 percent on Friday, which is its best since November 2008.
