Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
Alibaba would stop selling cryptocurrencies and cryptocurrency mining gear on its platform due to China's ban on cryptocurrency trading and mining.
To apply China's ban, Alibaba will terminate two of its product categories, Blockchain Miners and Blockchain Miner Accessories.
The ban, which is slated on October 8, may affect retail sales all across Asia due the presence of its subsidiaries, Aliexpress and Lazada, throughout the continent.
To ensure the implementation of the new policy, Alibaba would penalize the sale of these articles on its platforms.
The penalties would include the removal or deletion of the listed products, deduction of points, website function restrictions, and account closures.
