Hong Kong Stocks Extend Decline as Investors Await US Inflation Data and Debt-Ceiling Progress

Hong Kong Stocks Extend Decline as Investors Await US Inflation Data and Debt-Ceiling Progress

Hong Kong stocks declined for a second consecutive day as investors awaited US inflation data and progress on debt-ceiling talks, dampening market sentiment. State-owned Chinese lenders, including Bank of China and ICBC, were among the major losers as traders engaged in profit-taking activities. According to Bloomberg, US consumer prices are expected to rise by 5…

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Samsung's

Samsung’s Next Galaxy Watch Could Bring Back the ‘Classic’ Rotating Bezel

According to recent leaks, Samsung may be reintroducing the iconic ‘Classic’ rotating bezel in its upcoming Galaxy Watch 6. Reliable leaker OnLeaks has provided renders of the smartwatch to MySmartPrice, suggesting that Samsung’s next iteration will feature a design reminiscent of the Galaxy Watch 4 Classic, the most recent model in the “Classic” series. The…

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Debt ceiling: Washington grapples with 'hard choices' if no deal is in place by June 1

Debt ceiling: Washington grapples with ‘hard choices’ if no deal is in place by June 1

Washington is currently facing the challenge of reaching a debt-ceiling deal before the approaching deadline of June 1. The potential consequences of a failure to reach an agreement are being actively discussed and debated. The immediate economic impact of a true default, which would be a first in American history, remains uncertain. Negotiators are still…

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China Imposes Ban on Micron's Products in Key Infrastructure, Citing Security Risks

China Imposes Ban on Micron’s Products in Key Infrastructure, Citing Security Risks

China has imposed a ban on Micron’s products in key infrastructure, citing security risks. The move marks the country’s first major action against an American semiconductor group. The Cyberspace Administration of China (CAC) announced on Sunday that Micron, the largest US memory chip maker, posed significant security risks to China’s critical information infrastructure supply chain….

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