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Why is Z.AI stock surging today?

Welcome back to Asia Tech Review, your curated digest to keep up to date with tech news across Asia.

Finance

Japan’s Mimura: Always prepared to take suitable measures

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the offici…

Finance

Oil: Key driver of UK inflation scenarios – Rabobank

RaboResearch highlights Oil as the dominant input for UK monetary policy. The Bank of England’s central forecast assumes Oil prices fall from $76 to around $71, with inflation peaking near 3.2%, but Brent already trades…

Finance

China: Incremental support and trade risks – TD Securities

TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…

Finance

Coinbase beats much of customer lawsuit over US token sales

Zcash activated its Ironwood upgrade, sealing roughly $1.7 billion in ZEC behind a one-way turnstile after a researcher found a flaw that could have minted counterfeit coins. Here’s everything you need to know. Plus, on…

Finance

Silver rises as softer US inflation weighs on US Dollar

Silver prices advance toward $58.80 per ounce on Thursday, gaining around 1.7% as softer United States inflation data and weaker-than-expected economic growth place pressure on the US Dollar.

Finance

Chinese Yuan: Gradual gains versus US Dollar – Commerzbank

Commerzbank FX & Commodity Analyst Volkmar Baur argues that China’s large trade surplus, driven increasingly by green technology exports, is supporting a stronger Chinese Yuan. The bank expects USD/CNY to remain in a 6.…

Finance

Singapore: Fiscal and FX coordination on policy – DBS

DBS Group Research economist Chua Han Teng analyzes Singapore’s latest SGD900mn fiscal support package and the Monetary Authority of Singapore’s (MAS) calibrated tightening of the Singapore Dollar (SGD) Nominal Effectiv…

Finance

Silver Price Forecast: XAG eyes $60.00 as rebound builds

Silver price advances for the second straight day and hits a three-day high above $59.00mid growing speculation of intervention in the foreign exchange markets, to boost the Yen, and weaken the Greenback. At tht time of…