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GSR Ventures Management Co. is seeking investors for a new fund that could raise about $350 million for China venture capital investments, according to people familiar with the matter. GSR is marketing its stake in social media platform Xiaohongshu,

2026-05-26

GSR Ventures Management Co. is seeking investors for a new fund that could raise about $350 million for China venture capital investments, according to people familiar with the matter. GSR is marketing its stake in social media platform Xiaohongshu, also known as RedNote, as a key attraction for investors, with potential exposure to existing RedNote shares through the firm’s current fund. The people said Xiaohongshu is valued at about $50 billion in the existing fund, up from $31 billion in a secondary transaction in the first half of 2025.

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2026-05-26

U.S. State Department: U.S. Secretary of State Marco Rubio held a telephone conversation with Russian Foreign Minister Sergey Lavrov.

U.S. State Department: U.S. Secretary of State Marco Rubio held a telephone conversation with Russian Foreign Minister Sergey Lavrov.
2026-05-26

Bonus agreements at Samsung Electronics Co. and SK Hynix Inc. risk turning South Korea’s AI-driven chip boom into a source of inflation and housing-market pressure, according to media. Economist Hyosung Kwon said chip-sector bonuses are increasingly

Bonus agreements at Samsung Electronics Co. and SK Hynix Inc. risk turning South Korea’s AI-driven chip boom into a source of inflation and housing-market pressure, according to media. Economist Hyosung Kwon said chip-sector bonuses are increasingly feeding into household liquidity, asset prices and wage growth, adding to financial stability and inflation risks for the Bank of Korea. Kwon said the trend supports the case for a hawkish shift in the third quarter and leaves room for at least 100 basis points of tightening by the first half of 2027.
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