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Shares of Zhipu (02513.HK) in Hong Kong surged over 45% at one point during trading, but have since narrowed their gains to 29%. In related news, amidst the backdrop of its overseas competitors' most powerful models being banned globally due to gover

2026-06-15

Shares of Zhipu (02513.HK) in Hong Kong surged over 45% at one point during trading, but have since narrowed their gains to 29%. In related news, amidst the backdrop of its overseas competitors' most powerful models being banned globally due to government regulations, Zhipu announced that its most capable open-source model, GLM-5.2, is fully open-source and will be released next week under the MIT license. This move aims to attract global developers through an open strategy.

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2026-06-15

Former BANK OF JAPAN chief economist Seisaku Kameda said a US‑Iran peace agreement is unlikely to change expectations that the BANK OF JAPAN will deliver two rate hikes this year. With inflation pressure rising, the bank is likely to lift its short‑t

Former BANK OF JAPAN chief economist Seisaku Kameda said a US‑Iran peace agreement is unlikely to change expectations that the BANK OF JAPAN will deliver two rate hikes this year. With inflation pressure rising, the bank is likely to lift its short‑term policy rate from 0.75% to 1.0% at Tuesday’s meeting. Kameda said the April move would have come absent the Middle East war; reopening the Strait of Hormuz could ease some upward pressure on the pace of tightening but would not alter the bank’s intent to raise still‑low real borrowing costs at roughly two hikes per year. He expects a second hike after June, most likely in October or December. Governor UEDA will miss the June meeting for treatment of an infectious hepatic cyst; Deputy Governor Shin'ichi Uchida will lead the post‑meeting press conference and, Kameda said, is likely to reaffirm commitment to further tightening while avoiding explicit timing guidance amid Middle East uncertainty.
2026-06-15

French President Macron: Britain, France, Italy, the Netherlands and other countries are ready to take action in the Strait of Hormuz.

French President Macron: Britain, France, Italy, the Netherlands and other countries are ready to take action in the Strait of Hormuz.
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