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Tang Daosheng, group senior executive vice president and CEO of Tencent’s Cloud and Smart Industries Group, wrote in an internal publication addressing claims Tencent has tagged on AI. He said it is impossible not to be anxious, that the HunYuan larg

2026-08-26

Tang Daosheng, group senior executive vice president and CEO of Tencent’s Cloud and Smart Industries Group, wrote in an internal publication addressing claims Tencent has tagged on AI. He said it is impossible not to be anxious, that the HunYuan large model has undergone multiple reconstructions and HunYuan Hy3 performs strongly among models with comparable parameter counts, but warned the The company’s overall compute capacity is severely insufficient, slowing model training and product development and causing material impact. He added the AI second half is only beginning and that sustained effort is required to capture recurring new opportunities.

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2026-08-26

Iran's foreign minister said the proposed new Strait of Hormuz corridor, joint sea-mine clearance and a future management framework constitute a typical example.

Iran's foreign minister said the proposed new Strait of Hormuz corridor, joint sea-mine clearance and a future management framework constitute a typical example.
2026-08-25

1. For investors: Higher JGB yields → increased investment value → ETF inflows. 2. For the Japanese government: Higher JGB yields → increased interest expenses → increased debt servicing costs in fiscal year 2027. 3. For the yen: Higher yields on J

1. For investors: Higher JGB yields → increased investment value → ETF inflows. 2. For the Japanese government: Higher JGB yields → increased interest expenses → increased debt servicing costs in fiscal year 2027. 3. For the yen: Higher yields on Japanese assets → theoretically positive for the yen, but fiscal risks and exchange rate hedging will offset some of the impact. 4. For US Treasuries: Slightly negative; the opportunity cost of Japanese capital repatriation decreases, potentially reducing some overseas bond allocations. 5. For the global bond market: A cause for concern; Japan is no longer a "zero-interest-rate pool," and the pricing logic of global bond markets is changing.
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