China's recent regulatory crackdown on its firms is a "wake up call" for its corporate giants — which cannot assume they are untouchable, says the ex-CEO of HKEX.
Xiaomi's sales grew 26% on-month, giving the company a 17.1% share of the total number of smartphones sold globally in June, Counterpoint Research said.
The delta variant, first detected in India last October, has been found in more than 130 countries globally, according to the World Health Organization.
The economy is expected to have added about 845,000 payrolls in July, as America's workforce gradually rebuilds from sharp pandemic-induced job losses.
The moves, on the heels of similar steps from Morgan Stanley and Goldman Sachs, makes it clear that Wall Street's reluctance to deal with crypto is over.
SEB's Sean Yokota says Japanese markets could "suffer the most in this environment" as the country struggles with rising Covid cases and slowing inflation.