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On April 24, 2026, DeepSeekV4-Pro and DeepSeekV4-Flash were officially released and open-sourced. Ascend has always supported the DeepSeek series models, and this time, through close collaboration of core technologies from both companies, Ascends entire supernode product line now supports DeepSeekV4 models. The Ascend 950 significantly improves inference performance by reducing attention computation and memory access overhead through the integration of kernel and multi-stream parallel technology. Combined with various quantization algorithms, it achieves high-throughput, low-latency DeepSeekV4 model inference deployment. The Ascend A3 supernode series products are also fully compatible, and a training reference implementation based on the Ascend A3 supernode is provided to facilitate quick fine-tuning by users.According to the Telegraph, Trump threatened Starmer with “high tariffs” over the technology tax issue.April 24 – According to Al Jazeera, Kenneth Katzman, a former Iran analyst at the Congressional Research Service in Washington, D.C., stated that while Iran has no new oil exports due to the U.S. blockade of Iranian ports, Tehran currently has 160 to 170 million barrels of oil "floating at sea" on ships around the world. Katzman said, "I learned from an Iranian professor that based on these inventories, despite the U.S. maritime blockade, Tehran could still have a revenue stream until August. Theres still a long time until August. Can Trump hold out until August? Probably not. So he may have to consider drastic escalation to get the results he wants, otherwise he will have to accept an agreement that is not as good as he envisioned."On April 24th, major Hong Kong stock indices opened lower but rallied, with the Hang Seng Tech Index rebounding and turning positive near the midday close. At midday, the Hang Seng Index was down 0.2%, while the Hang Seng Tech Index was up 0.34%. Some heavyweight tech stocks that had been declining recovered, with Baidu (09888.HK) surging over 2% at one point, Alibaba (09988.HK) also closing higher, and Tencent Holdings (00700.HK), Xiaomi Group (01810.HK), and JD.com (09618.HK) all falling within 1%. Semiconductor stocks saw significant gains, led by Hua Hong Semiconductor (01347.HK), while oil stocks, brain-computer interface concept stocks, and robotics concept stocks also rose.Bank of England Deputy Governor Briden: The stock market is currently too high and is expected to fall.

Fears of Stagflation Caused by Tightening Policies Increase As Asian Stocks Fluctuate

Haiden Holmes

Jun 15, 2022 11:11

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Asia-Pacific stocks were mixed this morning, Wednesday. Ahead of a U.S. Federal Reserve meeting that is likely to provide strong tightening decisions, U.S. share markets continued to decline.


Nikkei 225 dropped 0.67 percent at 10:49 PM ET (2:49 AM GMT).


The KOSPI decreased by 1.21 percent.


Australia's ASX 200 index declined 0.38 percent.


Hong Kong's Hang Seng gained 1.14 percent .


Shenzhen Component rose 0.49 percent and Shanghai Composite rose 0.90 percent.


China's industrial output climbed by 0.7% year-over-year in May, according to statistics released on Wednesday, which was marginally higher than market estimates. In April, a decrease of 2.9% was seen, whereas Investing.com had expected a decrease of 0.7%.


Nonetheless, as Beijing saw clusters of COVID-19 breakouts, the city's officials warned on Tuesday that the city was in a "race against time," heightening concerns that the reinstatement of harsh restrictions might harm the city's economy and global supply chain.


The S&P 500 finished down for the fifth consecutive day due to concerns that Fed measures to tighten monetary policy to calm raging inflation might lead to stagflation.


Investors are now betting on aggressive interest rate rises, such as 75 basis points from the Fed, which would be the largest increase since 1004


Steve Englander, director of global G10 FX research at Standard Chartered Bank, wrote in a note, "Inflation is front and center in the headlines and asset markets, and few are voicing worry about over tightening the monetary policy."

After their greatest decline in decades, Treasuries stabilized. Two-year rates recovered after reaching a level not seen since 2007, while 10-year yields retreated from around 3.5 percent.


Barbara Ann Bernard, chief investment officer of Wincrest Capital Ltd., told Bloomberg, "The sooner they are explicit about how rapidly they would increase interest rates and what amount of inflation they consider acceptable, the sooner the markets will settle down."


The Bank of England will announce its policy decision on Thursday, while the Bank of Japan will announce its decision on Friday.


Bitcoin's value on the cryptocurrency market steadied at $22,000.


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