Svatantra Microfin, India's second-largest microfinance company, files for a ₹3,000 crore IPO, with ₹1,500 crore in fresh shares and ₹1,500 crore in OFS, as it aims to boost its tier I capital and fuel growth.
Hong Kong raised its 2026 economic growth forecast to 3.5-4.5% after a 4.3% expansion in Q2, driven by strong external trade and resilient domestic demand, with first-half growth reaching 5.1%.
Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, which would eclipse SpaceX and mark the largest-ever initial public offering, driven by surging revenue and demand for its Claude models.
Bullish shares jumped 13% after reporting a 62% year-over-year increase in second-quarter adjusted revenue to $92.6 million and more than tripling adjusted EBITDA, despite a dip in trading volume.
Metaplanet's CEO Simon Gerovich denies selling any of the company's 43,000 BTC holdings, attributing a recent transfer to a routine operation. Despite a $1.4 billion unrealized loss, the company reports a 134% year-over-year revenue increase in the first half of the year.
North Korea's capital Pyongyang shows increased illumination and modernization, attributed to prioritized electricity supply and new developments. The regime's financial boost is linked to lucrative war deals with Russia, earning between $7.7B and $14.4B from munitions sales and troop deployment. Despite this, the majority of the population does not benefit, facing rising food prices and currency devaluation.
The UK economy grew by 0.4% between April and June, driven by the services sector, good weather, and sports fixtures, but slowed from the first quarter's 0.6% expansion amid warnings of a tougher second half.
Prime Minister Andy Burnham's plans to rebalance the UK economy face major hurdles as London and the south-east continue to pull ahead in tech and infrastructure investment, exemplified by the costly Lower Thames Crossing and data centre booms.
Former Chinese Premier Zhu Rongji has died at the age of 97. He served from 1998 to 2003, playing a pivotal role in China's WTO entry, economic reforms, and manufacturing growth.
A US congressional advisory body observed outward confidence in China masking underlying economic anxiety following a July visit to Beijing, Shanghai, and Hangzhou.
Japan's producer price growth slowed to 7.2% year-on-year in July, missing analysts' expectations of 7.4%. Electricity prices drove the increase, while high import costs continued due to a weak yen.
Treasury modelling warns UK economic growth could slump to 0.3% in 2027 if disruption in the Strait of Hormuz continues through late 2026, putting pressure on Prime Minister Andy Burnham ahead of the October Budget.
Foxconn's Q2 net profit surged 35% to NT$59.97 billion ($1.86bn), exceeding estimates, driven by exploding demand for AI servers for data centers, with the company sticking to its 'strong' growth forecast for the year.
Chinese smartphone maker Honor has launched a new handset featuring a motorized robotic camera and embodied AI to enhance video performance and woo mobile filmmakers.
Research by Triodos Bank estimates extreme heat and wildfires across Europe will cost €180 billion in 2026, wiping out a year of economic growth and nearly causing stagnation.
Hong Kong's economic ties with Asean are growing, but experts argue the city must capture high-value services like trade finance and legal contracts rather than just high trade volumes to maximize real profits.
The Asian University Basketball League (AUBL), co-founded by Jay Li Jintian, enters its second year with 12 regional teams, ambitious expansion plans, and a forthcoming women's edition, leveraging Asia's vast basketball fan base.
India's policy thinktank Niti Aayog claims the country is attempting an unprecedented feat: expanding GDP nearly eightfold within a generation while reaching net zero within two generations, balancing rapid industrialization with severe climate pressures.
Singapore sharply upgraded its 2026 economic growth forecast to 4.5%–5.5%, citing strong first-half performance, AI-driven demand, and resilient exports despite global headwinds.
Standard Chartered initiated Chainlink coverage with a $200 price target by 2030, citing growth in tokenized assets, decentralized finance, and Wall Street adoption.
Fast-fashion retailer Shein reports slowing growth and falling profitability in the U.S. and Europe after losing duty-free de minimis exemptions and facing new tariffs, threatening its upcoming Hong Kong IPO.
India's consumer sector anticipates 9-11% FMCG demand growth during the festive season, driven by improving purchasing power and low inflation. However, companies face rising input costs, margin pressure, and intense competition from quick-commerce platforms.
Hong Kong and Malaysia aim to strengthen economic ties in sectors like semiconductor manufacturing, as Trade Development Council chairman Frederick Ma Si-hang leads Hong Kong's largest business delegation to Malaysia.
A CAG report tabled in the Delhi Assembly shows Delhi's economic growth lagged behind the national economy over the past decade, with its GDP contribution dropping from 4% to 3.67%, driven by rising revenue expenditure and subsidies.
