The KOSPI index dropped 5.8 percent to 6,471.17 in Seoul, triggered by a sell-side sidecar suspension. The decline was led by heavy losses in Samsung Electronics and SK hynix, influenced by rising global oil prices and U.S. Treasury yields.
European equities show unexpected resilience in 2026, with the Stoxx 600 index rising 10% despite challenges like Chinese competition and autos sector struggles. Goldman Sachs highlights that European banks and large sectors have outperformed expectations.
Zhu Rongji, former premier of China and architect of 1990s market reforms, has died at age 97. His legacy remains a polarizing mix of vast wealth creation and lasting vulnerabilities.
A US-China Business Council survey reveals the Trump administration's export-control licensing regime is costing the US billions in lost exports, with most restricted items already available in China from other suppliers, thereby undermining US competitiveness.
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.
Flowdesk, a crypto market maker backed by Coinbase Ventures and BlackRock, has obtained a full broker-dealer license in Dubai from the Virtual Assets Regulatory Authority to serve institutional investors.
AgiBot leads global humanoid robot market with 44% share, shipping 8,400 units in H1 2026, outpacing Unitree Robotics amid pre-IPO race.
Australian shares were on track to snap a five-day rally as Middle East tensions flared over a potential Strait of Hormuz transit ban. Meanwhile, markets processed corporate updates, economic forecasts, and AI-driven biological research.
Global markets rallied as Wall Street hit new record highs driven by strong AI earnings and oil prices fell to a three-week low on Middle East de-escalation hopes. Meanwhile, SpaceX reported its first public earnings with a surge in revenue and AI spending.
Trump signals Iran negotiations after halting strikes, Ukraine braces for winter, Japan intervenes to support yen, AstraZeneca considers major pharma merger, and India faces a youth jobs crisis amidst exam scandal.
Deadly storms in Chile have disrupted major copper mining operations, including those of Anglo American and Antofagasta. This disruption amplifies existing market strains from U.S. tariff expectations and surging demand, potentially driving copper prices to new highs.
Chinese tech giants are facing increasing market scrutiny to prove that their substantial artificial intelligence investments will generate sustainable profits, mirroring the pressure felt by US tech firms like Meta and Alphabet over their AI spending.
China's AI advantage lies in providing capable, affordable intelligence, increasingly capturing market share through cost-effectiveness, reliability, and reach, as seen in OpenRouter's token processing metrics.
AstraZeneca's CEO Pascal Soriot warns the company must innovate at 'Chinese speed' to compete with emerging pharmaceutical rivals, citing the automotive industry's loss to Chinese electric vehicle dominance. Despite confidence in hitting $80bn 2030 sales targets, Soriot acknowledges the threat from Chinese innovators in novel drug technologies.
Global markets face a pivotal week with Federal Reserve, Bank of Japan, and Bank of England meetings, heightened by Middle East conflict, oil prices above $100, and new US tariffs. Investors also await Big Tech earnings and inflation data for interest rate clues.
The US imposed new tariffs on 60 economies over forced labor, drawing international condemnation and impacting global markets. Volkswagen and SAP cut profit outlooks, while a bill requiring AI kill switches was introduced in Congress.
Brent crude surpassed $100 a barrel after Houthi attacks on Saudi oil tankers, escalating Middle East tensions and prompting a US warning to Iran. This fueled inflation fears, driving Treasury yields higher and causing a market sell-off, while tech stocks experienced volatility due to AI spending plans and regulatory fines.
Indian space-tech startup Skyroot successfully test-launched a low-orbit rocket with a 350kg payload, becoming the first Indian private company with orbital launch capability. It plans commercial operations by 2027, aiming for monthly launches and cost competitiveness in the small payload market.
S&P Global Market Intelligence, Türkiye Cumhuriyet Merkez Bankası'nın (TCMB) 23 Temmuz'daki Para Politikası Kurulu (PPK) toplantısında politika faizini yüzde 37'de sabit tutacağını tahmin etti. Küresel enerji fiyatlarındaki dalgalanma ve Orta Doğu'daki gerilimler, temmuz ayındaki dezenflasyonun faiz indirimi için yeterli olmayacağını gösteriyor.
Skyroot Aerospace's Vikram-1 rocket successfully completed its maiden orbital mission from India, carrying customer payloads and making India the third country with private orbital launch capability. Analysts emphasize the need for Skyroot to demonstrate regular, cheap, and reliable launches for commercial success.
Tether Gold (XAUT) has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market (ADGM), enabling regulated firms to offer services involving the tokenized gold asset. This follows USDt's prior acceptance and supports business growth, with XAUT's TVL tripling to $2.86 billion.
LandSpace Technology's IPO review was restored, seeking $1.1 billion for reusable rockets. CAS Space also plans to use IPO funds for similar projects. This follows China's successful sea recovery of a Long March-10B rocket, highlighting domestic advancements in reusable rocket technology.
Bitcoin remained above $62,000 as renewed US-Iran conflict in the Strait of Hormuz boosted oil prices, sparking inflation concerns. Higher energy costs could pressure the Federal Reserve to maintain tighter monetary policy, impacting speculative assets like Bitcoin.
Serbia's Minister without Portfolio, Nenad Popovic, expressed gratitude to Russia for reliable gas supplies, highlighting the favorable terms and lowest price from Gazprom. He attributed these agreements to the strong relationship between Serbian President Aleksandar Vucic and Russian President Vladimir Putin.
