Business
China’s CXMT Skyrockets 470% in Record-Breaking Shanghai Semiconductor Debut
The Hefei-based manufacturer surged 470% to 49 yuan per share at the opening bell. It raised $8.6 billion in Asia's largest IPO of 2026.
Business
Singapore MAS Tightens Policy as $100 Oil Ignites Inflation Fears
Singapore electricity tariffs just jumped 17% as global oil prices push past $100 a barrel. Here is why the MAS unexpectedly tightened monetary policy.
Business
MercadoLibre Margins Plunge 20%: Why Wall Street’s Panic Might Be Misguided
MercadoLibre posted a 49% revenue growth in Q1 2026, but shares stumbled after operating margins fell 20% due to aggressive shipping subsidies in Brazil.
Business
Neoclouds vs. Hyperscalers: How $40 Billion in AI Debt Could Fracture the Market
CoreWeave now carries $34.66 billion in debt to build specialized GPU data centers. The massive gamble faces a new existential threat after Meta explored selling off its own excess AI capacity.
Business
US Economy Defies Expectations as Surging July Inflation Kills 2026 Rate Cuts
The S&P Global composite PMI hit an eight-month high of 53.6 in July. Selling price inflation reached its steepest acceleration since 2022, crushing Wall Street hopes for a 2026 rate cut.
Business
CME Group Sues CFTC to Block $1 Trillion Crypto Perpetual Futures Engine From Entering the US
The CME Group is suing the CFTC in federal court to stop crypto platforms from offering perpetual futures, arguing the non-expiring contracts are actually illegal swaps.