Iran war IEA’s 32 countries agreed to pump 400m barrels into market to ease supply shocks Asian economies were able to import crude oil from sources other than the Middle East. (Idemitsu Tanker) TOKYO — Asian economies forestalled what could have been a sharp slowdown stemming from the Iran war, thanks largely to the coordinated release […]
Mexican startups are accelerating the development of proprietary AI models and specialized applications despite investing far less than the United States in AI infrastructure, highlighting a shift toward domain-specific innovation while key industries such as manufacturing continue to lag in enterprise AI adoption. Mexico’s startup ecosystem is increasingly proving that competing in AI does […]
International flights arriving in Europe from destinations within 5,000 km will be required to pay for their CO2 emissions from 2029 as part of a major overhaul of the EU’s emissions trading system announced on Friday (17 July). The review of the Emissions Trading System (ETS), which offers economic incentives to businesses to reduce their carbon emissions, and sets a price on carbon, […]
OCBC Bank strategists Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) remains supported by its yield advantage and safe-haven status, with FX moves still fitting the USD smile framework. They expect modest USD appreciation by year-end, but notes near-term upside is likely incremental without fresh catalysts, keeping carry trades attractive as […]
America’s latest apartment building haven might be Columbus, Ohio. The midsize metro is seeing its highest permit rate for multifamily housing, like apartment buildings, since 2019. Thanks to density-friendly zoning reforms, the city is set to add thousands of homes, giving renters more options that could make the market more affordable over time. Las Vegas, […]
Pony AI Inc. NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) — Pony AI Inc. (“Pony.ai” or the “Company”) (NASDAQ: PONY; HKEX: 2026), a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced that it will report its unaudited financial results for the second quarter 2026 and for the six […]
Fred Hu, chairman and chief executive officer of Primavera Capital Group, during the Hong Kong Fintech Week in Hong Kong, China, on Monday, Nov. 3, 2025. Paul Yeung | Bloomberg | Getty Images China’s biggest weakness in its rivalry with the United States isn’t AI, semiconductors or tariffs. It’s finance, according to one of the […]
Netflix co-CEO Ted Sarandos acknowledged that second seasons of the streamer’s shows tend to draw less well than debut seasons. But, he said, it’s not as bad as a recently prevalent narrative would make it seem. The streamer also touted some early results from the addition of video podcasts to the platform in its quarterly […]
Quick Read NVDY charges 1.09% annually, which is nine times a typical index ETF’s fee, while selling call options that hand NVIDIA’s biggest gains directly to option buyers. NVIDIA stock beat NVDY by nearly 2% year-to-date, and only 11.5% of the fund’s net assets are actual NVIDIA shares. This lithium producer surpassed a $1B private […]
On Thursday, the dollar edged higher against major currencies, reflecting optimism about the U.S. economy’s resilience and an anticipated steady hand from the Federal Reserve on interest rates later this month. While oil price fluctuations are expected to settle, the dollar experienced a near one-month low. U.S. unemployment benefit claims fell last week, signaling a […]
