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Economics & Finance

China's ChangXin Memory Technologies (CXMT) sets July 27 listing date, sources say

China’s leading memory chipmaker ChangXin Memory Technologies (CXMT) is set to debut on the Shanghai Stock Exchange on July 27, marking Asia’s biggest initial public offering this year, Reuters reported on Tuesday, citing people familiar with the matter. The company plans to raise 29.5 billion yuan ($4.

Intel announces $5.7 billion AI-driven capital investment in Ireland

According to Intel's official announcement: LEIXLIP, Ireland, July 13, 2026 —Intel today announced a €5 billion ($5.7 billion) capital investment at its Leixlip campus in Ireland, marking the next phase in the site’s capacity expansion.

Energy Matrix - China's Green Exports Gain Momentum as Global Energy Transition Accelerates

China's exports of green technology products continued to accelerate in the first half of the year, driven by the accelerating global energy transition.

Macro & Micro Compass - Fed Rate-Hike Bets Mount Before Inflation Data, Warsh Testimony

Bond traders ramped up bets that the Federal Reserve will raise interest rates later this month, ahead of a closely watched US inflation report and remarks from Fed Chair Kevin Warsh.

Samsung Heavy targets 2028 for first floating AI data center

Samsung is reportedly planning to launch its floating data centers in the second quarter of 2028.

Are Weather Delay Contracts About the Weather or the Officials?

Kalshi’s weather-delay markets reveal a grey area between weather forecasting, sports betting and official discretion.

Breaking News - Asia Economy China exports in June jump at fastest pace since 2021 as AI boom, tariff rush lift trade

China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by U.S. retailers to beat anticipated tariff hikes turbocharged shipments.

Stock price tumbled: Is SK Hynix rally over after Nasdaq debut?

The Korean memory chip-maker's stock price tumbled more than 10% (as of morning July 13, 2026) after its stunning Nasdaq debut last Friday (up 12.8%). Is the rally over, or is this a buying oppotuntiy?

Oil Climbs as US Strikes Iran, Fueling Inflation and Rate Hike Bets

Oil rose and Treasuries fell after the US launched another round of strikes against Iran, reviving concern that higher energy prices will keep inflation elevated and interest rates higher for longer.

OpenAI, Meta, SpaceXAI Compete for More Cost-Efficient AI Models

Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced, but their biggest immediate selling point may not be what they can do but how little they charge to do it.

Container Carriers Eye Return to Red Sea Route

A.P. Moller-Maersk A/S and Hapag-Lloyd AG signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down on expectation a return to the shorter route will ease capacity constraints and temper a surge in shipping rates.

Breaking News - S&P Downgrades Oracle to BBB-

S&P Global downgraded Oracle's long-term credit rating from BBB (Negative) to BBB- (Stable), citing elevated business risk and weaker near-term cash flows.

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