Economy
South Korea July exports beat forecasts on AI demand
Robust AI investment demand drove computer and semiconductor exports, bringing total shipments to the $100 billion threshold.
Universal Music Group Posts Mixed Q2 2026 Results
The company reported its financial performance for the second quarter of 2026, with results that were neither uniformly strong nor weak.
Lennox Q2 2026: Commercial Strength Offsets Residential Slump
The company's earnings call presentation highlights divergent trends across its business segments.
Visa Reports Q3 Revenue Up 14%, Payments Volume Tops $4 Trillion
Strong consumer spending and World Cup travel boosted results, while Visa outlined AI and stablecoin investments.
Steven Madden Q2: stock hits 52-week high, Nordstrom event 'phenomenal'
CEO Rosenfeld cites strong sell-through at the Nordstrom Anniversary sale and strength in women's footwear, while CFO Mazouzi says the company is absorbing higher shipping costs.
Kioxia forecasts $11.78 billion quarterly operating profit
Japan's chip maker projects strong July-September earnings amid AI-driven memory chip demand.
CenterPoint Energy beats Q2 estimates, shares slip premarket
The Houston-based utility raised its capital plan to $66.7B and outlined GW-scale load growth in Texas and Indiana.
Tether Reports $1.5B Q2 Profit as USDT Supply Grows
The stablecoin issuer's excess reserves declined and gold holdings dipped, despite a rising USDT market share.
Bessent's notepad at Camp David lists buying $5-10 billion yen
A Reuters photo shows the Treasury Secretary's handwritten to-do list, hinting at possible U.S. intervention in currency markets.
Gold Wavers as Fed Holds Rates and US Pauses Iran Strikes
August futures opened above $4,100 but price action remains choppy amid policy uncertainty and geopolitical tensions.
ADNOC Shifts Abu Dhabi Crude Pricing to Prompt-Month Dubai Benchmark
From November 2026, all Abu Dhabi crude grades will be priced against prompt-month Platts Dubai, replacing the previous two-month-ahead Murban futures system.
Turkey's June 2026 foreign trade deficit widens 26.2% to $10.37B
Exports and imports both rose by over 20% in June, but the gap grew as imports outpaced exports.
Roblox shares drop over 10% on weak bookings forecast and user drop
The company's quarterly forecast missed Wall Street estimates and daily active users fell sequentially, partly due to tougher age-verification steps.
Türkiye Central Bank amends foreign currency conversion support rules
New regulations tie conversion incentives to corporate value-added and extend temporary support periods.
Global tech stocks rally as AI demand optimism grows
Technology gains lift major indices amid slowing US economic growth and mixed corporate earnings
Eurozone inflation rises to 2.9% in July
Higher energy prices drive headline inflation up from June levels, meeting economist expectations.
Major real estate developers report declines in profits and turnover
Economic shifts hit construction firms in Estonia and Latvia as market recovery remains slow
Electronic Arts to go private in $55 billion deal
Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners to acquire the gaming company.
India approves US$8.81 billion offshore oil and gas exploration plan
The 'Samudra Manthan' scheme aims to boost domestic production through deepwater drilling and seismic data acquisition.
NXP Semiconductors in talks to acquire Ambarella for over $3 billion
The potential deal targets Ambarella's AI chip technology for automotive and edge device markets
Turkey tourism revenue falls 2.6% in second quarter of 2026
Visitor numbers and total revenue declined as average nightly spending reached 113 USD
US Federal Reserve Board proposes modernizing mutual bank rules
The move aims to increase capital-raising flexibility and reduce procedural burdens for depositor-owned institutions.
Gestamp Automoción reports rising margins for H1 2026
Earnings presentation shows margin growth despite weakness in the automotive market.
Lam Research shares rise following Q4 2026 earnings report
The stock surge follows the company's fiscal fourth-quarter financial results and updated guidance.
Gold prices decline amid Middle East tension and US interest rate debates
Geopolitical volatility and liquidity needs in the semiconductor sector drive a retreat in gold values.
North Korea's economy expands as arms deals with Russia boost growth
Growth was driven by military cooperation with Moscow and increased trade with China, according to South Korean estimates.
Westinghouse Electric Company files for US initial public offering
The nuclear technology firm seeks a listing following its 2023 acquisition by Brookfield and Cameco
Koch Inc. explores $15 billion sale of data center developer Edged
The sale would divest a company co-founded by Koch Inc. to serve major hyperscalers.
Amazon shares surge 12% while Apple falls 7% following earnings reports
Divergent results for the tech giants drove mixed movement across major US indices.
Mercedes CEO pledges to defend U.S. business amid Chinese ownership concerns
The automaker faces potential sales bans following U.S. Senate legislation targeting Chinese investment.