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MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
MEXC Ventures today announced its support for the expansion of Alpha Arena, a global esports-inspired live trading tournament, into the APAC region. As part of the partnership, MEXC Ventures will serve as the Main Sponsor of Alpha Arena S03, with TRIV serving as the Co-host.
Stocks diverge on earnings, as oil steadies
Global stock markets diverged Thursday as traders tracked major earnings and central bank updates, while oil prices steadied after recent volatility caused by the Middle East war.
Eurozone economy grows despite Middle East war
The eurozone economy grew more than expected in the second quarter of 2026, data published Thursday showed, proving its resilience despite the energy shock from the Middle East war.
BMW profit down a third as carmaker plans job cuts
Net profit at premium carmaker BMW fell over a third in the second quarter, the firm said Thursday as it prepares to cut almost 10 percent of its German workforce.
Shell profit surges as Mideast war fuels oil prices
British energy giant Shell said Thursday that its net profit tripled to $10.8 billion in the second quarter as the Middle East war sent oil prices soaring.
Seoul extends losses as most Asian markets drop, oil rises again
South Korean stocks extended their painful retreat Thursday as a promising start gave way to more blood-letting in the tech field, while the rest of Asia also struggled and oil rose further on fresh Middle East worries.
Car maker Stellantis says back in profit in second quarter
Fiat and Jeep maker Stellantis said Thursday it had returned to profit in first quarter of 2026 after a dramatic loss in the same period last year.
Gambling.com Group Is Now Grandstand
New Name Captures Company’s Evolution into the Intelligence Layer of Sports, Gaming and Entertainment.
AI data centre supplier Zhongji InnoLight tumbles on Hong Kong debut
Shares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising at least US$6.8 billion in the city's biggest IPO for seven years, driven by a demand for AI components.
Samsung quarterly operating profit up 1,800% on AI boom
South Korean technology giant Samsung Electronics posted on Thursday a massive 19-fold jump in second-quarter operating profit from last year, buoyed by frenzied demand for memory chips used in AI data centres.
South Korean stocks bounce after rout, oil holds gains on Mideast woes
South Korean stocks enjoyed a much-needed rally Thursday after a two-day rout as chip giant Samsung reported an eye-watering profit surge thanks to AI-driven demand, though the rest of Asia was mixed and oil held steep gains on fresh Middle East worries.
AI data centre supplier Zhongji InnoLight falls on Hong Kong debut
Shares in China's Zhongji InnoLight fell in the first few minutes of its Hong Kong debut Thursday, after raising at least US$6.8 billion in the city's biggest IPO since 2019.
Samsung operating profit up 1,800% in second quarter on AI boom
South Korean technology giant Samsung Electronics posted on Thursday a massive 19-fold jump in second-quarter operating profit from last year, buoyed by sustained AI-driven demand for memory chips.
Japanese population below 120 million for first time in decades
The number of Japanese people living in the country has fallen below 120 million for the first time in 42 years, government data showed Wednesday, as the nation confronts a low birth rate and an ageing society.
Meta misses profit expectations, sticks to massive AI spending
Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line.
FIFA hit by furious backlash over plans to sell stake in competitions
There was a furious backlash on Wednesday to FIFA's controversial plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a private subsidiary.
Russia seeks arrest of Telegram chief Durov
Russia announced on Wednesday that it was seeking the arrest of Telegram founder Pavel Durov over accusations of "complicity in terrorism", alleging he had let the platform be used for recruitment by Ukraine's security services.
BMW aims to cut 8,000 jobs by end 2027: company source
Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP Wednesday.
South Korean stocks plunge as tech rout deepens, oil rises
South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip firms over the past month deepening as nervous investors unwound their bets on the AI boom.
On London streets, homeless wary at PM's vow to end rough sleeping
In a small square in central London, Kevin was hawking copies of the Big Issue, a charitable magazine sold by homeless street vendors.
UBS says second-quarter net profit up 17% to $2.8 billion
Swiss banking giant UBS reported Wednesday that net profit rose 17 percent to $2.8 billion in the second quarter, driven by its investment banking arm.
South Korean stocks collapse amid Asian tech rout
South Korean stocks suffered one of their steepest plunges Wednesday, with the blood-letting that has battered chip firms over the past month deepening as nervous investors unwound their bets on the AI boom.
Crude jumps on fresh Mideast flare-up, tech rout deepens
Oil prices spiked Wednesday after a fresh flare-up of fighting in the Middle East that revived fears over supplies through the Strait of Hormuz, while chip firms continued to bleed as nervous investors unwound their bets on the AI boom.
SK hynix posts 1,200% net profit boost on AI chip boom
South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by the artificial intelligence industry's explosive demand for its advanced memory chips.
Senate advances sweeping Russia sanctions bill
The US Senate advanced sweeping sanctions legislation targeting Russia's energy revenues Tuesday, as Ukrainian President Volodymyr Zelensky visited Washington to press for stronger action against Moscow.
US government bans humanoid robots manufactured abroad
US President Donald Trump's administration on Tuesday added humanoid and quadruped robots to a list of products and companies that are banned from being imported into the United States on national security grounds.
Mixed day for global stocks but oil prices fall along with chip shares
Wall Street stocks mostly rose Tuesday behind solid earnings and a pullback in oil prices, offsetting weakness in chip shares and in Asian equity markets.
Spain lets wildfire evacuees return but France fears flames spreading
Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday but thousands more were ordered to leave in France over fears that a looming heatwave would prevent containment of fires that have ripped through the country's southwest.
AI glasses help propel EssilorLuxottica sales growth
Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate second-quarter growth, the world's largest maker of eyeglasses reported Tuesday.
GSJJ Launches ESG-Certified Custom Challenge Coins and Pin Badges
GSJJ today announced the launch of a new product line of Custom Challenge Coins and Custom Pin Badges designed to support corporate recognition programs and employee retention initiatives in 2026, integrating defined production methods, tiered material options, environmentally certified materials, and coordinated display and packaging solutions.
Airbus completes record 24-hour flight with plane to be used by Qantas
A specially modified Airbus A350 plane touched down in France Tuesday after a record 24-hour test flight from Australia, ahead of it joining Qantas's fleet next year.
FIFA says it hopes to sell $4.2bn stake in its tournaments
FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions through the creation of a semi-private subsidiary.