China’s ChangXin Memory Technologies (CXMT) became the country’s most valuable listed company after its shares surged 470% in their Shanghai debut on Monday, highlighting strong investor enthusiasm for a domestic semiconductor champion at the centre of Beijing’s push for technological self-reliance, Reuters reported. The memory chipmaker raised 57.92 billion yuan ($8.6 billion) through its initial…
A 62-year-old worker has died after falling from a six-metre-high (20-foot) platform while repairing an aeroplane at the Hong Kong International Airport. Police received a report at 8.35am on Monday that a worker had been injured at a site operated by the Hong Kong Aircraft Engineering Company (Haeco). “Preliminary investigations have shown that when the…
The stock market made headlines recently for closing out its best quarter in years between early April and late June. Since then, however, stocks have stumbled. The S&P 500 (^GSPC +0.05%) is down nearly 1% so far this month, as of this writing, while the tech-heavy Nasdaq Composite (^IXIC -0.64%) has dipped by close to…
Roony Bardghji’s future has become an increasingly prominent talking point at Barcelona this summer, with the young winger widely expected to leave the club in search of regular football. The arrival of Anthony Gordon, coupled with the signing of Karim Adeyemi, has pushed the Swede further down the pecking order, and a move away now…
Anadolu staff 27 July 2026•Update: 27 July 2026 Chinese President Xi Jinping spoke by telephone with Brazilian President Luiz Inacio Lula da Silva on Monday and reaffirmed Beijing’s commitment to closer strategic coordination with Brazil and stronger cooperation within BRICS and the Global South. Chinese Foreign Ministry spokeswoman Mao Ning said Xi told Lula that…
Key Points Alphabet raised its 2026 capital spending forecast to as much as $205 billion this past week, while Amazon plans about $200 billion and Meta up to $145 billion. Nvidia’s data center revenue rose 92% year over year to $75.2 billion in its most recent quarter. The stock trades at about 32 times trailing…
Hong Kong property developers are expected to report stronger first-half earnings in the coming weeks, buoyed by a rebound in home sales and improving development margins, as investors look for clues on whether the sector’s recovery is sustainable. Bank of America Global Research expected Hong Kong developers and conglomerates to post average core net profit…
There’s a scene in Steven Spielberg’s 1998 classic, Saving Private Ryan, in which Captain John Miller, played by Tom Hanks, is desperately shooting his pistol at a tank in a last-ditch attempt to take it out. It explodes in a seemingly impossible moment. While a movie analogy isn’t typical of mobile phone production, I spoke…
Beijing-based AI startup Moonshot has targeted a US$50 billion valuation ahead of a potential Hong Kong initial public offering this year. (Reuters pic) BEIJING: Moonshot AI is poised to make its Kimi K3 model available for public download, expanding its reach and influence in the global open software community at a time of growing US…
Some air passengers remained stranded at Hong Kong International Airport on Monday following Typhoon Noul’s departure from the city, with authorities expecting normal operations to resume by the morning. According to the airport website, as of 12.45pm, 12 departing flights initially scheduled for Sunday had been rescheduled to Monday, including three that were due to…