News
Shut out of China’s mega CXMT IPO, global investors hunt for creative backdoors
Many overseas investors are instead piling into brokers and even crypto derivatives tied to the blockbuster listing Published Thu, Jul 16, 2026 · 10:57 AMGLOBAL investors largely shut out of...
South Korea to halt new listings of single-stock leveraged ETFs
The ban will remain until market conditions stabilise, says the Financial Services Commission on Jul 16Published Thu, Jul 16, 2026 · 10:08 AM — Updated Thu, Jul 16, 2026...
South Korea to announce measures on single-stock leveraged ETFs soon
Measures to address such funds and ensure market stability are being discussed, the nation’s top financial regulator saidPublished Thu, Jul 16, 2026 · 10:08 AM[HONG KONG] South Korea will...
United Airlines warns of nearly US$6 billion fuel hit as oil-price surge weighs on outlook
It priced Q2 adjusted earnings of US$1.99 per share, topping analysts’ estimate of US$1.88Published Thu, Jul 16, 2026 · 09:11 AM[CHICAGO] United Airlines said on Wednesday (Jul 15) it expected nearly...
Gold steadies as soft US inflation, Iran war risks cloud US Fed rate outlook
Trump has pledged to intensify bombardment until Teheran stops attacking ships and opens HormuzPublished Thu, Jul 16, 2026 · 08:30 AM — Updated Thu, Jul 16, 2026 · 12:06...
SpaceX shares briefly slip below IPO price for first time
Published Thu, Jul 16, 2026 · 08:06 AMSPACEX shares slumped to their lowest level since the rocket, satellite, and artificial intelligence company went public, briefly falling below their initial...
Stripe, Advent offer to buy PayPal for more than US$53 billion, sources say
The acquisition would create one of the world’s largest global online payments companiesSTRIPE and private equity firm Advent International have made a joint offer to acquire PayPal for US$60.50 per...
US stocks: Wall Street ends higher on cool inflation data, strong earnings
Published Thu, Jul 16, 2026 · 05:55 AM[NEW YORK] Wall Street stocks gained ground on Wednesday (Jul 15) as softening inflation data and a robust beginning of second-quarter earnings season put...
Apple gets approval for iPhone AI in China with Alibaba, Baidu
The approval gives it a boost in the world’s most competitive smartphone marketPublished Wed, Jul 15, 2026 · 10:54 PM[BEIJING] Apple on Wednesday (Jul 15) received long-awaited government approval...
Wall St opens higher as investors weigh earnings
Published Wed, Jul 15, 2026 · 09:58 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 15), as investors weighed softer-than-expected producer inflation data and a flurry...
