Oil climbs as US-Iran attacks escalate, shaking global markets
Escalating US-Iran attacks in July 2026 sent oil prices soaring to a month-high and bonds falling, renewing inflation concerns as markets react to the Middle…
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Mexico-U.S. cross-border trade hits $87.23 billion in May, Mexican exports set record
Mexico-U.S. cross-border trade reached $87.23 billion in May 2026, with Mexican exports to the U.S. setting a historic record at $54.18 billion, boosting Nor…
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C919 aircraft launches first international route to Mongolia via Air China
China’s homegrown C919 aircraft will begin its first routine international passenger service to Mongolia on August 12, operated by Air China, marking a key m…
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Financial Conduct Authority faces scrutiny over short-
The FCA’s new short-selling rules have faced immediate scrutiny after initial data disclosures on July 18, 2026, contained apparent errors, raising concerns…
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Big Tech firms face crucial earnings reports amid rising AI spending scrutiny
Big Tech companies face critical Q2 2026 earnings reports, as investors demand proof that massive AI spending is generating significant revenue growth.
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France, Germany Unite on Tougher China Trade Policy
France and Germany vow to align on tougher EU trade policy against China, pushing for emergency measures to protect European industry from a surging trade de…
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IMF chief warns Bank of England against premature rate cuts amid Iran war risks
The International Monetary Fund cautioned the Bank of England against cutting interest rates, citing persistent inflation risks from the ongoing Iran war.
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Taiwan Semiconductor Manufacturing Company reports 77
Taiwan Semiconductor Manufacturing Company (TSMC) announced a 77% surge in its second-quarter profit, significantly beating estimates driven by robust demand…
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SK Hynix shares plunge 10.95% as Asia’s tech market reels from US chip losses
SK Hynix shares dropped 10.95% in Seoul, sparking a wider Asian tech rout and mirroring U.S. semiconductor stock declines amidst AI spending concerns.
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New York Fed President Williams: Inflation has peaked, rates ‘well positioned’
New York Fed President John C. Williams stated on July 15, 2026, that inflation has likely peaked and current interest rates are well positioned to meet the…
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China’s economic growth slows to 4.3% as investment plummets, fanning stimulus calls
China’s economy saw its slowest quarterly growth since late 2022, expanding just 4.3% in Q2 as investment fell sharply, intensifying calls for stimulus.
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US bank profits soar in Q2 2026 as equities trading revenue booms
Major US banks like JPMorgan Chase, Bank of America, and Goldman Sachs reported blockbuster Q2 2026 profits, largely driven by surging equities trading reven…
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China’s June exports surge to highest since 2021 on AI hardware demand and pre-tariff rush
China’s exports saw their fastest growth since 2021 in June, fueled by strong global demand for AI hardware and manufacturers rushing shipments ahead of US t…
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U.S. oil prices surge after Trump reinstates Strait of Hormuz blockade
U.S. oil prices surged above $75 a barrel Monday after President Donald Trump reinstated a naval blockade on Iranian ships in the Strait of Hormuz. This move…
