China
Same event, multiple sources, transparently cited.
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Four charged in Singapore for gold smuggling and VAT fraud using signal converters from China
Four Singaporeans were charged July 8 over a gold smuggling and VAT carousel fraud scheme involving electronic signal converters imported from China.
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Apple tests Chinese CXMT memory chips for iPhones and MacBooks amid supply concerns
Apple is testing memory chips from China's CXMT for iPhones and MacBooks to address component shortages fueled by AI demand.
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China's July CPI and PPI inflation slow, both below market forecasts
China reported July consumer and producer price inflation slowed, missing forecasts as gasoline prices and international oil declines weighed on indices.
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Chinese autonomous driving startup Momenta raises US$751 million in Hong Kong IPO
Chinese autonomous driving firm Momenta debuted on the Hong Kong Stock Exchange, raising about US$751 million in its IPO.
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US Airlines’ Fuel Costs Rose 84% in May Amid Middle East Conflict and Oil Price Surge
US airlines spent $6.66 billion on fuel in May 2026, up 84% from last year due to higher jet fuel prices linked to Middle East tensions.
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Microsoft begins replacing OpenAI and Anthropic AI models with own MAI models in key software
Microsoft is switching from third-party AI models to its in-house MAI models in Excel, Outlook, and GitHub Copilot to cut costs and streamline services.
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Kyle Lowry signs one-day contract to retire as Toronto Raptors player
Kyle Lowry signed a one-day contract with the Toronto Raptors on July 7, 2026, to retire as a member of the team.
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China’s central bank extends gold-buying streak to 20 months, adds nearly 15 tons in June
China’s People’s Bank of China raised gold reserves for the 20th month, adding 480,000 ounces in June to reach 2,346 tons total.
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US Companies Increase Use of Cheaper Chinese AI Models Amid Cost and Political Concerns
U.S. firms have sharply raised adoption of Chinese AI models for lower costs despite growing government scrutiny.
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China boosts Hong Kong’s offshore yuan hub with expanded liquidity and bond quotas
China’s central bank raised yuan liquidity quotas and bond connect limits, while Hong Kong launched a gold clearing system to strengthen its offshore yuan market.
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BHP Gets Green Light for $15 Billion Expansion of Escondida Copper Mine in Chile
BHP won approval to begin early stage works on its $15 billion Escondida copper mine expansion in Chile as part of plans to double copper output by 2030s.
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Hedge funds hold largest bearish position on Japanese yen since 2007
Hedge funds increased short positions on the Japanese yen to nearly 138,000 contracts by June 30, the highest since 2007.
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US Stocks Rise on July 6 Led by AI and Tech; Mixed Signals in Asia and Europe
US stock market rose July 6, 2026, led by AI and tech gains, despite mixed performances in Asian and European markets.
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China test-launches long-range ballistic missile in South Pacific amid regional tensions
China launched a long-range ballistic missile from a nuclear submarine in the South Pacific on July 6, drawing criticism from Australia and allies.
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Singapore and China Agree to Expand Cooperation on Green Energy, AI, and Eldercare
Singapore’s Minister Chee Hong Tat called for deeper collaboration with China on sustainable energy, artificial intelligence, and ageing during a July forum.
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US electricity demand to hit record highs in 2026-27 driven by AI data center growth
US electricity consumption reached 4.195 trillion kWh in 2025 and is forecast to rise to 4.399 trillion kWh by 2027 as AI data centers expand rapidly.
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Sierra Leone fishermen blame Chinese trawlers for illegal fishing and lost catches
Sierra Leone fishermen report a 40% decline in fish catches due to illegal incursions by foreign, mainly Chinese, trawlers in coastal waters.
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US stocks fall with AI and semiconductor shares hit as Hormuz Strait attacks push oil prices higher
On August 7, 2026, US markets closed lower as semiconductor stocks plunged and geopolitical tensions near Hormuz Strait pushed oil prices up.
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Malaysia aims for US$229 million durian exports to China by 2030 amid strong demand
Malaysia targets US$229 million in durian exports to China by 2030, driven by rising fresh and frozen durian sales.
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Xi Jinping pledges to strengthen long-term stable ties with Kim Jong Un
Chinese President Xi Jinping expressed readiness to cooperate with North Korean leader Kim Jong Un for stable China-North Korea relations.
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UK, Italy, and Japan sign £4.6 billion deal to develop 6th-generation fighter jet
The UK, Italy, and Japan signed a £4.6 billion contract to jointly develop a 6th-generation fighter jet under the Global Combat Air Programme.
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China launches new coast guard patrol east of Taiwan amid sovereignty dispute
China began a new coast guard patrol east of Taiwan on July 4, replacing a previous task force amid escalating maritime tensions.
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Bald Range wildfire in British Columbia forces 20,000+ evacuations and state of emergency
A rapidly spreading Bald Range wildfire in British Columbia burned over 9,500 hectares and prompted the evacuation of more than 20,000 people.
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Xi Jinping promotes two generals and appoints new military anti-corruption chief
On July 3, 2026, Xi Jinping promoted Zhang Shuguang and Wang Gang to generals and named Zhang head of the military discipline commission amid a broad anti-corruption purge.