China
Same event, multiple sources, transparently cited.
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Hong Kong insurers' shares tumble as China enforces tax on offshore insurance income
Shares of major Hong Kong-listed insurers fell sharply after reports China began taxing offshore insurance returns at 20%.
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Taiwan launches largest annual Han Kuang military drills amid Chinese pressure
Taiwan began a 10-day Han Kuang military exercise on August 5 to prepare troops and civilians for potential Chinese invasion.
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Electronic Arts Completes $55 Billion Buyout to Go Private
Electronic Arts completed its $55 billion leveraged buyout led by Saudi Arabia’s Public Investment Fund, ending its public trading today.
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Mykhailo Mudryk returns to Chelsea after 20-month doping ban with debut in Hong Kong
Mykhailo Mudryk made his first appearance for Chelsea since a 20-month doping suspension in a friendly against Juventus on August 5, 2026.
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Spotify Premium subscribers exceed 300 million in Q2 2026, revenue hits €4.8 billion
Spotify reported over 300 million Premium subscribers and €4.8 billion revenue in Q2 2026, with service expansions and AI features announced.
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British man jailed for storing late mother’s body in freezer and committing benefit fraud
Christopher Phillips was sentenced to 2 years 4 months for keeping his mother’s body in a freezer and fraudulently claiming her benefits.
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Alibaba launches Qwen3.8-Max AI model with 2.4 trillion parameters, rivals Anthropic's Fable 5
Alibaba Group unveiled its Qwen3.8-Max AI model on August 3, featuring 2.4 trillion parameters and claiming performance comparable to Anthropic's Fable 5.
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Two seriously injured after building roof and wall collapse in Sydney's Ultimo
Two men were seriously hurt when a building roof and wall collapsed near a construction site in Ultimo, Sydney, on August 3.
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Australia to raise media bargaining code levy to 2.5% on Big Tech digital ad revenue
Australia plans to increase the levy on Big Tech firms’ digital ad revenue to 2.5% to fund local news media sustainability.
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Enzo Maresca's Manchester City debut ends with penalty shootout loss to Inter Milan
Enzo Maresca coached Manchester City to a 1-1 draw and penalty shootout defeat against Inter Milan on August 1 in Hong Kong.
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Russia Fires Record 376 Missiles at Ukraine in July 2026, Killing Dozens
Russia launched 376 missiles and nearly 5,000 drones at Ukraine in July 2026, marking a sharp escalation in attacks.
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Apple reports 16.4% revenue increase in Q3 2026 but warns of supply challenges in Q4
Apple posted $109.4 billion revenue for Q3 2026 with strong profit growth but issued a cautious Q4 outlook citing supply chain issues.
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Apple reports $109.4B Q3 revenue with strong iPhone and Mac sales amid supply shortages
Apple posted $109.4 billion in Q3 2026 revenue, beating forecasts despite supply chain issues and a CEO transition.
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Meta lowers Q3 revenue forecast, raises 2026 capital expenditure guidance
Meta forecast Q3 2026 revenue of $61-$64 billion, below analysts, and increased full-year capital spending guidance.
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Ferrari sells full 2026 Luce EV target within two months of launch
Ferrari reached its annual sales goal of just under 500 Luce electric vehicles within two months of the May 25 launch.
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Hermès Q2 2026 revenue rises 6.7% despite weak China sales and luxury market slowdown
Hermès reported 6.7% revenue growth in Q2 2026 at constant exchange rates, driven by strong Americas sales despite challenges in China and the global luxury sector.
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BIGBANG Announces 20th Anniversary World Tour with Singapore and Taiwan Concerts
K-pop group BIGBANG will launch their 2026-2027 world tour with concerts in Singapore and Taiwan as part of 33 shows in 19 cities worldwide.
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Elon Musk’s X launches invite-only X Money banking service for US Premium subscribers
Elon Musk’s X platform introduced X Money, a banking-like service offering real-time payments and high-yield deposits to US Premium users.
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Chinese automaker BYD launches electric Racco kei minicar in Japan to challenge domestic brands
BYD launched its all-electric Racco kei minicar in Japan on July 28, targeting the domestic-dominated kei segment with competitive pricing.
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Chinese Firm Begins Mass Production of DUV Lithography Machines, Challenging ASML
A Shanghai state-backed company started mass producing immersion DUV lithography tools, planning to deliver units to major Chinese chipmakers in 2026 and 2027.
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Amazon seeks FCC approval to launch 5,105 satellites for direct-to-device network
Amazon applied to the FCC to launch 5,105 low Earth orbit satellites for a mobile direct-to-device network accessible by standard smartphones.
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DeepSeek suspends second funding round after viral leak of founder’s AI remarks
DeepSeek paused its second fundraising round after founder Liang Wenfeng’s comments on China-US AI competition surfaced online.
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Japan and China dispute over alleged contact between foreign ministers at Manila meeting
Japanese Foreign Minister Motegi claimed brief contact with Chinese Foreign Minister Wang Yi at ASEAN meetings in Manila, denied by Chinese officials.
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Vietnamese cargo ship sinks in South China Sea; search continues for missing crew
The Vietnamese cargo ship Khoi Nguyen 18 sank near Fiery Cross Reef on July 25, prompting rescue efforts for 62 crew members.