China · Business
Same event, multiple sources, transparently cited.
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US Leads in Biotech Quality While China Dominates Clinical Trials, Survey Finds
A survey finds the US leads in biotech quality and commercialization, while China leads clinical development and supply chain.
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EU Parliament ECON committee approves framework for digital euro launch
The European Parliament’s ECON committee approved rules backing the digital euro, clearing a key step toward a 2029 launch.
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Chinese autonomous driving startup Momenta to raise $900M in Hong Kong IPO
Momenta Global Ltd, backed by GM and Tencent, received Hong Kong Stock Exchange approval to launch a $900 million IPO ahead of a July listing.
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China’s fiscal deficit narrows 4.1% in early 2026 amid cautious spending
China’s fiscal deficit fell 4.1% in January-May 2026 to 3.16 trillion yuan as government spending declined and tax revenue rose.
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US and Iran reach preliminary peace deal with 60-day roadmap and oil sanction relief
The US and Iran agreed on a tentative peace deal featuring a 60-day roadmap and temporary sanction exemptions to ease tensions and reopen the Strait of Hormuz.
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Sony Group plans $1 billion US dollar bond sale, its first in nearly 30 years
Sony Group announced plans to issue $1 billion in senior fixed-rate US dollar bonds with five- and ten-year maturities.
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Chinese authorities launch probe into alleged formamide contamination in baby diapers
China’s State Administration for Market Regulation and other agencies began investigating claims of formamide in baby diapers today.
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Thailand aims to raise economic growth potential to 3% by 2030
Thailand announced plans to increase its annual economic growth potential from 2.7% to 3.0% by 2030, Finance Minister Ekniti Nitithanprapas said on June 22, 2026.
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Singapore Airlines to issue 1.5 billion yuan five-year offshore bond under $10B debt plan
Singapore Airlines mandated four banks to arrange a 1.5 billion yuan offshore bond issue, expected June 30, 2026, as part of its $10 billion debt program.
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Middle East, China, and Indonesia mitigate aluminium supply shock from Iran conflict
Middle Eastern smelters and Asian producers eased aluminium shortages caused by Iran war despite Strait of Hormuz closure on June 20, 2026.
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Three India-linked supertankers reappear near Strait of Hormuz amid oil spill off Pakistan coast
Three India-linked supertankers crossed the Gulf of Oman on June 21 amid disputed Strait of Hormuz closure and an oil spill reported on Pakistan’s coast.
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SpaceX launches debut bond sale after record $85.7B IPO and reports $100.8B cash
SpaceX announced its first senior unsecured notes offering on June 22, following a June 12 IPO that raised $85.7 billion and reporting $100.8 billion cash on hand.
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UK Prime Minister Keir Starmer Resigns After Local Election Losses, Sterling Weakens
UK Prime Minister Keir Starmer resigned amid political pressure after heavy Labour losses in May local elections, causing sterling to weaken [s1,s2].
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China adds 10 US rare earth and defense-linked firms to export control list
China banned dual-use exports to 10 US rare earth and defense-linked companies on June 22, 2026.
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China keeps loan prime rates steady for 13th month in June 2026
China held its 1-year and 5-year loan prime rates unchanged at 3.0% and 3.5% respectively in June 2026, marking 13 consecutive months without a change.
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France and Germany agree equal 40% stakes in defense firm KNDS ahead of IPO
France and Germany agreed to hold equal 40% stakes in European defense company KNDS before its planned IPO on July 13, 2026.
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SK Hynix briefly surpasses Samsung Electronics as South Korea's most valuable company
On June 22, 2026, SK Hynix's market value rose above Samsung Electronics, making it South Korea's top listed company for the first time since 2000.
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Explosion at Qatar's Ras Laffan LNG Facility Injures Dozens, Causes Missing Persons
An explosion during startup at Qatar's Barzan gas supply facility injured 54, left 18 missing, and caused a fire now controlled.
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Japan's Toto to invest 80 billion yen in semiconductor materials targeting 1-nanometer chips
Toto will invest 80 billion yen over five years to expand its semiconductor materials business focused on 1-nanometer chip technology.
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Chinese regulators probe AI-driven stock rallies amid market overheating concerns
Chinese regulators are scrutinizing AI-fueled stock rallies and questioning companies and funds on business links and valuations.
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China urges Asia-Pacific trade cooperation amid rising protectionism at Suzhou APEC meeting
China called on 21 Asia-Pacific economies to deepen trade cooperation to counter rising protectionism during the May 22 APEC meeting in Suzhou.
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US sanctions China's Hengli Group for Iranian oil purchases, Singapore unit shuts down
The US sanctioned Hengli Group and 40 shipping firms in April over Iranian oil, leading to Hengli’s Singapore trading unit closure in June.
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Investors shift from TSMC to MediaTek and Samsung amid strong AI sector gains
Investors are diversifying from TSMC to other AI-related tech firms as MediaTek and Samsung shares soar in 2026.
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Australia extends fuel excise relief by one month to ease rising prices amid Middle East conflict
Australia will extend fuel excise relief until the end of July, keeping petrol and diesel 16 cents per litre cheaper amid global supply disruptions.