China · Business
Same event, multiple sources, transparently cited.
-
Global Gold Demand Stable in Q2 2026 Despite 41% Drop in Chinese Consumption
Global central banks boosted gold reserves by 289 tons in Q2 2026 while China’s gold demand fell 41%, offset by steady global consumption and record central bank buying.
-
Situational Awareness hedge fund sells major AI stocks after losses, seeks new funding
Situational Awareness, founded by ex-OpenAI researcher Leopold Aschenbrenner, sold most AI stock holdings after losses and is seeking new funding.
-
US tariff cuts prompt some companies to shift production back to China
After US tariffs on Chinese goods dropped from 145% to about 23%, some firms have moved production back to China this month.
-
Starbucks Q3 2026 Sales Rise 7.9%, Raises Full-Year EPS Guidance
Starbucks reported stronger-than-expected Q3 results July 29, driving shares higher and boosting 2026 profit outlook.
-
SpaceX shares drop nearly 50% from peak, wiping out $1.2 trillion in market value
SpaceX shares fell about 50% from their June peak by late July, erasing $1.2 trillion in market value amid lock-up sale concerns.
-
China’s June industrial profit growth slows to 15.1%, marking slowest rise this year
China’s industrial profits rose 15.1% in June 2026 from a year earlier, slowing from 21.1% growth in May amid uneven sector recoveries.
-
Volkswagen reports 10% profit drop, plans up to 100,000 job cuts amid China sales slump
Volkswagen’s Q2 operating profit fell nearly 10% to €3.5 billion, with plans to cut up to 100,000 jobs due to worsening China market conditions.
-
JPMorgan relocates over 30 China quant researchers to Singapore and Hong Kong
JPMorgan Chase moved more than 30 quantitative research staff from mainland China to Singapore and Hong Kong in recent months to consolidate its regional hubs.
-
Geely to produce electric SUVs at Ford’s Valencia plant in joint venture
China’s Geely will build electric vehicles at Ford’s Spain factory near Valencia through a JV announced July 23, 2026.
-
Malaysia and Hong Kong sign agreement to simplify dual listings and expand cross-border investment
Malaysia and Hong Kong signed a memorandum of understanding to ease dual IPO listings and broaden cross-border investment products.
-
EU charges JD.com with foreign subsidy violations over $2.5B Ceconomy acquisition
The European Commission has formally charged JD.com under foreign subsidy rules over its $2.5 billion bid for German retailer Ceconomy.
-
Japan’s June trade deficit widens to ¥406.9 billion amid weak yen and costly oil imports
Japan’s trade deficit in June 2026 rose to ¥406.9 billion, driven by higher import costs from a weak yen and soaring oil prices linked to Iran conflict.
-
TSMC to raise chip manufacturing prices up to 10% starting early 2027
TSMC announced a price increase of up to 10% for advanced and mature chip processes effective early 2027.
-
SpaceX to release Q2 2026 earnings on August 4, unlocking 911.5 million shares August 6
SpaceX will publish its first quarterly earnings report as a public company on August 4, triggering a major insider stock lock-up expiration on August 6.
-
Former TSMC deputy manager indicted for stealing trade secrets to aid China’s chip ambitions
Taiwan indicted ex-TSMC deputy manager Chen for stealing 21 trade secret documents to help China’s semiconductor sector.
-
TSMC raises US investment to $265B to meet AI chip demand and counter rivals
TSMC is expanding its Arizona semiconductor investment by $100 billion, lifting total US spend to $265 billion to meet AI chip demand and compete with Intel and Terafab.
-
Christopher Nolan's 'The Odyssey' nets $264 million opening weekend, sets new record
'The Odyssey,' directed by Christopher Nolan, earned about $264 million worldwide in its opening weekend, surpassing his previous box office records.
-
Iran exports 70 million barrels of oil to China during brief US sanction lift
Iran exported about 70 million barrels of crude oil worth up to $6 billion to China from mid-June to mid-July 2026 while the US briefly lifted its oil export sanctions.
-
Apple raises iPhone prices 10% in Japan amid yen depreciation and chip costs
Apple raised iPhone prices in Japan by about 10%, effective July 18, citing yen weakness and rising memory chip costs.
-
UK Government Nationalises British Steel from China's Jingye Over Losses
The UK government took full ownership of British Steel on July 16, ending Jingye Group's control amid heavy losses and job concerns.
-
Italian police raid Bulgari, Chanel and seven other luxury brands over worker exploitation
Italian police raided offices of nine luxury brands including Bulgari and Chanel on July 16 over suspicions of exploiting Chinese workers.
-
JPMorgan CEO Jamie Dimon warns of serious cybersecurity risks from Anthropic's Mythos AI
JPMorgan CEO Jamie Dimon called risks from Anthropic's Mythos AI 'a real issue' and likened broad access to handing out ballistic missiles.
-
Bank of Canada keeps interest rate at 2.25% for sixth straight time
The Bank of Canada held its policy interest rate at 2.25% on July 15, maintaining the level for the sixth consecutive meeting.
-
Toyota raises full-year profit forecast despite Q1 operating profit drop; Nintendo reports strong Q1 net profit growth
Toyota lowered Q1 operating profit but increased full-year forecasts and announced a buyback; Nintendo posted solid Q1 net profit aided by US tariff refunds.