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Update: CXMT Prices $8.6billion IPO, China’s largest since 2010

CXMT, China’s leading DRAM manufacturer, is moving ahead with one of the most consequential tech listings of the year, China's largest in 2026 so far.
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China conducts rare submarine missile test amid emerging Pacific defence bloc

China’s launch of a long-range submarine-fired ballistic missile across the Pacific has jolted regional security dynamics.
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Meta backs away from AI image tool after consent criticism

The episode underscores the tension between AI product expansion and consent in public-facing platforms, especially when user photos and likenesses are involved
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SpaceXAI pushes Grok 4.5 as enterprise play

The release also deepens SpaceXAI’s partnership with Cursor and intensifies its challenge to OpenAI and Anthropic in enterprise AI.
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OpenAI launches GPT-5.6 with Sol, Terra and Luna in a broader rollout

The reaction so far suggests GPT-5.6 will be judged not just by benchmark scores, but by how well it performs in real workflows.
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SK Hynix overtakes Alibaba with largest-ever foreign US listing

The transaction marks the largest US listing ever by a foreign company, surpassing Alibaba’s US$25billion IPO in 2014.
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Super Typhoon Bavi barrels toward China after devastating Pacific crossing

Bavi stands out not just for its strength, but for how long it has remained a major cyclone and how far its effects have spread.
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US–Iran ceasefire collapses as strikes resume, but talks continue

President Trump declared the truce “over” following a rapid exchange of military strikes, yet signaled diplomatic channels remain open through intermediaries.
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Trump threatens trade halt with Spain amid NATO dispute, but legal and political hurdles remain

Trump labeled Spain a “terrible partner,” arguing that countries failing to meet spending expectations should face economic consequences.
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IOC eases Russian suspension, but key Olympic restrictions remain

The decision clears a potential route for Russian athletes to return to international competition and qualify for the Los Angeles 2028 Olympic Games.
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Macron’s historic visit spotlights a new era for Syria, shaken by old threats

Macron wrapped up a historic visit to Damascus this week, marking the first trip by a European Union head of state to Syria since the fall of Bashar al-Assad.
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IMF downgrades global outlook as war and AI pull economy in opposite directions

The balance between geopolitical instability and technological acceleration will likely define economic performance in the years ahead.
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Trump revives Greenland push at NATO summit

Trump’s push for Greenland is rooted in a mix of military strategy, great-power competition, and control over resources.
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Iran buries Khamenei after week of mass funeral rites

Iran has completed the burial of its late Supreme Leader Ayatollah Ali Khamenei in the holy city of Mashhad.
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America marks 250 years with patriotic spectacle, storm disruptions and political tension

The United States's 250th anniversary was marked by official ceremonies, fireworks, military pageantry and weather disruptions.
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JUST&T Married: Taylor Swift and Travis Kelce marry at Madison Square Garden

Taylor Swift and Kansas City Chiefs tight end Travis Kelce were married on July 3, 2026, at Madison Square Garden in New York City.
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Supreme Court rejects Trump bid to end birthright citizenship, preserves longstanding constitutional rule

The Trump administration is already signaling that it will keep pressing the issue through enforcement and legislation to curb birth tourism.
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Ebola cases climb past 1,400 as global health agencies race to respond

The UN warns the epidemic could cost Africa as much as $3.6billion, with Ramaphosa pressing for $1.5billion in economic pledges to be delivered.
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Japan’s yen sinks to a 40-year low as intervention jitters mount

The Japanese yen has fallen to its weakest level in four decades, raising speculation of intervention.
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FT: OpenAI proposes handing US government a 5% stake

The 5% stake would be worth roughly $42.6 billion based on OpenAI’s post-money valuation of $852 billion from its March funding round.
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