News

Note: This section contains information in English only.
Tue, 07 Apr 2026 03:30:04 GMT

China's AI Adoption Gap

Ex-OpenAI's Zack Kass says rigid hierarchies slow Chinese firms' AI adoption vs US. While consumers embrace tech like OpenClaw, enterprise lag remains.

Mon, 06 Apr 2026 21:30:06 GMT

OPEC+ Raises Output Quotas

OPEC+ agreed to boost May output by 206,000 bpd. The move is largely symbolic while the Strait of Hormuz remains closed, but signals future supply readiness.

Mon, 06 Apr 2026 18:30:03 GMT

United Hikes Bag Fees

United raised checked bag fees by $10 to $45–$50 as jet fuel costs double. The hike follows JetBlue as airlines struggle with expenses driven by the Iran war.

Mon, 06 Apr 2026 15:30:05 GMT

Private Jet Costs Soar

Private flight costs rose 20% as fuel hits $4.65/gallon amid the Iran war. Surcharges are climbing, yet airport delays keep demand for charter travel high.

Mon, 06 Apr 2026 12:30:04 GMT

EU Windfall Tax Proposed

Five EU nations urged a bloc-wide windfall tax on energy firms as Iran war prices spike. The move aims to combat rising inflation and protect households

Mon, 06 Apr 2026 09:30:04 GMT

Microsoft Copilot Sales Gain

Microsoft hit bold March quarter targets for its Copilot AI after revamping its sales strategy. The boost follows a 23% stock dip and concerns over low adoption.

Mon, 06 Apr 2026 06:30:05 GMT

India Resumes Iranian Oil Imports

India made its first Iranian oil purchase in seven years after the U.S. eased sanctions. The deal secures crude supplies amid war-driven Middle East disruptions.

Mon, 06 Apr 2026 03:30:05 GMT

Trump Issues Iran Ultimatum

Trump vowed to strike Iran's infrastructure if the Strait of Hormuz isn't opened by Tuesday. He also confirmed the rescue of the final US airman shot down.

Fri, 03 Apr 2026 12:30:05 GMT

Amazon Eyes Globalstar Deal

Amazon is in talks to buy Globalstar for $9B to rival SpaceX's Starlink. Globalstar shares rose 24%, though Apple's 20% stake remains a complicating factor.

Fri, 03 Apr 2026 09:30:05 GMT

US Shutdown Deal Reached

Republicans reached a deal to end the record-long partial shutdown. The plan funds DHS via two packages, aiming to restore airport security and ICE operations.

Fri, 03 Apr 2026 06:30:05 GMT

Visa Unveils AI Dispute Tools

Visa launched AI tools for merchants and banks to automate disputes and cut costs. In 2025, cases hit a record 106 million, a 35% increase since 2019.

Fri, 03 Apr 2026 03:30:06 GMT

UK Jet Fuel Supply Risk

Ryanair warns the UK is vulnerable to fuel shortages due to its reliance on Kuwait amid the Iran war. Summer flight cancellations are possible if supply drops.

Thu, 02 Apr 2026 21:30:07 GMT

Singapore Expands Dell Fraud Case

Jenny Lim was charged for misleading Dell about server end-users. She allegedly conspired with two others in a case involving Aperia International.

Thu, 02 Apr 2026 18:35:03 GMT

US Auto Sales Dip

GM and Toyota reported lower Q1 sales due to high interest rates and fuel costs. Total US sales fell 5.3%, but demand for hybrids and SUVs remains resilient.

Thu, 02 Apr 2026 18:30:04 GMT

India Pushes Piped Gas Shift

India is leveraging an LPG crisis from the Iran war to expand piped gas networks. The move aims to cut reliance on costly imports and reduce government fuel subsidies.

Thu, 02 Apr 2026 15:30:05 GMT

Australia Job Vacancies Rise

Australian vacancies rose 2.7% in the February quarter to 337,900, hitting a one-year high. Strong retail and construction gains signal a robust labor market.

Thu, 02 Apr 2026 12:30:09 GMT

SpaceX's $1.75T IPO

SpaceX taps 21 banks for a June IPO at a $1.75T valuation. Morgan Stanley and Goldman lead the fleet.

Thu, 02 Apr 2026 09:30:10 GMT

Japan's Tankan Surprise

Large Japanese manufacturers hit a 4-year optimism high of 17, defying the shadow of the Iran war.

Thu, 02 Apr 2026 03:30:09 GMT

OpenAI's $122B Round

OpenAI achieved a $852B valuation after closing a record $122B funding round, backed by Nvidia and SoftBank.

Wed, 01 Apr 2026 21:30:05 GMT

HKETO Spying Trial

Bill Yuen, a manager at the Hong Kong Economic and Trade Office in London, denied running a shadow spy network during his UK national security trial.

Wed, 01 Apr 2026 18:30:03 GMT

US Iran Exit

Trump announced a US withdrawal from Iran within 2 to 3 weeks, declaring nuclear goals achieved despite Pentagon warnings of remaining missile threats.

Wed, 01 Apr 2026 15:30:06 GMT

Mastercard's AI Payment

Mastercard launched its first agentic transaction in Hong Kong. An AI agent successfully booked and paid for an airport ride via hoppa, partnering with HSBC and DBS.

Wed, 01 Apr 2026 12:30:09 GMT

Beyond Meat's Struggles

Beyond Meat missed Q4 sales with down 20% and a $69M EBITDA loss. High prices and low demand continue to hurt the brand, which also delayed its annual report due to accounting weaknesses.

Wed, 01 Apr 2026 09:30:13 GMT

Oracle's AI Pivot

Oracle is cutting thousands of jobs for a $2.1B AI shift. Washington loses 491 roles. Shares rose 5% on the cost reset.

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