Business

HONG KONG / RankWire.AI / – Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will …

BUSAN, SOUTH KOREA / RankWire.AI / – South Korea has begun its first container ship trial through the Arctic to Europe. The 2,758-TEU PanStar Acro left Busan New Port at …

TOKYO, JAPAN / RankWire.AI / – Japan’s imports and exports both reached record monthly highs in July 2026, as energy costs and semiconductor demand lifted the value of trade. Imports …

NEW YORK / RankWire.AI / – U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a …

SEOUL, SOUTH KOREA / RankWire.AI / – South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever …

NEW YORK / RankWire.AI / – Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur …

NETHERLANDS / RankWire.AI / – Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated …

DENMARK / RankWire.AI / – Denmark’s annual consumer price inflation eased to 1.7% in July from 1.9% in June, official data showed. Statistics Denmark said the consumer price index rose …

NEW YORK / RankWire.AI / – Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an …

SEOUL, SOUTH KOREA / RankWire.AI / – Fresh vegetable prices have surged in South Korea as prolonged extreme heat reduced shipments and damaged farm output nationwide. Korea Agro-Fisheries & Food …