China’s economic shift may hinge on what migrant workers do next
Where migrant workers go, what sectors they serve and how many stay employed will shape whether productivity gains go beyond the most advanced sectors
· Zongshuai Fan
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Business & Economy
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Newest first · UTC+11:00Alonso lifts trade-depleted Orioles to 3-1 win over Angels
Baltimore Orioles’ Tyler O’Neill (9) celebrates with Pete Alonso (25) after hitting a home run during the eighth inning of a baseball game against the Los Angeles Angels, Tuesday, Aug. 4, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough)
Wynn sets new opening date for UAE resort and raises costs by $600 million | The National
Casino giant Wynn has set a new September 2027 opening date for its UAE mega resort following construction delays linked in part to the Iran war.
· Rory Reynolds
Inflation eases to 6.2% in July 2026, but still elevated
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· lkyu0285
SF Giants trade deadline: Where 8 new prospects fit in farm system
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· Evan Webeck
Inflation slows further to 6.2% in July
MANILA, Philippines — Slower increases in transport and fuel costs helped bring inflation down to 6.2 percent in July, the Philippine Statistics Authority (PSA) reported on Wednesday.
· Niña Myka Pauline Arceo
[Tech Thoughts] AIs go rogue as OpenAI, Anthropic models hack other companies
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· Victor Barreiro Jr.
SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally
Asian technology stocks surged Wednesday after a strong Wall Street rally overnight that saw robust corporate earnings and easing oil prices push major U.S. indexes to fresh records.
· Lee Ying Shan
UK papers: 'Profits of war' and 'Super-rain'
"Profits of war" leads the Guardian as it says oil companies have made $90bn from the price surge over the Iran war. An environmental NGO quoted in the paper accuses them of "cashing in on human misery" as a "climate crisis engulfs Europe." Elsewhere, the paper's home affairs editor points out that the electronic ta…
· Bbcnews
The Byproduct Ate The Product: Inside America's Proteinmaxxing Cheese Glut
For most of the history of dairy, whey was the stuff you got rid of - the watery byproduct left after milk becomes cheese, fed to hogs or poured out while the actual product went to market. In 2026, with an entire nation proteinmaxxing its way through GLP-1 prescriptions and 40-gram breakfast bars, the 'cheddar' isn…
· Tyler Durden
KRX activates buy-side sidecar for KOSPI on sharp rise
SEOUL, Aug. 5 (Yonhap) -- South Korea's bourse operator on Wednesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) after the index surged, driven by gains in technology stocks.
· Choi Kyong-ae
Bain Capital to buy Taiwan-originated Gong Cha chain for over $635m
Gong Cha has gained popularity for its bubble tea and operates over 2,000 stores in roughly 30 countries and regions worldwide.
· Staff Writer
Homes in Australia are now cheaper – why can’t the government sell this good news story? | Saul Eslake
Ministers love to claim credit for things like cheaper petrol and cheaper pharmaceuticals – why not cheaper housing?
· Saul Eslake
Cannabis companies caught allegedly making false promises
The national medicines watchdog is suing two Australian cannabis companies for allegedly unlawfully advertising medicinal cannabis, including implying that the products had been endorsed by the regulator and health practitioners.
· Kate Aubusson, Rachel Rasker
Are Indonesia’s Prabowo and ultra rich ‘9 Dragons’ on a collision course?
Analysts say the pressure on Indonesia’s older business elite forms part of a broader two-pronged strategy of state capitalism
· Johannes Nugroho
Are Indonesia’s Prabowo and ultra rich ‘9 Dragons’ on a collision course?
Analysts say the pressure on Indonesia’s older business elite forms part of a broader two-pronged strategy of state capitalism
· Johannes Nugroho
Why China’s new sovereign bond sale in Hong Kong is drawing global interest
Arriving hot on the heels of the city’s landmark China government bond futures rollout, the latest tranche reinforces Hong Kong's role as a super-connector
· Daisy Wu
Why China’s new sovereign bond sale in Hong Kong is drawing global interest
Arriving hot on the heels of the city’s landmark China government bond futures rollout, the latest tranche reinforces Hong Kong's role as a super-connector
· Daisy Wu
Tech industry slams ‘cosmetic’ changes to news levy, US renews ‘extortion’ claim
Washington: US industry has slammed “cosmetic” changes to Australia’s plans to force big tech companies to pay for news, while the Trump administration renewed its position that the policy extorts American companies.
· Michael Koziol
AP test scores sky-rocketed after pandemic — raising grade inflation criticism for college prep courses
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· Alex Oliveira
Outback town says grid connection key to capturing AI investment
Wed 5 Aug 2026 at 9:21am
· Tim Little
Innovation platform buys Hong Kong office tower as state-linked buyers seek bargains
Analysts say purchase adds to signs that state-backed buyers from mainland are taking advantage of lower prices for commercial properties
· Peggy Ye
Innovation platform buys Hong Kong office tower as state-linked buyers seek bargains
Analysts say purchase adds to signs that state-backed buyers from mainland are taking advantage of lower prices for commercial properties
· Peggy Ye
[In This Economy] Ano ang pakinabang mo sa mga ipinangako sa SONA 2026?
Raphael Reyes/Rappler
· gdecastro0289
Newly acquired Rutschman hoping to make Red Sox debut soon
Baltimore Orioles’ Adley Rutschman, left, Texas Rangers pitcher Jacob Latz talk in the seventh inning during the MLB baseball All-Star Game between the American League and National League, Tuesday, July 14, 2026, in Philadelphia. (AP Photo/Matt Slocum)
· Doug Alden
This Is The Income Needed To Be Happy In 50 US Cities
How much money does it take before earning more no longer makes people happier? Researchers call this threshold the satiation point, and it varies considerably across the United States.
· Tyler Durden
Haterade reaches epic level as Dodgers’ Tarik Skubal trade prompts Wrigley Field flyover
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· Ryan Anderson
Beekeepers urge growers to add pollination services to their business plan
Wed 5 Aug 2026 at 8:34am
· Aimee Mitchell
From Forward Guidance To Market Guidance: Warsh's Reflexive Wrecking Ball?
Authored by Nohshad Shah, Citadel Securities EMEA Head of Fixed Income,
· Tyler Durden
Moment Russian drone chases Ukrainian market trader
Products & ServicesOpen Products & Services section
Daikin posts higher profit on AC sales driven by European heat waves
Data centers and European heat waves buoyed Daikin Industries' operating profit to a record April-June high. (Photo by Kento Awashima)
· Staff Writer
SpaceX reports 92% revenue jump in first post-IPO earnings
SpaceX, which went public in June, has three business segments: space, connectivity and AI. © Reuters
· Staff Writer
Ukrainian market trader chased by Russian drone
Products & ServicesOpen Products & Services section
Live: ASX to rise after Trump official says deal with Iran may happen 'tomorrow'
Topic:Financial Markets
· David Chau
SpaceX revenue surges in debut results, with strong growth in Starlink business | The National
SpaceX on Tuesday reported a 92 per cent rise in revenue for the April-June quarter – in its first earnings report since going public – buoyed by strong growth in its Starlink satellite-internet and artificial intelligence businesses.
· The National
Jetstar to charge passengers up to $52 to put baggage in overhead lockers
Airline says struggling to find room in overhead lockers on planes a ‘stressful part of the airport experience’
· Guardian staff
Australia news live: Jetstar to charge passengers for overhead baggage; Labor drops so-called ‘widow tax’
Airline removes carry-on weight limit but will charge for bags that don’t fit under seat. Follow today’s news live
· Nick Visser, Krishani Dhanji
How ‘evil’ was the British Empire? Centuries of theft and destruction
From Indian colonisation to the opium trade, an empire of avarice and brutality was powered by the East India Company
· Alex Lo
How ‘evil’ was the British Empire? Centuries of theft and destruction
From Indian colonisation to the opium trade, an empire of avarice and brutality was powered by the East India Company
· Alex Lo
Paramount CEO says politics fueling Warner Bros. merger battle
WASHINGTON — Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share.
· Agence France-Presse
Mamdani is nothing but hostile to NYC business community — but leaders still won’t stand up to him
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· Charles Gasparino
Apple asks judge to slam breaks on OpenAI’s hardware ambitions, latest twist in high-stakes suit
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· James Franey
Way more Americans are worried about cost of food, healthcare than the stock market: poll
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· Anthony Blair
After share price crash following IPO, SpaceX to report first earnings as a public company
Company beat analysts’ predictions with a revenue jump of 92% since June, following stock plummet after IPO
· Dara Kerr
US stock market hits record highs as AI profits pile and oil prices ease
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months ago
· Associated Press
McDonald's reports slower US sales in 2nd quarter
NEW YORK — McDonald's reported slower sales growth in the US market in the second quarter as executives blamed too many simultaneous promotional offers, including a World Cup campaign that disappointed.
· Agence France-Presse
EU sets new Russian gas record despite ban plans – data
The EU has been importing record volumes of Russian liquefied natural gas (LNG) despite a push to fully stop imports from Russia, Bloomberg has reported. Plans exist to end long-term imports of Russian LNG from next year after the EU already banned purchases under new short-term contracts. Yet its latest watered-dow…
· RT
Luke Weaver posts heartfelt goodbye to Mets after trade as part of sell-off
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· Spencer Brod
SpaceX reports 92% revenue surge despite Wall Street AI jitters — first report card since historic IPO
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· Marc Vartabedian
College students’ use of AI has surged — despite boos at graduation ceremonies
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· mvartabediancap, Marc Vartabedian