AI supplier Innolight slides after Asia's second-biggest listing of 2026
Zhongji Innolight's Chairman and President Liu Sheng, center, attends a listing ceremony with other executives in Hong Kong on July 30. (Photo by Gloria Li)
· Staff Writer
Follow the story
Business & Economy
A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
Neutral reports only
Newest first · UTC+11:00Why Nvidia and others in Silicon Valley oppose a US ban on Chinese AI
The Trump administration and tech companies are taking different views of how to respond to the rise of Chinese AI models. (Nikkei montage/Source photos by Reuters and Getty Images)
· Staff Writer
Upper arm of China’s K-shaped economy both a blessing and a curse
China’s two-speed economy stems from the shift to new growth engines but the export boom it has created is doing little for jobs or consumption
· Nicholas Spiro
Upper arm of China’s K-shaped economy both a blessing and a curse
China’s two-speed economy stems from the shift to new growth engines but the export boom it has created is doing little for jobs or consumption
· Nicholas Spiro
BYD, other Chinese brands launch hybrid models in Indonesia
Jetour, a sub-brand of EV maker Chery, is among the Chinese brands rolling out plug-in hybrid models at the Gaikindo Indonesia International Auto Show near Jakarta from July 30 to Aug. 9. (Photo by Tomoyoshi Oshikiri)
· Staff Writer
New US ambassador Steel vows to strengthen 'ironclad' alliance upon arrival in Seoul
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Star Magic explains resurfaced Kim Chiu interview amid sister case
MANILA, Philippines — Star Magic has issued a statement to clarify a resurfaced interview featuring Kim Chiu and her sister, saying the actress' remarks were made years before she uncovered alleged financial irregularities that led to a criminal complaint against Lakambini "Lakam" Chiu.
· Iza Iglesias
They claim they didn’t know the rules. So why go to such absurd lengths to hide the cash?
In politics, where players often spend more time tearing down those on their own team than the opposing side, branch stacking is a time-honoured tradition. All parties do it. All factions engage in it. A hostile takeover of a branch, which allows the victors greater power to pursue their own agenda, can be an ugly a…
· Bevan Shields
BYD to debut first humanoid robots in August as rivalry with Tesla intensifies
China’s electric car giant plans to unveil the humanoids at its Di Space showrooms within weeks, as it takes on Elon Musk’s firm in physical AI
· Daniel Ren
BYD to debut first humanoid robots in August as rivalry with Tesla intensifies
China’s electric car giant plans to unveil the humanoids at its Di Space showrooms within weeks, as it takes on Elon Musk’s firm in physical AI
· Daniel Ren
Malacañang calls for accountability after bank testimony on Duterte's withdrawal records
MANILA, Philippines — Malacañang on Thursday stressed the need for transparency and financial accountability following testimony from bank officials regarding the withdrawal of confidential funds made by Vice President Sara Duterte.
· Allen Limos
Nissan and Daihatsu production still halted by Kumamoto earthquake
Hiroshima City Waterworks Bureau staff fill a Japan Self-Defense Forces water supply truck in Uki, Kumamoto prefecture, on July 30. A major earthquake that struck the prefecture on July 28 continues to affect business operations. (Photo by Akitoshi Sugiura)
· Staff Writer
S. Korean won advances as Fed holds rate steady
SEOUL, July 30 (Yonhap) -- The South Korean won strengthened to a fresh five-month high against the U.S. dollar Thursday, after the U.S. Federal Reserve held its benchmark interest rate steady.
· Deok-Hyun Kim
Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Rolls-Royce on Thursday hiked its full-year profit and cash flow guidance after strong earnings for the first half of the year, with the British engineering group benefiting from robust demand across its civil aerospace, defense and power systems businesses.
· Elsa Ohlen
Seoul shares again dip over 1% after 2-day deep rout amid AI spending concerns
Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks following deep declines over the previous two sessions amid concerns over artificial intelligence spending and uncertainty about the Federal Reserve's interest rate outlook.
· Yonhap
China’s corporate crackdown: insider trading fines and bans intensify
Regulators intensify pursuit of corporate insiders, imposing fines and bans to restore stock market confidence amid widespread violations
· Daisy Wu
China’s corporate crackdown: insider trading fines and bans intensify
Regulators intensify pursuit of corporate insiders, imposing fines and bans to restore stock market confidence amid widespread violations
· Daisy Wu
30-year yield hovers near 2007 high as traders weigh Fed decision to holds rates steady
U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve's decision to hold interest rates steady and sought insight on future monetary policy decisions.
· Sarah Min, Sawdah Bhaimiya
‘I’m just trying to live’: Young Aussie mum describes heartbreaking reality of inflation
Products & ServicesOpen Products & Services section
China’s Politburo pledges policy support, spending to counteract sluggish growth
The high-level decision-making body said ‘more balanced’ trade development would be needed for the remainder of the year
· Xinyi Wu
China’s Politburo pledges policy support, spending to counteract sluggish growth
The high-level decision-making body said ‘more balanced’ trade development would be needed for the remainder of the year
· Xinyi Wu
Beetaloo brings in Halliburton for Top End data centre push
Beetaloo Energy has brought global oilfield services giant Halliburton into the fold for its ambitious Beetaloo Digital development in the Northern Territory, signing a memorandum of understanding (MoU) to advance the integrated gas-to-data centre project.
· Andrew Todd
Viking maps out US tungsten processing pathway
Viking Mines has banged a significant technical peg in the ground at its Linka tungsten project in Nevada, USA, with an independent concept study confirming a clear and conventional processing pathway just as a drill rig arrives on site to spin the rods at the historic operation for the first time in almost half-a-c…
· Murray Ward
Seoul shares again dip over 1 pct after 2-day deep rout amid AI spending concerns
SEOUL, July 30 (Yonhap) -- Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks following deep declines over the previous two sessions amid concerns over artificial intelligence (AI) spending and uncertainty about the Federal Reserve's interest rate outlook.
· Choi Kyong-ae
Godolphin confirms broad NSW copper-gold porphyry at Goodrich
Godolphin Resources has strengthened the case for a potentially sizeable copper-gold porphyry discovery in central New South Wales after drilling at its Goodrich project returned broad mineralised zones starting close to surface.
· Doug Bright
Refreshed Alabang Town Center? What shoppers can expect now that Rockwell has near-full control.
Already have Rappler+? Sign in to listen to groundbreaking journalism.
· lkyu0285
Devices are growing more expensive. Will China's memory chips help?
Thu 30 Jul 2026 at 4:28pm
· Doug Dingwall
What to eat at Night Feast 2026
The month-long festival when some of the city’s most coveted restaurants — including Clarence, Pilloni and Central — serve up market-style dishes and bites kicked off last night at the Brisbane Powerhouse. Night Feast will run until Sunday until 23 August, and it’s not just about food. The immersive event includes a…
· Neesha Sinnya
Hyundai chief visits Brazil as automaker steps up SUV, EV push
Hyundai Motor Group plans to expand its SUV lineup, pursue local production of electric vehicles and strengthen research and development in Brazil as Chinese automakers rapidly gain ground in Latin America’s largest auto market.
· Ahn Sung-mi
‘Shy’ Chinese Elon Musk lookalike chef draws photo-seeking crowds, prefers work over fame
Several individuals have approached Ma with business opportunities, but he chooses to prioritise his restaurant over live-streaming
· Zoey Zhang
‘Shy’ Chinese Elon Musk lookalike chef draws photo-seeking crowds, prefers work over fame
Several individuals have approached Ma with business opportunities, but he chooses to prioritise his restaurant over live-streaming
· Zoey Zhang
Step up in home approvals – just as rates and tax changes hit
The largest number of building approvals in five years will struggle to make a dent in pent-up demand for new homes as signs grow the federal government’s property tax changes are weighing on the property market.
· Shane Wright
Australia faces new fuel warning as Iran war spreads to Red Sea
Australian motorists are facing the prospect of another surge in petrol and diesel prices, with Ampol warning the expanding conflict in the Middle East is driving up global oil and refined fuel costs just as the Albanese government’s 16¢-a-litre excise relief is due to end.
· Nick Toscano
Adnoc Drilling delivers record second-quarter profit as operations continue despite war | The National
Adnoc Drilling posted a record second-quarter profit as revenue jumped and its operations continued despite regional geopolitical uncertainty.
· Sarmad Khan
Qatar sends first LNG shipment through Strait of Hormuz since tanker attack | The National
Qatar has sent its first shipment of liquefied natural gas through the Strait of Hormuz since one of its tankers was attacked in the waterway more than three weeks ago.
· Bloomberg
Samsung SDI posts first profit in seven quarters
Samsung SDI reported an operating profit for the second quarter, its first in seven quarters, and the figure far exceeded market expectations.
· Moon Joon-hyun
PLS to boost output as Australian lithium miners look to grow
Australian miner PLS is looking to expand lithium output as demand rises. (Screenshot from the PLS website)
· Staff Writer
Trading hub ambitions see Hong Kong’s gold imports hit 11-year high in June
Investor appetite, international precious metals trading hub ambitions drive growth as imports hit highest volume since late 2014
· Daisy Wu
Trading hub ambitions see Hong Kong’s gold imports hit 11-year high in June
Investor appetite, international precious metals trading hub ambitions drive growth as imports hit highest volume since late 2014
· Daisy Wu
AI supplier Innolight falls 10% after Asia's second-biggest listing of 2026
Zhongji Innolight's Chairman and President Liu Sheng, center, attends a listing ceremony with other executives in Hong Kong on July 30. (Photo by Gloria Li)
· Staff Writer
The Strait of Hormuz is just one trade chokepoint facing a new era of maritime warfare
The Strait of Hormuz is rattling global trade, but the waterway is just one example of a vital maritime corridor becoming a frontline, in a new age of drones and missiles targeting economic lifelines.
· Chloe Taylor, Sam Meredith, Lee Ying Shan
Buckle up for the banks’ mortgage war! Home loans have fallen off a cliff
July 30, 2026 — 3:16pm
· Elizabeth Knight
Oil prices slip and Asian shares mostly fall as chipmakers extend losses
A currency trader talks on the phone at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Thursday, July 30, 2026. (AP Photo/Ahn Young-joon)
· Chan Ho Him
Iran war drives Asia EV boost but China slowdown weighs on overall sales
BYD cars are displayed at the Bangkok International Motor Show in Thailand on March 23. Sales of EVs in Southeast Asia jumped 62% on the year between March and June, led by Thailand, Vietnam and Indonesia, according to the International Energy Agency. (Photo by Ken Kobayashi)
· SAYAN CHAKRABORTY
Here’s why Europe’s hot summers are becoming an expensive challenge
Europe's increasingly extreme summers are becoming an economic problem, with more frequent heatwaves driving up costs, disrupting businesses and weighing on growth.
· Sawdah Bhaimiya
Here’s why Europe’s hot summers are becoming an expensive challenge
Europe's increasingly extreme summers are becoming an economic problem, with more frequent heatwaves driving up costs, disrupting businesses and weighing on growth.
· Sawdah Bhaimiya
Hong Kong official slams ‘bias against China’ after new article by Stephen Roach
US economist writes that ‘Hong Kong of old is over’ but deputy finance chief, without naming specific critics, defends city’s international appeal
· Vivian Au
Hong Kong official slams ‘bias against China’ after new article by Stephen Roach
US economist writes that ‘Hong Kong of old is over’ but deputy finance chief, without naming specific critics, defends city’s international appeal
· Vivian Au
Daewoong's botulinum toxin Nabota enters Kuwait
Latest rollout is 7th market in Middle East for any Korean botulinum toxin producer
· Kan Hyeong-woo