China restaurant sparks debate after selling simple tomato scrambled egg dish for US$75
Shanghai eatery grabs eyeballs on social media after pricing common cooked food item dozens of times above market average
· Alice Yan
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Newest first · UTC+11:00Japan AI chip startup taps Malaysia's Oppstar to gear up for production
Tokyo Artisan Intelligence CEO Hiroki Nakahara, third from left, shakes hands with Oppstar co-CEO Ng Meng Thai at a signing ceremony in Kuala Lumpur in June. (Selangor Information Technology & Digital Economy Corp.)
· TSUBASA SURUGA
Customs agency uncovers 770 bln won worth of trade security violations
SEOUL, July 6 (Yonhap) -- South Korea's customs agency said Monday it has detected a total of 770.3 billion won (US$503 million) worth of trade security violations in the first five months of this year, in line with the government's efforts to root out illegal activities.
· Kang Yoon-seung
Can China’s budget brands crack developed markets? Mixue shows it won’t be easy
Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies
· Alice Li
Can China’s budget brands crack developed markets? Mixue shows it won’t be easy
Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies
· Alice Li
Supertanker tycoon is making millions from ‘dark’ Hormuz shuttle runs
Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz. Before long, the covert project became so successful that the United Arab Emirates was already approaching its pre-war rate of flows through the waterway by the time the US and Ira…
· Weilun Soon, Alex Longley, Anthony Di Paola
South Korea Plans Investment Fund From Chip Tax Revenue
At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeon…
· Tyler Durden
Gov't vows support for AI-driven growth of service industry
South Korea will make efforts to revamp regulations and accelerate the adoption of artificial intelligence technologies in the service sector, the finance ministry said Monday.
· Yonhap
Seoul shares open higher on tech gains
Seoul shares opened higher Monday on gains made by technology companies ahead of the release of major companies' second-quarter earnings results.
· Yonhap
As tech rallies and consumer shares lag, China’s stock market forms microcosm for economy
The stock market catalogues China’s uneven growth, as manufacturing expands and consumption falls
· Zhang Shidong
As tech rallies and consumer shares lag, China’s stock market forms microcosm for economy
The stock market catalogues China’s uneven growth, as manufacturing expands and consumption falls
· Zhang Shidong
Seoul shares open 1.06 pct higher on tech gains
SEOUL, July 6 (Yonhap) -- Seoul shares opened higher Monday on gains made by technology companies ahead of the release of major companies' second-quarter earnings results.
· Choi Kyong-ae
Gov't vows support for AI-driven growth of service industry
SEOUL, July 6 (Yonhap) -- South Korea will make efforts to revamp regulations and accelerate the adoption of artificial intelligence (AI) technologies in the service sector, the finance ministry said Monday.
· Kang Yoon-seung
Detroit Tigers trade S. Korean reliever Go Woo-suk to Minnesota Twins: reports
SEOUL, July 6 (Yonhap) -- The Detroit Tigers have reportedly traded reliever Go Woo-suk to the Minnesota Twins, putting the South Korean pitcher on the verge of a major league debut.
· Yoo Jee-ho
China’s carmakers are rewriting Europe’s auto hierarchy as Japanese rivals lose ground
But the rapid gains could slow if the EU widens tariffs on plug-in hybrid electric vehicles, analysts said
· Themis Qi
China’s carmakers are rewriting Europe’s auto hierarchy as Japanese rivals lose ground
But the rapid gains could slow if the EU widens tariffs on plug-in hybrid electric vehicles, analysts said
· Themis Qi
S. Korea launches around-the-clock FX trading, vows to improve access to won
SEOUL, July 6 (Yonhap) -- South Korea will continue its efforts to improve foreign investors' access to the country's financial market as it launches around-the-clock foreign exchange trading, the finance minister said Monday.
· Kang Yoon-seung
Tracking The Caribbean Super Yacht Migration
The superyacht season across the Caribbean and the Gulf of America has shifted into the off-season, with hurricane season now roughly a month in. As tropical activity risks rise across the Atlantic basin, some owners and charter fleets have shifted pleasure yachts and sailboats toward the Mediterranean, where the su…
· Tyler Durden
[Graphic News] Samsung Wallet remains Korea’s top payments app
Samsung Wallet retained its position as South Korea’s most-used mobile payments app in May, attracting more than 19 million monthly active users, while major rivals such as Kakao Pay, KB Pay and Naver Pay posted record user numbers, intensifying competition in the fast-growing digital payments market.
· Nam Kyung-don
A global hub for fake luxury goods, Vietnam cracks down on its black market
Bags from French designer label Louis Vuitton are among the most popular in the fake designer market
· Bbcnews
OPEC+ approves further oil output increase as Strait of Hormuz exports recover
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· Reuters
Australia news live: Crisafulli promises harsher youth bail laws; auction clearances below 50% again
Queensland premier vows to imprison more youth offenders at party state conference. Follow today’s news live
· Nick Visser, Joe Hinchliffe
Taiwan's wealth flows into Japan real estate as mainland Chinese retreat
TOKYO -- Just 20 minutes away by monorail from Haneda Airport in Tokyo is a waterfront area called Tennozu where high-rise condominiums tower over Tokyo Bay to the east. Residents can look westward toward Shinagawa Station, one of Tokyo's busiest transportation hubs, where Japan's maglev trains are expected to begin…
· MAKI SAGAMI
[Yoo Choon-sik] Korea’s trillion-dollar AI push meets skepticism
Buoyed by soaring prices of high-performance semiconductors for the AI industry that the country exports, the South Korean government early last week unveiled medium- to long-term investment plans totaling some $1 trillion. But the announcement failed to win much enthusiasm from financial markets or overseas industr…
· Korea Herald
[Fiona E. Murray, Robert Murray] NATO needs defense market
When World War II began in 1939, Canada had almost no meaningful military industry. Six years later, Canadian factories had produced thousands of aircraft, hundreds of naval vessels and more than 800,000 military vehicles.
· Korea Herald
ASX to fall amid AI jitters, oil drops
Australian shares expected to fall slightly after rallying last week following strong gains by gold miners. Futures on Monday are pointing to a slide of 0.4 per cent at the opening bell and the Australian dollar is trading higher around 69.38 US cents at 6am AEDT.
· Andre Janse van Vuuren, Stan Choe
'Israel must not lose this opportunity': Former Biden official warns about Israel's role in IMEC
Israel must not miss the chance to form part of the India-Middle East-Europe Economic Corridor (IMEC), a former Biden administration official told The Jerusalem Post on Thursday.
· TOBIAS HOLCMAN
Why more Australians are turning to this $350 billion investment pool
LIVE, FREE and EXCLUSIVE
· Sbsaustralia
Labor’s streaming carve-out for gambling ads is a step backwards, says chief reform advocate
Prominent gambling reform advocate Tim Costello has blasted the government’s new advertising rules for streaming services as being much worse than the status quo, accusing Labor of removing existing protections to favour sports betting companies at the expense of families.
· Natassia Chrysanthos
Uptown retail booming on Manhattan’s Second Avenue
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· Steve Cuozzo
Former PM Philippe slams far right as two-faced at first major campaign rally
PARIS — French presidential hopeful Edouard Philippe used his first major campaign rally in Paris on Sunday to launch a scathing attack on the National Rally, hitting the polls-leading far-right party as unprincipled and opportunistic.
· Clea Caulcutt
Billionaires’ Row tower signs new tenant
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· Steve Cuozzo
‘Could be a risk’: AI craze fuels double-digit return for super funds
Superannuation giants do not believe the artificial intelligence craze has created a sharemarket bubble, but they acknowledge the risks posed by surging valuations and market euphoria surrounding the much-hyped technology.
· Clancy Yeates
The 'dirty little secret' in active funds management and ETFs boom
Mon 6 Jul 2026 at 5:00am
· David Taylor
ProphetX promo code NYPBONUS: Trade $10, Get $20 on Spain vs. Portugal
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· Sean Treppedi
Mysterious Manhattan building up for sale for first time in more than a decade
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· Steve Cuozzo
Egypt’s President el-Sisi inaugurates massive new military headquarters
The Octagon near Cairo has replaced the Pentagon, the US Defence Department’s HQ, as the world’s largest defence ministry building
· dpa
EasyJet reaches 'agreement in principle' over potential takeover
EasyJet has reached an agreement in principle with a US investment firm over a potential takeover offer worth around £5.2 billion.
· Bbcnews
French President Macron set to visit Syria to expand political and economic ties - analysis
Syrian state media SANA confirmed reports over the last several days that French President Emmanuel Macron is expected to visit Syria for talks in the coming weeks.
· SETH J. FRANTZMAN
EasyJet agrees to £5bn takeover by US investment firm
Agreement in principle with Castlelake follows several rejected offers and means UK’s biggest low-cost carrier will be taken private
· Jasper Jolly
Former UK minister demands reparations from Britain’s ex-colonies
Former British Home Secretary Suella Braverman has called for Britain’s former colonies to pay reparations to London for the "investment, effort and contribution" she claims the empire made in building them.
· Middleeasteye
What are the latest allegations about Nigel Farage’s funding?
Reform UK leader received financial support from a convicted fraudster for staffing, security and housing
· Jamie Grierson
Organized crime costs Israel's economy around NIS 23 billion per year, data shows
A new study from Hashomer Hachadash and the Rifman Institute for Negev Development has found that organized crime costs Israel’s economy approximately NIS 23 billion and each household around NIS 8,000 a year.
· GOLDIE KATZ
Trump approval level falls to record lows as Americans belived Iran war not worth the cost - report
Most US voters think the war with Iran was not worth the cost, according to a Sunday poll by the Financial Times, with the $67 billion the White House asked Congress to cover war expenses viewed as too high relative to the objectives achieved during the conflict.
· TOBIAS HOLCMAN
BP weighs quitting offshore wind farm project in northern Japan
BP is looking to pull out of a Japanese offshore wind power project in which it is believed to hold a stake of about 25%. (Nikkei montage/Source photos by Nikkei and Reuters)
· Staff Writer
Food Retailers Troubled By This Chart
Consumer staples and food retail equity analyst Scott Marks at Jefferies told clients Saturday that one of the most concerning charts for food retailers is the sharp decline in average benefits per SNAP participant under the Trump administration, as the USDA intensifies efforts to root out fraud, waste, and abuse.
· Tyler Durden
Mamdani fancies himself a financial whiz — he’s in for a NYC budget surprise come January
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· John Ketcham
Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports
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· Reuters
India eyes oil exploration expansion after Middle East war shortages
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· The Manila Times