Hong Kong’s assets under management surged 20% to reach a record $5.38 trillion in 2025, driven by strong net fund inflows and international investors. Meanwhile, Indonesia’s banking sector faces headwinds as capital flight hampers wealth management expansion amid shifting investor confidence. Record Growth and Fund Inflows Drive Hong Kong’s Wealth Surge Hong Kong’s assets under … Read more
European markets climbed broadly in late July 2026, weathering military escalation in the Middle East and a 3% surge in oil prices as strong corporate earnings across mining, luxury goods, and banking sectors overshadowed wider macroeconomic anxiety and tech-sector sell-offs. European stock indexes closed higher on Tuesday, July 21, 2026, demonstrating resilience in the face … Read more
Nigeria has fallen to fourth place as a destination for startup funding in Africa, trailing behind Kenya, South Africa, and Egypt. The decline was highlighted by Engr. Leye Kupoluyi, President of the Lagos Chamber of Commerce and Industry (LCCI), who warned that the country risks losing its status as the continent’s leading technology hub without … Read more
BMW is preparing to launch an electric M3 in 2027, as revealed through the M Concept Neue Klasse. The high-performance EV will feature four electric motors, 800-volt technology, and a battery exceeding 100 kWh, signaling a shift toward a dual-track strategy that maintains both internal combustion and electric M3 versions. The company recently released new … Read more
Beijing-based startup Xingchen Daohe, also known as Stars Harmony, secured approximately $14.8 million in July 2026 to develop the Guanlan constellation. This satellite network aims to provide continuous space-based monitoring and tracking of orbital objects to support collision avoidance and space traffic management for civil and military operators. The capital injection for Stars Harmony comes … Read more
American Airlines resumed operations on July 28, 2026, after a brief IT outage triggered a nationwide ground stop by the Federal Aviation Administration. The disruption, which lasted less than an hour, affected flights and regional affiliates starting around 6:30 p.m. ET, though localized delays persisted at the Charlotte Douglas International Airport hub. Connectivity failures are … Read more
Ferrovial reported a net profit of 258 million euros for the first half of 2026, marking a 52% decline year-over-year due to asset rotation gains recorded in 2025. Despite lower net income, the infrastructure giant saw revenue grow to €4.7 mil millones, driven by strong operational performance and toll road traffic across North America. Infrastructure … Read more
Ford Motor raised its full-year earnings forecast for 2026 after beating Wall Street expectations for the second quarter, driven by higher vehicle pricing, strong product sales mix, and operational improvements despite a decline in overall quarterly revenue. Ford Motor raised its 2026 earnings forecast on Tuesday after posting a stronger-than-expected second quarter, even as overall … Read more
U.S. stock markets experienced a volatile session on Tuesday, July 28, 2026, as the Dow Jones Industrial Average climbed over 500 points amid sliding oil prices and a broader sector rotation away from chip stocks, while investors braced for upcoming Federal Reserve policy decisions and tech earnings. Wall Street’s major indexes split on Tuesday as … Read more
Qantas completed a marathon 24-hour and 24-minute test flight from Melbourne to Toulouse on Tuesday, utilizing a specially adapted Airbus A350-1000ULR to pave the way for non-stop Sydney-to-London commercial services slated to begin in October 2027. Commercial aviation reached a new milestone when a specially adapted Airbus jet landed in Toulouse on Tuesday following a … Read more