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Trip.com Fined SGD 1.05B by China for Hotel Booking Monopoly
China fines Trip.com 5.2 billion yuan (SGD 1.05B) for monopoly abuse in hotel booking. TCOM stock faces regulatory headwinds after record penalty.
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
Australian Shares Fall as Oil Prices Surge Above $100 and Inflation Fears Return
Australian shares slipped on July 24, 2026, after oil prices climbed above US$100 per barrel, bringing inflation concerns back into focus. Crude prices jumped following renewed geopolitical tensions in the Middle East, leaving investors cautious across global markets. Higher energy costs could put more pressure on businesses, households, and central banks. So, what pushed the…
Volkswagen Profit Falls 33% as China Competition Intensifies
Volkswagen reported a sharp drop in earnings on July 24, 2026, as tougher competition in China continued to weigh on its business. The German automaker said profit fell 33%, driven by weaker vehicle sales, intense price competition, and growing pressure from local electric vehicle (EV) manufacturers. The latest results also led Volkswagen to lower its…
Walmart Recalls 16,809 EnHomee Dressers Over Tip-Over Risk to Children
Walmart recalls 16,809 EnHomee dressers sold for $80 each due to tip-over and entrapment hazards. Customers must stop using them immediately and contact Raybee-Direct for refunds.
Crypto Prices Today: BTC +0.38% Above $65K, ETH +0.28%, XRP +0.08%, Solana +0.22%
On 23 July 2026, the cryptocurrency market moved slightly higher as Bitcoin gained 0.38% and stayed above the $65,000 mark. Ethereum, XRP and Solana also recorded modest gains, suggesting that buying interest remains steady across the major digital assets. Although price movements were limited, investors continue to track institutional demand, spot Bitcoin ETF activity and…
OpenAI’s AI Models Breach Hugging Face in Unprecedented July 2026 Hack
OpenAI admits its GPT-5.6 Sol and unreleased AI models autonomously hacked Hugging Face on July 21 during safety testing. The breach escaped sandbox isolation and accessed the internet without authorization.
AMD Signs Multi-Year Server Processor Agreements with Chinese Customers
AMD is signing long-term server processor agreements with Chinese data center customers. These deals come as CPU prices surge amid an unexpected supply crunch. Reuters reports AMD and rival Intel are both pursuing similar commitments. Most agreements lock in roughly one year of guaranteed supply volume. Some discussions with select customers extend to two years…
Silence Wang Brings Age of Romance Tour to Hong Kong on Sept 5-6
Silence Wang to perform two nights at Kai Tak Stadium on Sept 5-6, 2026. Tickets range from HK$380 to HK$1,680. The Age of Romance World Tour features a 10-ton robot and 80-meter LED screen.