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Nasdaq Composite Jumps 1.3% as Chip Rally Offsets Iran Tensions on July 9
Nasdaq Composite gains 1.3% to 26,206.89 on July 9 as chip stocks rally. Micron jumps 4.5% after $250B U.S. investment plan. Oil prices fall as Iran tensions ease.
BAE Systems Explores AI Combat Control for Typhoon Fighter Jets
BAE Systems tests new cockpit system allowing Eurofighter Typhoon pilots to command multiple uncrewed combat drones with minimal workload increase, advancing collaborative air warfare.
Unification Church Leader Han Hak-ja Faces 13-Year Prison Demand on July 10
Special prosecutor seeks 13-year prison term for Unification Church leader Han Hak-ja over bribery and political fund violations in South Korea’s high-profile church-state collusion trial.
FTSE 100 Rises 0.23% as Middle East Tensions Ease; Apollo’s £5.7 Billion easyJet Bid Lifts Market Sentiment
The FTSE 100 rose 0.23% on July 10, 2026, as diplomatic signals eased Middle East tensions. London’s benchmark index gained ground alongside Germany’s DAX, up 0.24%, and France’s CAC 40, up 0.21%. Deal activity also drove sentiment, with Apollo Global’s £5.7 billion takeover approach for easyJet grabbing investor attention. The FTSE 100 had tumbled 1.7%…
ASX 200 Snaps 4-Day Losing Streak, Closes 0.5% Higher on July 10
ASX 200 rises 0.5% to 8,806 on July 10 as mining stocks surge and banks stabilize, though the index trails global AI rally.
Tencent (HK:0700) in Talks to Become Largest Shareholder in AI Startup Manus at $2 Billion Valuation
Tencent is reportedly in discussions for a deal that would make it the largest shareholder in AI startup Manus, which is valued at roughly $2 billion. The talks have attracted attention as major technology companies continue to invest more in artificial intelligence while competition across the sector grows. If the deal goes ahead, Tencent would…
Nanya Bets Big on AI With $6.2 Billion Semiconductor Investment for 2027
On July 10, 2026, Taiwan-based Nanya Technology announced plans to invest more than T$200 billion (around US$6.2 billion) in semiconductor production during 2027. The decision reflects the company’s confidence in the expanding AI market. Demand for AI servers and high-performance memory chips continues to increase, prompting chipmakers to add manufacturing capacity. Nanya’s latest investment could…
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…
China Shoe Factory Fire Kills 28 in Fujian; Xi Orders Accountability
Fire at Huiteng shoe factory in Jinjiang, Fujian kills 28 workers. 213 evacuated, factory owner detained. Xi Jinping demands investigation and accountability for China’s deadliest industrial fire in years.