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Turkey Spent $120M Rebuilding Airport for Trump’s Qatar Boeing 747
Turkey spent $120 million and eight months rebuilding an entire military airport runway to land Donald Trump’s Boeing 747-8 gifted by Qatar ahead of the NATO summit in Ankara.
SK Hynix Jumps 13% in Record $26.5B US Nasdaq Debut on July 10
SK Hynix raises $26.5B in record US IPO, jumps 13% on first day. Memory chip demand from AI boom drives historic debut, largest foreign listing ever.
China Fires Nuclear Missile From Submarine; Arsenal Tripled to 600 Warheads—July 11
China launched a nuclear-capable intercontinental ballistic missile from a submarine into the Pacific on Monday, the first such test from underwater. Its nuclear arsenal has tripled to over 600 warheads in six years, alarming the region.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 11
Volkswagen plans to slash 50% of its model range and cut 100,000 jobs by 2030 to combat falling profits and Chinese competition. The restructuring faces union opposition after supervisory board rejection on July 10.
SK Hynix Surges 13% in Historic $26.5B Nasdaq Debut on July 10
SK Hynix stock rises 13% to $168.01 in record $26.5B Nasdaq IPO, surpassing Alibaba’s 2014 listing. Chairman says AI demand is ‘enormous’ and customers want more chips than the company can supply.
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.
China Fires Nuclear-Capable Missile From Submarine; Arsenal Tripled in Six Years
China launched a nuclear-capable JL-3 missile from a submarine into the Pacific on July 6, 2026. The test is the first from underwater and comes as Beijing triples its nuclear arsenal to over 600 warheads, alarming Australia and Pacific leaders.
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…