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CXMT’s $8.6 Billion IPO to Generate at Least $41 Million in Fees for Chinese Investment Banks
CXMT’s $8.6 billion Shanghai IPO is set to generate substantial fees for underwriters. The memory chipmaker priced shares at 8.66 yuan, or $1.28 apiece. That values CXMT’s business at roughly $85.2 billion upon its Shanghai Star Market debut. CXMT’s offering surpasses SMIC’s 2020 record as the largest chip IPO in China. Subscriptions opened Thursday, July…
Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…
Nichirei Cyberattack Crushes 2871.T Stock 8.2% as KFC Japan Faces Closures
Nichirei stock plunges 8.2% after cyberattack disrupts frozen food logistics across Japan. KFC Japan warns of possible store closures and menu cuts due to supply chain breakdown.
Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…
Nifty IT Slides as TCS Drops to ₹2,193.40: Why Infosys, Mphasis & Persistent Systems Shares Are Falling
Indian IT stocks faced selling pressure on July 15, 2026, as the Nifty IT index moved lower after TCS fell to ₹2,193.40. The decline spread across the sector, with Infosys, Mphasis, Persistent Systems, Wipro, and HCLTech also trading in the red. Weak global technology sentiment weighed on investor confidence, while fresh concerns about enterprise IT…
US-Based CEOs Dominate ASX Top 10 Earners; Hulls Tops List at $47.7M
US-based CEOs now occupy half the top 10 highest-paid positions on the ASX. Life360’s Chris Hulls earned $47.7M in FY2025, nearly 500 times the average Australian wage.
Scott Mills Was BBC’s Highest Earner at £745k Before March Sacking
Scott Mills earned up to £749,999 as BBC’s highest-paid presenter before being sacked in March 2026 following a police investigation into historical allegations.
Osaka Hospital Nurse Aide Sentenced for Abusing Elderly Patients, Filming Attacks
Former nursing assistant at Osaka’s Yushinkai Kosei Hospital convicted of assaulting elderly patients, filming abuse. Hospital staffing gaps cited as contributing factor.
Origin Energy Refunds A$270,000 to 4,500 Customers Over Misleading Plans, July 14
Origin Energy to refund A$270,000 to 4,500 customers after ACCC investigation into misleading Ongoing Saver electricity plan. Average refund A$60 per household.