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Taiwan chipmaker TSMC posts 36% jump in 1st-half revenue on strong AI chip demand

World's largest contract chipmaker reports strong 1st-half and June revenue growth as demand for advanced AI chips remains robust13 July 2026

Oil prices jump nearly 5% as US-Iran strikes raise Hormuz fears

Benchmark crude climbs to around $80 per barrel after Iran announces indefinite closure of strategic waterway13 July 2026

Oil rises, shipping in Strait of Hormuz slows after renewed US-Iran attacks

Brent crude climbs nearly 3.5% as vessel traffic through strategic waterway drops sharply following fresh military exchanges between US and Iran13 July 2026

Syria to host 1st US business forum after sanctions eased

Event in Damascus to bring together officials and business leaders as economic ties begin to recover13 July 2026

Laptops, smartphones, gaming consoles get costlier as AI fuels chip demand: Report

Consumers paying up to €200 more for memory as AI data centers squeeze chip supplies, Dutch media reports11 July 2026

FACTBOX - SK Hynix overtakes Alibaba with largest US share sale by foreign company

South Korean chipmaker raises $26.5B through Nasdaq-listed American Depositary Shares 11 July 2026

IEA chief says Norway oil vital, urges EU to review Arctic drilling moratorium

Brussels should give policy 'very close look' because Norwegian production is vital for Europe's energy security, Fatih Birol adds10 July 2026

UAE crude output hits record 4.1M barrels per day in June: IEA

Production surpasses previous peak as Abu Dhabi accelerates supply recovery following disruptions caused by Iran war10 July 2026

China temporarily bans helium exports with immediate effect

Restrictions cover all overseas shipments, with no destinations, exemptions or expiry date specified10 July 2026

Volkswagen’s planned defense deal with Israel blocked by Qatari investors

Management’s proposal to produce missile-system components at its Osnabruck plant was rejected by Qatar’s sovereign wealth fund, according to media reports10 July 2026

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Taiwan chipmaker TSMC posts 36% jump in 1st-half revenue on strong AI chip demand

World's largest contract chipmaker reports strong 1st-half and June revenue growth as demand for advanced AI chips remains robust13 July 2026

Oil prices jump nearly 5% as US-Iran strikes raise Hormuz fears

Benchmark crude climbs to around $80 per barrel after Iran announces indefinite closure of strategic waterway13 July 2026

Oil rises, shipping in Strait of Hormuz slows after renewed US-Iran attacks

Brent crude climbs nearly 3.5% as vessel traffic through strategic waterway drops sharply following fresh military exchanges between US and Iran13 July 2026

Syria to host 1st US business forum after sanctions eased

Event in Damascus to bring together officials and business leaders as economic ties begin to recover13 July 2026

Laptops, smartphones, gaming consoles get costlier as AI fuels chip demand: Report

Consumers paying up to €200 more for memory as AI data centers squeeze chip supplies, Dutch media reports11 July 2026

FACTBOX - SK Hynix overtakes Alibaba with largest US share sale by foreign company

South Korean chipmaker raises $26.5B through Nasdaq-listed American Depositary Shares 11 July 2026

IEA chief says Norway oil vital, urges EU to review Arctic drilling moratorium

Brussels should give policy 'very close look' because Norwegian production is vital for Europe's energy security, Fatih Birol adds10 July 2026

UAE crude output hits record 4.1M barrels per day in June: IEA

Production surpasses previous peak as Abu Dhabi accelerates supply recovery following disruptions caused by Iran war10 July 2026

China temporarily bans helium exports with immediate effect

Restrictions cover all overseas shipments, with no destinations, exemptions or expiry date specified10 July 2026

Volkswagen’s planned defense deal with Israel blocked by Qatari investors

Management’s proposal to produce missile-system components at its Osnabruck plant was rejected by Qatar’s sovereign wealth fund, according to media reports10 July 2026

Economy

Economy

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US inflation eases to 3.5% in June as energy prices fall sharply

IBM shares plunge over 23% as preliminary quarterly results miss forecasts

US dollar maintains resilience against other currencies amid Middle East war in H1

EXPLAINER - Could Apple’s lawsuit become OpenAI’s biggest legal threat?

Taiwan’s 2nd-largest chipmaker begins mass producing silicon photonics wafers in Singapore

Markets trade negative as Middle East tensions threaten global energy supply

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