Tech giants Wistron and Inventec report record-breaking revenues in 1H26
Tech giants Wistron and Inventec post record-high revenues in 1H26, driven by strong AI server shipments.
Business
Rockchip forecasts strong revenue and profit growth in H1 2026
Rockchip Electronics predicts strong revenue and profit increase in the first half of 2026 due to AIoT demand.
Delta Electronics revenue up 41% in first half of 2026
Delta Electronics sees strong demand for AI servers and infrastructure products, driving a 41% increase in first-half 2026 revenue.
Phison Electronics Surpasses NT$100B in 1H26 Revenue as AI Orders Extend to H1 2027
Phison Electronics reports first-half 2026 revenue of over NT$100 billion, with significant growth in mobile controllers and PCIe SSD boot drives.
Nairobi man rescues injured birds, shares home with them
Nairobi man Rodgers Magutha shares home with rescued birds, dedicated to wildlife conservation.
Nigerian authorities probe fake government agency
Nigerian authorities investigate a made-up government agency that secured thousands in public funds.
Pakistan’s interest burden to continue past 2028
Over 70% of interest payments in Pakistan are directed towards local banks, with foreign debt remaining uncontrollable beyond 2028.
Banijay and All3Media Merger Officially Completed
$8 billion merger between Banijay and All3Media finalized, led by Jeff Zucker and Marco Bassetti.
IMF lowers 2026 global growth forecast to 3%
International Monetary Fund reduces 2026 global growth prediction due to heightened geopolitical and trade uncertainties.
US approves sale of Tomahawk missiles to Germany
Germany has secured approval from the US for long-range Tomahawk cruise missiles, aiming to bolster its defence against Russian threats.
Oil tanker traffic through Hormuz near standstill as U.S. and Iran escalate conflict
Two tankers sailed through the Strait of Hormuz amid heightened tensions, with shipping industry sources reporting increased risk perception.
SBP’s Foreign Exchange Reserves Surge by $1.94 Billion
State Bank of Pakistan reports a $1.94 billion increase in foreign exchange reserves due to government inflows.
Iran Fires Ten Ballistic Missiles at Jordan’s Azraq Military Base
Jordan intercepts eight of ten Iranian ballistic missiles with no casualties reported, as Iran threatens U.S. bases in retaliation.
US stocks gain despite renewed US-Iran conflict
Wall Street saw modest gains, with tech stocks driving market performance despite renewed hostilities between the US and Iran.
Grain and Soy Prices Mixed as USDA Report Awaited
Wheat steady to down, corn down 3-5 cents per bushel, soybeans mixed ahead of key USDA report.
Gulf stock markets decline amid US-Iran tensions
Most Gulf stock markets closed lower on Thursday as renewed hostilities between the U.S. and Iran dampened investor confidence.
PM Shehbaz Reaffirms Commitment to Eradicating Terrorism in Balochistan
Prime Minister Shehbaz Sharif reaffirmed the government’s commitment to eradicating terrorism in Balochistan following recent attacks.
Pakistan Urgently Seeks LNG Cargo Amid Hormuz Attacks
Pakistan is urgently seeking liquefied natural gas amid disruptions in Qatar supplies due to renewed hostilities in the Strait of Hormuz.
Salzgitter to Acquire HKM, Cut Jobs and Invest in Green Technology
German steelmaker Salzgitter plans to acquire joint venture HKM and cut around 2,000 jobs while investing in green technology.
Iran warns of ‘crushing response’ to US attacks on Strait of Hormuz
Iran's Revolutionary Guards Navy warns of 'crushing response' to US strikes on strategic waterway, disrupting transit capacity.