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News
Zhongji Innolight raises $6.81 billion in Asia’s second-largest listing of 2026
8+ hour, 20+ min ago (366+ words) By Yantoultra Ngui and Roshan Thomas SINGAPORE, July 28 (Reuters) – Chinese optical parts maker Zhongji Innolight said on Tuesday it had priced its Hong Kong listing at HK$980 per H share, raising HK$53.41 billion ($6.81 billion) in Asia’s second-largest listing this year....
Philips CEO says US order delays, China pressure weighed on Q2 results
1+ hour, 39+ min ago (248+ words) By Lucie Barbier and Alessandro Parodi July 28 (Reuters) – The chief executive of Philips said on Tuesday that delayed orders in the U.S. and market pressure in China weighed on the healthcare tech group’s second-quarter results, even as it lifted…...
China begins making homegrown DUV chipmaking tools, The Information reports
12+ hour, 45+ min ago (279+ words) July 27 (Reuters) – China has begun manufacturing domestically developed immersion deep ultraviolet lithography machines, a key chipmaking tool long dominated by Dutch supplier ASML, The Information reported on Monday. The machines are expected to be delivered this year to leading Chinese…...
China hopes for constructive role by Slovakia in ties with EU, Xinhua reports
2+ hour, 44+ min ago (144+ words) The Mighty 790 KFGO China hopes for constructive role by Slovakia in ties with EU, Xinhua reports BEIJING, July 28 (Reuters) – Chinese President Xi Jinping hopes Slovakia will play a constructive role in the development of European Union’s relations with China, focusing…...
Dollar hits one-month high on lingering chances of Fed hike
6+ hour, 10+ min ago (644+ words) TOKYO, July 28 (Reuters) – The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over…...
Travelers to be part of PGA Tour’s Championship Series
8+ hour, 50+ min ago (212+ words) The Travelers Championship, the PGA Tour’s annual stop outside Hartford, Conn., is the first tournament to be formally named to the tour’s upcoming Championship Series. In 2028 the tour is introducing a two-tiered schedule, with paths called the Championship Series and…...
Google rivals line up seeking damages after record $1 billion fine
3+ hour, 24+ min ago (830+ words) By Supantha Mukherjee and Foo Yun Chee BRUSSELS, July 28 (Reuters) – A decades-long crackdown on Google’s business practices in Europe is entering a costly new phase, as the loss of the first case brought against it under new EU legislation opens…...
Citi expands Asia FX options desk with three senior trader hires in Singapore
3+ hour, 23+ min ago (218+ words) HONG KONG, July 28 (Reuters) – Citigroup has appointed three senior traders to its foreign exchange options desk in Singapore as it seeks to boost its regional market-making and risk management capabilities, according to a company statement on Tuesday. The Wall Street…...
Trump to host Netanyahu, Zelenskiy as Ukraine, Iran wars reach critical stages
3+ hour, 44+ min ago (795+ words) WASHINGTON, July 28 (Reuters) – U.S. President Donald Trump hosts Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskiy on Tuesday, with wars in Iran and Ukraine at critical stages and his ties with both leaders markedly different. Relations with Zelenskiy…...
US threatens funding cuts for two school districts over transgender policies
6+ hour, 15+ min ago (353+ words) WASHINGTON, July 27 (Reuters) – The U.S. Education Department has threatened two school districts in Michigan and Maryland with federal funding cuts over their transgender policies, the latest action by President Donald Trump’s administration to limit transgender rights. It said in a…...