Business News

Latest business news and updates

Total: 2930

Dramatic night view of SpaceX facility with fog and lights in Brownsville, Texas.
Business

SpaceX Secures Investment-Grade Status: S&P’s ‘BBB’ Rating Validates Musk’s Long Game

S&P Global Ratings has assigned SpaceX an investment-grade 'BBB' rating with a stable outlook, citing its dominant launch and Starlink businesses. While capital needs for Starship remain high, the agency expects the company's financial leverage to peak in 2028 before improving through AI and connectivity revenue.

NeTe2026年6月18日 23:38
#SpaceX#S&P Global Ratings#Elon Musk
Detailed view of a motherboard with visible microchips and circuits.
Business

The HBM Dividend: How the Global AI Boom is Funding a Luxury Spree in South Korea

Record bonuses at Samsung and SK Hynix, driven by the global AI chip boom, have triggered a massive luxury spending spree and a 10% spike in Seoul-area real estate prices. This influx of 'semiconductor wealth' is dominating the domestic luxury market, with car salespeople reporting that 90% of their customers now hail from the chip industry.

NeTe2026年6月18日 17:08
#Samsung#SK Hynix#Semiconductors
Close-up of Ethereum and Bitcoin coins symbolizing cryptocurrency and blockchain technology against a purple backdrop.
Business

Crypto Retreat: Bitcoin Slips Below $63,000 as Ethereum Follows Suit

Bitcoin and Ethereum faced a significant sell-off in the last 24 hours, with Bitcoin dropping below the $63,000 mark. This nearly 4% decline highlights persistent market volatility and tests key technical support levels for digital asset investors.

NeTe2026年6月18日 17:08
#Bitcoin#Cryptocurrency#Ethereum
Empty parking lot surrounded by tall residential buildings in an urban setting under a clear sky.
Business

China’s Selective Recovery: Why Record-Breaking Land Sales Hide a Deepening Property Divide

Record-breaking land auctions in China's top-tier cities indicate a strategic pivot toward premium assets rather than a general market recovery. State-owned developers are concentrating their investments in core urban districts to capture resilient high-end demand while the broader property sector remains under significant pressure.

SoBiz2026年6月18日 13:08
#China Real Estate#Land Auctions#State-Owned Enterprises
Scattered US $100 bills on a vibrant orange surface symbolizing wealth and finance.
Business

The Warsh Manifesto: A Minimalist Debut Masks a Maximalist Overhaul of the Federal Reserve

Kevin Warsh debuted as Fed Chair by slashing the FOMC statement's length and launching five task forces to reform the central bank's core operations. While rates remained steady, his minimalist communication style and hawkish undertones sent the dollar and Treasury yields surging, signaling a major shift away from traditional forward guidance.

SoBiz2026年6月18日 13:08
#Kevin Warsh#Federal Reserve#FOMC
Close-up of a fuel pump showing gasoline and diesel options at a gas station in Los Angeles.
Business

The Geopolitical Dividend: China’s Fuel Prices Retreat as US-Iran Detente Reopens the Strait of Hormuz

China has implemented a major cut to domestic fuel prices, bringing gasoline back down to the 7-yuan-per-liter range. The adjustment follows a historic US-Iran diplomatic breakthrough that reopened the Strait of Hormuz and significantly lowered global crude oil risk premiums.

SoBiz2026年6月18日 13:08
#NDRC#Fuel Prices#US-Iran Relations
Aerial view of Jiujiang industrial area with factories and smoke stacks.
Business

Beyond the Subsidy Myth: Beijing Defends the Roots of China’s Industrial Dominance

The National Development and Reform Commission has dismissed claims that Chinese industrial competitiveness is primarily driven by government subsidies. Officials argue that the country's dominance stems from a combination of market scale, supply chain synergy, and decades of investment in human capital.

SoBiz2026年6月18日 13:08
#China#NDRC#Industrial Policy
Explore the intricate details of China and neighboring regions in this vintage-style globe photo.
Business

The Resilience of the 'Madmen': Chinese Merchants Brave the Rubble of Post-War Iran

Following a devastating regional conflict in early 2026, Chinese private entrepreneurs are returning to Iran to rebuild disrupted trade routes and factories. Despite bombed infrastructure, hyperinflation, and logistical chaos, these merchants view Iran's 80-million-strong market as a high-risk, high-reward alternative to the saturated markets of Southeast Asia.

SoBiz2026年6月18日 13:08
#Iran#China-Iran Trade#Geopolitics
Modern skyscrapers in Shanghai's Pudong District, surrounded by spring blossoms and greenery.
Business

The Great Capital Pivot: Hong Kong Reclaims Global Status as US Listings for Chinese Firms Evaporate

Hong Kong has surged to become the world’s second-largest IPO market in H1 2026, while Chinese listings in the US have collapsed by 99%. This shift highlights a major decoupling of capital markets as Chinese tech firms pivot toward domestic and regional exchanges in alignment with state strategic goals.

NeMo2026年6月18日 12:08
#HKEX#IPO#Deloitte
Urban gas station featuring a Tiki Coffee shop inside with digital fuel price displays and vibrant signage.
Business

Defying the Downturn: How Zhenjiu LiDu Cracked the Code of Baijiu Price Stability

While the Chinese baijiu industry suffers from severe price inversion and inventory surpluses, Zhenjiu LiDu has maintained profitability and price stability through its 'Ten-Thousand Merchant Alliance' model and equity incentives for distributors. By prioritizing channel health over short-term volume, the group has successfully cleared inventory and recently raised its 2026 financial guidance.

NeMo2026年6月18日 12:08
#Zhenjiu LiDu#Baijiu#Price Inversion
Detailed view of financial trading graphs on a monitor, illustrating stock market trends.
Business

China’s Debt Watchdog Rebukes Guosen Securities in Market Integrity Crackdown

Guosen Securities has received a formal warning from China’s NAFMII for interfering with bond pricing and failing in its post-issuance monitoring duties. The regulator has ordered a comprehensive internal overhaul of the firm’s debt financing operations to restore market order.

NeMo2026年6月18日 12:08
#Guosen Securities#NAFMII#China Bond Market
From above of industrial machine with conveyor belts digging and transporting coal in daylight
Business

China’s Market Schism: Why Strategists Are Doubling Down on Old Energy and New AI

China's equity markets are experiencing a sharp split as AI infrastructure gains momentum while traditional 'non-silicon' assets face a liquidity-driven sell-off. Leading strategists remain bullish on undervalued brokerages and high-yield coal stocks, citing strong fundamentals and historical valuation lows.

NeMo2026年6月18日 12:08
#A-shares#AI Infrastructure#Coal Industry