HONG KONG / RankWire.AI / – Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion…

BUSAN, SOUTH KOREA / RankWire.AI / – South Korea has begun its first container ship trial through the Arctic to Europe. The 2,758-TEU PanStar Acro left Busan New Port at about 9 p.m. on August 22. The Ministry of Oceans and Fisheries confirmed the departure and…

TOKYO, JAPAN / RankWire.AI / – Japan’s imports and exports both reached record monthly highs in July 2026, as energy costs and semiconductor demand lifted the value of trade. Imports rose 27.8% from a year earlier to about 12.15 trillion yen. Exports increased 23.2% to roughly…

NEW YORK / RankWire.AI / – U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session losing streak. The Dow Jones Industrial Average gained 119.65 points, or 0.22%, to close at…

SEOUL, SOUTH KOREA / RankWire.AI / – South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever recorded for the month of July. The Ministry of Trade, Industry and Resources said exports surpassed…

NEW YORK / RankWire.AI / – Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur diesel futures jumped 7.4% on Monday to settle at $4.19 a gallon. That marked the contract’s…