HONG KONG / RankWire.AI / – Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The offering is worth about US$10.2…

    Business

    HONG KONG / RankWire.AI / – Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The…

    BUSAN, SOUTH KOREA / RankWire.AI / – A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New Port on August 22 for a planned 45-day round trip.…

    TOKYO, JAPAN / RankWire.AI / – Japan posted record monthly values for both imports and exports in July 2026, as higher energy costs and strong technology demand lifted total trade. Imports climbed 27.8% from a year earlier to about 12.15 trillion yen.…

    NEW YORK / RankWire.AI / – U.S. stocks finished higher Wednesday as a sharp decline in long-term Treasury yields supported Wall Street. The S&P 500 gained 16.22 points, or 0.21%, to close at 7,707.98. The Dow Jones Industrial Average rose 119.65 points,…

    Travel

    ABU DHABI / RankWire.AI / – Etihad Airways will open a seasonal nonstop route between Abu Dhabi and Gothenburg on December 17, 2026. The service will run four times each week until March 21, 2027. Flights will connect Zayed International…

    Technology

    Automotive

    TOKYO, JAPAN / MENA Newswire / – Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including…