China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push 
Synlait Milk Denies Fonterra, a2 Milk Takeover Talks 
Trump Imposes New US Tariffs on Drone Imports Over National Security Concerns 
Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict 
Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover 
NAB Q3 Cash Earnings Rise 2% as Lower Credit Charges Boost Profit 
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast 
Gold Prices Retreat From Two-Month High as Softer Inflation Eases Fed Rate Hike Bets 
US Stock Futures Mixed as Fed Rate Hike Bets Fade, AI Deals in Focus 
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms 
Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand 
Add as a preferred source on Google
Japan will subsidize US chipmaker Micron Technology by up to $322 million to support its plan to produce advanced memory chips at a Hiroshima factory.
Japan’s Economy and Trade Minister Yasutoshi Nishimura said he hopes the deal will contribute to further expansion of cooperation between Japan and the US in semiconductor production.
The Japanese government approved the deal under a law related to economic security.
During her visit to Japan, US Vice President Kamala Harris met with Japanese officials and semiconductor company executives to promote greater cooperation in strengthening semiconductor development and production.
Micron was among the companies that participated in the meeting with Harris, along with Tokyo Electron, Nikon, Hitachi High-Tech Group, Fujitsu Ltd.
The US is working to solidify its technology cooperation with Japan, South Korea, and Taiwan while increasing its domestic semiconductor manufacturing amid China’s own investment in computer chips.
