Inflation News & Economic Analysis

CITIC Securities Hong Kong headquarters as Fitch hands the brokerage the first A-class rating in Chinese capital markets history

Fitch Hands CITIC Securities the First A-Class Credit Rating Ever Given to a Chinese Brokerage, Cracking a Ceiling That Stood for Two Decades

Fitch Ratings on Tuesday assigned an A-minus long-term issuer default rating to CITIC Securities and its Hong Kong subsidiary, breaking a sector ceiling that had locked every Chinese brokerage in the BBB

June 13, 2026

Business·Entertainment·Movies·News

Chinese commercial space rocket launching as LandSpace and peers file IPOs on Shanghai STAR market and Hong Kong exchange

China’s Private Space Companies Are Sprinting Toward IPOs Behind SpaceX, and Shanghai’s STAR Market Has Quietly Opened the Door

LandSpace, Galactic Energy, CAS Space, Space Pioneer, i-Space and a half-dozen other Chinese commercial aerospace startups are filing simultaneous IPO applications on Shanghai's STAR market and the Hong Kong stock exchange. The

June 13, 2026

Business·Entertainment·Movies·News

South Korea Hands Coupang a Record $409 Million Data Privacy Fine, Five Times Bigger Than Anything the Country Has Levied Before

South Korea's privacy regulator slapped Coupang with a 624.7 billion won fine, roughly $409 million, for a breach that exposed personal data of 37.5 million customers including phone numbers and addresses. The

June 13, 2026

Business·Entertainment·Movies·News

Oil tanker transits the Strait of Hormuz as the US-Israel war on Iran disrupts global energy supply chains

World Bank Slashes 2026 Global Growth Forecast to 2.5 Percent, the Worst Reading Since the COVID Year, and Says Plainly Who Caused It

The World Bank lowered its 2026 global growth projection to 2.5 percent, down from 2.9 percent in 2025 and the lowest since the pandemic year, citing the energy-price shock and supply-chain damage

June 13, 2026

Business·Entertainment·Movies·News

Huawei advanced chip wafer as China races to deliver 1.4 nanometer equivalent transistor density by 2031

China’s Chip Design Software Lines Up Behind Huawei’s New Scaling Law and the Target Is a 1.4-Nanometer Workaround by 2031

Empyrean Technology and Peking University researchers are racing to align their electronic design automation tools with Huawei's Tau Scaling Law, the chipmaker's plan to bypass ASML lithography restrictions and deliver 1.4-nanometer-equivalent transistor

June 13, 2026

Business·Entertainment·Movies·News

BYD electric vehicles displayed at a Chinese dealership as new energy vehicles capture 62.9 percent of the May 2026 market

Electric Cars Are Now Two-Thirds of What China Buys, and the Country’s Top 10 Bestseller List Has Nothing With a Tailpipe Left

New energy vehicles took a record 62.9 percent of China's retail car market in May 2026, the China Passenger Car Association said, and for the first time every model in the top

June 13, 2026

Business·Entertainment·Movies·News

Stacked gold bullion bars in a central bank vault as ECB confirms gold has overtaken US Treasuries in global reserves

Gold Overtakes US Treasuries as World’s Top Reserve Asset and the ECB Says the Dollar’s Grip Is Slipping

Gold quietly became the world's number one official reserve asset in 2025, overtaking US Treasuries for the first time since the dollar era began, according to a new European Central Bank report.

June 13, 2026

Business·Entertainment·Movies·News

Exterior of a US federal bankruptcy court building

Sleep Number Files for Chapter 11 and Hands Its Beds to a Canadian Buyer for $415 Million

Sleep Number filed for Chapter 11 on Friday and named Sleep Country Canada as the $415 million stalking-horse bidder for its US business. The 40-year-old Minneapolis brand carries $1.3 billion in debt,

June 13, 2026

Business·Entertainment·Movies·News

A Rolex Cosmograph Daytona Tiffany luxury watch worn on the wrist

Rolex Raises Gold Watch Prices Twice in One Year, and the People Buying Them Did Not Blink

Rolex raised gold-watch prices roughly five percent on June 1, its second hike of 2026 and a rare back-to-back move in a single year. Gold spot has nearly doubled since 2024 to

June 13, 2026

Business·Markets·News

A truck transporting cars beneath signage indicating US trade routes

The Largest US Auto Parts Supplier Most Drivers Have Never Heard Of Is Liquidating, and Its Founder Is Charged With Inventing the Receivables

First Brands Group, the bankrupt parent of FRAM, Raybestos, Autolite and Cardone, returned to a Houston courtroom Friday with a second attempt at a liquidation plan. Its founder Patrick James faces federal

June 13, 2026

Business·Markets·News

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Inflation- Page 5

Fitch Hands CITIC Securities the First A-Class Credit Rating Ever Given to a Chinese Brokerage, Cracking a Ceiling That Stood for Two Decades

China’s Private Space Companies Are Sprinting Toward IPOs Behind SpaceX, and Shanghai’s STAR Market Has Quietly Opened the Door

South Korea Hands Coupang a Record $409 Million Data Privacy Fine, Five Times Bigger Than Anything the Country Has Levied Before

World Bank Slashes 2026 Global Growth Forecast to 2.5 Percent, the Worst Reading Since the COVID Year, and Says Plainly Who Caused It

China’s Chip Design Software Lines Up Behind Huawei’s New Scaling Law and the Target Is a 1.4-Nanometer Workaround by 2031

Electric Cars Are Now Two-Thirds of What China Buys, and the Country’s Top 10 Bestseller List Has Nothing With a Tailpipe Left

Gold Overtakes US Treasuries as World’s Top Reserve Asset and the ECB Says the Dollar’s Grip Is Slipping

Sleep Number Files for Chapter 11 and Hands Its Beds to a Canadian Buyer for $415 Million

Rolex Raises Gold Watch Prices Twice in One Year, and the People Buying Them Did Not Blink

The Largest US Auto Parts Supplier Most Drivers Have Never Heard Of Is Liquidating, and Its Founder Is Charged With Inventing the Receivables

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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