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U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

2

Steve and Connie Ballmer are splitting their $8 billion philanthropy into three so the people closest to the work can decide how the money is spent

3

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

1

U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

2

Steve and Connie Ballmer are splitting their $8 billion philanthropy into three so the people closest to the work can decide how the money is spent

3

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

Asia

Asia

Vietnam aerospace company to send satellites aboard Elon Musk’s SpaceX rideshare mission

Vietnam aerospace company to send satellites aboard Elon Musk’s SpaceX rideshare mission

VinSpace, the year-old satellite arm of Vietnam’s biggest private company, will launch its first satellites on a 2027 SpaceX rideshare mission.

By Aniruddha Ghosal and The Associated PressAugust 11, 2026

Photo of Yemeni navy sailor patrolling

Houthi attacks in Yemen threaten new shipping crisis in Red Sea as Iran digs in on Hormuz demands

By The Associated PressAugust 11, 2026

Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’

By The Associated PressAugust 10, 2026

‘I still miss him’: Millions of Chinese suddenly bereft as Beijing deletes their AI boyfriends overnight

By Fu Ting and The Associated PressAugust 10, 2026

Photo of Trump pointing to Xi Jinping

Forget DeepSeek. China’s real ‘Sputnik moment’ is happening on campus as American universities lose their advantage

By Mia OsmonbekovAugust 10, 2026

Netanyahu rejects Hamas disarmament proposal touted by Trump

Netanyahu rejects Hamas disarmament proposal touted by Trump

By Dan Williams, Fares Akram and BloombergAugust 9, 2026

Latest stories from Fortune

When OpenAI employees have a problem, they email this special address to see if Sam Altman will solve it immediately

When OpenAI employees have a problem, they email this special address to see if Sam Altman will solve it immediately

By Emily ForliniAugust 11, 2026

France's President Emmanuel Macron reacts as he welcomes European Commission President.

France hits unsolicited telemarketers with $87,000 fine per call, following similar provisions in other European nations

By Joshua HongAugust 11, 2026

Jellyfish lay on the shore near the Gravelines nuclear power plant in Gravelines, northern France.

Jellyfish swarms knock out 3.2 gigawatts of French nuclear power

By Bloomberg and Eamon Akil FarhatAugust 11, 2026

Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran.

U.S. stocks fall after Iran says Strait of Hormuz will remain shut

By Bloomberg, Norah Rami and Elena EisenstadtAugust 11, 2026

Photo of the court

Trump administration invokes birthright citizenship Supreme Court case in appeal to block wide tariff refunds

By The Associated Press and Mae AndersonAugust 11, 2026

Photo of a house for sale sign

Mortgage rates hit one-year high at 6.69% as home sales fall

By The Associated Press and Matt OttAugust 11, 2026

It is time to remake the federal government with a new fiscal constitution

By Steve H. Hanke and David M. WalkerAugust 11, 2026

Former deputy mayor and now Mamdani nemesis sued the city’s pied-à-terre tax rollout. The city froze the judge’s pause within hours

Former deputy mayor and now Mamdani nemesis sued the city’s pied-à-terre tax rollout. The city froze the judge’s pause within hours

By Catherina GioinoAugust 11, 2026

More Asia

Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates

Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates

By The Associated PressAugust 9, 2026

China’s export engine is cooling—but high-tech demand isn’t.

China’s export engine is cooling—but high-tech demand isn’t.

By Elaine Kurtenbach and The Associated PressAugust 7, 2026

A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman

Iran says agreement on Hormuz shipping reached with Oman

By Bloomberg and Eltaf NajafizadaAugust 7, 2026

Photo of Trump and Takaichi shaking hands

Yen jumps after U.S. data as traders watch for intervention clues

By Bloomberg, Mia Glass and Naomi TajitsuAugust 7, 2026

Asia needs deeper energy markets if it’s going to achieve its AI ambitions

Asia needs deeper energy markets if it’s going to achieve its AI ambitions

By Guy WolfAugust 6, 2026

Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%

Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%

By Angelica AngAugust 6, 2026

Arts & Entertainment

Nintendo profit surges over 50% on movie, console sales even as sales fall

By Yuri Kageyama and The Associated PressAugust 6, 2026

Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target

Qatar’s Ooredoo, Nvidia, and Nokia unveil multi-billion-dollar AI compute platform—and Southeast Asia is their target

By Melissa HancockAugust 6, 2026

nic

The SEC should ban the products behind South Korea’s recent market meltdown

By Nic PuckrinAugust 6, 2026

A worker reacts near a line of humanoid robots displayed at the World AI Conference in Shanghai.

‘No choice but to take necessary countermeasures’: China imposes sanctions on Washington in retaliation to U.S. trade restrictions

By The Associated Press, Huizhong Wu and Kanis LeungAugust 5, 2026

Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback

By Yuri Kageyama and The Associated PressAugust 5, 2026

Has the AI race shifted from U.S. vs China to open vs closed?

Has the AI race shifted from U.S. vs China to open vs closed?

By Grace Shao and Alvin Wang GraylinAugust 4, 2026

US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House.

Trump claims he’s talking with Iran as they hold talks with other nations

By The Associated Press, Samy Magdy, Elena Becatoros and Josh BoakAugust 4, 2026

bessent

Bessent’s Yen gamble is a warning sign — buckle up

By Steve H. Hanke and Roger KopplAugust 4, 2026

Toyota sold fewer cars but nearly doubled profit on cheap yen

By Yuri Kageyama and The Associated PressAugust 4, 2026

The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead

The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead

By Alex CapriAugust 4, 2026

Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the Philippines

Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the Philippines

By Angelica AngAugust 3, 2026

America’s ‘weird’ and ‘unwise’ intervention in the Japanese yen: ‘The last thing you want is to give markets any kind of reason to ask questions’

By Mia OsmonbekovAugust 3, 2026

yen

Yen rises amid speculation of more intervention after U.S. support

By Mia Glass, John Cheng, Ruth Carson and BloombergAugust 3, 2026

SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents

SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents

By Nicholas GordonAugust 3, 2026

‘Japan’s been very good to us, with the exception, of course, of Pearl Harbor’: Trump awkwardly comes to the Yen’s rescue

By Mayuko Ono, Elaine Kurtenbach and The Associated PressAugust 3, 2026

CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’

CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’

By Angelica AngAugust 2, 2026

Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy

Crushed by Kospi rout, angry Koreans rip Lee and vow not to buy

By Youkyung Lee, Sangmi Cha and BloombergAugust 2, 2026

SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it

SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it

By Karryl Kim Sagun Trajano and Iuna TsyrulnevaAugust 2, 2026

Bessent joins Japan to help reverse months of yen losses

Bessent joins Japan to help reverse months of yen losses

By Shintaro Inkyo, Masahiro Hidaka and BloombergAugust 1, 2026

Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’

Despite China’s 996 culture, DeepSeek founder Liang Wenfeng says his workers don’t do overtime or even have KPIs: ‘No one manages them’

By Orianna Rosa RoyleAugust 1, 2026

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity

By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026

Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

By Yasushi SasakiJuly 30, 2026

Samsung posts record $62 billion profit — and investors sell off anyway

By Kim Tong-Hyung and The Associated PressJuly 30, 2026

Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

By Angelica AngJuly 29, 2026

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U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

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By Eleanor PringleAugust 11, 2026

Steve and Connie Ballmer are splitting their $8 billion philanthropy into three so the people closest to the work can decide how the money is spent

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By Sydney LakeAugust 11, 2026

Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses

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By Sasha RogelbergAugust 11, 2026

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