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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’
Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’

Since the war began, 16 U.S. service members have now been killed and over 430 wounded.

By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026
xi
A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price
By Matt O'Brien and The Associated PressJuly 18, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
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Walmart removes four Taylor Farms salads as recalls spread
Retail
Walmart removes four Taylor Farms salads as recalls spread
By Jaewon Kang, Jessica Nix, Fabiola Zerpa and BloombergJuly 18, 2026
Trump’s billionaire envoy to Italy is on a ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’
Politics
Trump’s billionaire envoy to Italy is on a ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’
By Colleen Barry and The Associated PressJuly 18, 2026
The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each
Arts & Entertainment
The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each
By The Associated PressJuly 18, 2026
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
Investing
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
By Jason MaJuly 18, 2026
t
Politics
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
By Bernard Condon and The Associated PressJuly 18, 2026
bank
Banking
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
By Ken Sweet and The Associated PressJuly 18, 2026
tourism
Travel & Leisure
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
By Sarah Raza and The Associated PressJuly 18, 2026
More AsiaPage 58 of 69
Japan’s central bank just hiked its benchmark interest rate for the first time in 17 years, scrapping the world’s last negative rate
Finance
Japan’s central bank just hiked its benchmark interest rate for the first time in 17 years, scrapping the world’s last negative rate
By Toru Fujioka, Sumio Ito and BloombergMarch 19, 2024
Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
Finance
Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
By Lionel LimMarch 19, 2024
Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI
Tech
Warren Buffett sold his $5bn stake in Taiwan’s TSMC in 2022, citing geopolitical tensions. But it’s soaring, with a 90% share in advanced chips made for AI
By John Cheng, Betty Hou and BloombergMarch 18, 2024
China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market
Tech
China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market
By Lionel LimMarch 18, 2024
Asian millennials and Gen Z, with their ‘hyper heightened’ focus on experiences, are changing the region’s travel market
Leadership
Asian millennials and Gen Z, with their ‘hyper heightened’ focus on experiences, are changing the region’s travel market
By Lionel LimMarch 15, 2024
China’s homegrown 737 competitor has to wait a while to fill the vacuum left by Boeing: Europe says COMAC’s C919 is ‘too new’ to approve by 2026
Leadership
China’s homegrown 737 competitor has to wait a while to fill the vacuum left by Boeing: Europe says COMAC’s C919 is ‘too new’ to approve by 2026
By Lionel LimMarch 15, 2024
Biden’s big play to attract foreign chip and EV investments could be stumbling as Samsung, TSMC, and others reportedly balk at high costs
Tech
Biden’s big play to attract foreign chip and EV investments could be stumbling as Samsung, TSMC, and others reportedly balk at high costs
By Lionel LimMarch 14, 2024
TikTok is trying to distance itself from Beijing but U.S. lawmakers aren’t having it: ‘There’s no such thing as a private company in China’
Tech
TikTok is trying to distance itself from Beijing but U.S. lawmakers aren’t having it: ‘There’s no such thing as a private company in China’
By Didi Tang and The Associated PressMarch 14, 2024
The battle between BYD and Tesla moves to a new front: Southeast Asia
Tech
The battle between BYD and Tesla moves to a new front: Southeast Asia
By Lionel LimMarch 13, 2024
East Asian societies have the world’s lowest birth rates—and are learning that ‘throwing a bit of money’ at the problem isn’t solving anything
Leadership
East Asian societies have the world’s lowest birth rates—and are learning that ‘throwing a bit of money’ at the problem isn’t solving anything
By Lionel LimMarch 12, 2024
China’s richest person has a new headache: Nationalist Chinese social media users are claiming his bottled water brand, Nongfu Spring, is pro-Japan
Leadership
China’s richest person has a new headache: Nationalist Chinese social media users are claiming his bottled water brand, Nongfu Spring, is pro-Japan
By Lionel LimMarch 12, 2024
U.S. Commerce Secretary Gina Raimondo wants to double the size of the Philippines’ chip industry to fix a ‘way too concentrated’ supply chain
Tech
U.S. Commerce Secretary Gina Raimondo wants to double the size of the Philippines’ chip industry to fix a ‘way too concentrated’ supply chain
By Cliff Venzon and BloombergMarch 12, 2024
U.S. will ‘do whatever it takes’ to curb China’s access to cutting edge chips and might tighten controls, Commerce Secretary Raimondo says
Tech
U.S. will ‘do whatever it takes’ to curb China’s access to cutting edge chips and might tighten controls, Commerce Secretary Raimondo says
By Andreo Calonzo, Philip J. Heijmans and BloombergMarch 11, 2024
The Chinese company at the center of Biden’s crane concerns denies it’s a threat to U.S. national security
Tech
The Chinese company at the center of Biden’s crane concerns denies it’s a threat to U.S. national security
By Lionel LimMarch 11, 2024
EV competition in China is so fierce that built-in fridges are passé and Tesla-beating BYD offers drones and gaming-friendly detachable steering wheels
Tech
EV competition in China is so fierce that built-in fridges are passé and Tesla-beating BYD offers drones and gaming-friendly detachable steering wheels
By BloombergMarch 10, 2024
The rise and stunning fall of Paytm, which once had India’s largest IPO but is now the target of a central bank crackdown that could kill its business
Tech
The rise and stunning fall of Paytm, which once had India’s largest IPO but is now the target of a central bank crackdown that could kill its business
By Nicholas GordonMarch 9, 2024
Hong Kong fast-tracks bill with life imprisonment for treason and insurrection—with Beijing calling the matter urgent
Finance
Hong Kong fast-tracks bill with life imprisonment for treason and insurrection—with Beijing calling the matter urgent
By Alan Wong and BloombergMarch 9, 2024
Akira Toriyama’s death is being felt around the world as global leaders and millions of fans remember one of Japan’s most influential icons
Leadership
Akira Toriyama’s death is being felt around the world as global leaders and millions of fans remember one of Japan’s most influential icons
By Nicholas GordonMarch 8, 2024
Saudi Arabia’s sovereign wealth fund gets an Uber-size stake in oil giant Aramco as it bets on airlines, video games, and sports
Finance
Saudi Arabia’s sovereign wealth fund gets an Uber-size stake in oil giant Aramco as it bets on airlines, video games, and sports
By Lionel LimMarch 8, 2024
Akira Toriyama, whose Dragon Ball manga series sold over 260 million copies worldwide, dies aged 68
Leadership
Akira Toriyama, whose Dragon Ball manga series sold over 260 million copies worldwide, dies aged 68
By Ryotaro Nakamaru and BloombergMarch 8, 2024
U.S. chipmaking gear helped make the advanced processor in Huawei’s new premium smartphone
Tech
U.S. chipmaking gear helped make the advanced processor in Huawei’s new premium smartphone
By Cagan Koc, MacKenzie Hawkins and BloombergMarch 7, 2024
A drop in deliveries triggers another round of price wars in the Chinese EV market—and that’s bad news for Tesla
Tech
A drop in deliveries triggers another round of price wars in the Chinese EV market—and that’s bad news for Tesla
By Lionel LimMarch 7, 2024
Brazil’s vice president shares an X post featuring Goku and Pikachu to thank Toyota for its $2.2 billion hybrid car investment
Leadership
Brazil’s vice president shares an X post featuring Goku and Pikachu to thank Toyota for its $2.2 billion hybrid car investment
By Lionel LimMarch 6, 2024
Indonesia’s presumed next president wants the ‘very, very messy’ democracy to have 8% GDP growth within 5 years 
Leadership
Indonesia’s presumed next president wants the ‘very, very messy’ democracy to have 8% GDP growth within 5 years 
By Lionel LimMarch 6, 2024
Demand for Pringles is so high, the manufacturer has to build more factories in Asia to keep up: ‘We’re selling every can of Pringles we can make’
Finance
Demand for Pringles is so high, the manufacturer has to build more factories in Asia to keep up: ‘We’re selling every can of Pringles we can make’
By Leslie Patton and BloombergMarch 5, 2024
AMD, like Nvidia, tried to make a weaker chip for the Chinese market—but Washington says it’s still too powerful
Tech
AMD, like Nvidia, tried to make a weaker chip for the Chinese market—but Washington says it’s still too powerful
By Jane Lanhee Lee, MacKenzie Hawkins and BloombergMarch 5, 2024
Tesla’s weak China sales—and a 7.2% plunge in share price—help to knock Elon Musk off his perch as the world’s richest person
Tech
Tesla’s weak China sales—and a 7.2% plunge in share price—help to knock Elon Musk off his perch as the world’s richest person
By Lionel LimMarch 5, 2024
Alibaba Offices In Beijing
Tech
Alibaba joins Silicon Valley peers like Microsoft in placing big bets on generative AI, leading $600 million financing round for Chinese AI startup MiniMax
By Jane Zhang and BloombergMarch 5, 2024
China tries to project confidence with a 5% growth target—yet Goldman Sachs’ wealth management chief investment officer is telling investors to stay away
Finance
China tries to project confidence with a 5% growth target—yet Goldman Sachs’ wealth management chief investment officer is telling investors to stay away
By Lionel LimMarch 5, 2024
Taylor Swift reportedly got millions from Singapore to only perform there in Southeast Asia. Now Thai and Philippine politicians are hitting back
Finance
Taylor Swift reportedly got millions from Singapore to only perform there in Southeast Asia. Now Thai and Philippine politicians are hitting back
By Philip J. Heijmans and BloombergMarch 4, 2024
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
Law
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamationplaceholder alt text
By Marco Quiroz-GutierrezJuly 17, 2026
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