China launched WAICO on July 16, a new 29-nation AI cooperation body, at the Shanghai World AI Conference as Beijing challenges US-led governance frameworks.
Posted inMarkets
Goldman Sachs Posts Record Quarter With $20.98 EPS and $20.34 Billion in Revenue
Goldman Sachs posted diluted EPS of $20.98 and $20.34 billion in Q2 2026 net revenues on July 14, its best quarter on record, with AUM crossing $4 trillion.
Posted inEconomy
PBOC Holds Rates for 14th Straight Month as China’s Economy Misses Its Growth Target
China’s central bank held lending rates at record lows on July 20 for the 14th straight month after Q2 GDP came in at 4.3%, the weakest reading since late 2022.
Posted inGeopolitics
Russia Fires 41 Ballistic Missiles at Kyiv in War’s Largest Such Barrage
Russia fired 41 ballistic missiles at Kyiv overnight on July 18-19, the war’s largest such barrage, as Ukraine’s interceptor stockpiles ran critically short.
Posted inWorld
Andy Burnham Set to Become UK Prime Minister After Unopposed Labour Win
Andy Burnham was declared Labour leader on July 17 after 379 of 403 MPs backed him, and is set to formally take office as Prime Minister on July 21.
Posted inTech
Moonshot AI Launches Kimi K3, the World’s Largest Open-Weight AI Model
Moonshot AI launched Kimi K3 on July 16 with 2.8 trillion parameters and a 1 million-token context window, placing third on GDPval benchmarks and releasing full weights on July 27 — the largest open-weight AI model yet from any lab.
Posted inMarkets
BlackRock’s Assets Hit Record $15.34 Trillion on $192 Billion Inflow Surge
BlackRock reported record second-quarter assets under management of $15.34 trillion on July 15, with $192 billion in net new client inflows nearly tripling the year-ago figure and adjusted EPS beating estimates by more than 10%.
Posted inEconomy
Brent Tops $87 as Iran Escalation Refuels Global Inflation Fears
Brent crude settled at $87.20 on July 17 as renewed US-Iran strikes removed the prospect of near-term Hormuz relief, complicating the inflation outlook for the Fed and ECB at a moment when rate decisions hang on energy costs.
Posted inGeopolitics
Rubio and Wang Yi Converge on Manila for ASEAN Foreign Ministers’ Week
The Philippines opens its 2026 ASEAN chairmanship ministerial week on July 18 with Marco Rubio, Wang Yi and Sergey Lavrov in attendance, as energy security and the Hormuz disruption dominate the substantive agenda.
Posted inWorld
Gaza Funeral Strike Kills Seven as Post-Ceasefire Death Toll Passes 1,100
An Israeli drone struck a funeral procession in Nuseirat refugee camp on July 18, killing seven Palestinians and wounding 22, as the total killed since October’s ceasefire rose to 1,123.