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Thursday, February 26, 2026

Hong Kong Budget 2026-27: Tax Relief and Investment Boost for Residents and Businesses

Hong Kong's 2026-27 budget announces significant tax relief for individuals and businesses, alongside major investments in AI, IP, and the Northern Metropolis, aiming for economic recovery and growth.

Yen Slides to Two-Week Low as Dovish BOJ Nominations Deepen Policy Uncertainty

The Japanese yen weakened to a two-week low amid uncertainty over the Bank of Japan's policy direction following dovish board nominations and ongoing global trade tensions.

GSK Acquires 35Pharma for $950 Million to Bolster Pulmonary Hypertension Drug Pipeline

GSK acquires 35Pharma for $950 million to expand its pulmonary hypertension drug pipeline with the experimental drug HS235, aiming to compete with existing treatments and address unmet patient needs.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Versant Strikes Media Rights Deal with League One Volleyball

Versant, the Comcast spinoff set to launch as a standalone company in 2026, has secured a multiyear media rights deal with League One Volleyball...

Josh Harris Rules Out Public Offering for $14.58B Sports Empire

Over the last decade, private equity investor Josh Harris has built one of the most influential sports ownership conglomerates in the world. Through Harris...

NHL Players to Return for 2026 Winter Olympics in Milan

The 2026 Winter Olympics in Milan will mark the long-awaited return of NHL players to Olympic competition for the first time in 12 years,...

Eli Lilly to Build $5 Billion Cancer Drug Plant in Virginia

Eli Lilly announced on Tuesday that it will invest $5 billion to build a new manufacturing facility in Goochland County, Virginia, aimed at boosting...

Mortgage Rates Drop Sharply Ahead of Anticipated Fed Cut

Mortgage rates saw a sharp decline on Tuesday, dropping to levels not seen since late 2022, as investors in mortgage-backed securities positioned themselves ahead...

Huawei Launches Mate XTs Trifold Smartphone with Innovative Design

Huawei has unveiled the second generation of its trifold smartphone, the Huawei Mate XTs, as the company seeks to strengthen its position in China...

JetBlue Teams Up with Amazon’s Project Kuiper for High-Speed In-Flight Wi-Fi

JetBlue Airways has announced plans to equip roughly a quarter of its fleet with Amazon’s Project Kuiper satellite technology to enhance in-flight Wi-Fi, with...

Atlassian Acquires AI Browser Startup The Browser Co. for $610 Million

Atlassian has announced its acquisition of The Browser Co., an AI-focused web browser startup, for $610 million in cash, with the deal expected to...

Figma Shares Drop 20% Following First Post-IPO Earnings Report

ChatGPT said: Figma’s stock experienced a dramatic decline of nearly 20% on Thursday, hitting its lowest level since the company went public in July. The...

Salesforce Stock Falls After Q2 Earnings Despite AI Growth

ChatGPT said: Salesforce faced another setback as its stock dropped nearly 5% following a cautious revenue forecast in its latest quarterly earnings report, extending its...

Sierra AI Startup Reaches $10 Billion Valuation After $350M Funding

Bret Taylor’s artificial intelligence startup, Sierra, has reached a milestone with a $10 billion valuation after securing $350 million in new funding. This places...

Waymo to Launch Autonomous Robotaxi Service at San Jose Airport

Alphabet’s autonomous vehicle unit, Waymo, is preparing to launch test rides for its robotaxis at San Jose Mineta International Airport in California this fall....

OpenAI Expands in India with ChatGPT Growth and Local Initiatives

OpenAI is rapidly expanding its presence in India, recognizing the country as a critical market for its ChatGPT product. India’s large and youthful population...

OpenAI Launches AI Jobs Platform and Expanded Certification Programs

ChatGPT said: OpenAI has announced plans to launch an AI-focused jobs platform aimed at connecting qualified candidates with companies, part of a broader strategy to...

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