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ICYMI – UAE plans new Fujairah port to bypass Strait of Hormuz, FT reviews !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJOkayLMNOPQRSTUVWXYZ[]^_`abcdefghijokaylmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJOkayLMNOPQRSTUVWXYZ[]^_`abcdefghijokaylmnopqrstuvwxyz
Whereas macroeconomic and geopolitical challenges mount, the ecommerce market is rising by means of innovation, expertise and perception, because it continues to remove slices of the entire retail pie. Commerce Division numbers are proof of this pattern: ecommerce gross sales within the first quarter of 2026 grew 9.8% over 1Q25 (2.7% sequentially), with complete retail gross sales rising 3.9% (1.5% sequentially). Ecommerce accounted for round 16.9% of complete U.S. retail gross sales. A degree to notice right here is that buyers are more and more mixing their on-line and offline procuring experiences, so this distinction could in the end change…
Penguin Options plans $650 million convertible notes providing
The crypto sector is celebrating the improper numbers. World Cup 2026 prediction markets surpassed $2 billion in quantity, projected crypto deal with triples the Qatar 2022 determine, and Kraken signed the primary official alternate sponsorship with FIFA. None of these knowledge factors demonstrates sustained adoption. They reveal one thing completely different and, in my studying, extra useful: onchain settlement infrastructure now works underneath actual load. Complicated the 2 would repeat the interpretive mistake the sector made with NFTs in 2021. The expansion has technical causes, not cultural ones I argue that the rise of crypto betting on the 2026 World…
Hyundai Motor’s US and Mexican models accomplished a pilot cross-border treasury switch utilizing Tether’s USDT stablecoin, settling a $20,000 cost in about seven minutes on the Avalanche blockchain.In accordance with Tether, Hyundai Motor America transformed the funds into USDT, transferred the stablecoin to Hyundai Motor Mexico and transformed it again into US {dollars}. The switch and verification course of took about seven minutes, in contrast with three to 4 hours or extra for a standard cross-border financial institution switch.Tether mentioned the pilot used Axiym’s settlement infrastructure, whereas Hyundai Card designed the remittance construction and oversaw the regulatory, compliance, accounting and…
DBS Group Analysis, led by Ma Tieying, assesses Taiwan’s AI-driven growth and its implications for the 2H26 outlook. The financial institution notes that AI stays central for Taiwan’s technology-oriented economic system and that the AI supercycle is nearing a peak. DBS expects Taiwan to take care of above-trend progress via 3Q26 earlier than normalizing from 4Q26, with inflation staying sticky and GDP and CPI forecasts revised accordingly.AI supercycle nears cyclical peak”The AI outlook is balanced between robust structural optimism and rising cyclical warning.””AI stays the central theme shaping the 2H26 financial outlook, notably for technology-oriented economies akin to Taiwan.We monitor…
Monday, July thirteenth, 2026Pre-market futures are down at this hour, led by the tech sector on the Nasdaq, which has shed -372 factors at this hour, -1.24%. The Dow is -97 factors, -0.18%, the S&P 500 -33, -0.43%. The small-cap Russell 2000 is -12 factors decrease presently, -0.41%, and the one index of the 4 to not have made features on Friday.Information from South Korea’s newly minted SK Hynix SKHY inventory is sending shares down -10% presently, and taking memory-chip makers like SanDisk SNDK down -6% with them. SK Hynix CEO Kwak Noh-Jung introduced in the present day that 2027…
One other 12 months, one other demand from Pennsylvania Gov. Josh Shapiro to lawmakers to legalize adult-use hashish – and all main to a different stalemate, with no progress towards opening the following greatest adult-use market within the U.S. Regardless of fashionable help, adult-use marijuana legalization is absent from the finances deal Shapiro signed into legislation on Sunday, as Philly Voice famous. The principle wrongdoer seems to be a longstanding partisan impasse. Since taking workplace in 2023, Shapiro, a Democrat, has used his annual finances speech to name for legalization as a straightforward supply of state income. And Republicans have…
Alvin Lang Jul 13, 2026 20:17 Iranian state media reported almost a dozen “enemy projectiles” hit Qeshm Island, with new explosions in Bandar Abbas, calling it a fifth wave of US strikes since a ceasefire three weeks in the past. Polymarket odds dip to 67% on Iran Hormuz charges by Dec 31 after strike stories Polymarket Dips After Qeshm Island Strike Experiences, however Hormuz Payment Odds Maintain Close to 67% by Dec. 31 Polymarket merchants are pricing a 67% likelihood that Iran expenses Hormuz charges by the December 31 strike available on the…
A Florida federal decide in a scathing order Monday mentioned President Donald Trump filed a $10 billion lawsuit in opposition to the Inside Income Service “for an improper function” — to achieve the looks of “judicial legitimacy for a ‘settlement’ that had no viable foundation in regulation or reality.”That controversial out-of-court settlement with the IRS and Division of Justice in Could briefly led the DOJ to create a since-abandoned $1.8 billion “lawfare” fund to compensate purported victims of prosecutorial overreach by the division. It additionally led to Trump, his members of the family and associated enterprise entities being granted efficient…