While global IPO markets battle scarcity and volatility, Hong Kong is set to top the fundraising charts in 2026 with more than US$38.5 billion raised from 150 to 200 listings, according to UBS. This surpasses this year’s HK$270 billion, reclaiming the city’s crown as the

San Francisco’s streets now host over 14 million autonomous trips this year alone with Waymo's robotaxis, reshaping urban mobility faster than most expect. Earlier this week, a woman gave birth inside a Waymo robotaxi en route to a hospital, proving the system’s unexpected robustness in real-world

Cross-border payments often stall under inefficiencies that inflate corporate treasury costs by up to 30%. Swift, Ant International, and HSBC just tested cross-border transfers of tokenised deposits on the Swift network using the universal ISO 20022 messaging standard. This isn’t just a tech upgrade—it’s a move targeting

Specialty food shops face razor-thin margins amid rising import tariffs and costs. Dominick DiBartolomeo, owner of the Cheese Store of Beverly Hills, saw his 57-year-old store’s Instagram following skyrocket from 6,000 to 280,000 in 18 months thanks to a wave of viral TikTok videos. But this surge

Drug development cycles often take months or years, consuming massive manpower and funds. OpenAI’s head of business products, Olivier Godement, spotlights life sciences, software engineering, and customer service as industries on the cusp of AI-driven automation. Godement points to pharma giants like Amgen, where administrative drag slows innovation. Automating

China added 310 gigawatts of renewable energy capacity in the first three quarters of 2025, accounting for 84.4% of all new power installations nationwide, up 47.7% year on year according to the National Energy Administration. This surge isn’t just about green energy volume—it’s a strategic

The global legal market is estimated at $1 trillion, yet only about $30 billion is spent on technology today. Harvey, the $8 billion legal tech startup, recently raised $160 million in a round led by a16z. But CEO Winston Weinberg insists no single player will dominate this space. "I

Chinese supply-chain firms struggled for investor confidence after regulatory crackdowns, but Jingdong Industrials shattered norms by raising US$383 million through a Hong Kong IPO. The shares, priced mid-range at HK$14.10, were oversubscribed 60 times, signaling pent-up demand for Chinese supply-chain tech in Hong Kong's revitalized

Property remains the backbone of wealth in Hong Kong's fierce real estate market, where prime rental assets outperform many volatile sectors. Fu Tak-iam’s family-linked Pleasure Properties bought CHI 138, a 107-unit serviced apartment in Wan Chai, for about US$71 million in November 2025. This move is

Hong Kong’s base lending rate just dropped to 4%, marking its third cut in three months. Hong Kong Monetary Authority (HKMA) aligned this move with the US Federal Reserve cutting rates to 3.5-3.75%, aiming to ease mortgage pressure amid economic sluggishness. Yet this isn’t simply about

Public cloud providers typically trade off rapid expansion against mounting capital expenses, but Oracle’s recent quarterly revenue miss exposes a less obvious constraint in this dynamic. In Q3 2025, Oracle reported $16.06 billion in revenue versus $16.21 billion expected, despite 14% year-over-year growth, sending shares down 6%

Electric vehicle adoption in the U.S. remains stuck despite global momentum, but Rivian reveals a surprising truth: R1 SUV buyers split evenly between Republicans and Democrats. At the Fortune Brainstorm AI conference, CEO RJ Scaringe dismantled the myth that EV ownership is a political statement. Instead, buyers prioritize product

U.S. electricity prices have surged nearly 30% since 2021, with residential costs up 7.5% in 2025 alone, driven by unprecedented AI demand growth, according to the U.S. Department of Energy. Exelon, the major utility serving Chicago to Washington, D.C., warned that the country is dangerously close

Managers spend up to half their time on repetitive digital busywork. Amazon, Moderna, and McKinsey are dismantling traditional org charts by deploying AI agents to automate routine managerial tasks in 2025. These changes aren’t about cutting roles alone — they redraw managerial bandwidth and team structure. By flattening organizations, companies

Russia’s oil shadow fleet moves billions despite sanctions, but a new maritime threat has surfaced in the Black Sea. Ukraine deployed explosive-packed Sea Baby naval drones in December 2025 to critically damage the sanctioned $30 million tanker Dashan. This isn’t just a military strike—it's a

Building a community platform that reaches more than 225 million registered users usually demands billions in venture capital. Chess.com achieved this milestone by bootstrapping—surpassing a $1 billion valuation in 2023 without any external investors. Founded by chess legend Danny Rensch and his partners, the company grew through organic

Fewer than 70% of entry-level women now want promotions, compared to 80% of men, according to Lean In and McKinsey’s 2025 Women in the Workplace report. This shift marks the first major ambition gap in a decade, tracked across 3 million employees in 124 companies. But this isn’t

Cost-cutting headlines often shadow the remarkable scale of layoffs this year at companies like Amazon, Verizon, and IBM, with cuts reaching into the tens of thousands. Amazon alone said it would reduce 14,000 corporate jobs in October, framing the move around AI adoption and structural streamlining. This wave, spanning

Directing a $44 million sci-fi show for Netflix sounds like a sure win, but Carl Rinsch’s saga exposes a costly pitfall in large-scale content projects. In New York City, Rinsch’s ongoing federal fraud trial centers on an $11 million payment Netflix made in 2020 that prosecutors say funded

General-purpose AI platforms like ChatGPT and Perplexity struggle with crypto-specific accuracy, causing millions in trading losses. Surf, an AI startup focused solely on crypto, just raised $15 million from Pantera Capital, Coinbase Ventures, and Digital Currency Group. But this funding round signals more than money—it exposes a strategic leverage

The Federal Reserve’s decision to cut rates for the third time this year signals more than just monetary easing. Fed Chair Jerome Powell and policymakers chose this path amid rising inflation and a still-fragile job market, with markets pricing in a 90% chance of a quarter-point cut today. But

Hong Kong real estate, unlike many global markets, is set for a notable up to 5% price increase in 2026 amid a unique confluence of mainland buyer influx, interest rate cuts, and reduced inventory. Analysts from JLL and Cushman & Wakefield highlight that the combination of stamp duty adjustments and

Norway’s $2.1 trillion sovereign wealth fund stands out in global finance by planning to manage a larger share of its transaction flow internally. This shift aims to cut costly external trading fees and unnecessary market impact. But this move isn’t just about saving money—it’s about

Spending millions per video once guaranteed MrBeast tens of millions of views. His 25-minute videos now double prior length, reflecting a shift from flashy giveaways to storytelling anchored content. But this isn’t merely about lengthening videos—it’s a fundamental pivot away from spectacle-driven formats toward durable audience engagement