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U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●

Asia

China Exports Jump on AI Demand, SK Hynix Eyes New Plants

Asia Financial · 1h ago · 🇨🇳 China

China Exports Jump on AI Demand, SK Hynix Eyes New Plants

China's exports rose 24% in July on demand for data processing parts, Customs data shows, while SK Hynix has said it will spend $38bn on two more plants in Korea The post China Exports Jump on AI Demand, SK Hynix Eyes New Plants appeared first on Asia Financial .

Read the full story at Asia Financial →

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Beijing says 20% offshore insurance tax not new – and does not target Hong Kong

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Quote of the day by Philip Carret: "I’m an optimist, both as a person and an investor. It’s a big mistake to be pessimistic as long as we have a viable civilization which is reasonably well managed"

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