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Concerns about returns on AI investments are denting sentiment toward the mega-cap techs that powered this year's rally. On Tuesday the Nasdaq-100 fell 1.6% and was poised to close in a correction (defined as a 10% decline from the peak), having reac

2026-07-28

Concerns about returns on AI investments are denting sentiment toward the mega-cap techs that powered this year's rally. On Tuesday the Nasdaq-100 fell 1.6% and was poised to close in a correction (defined as a 10% decline from the peak), having reached that threshold in just 38 trading days. By contrast, the pullback prior to March took more than 100 trading days to fall 10% from its October 2025 high.

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2026-07-28

Deputy head Wang Daoshu said on July 28 that H1 nationwide enforcement recovered 180.6 bln yuan in tax losses, up 20.8% YoY. Authorities identified 3,200+ firms for fraudulently or improperly claiming tax preferences, assessing 12 bln yuan in additio

Deputy head Wang Daoshu said on July 28 that H1 nationwide enforcement recovered 180.6 bln yuan in tax losses, up 20.8% YoY. Authorities identified 3,200+ firms for fraudulently or improperly claiming tax preferences, assessing 12 bln yuan in additional tax; probed about 32,400 firms for issuing false invoices and recouped 4.6 bln yuan in export tax rebate losses. More than 500 tax intermediaries were found to have aided evasion through malicious planning or collision; sanctions include listing firms and individuals as untrustworthy tax service providers.
2026-07-28

According to Japan's TBS television: Kumamoto police stated that a considerable number of people may have died in the Aeon shopping mall bombing.

According to Japan's TBS television: Kumamoto police stated that a considerable number of people may have died in the Aeon shopping mall bombing.
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