Business

    TOKYO / RankWire.AI / – Japan’s Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to 65,096.63 before extending losses to an intraday low of 64,832.10. Selling centered on technology and other rate sensitive shares during the opening hours. The broader Topix also…

    HONG KONG / RankWire.AI / – Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The…

    BUSAN, SOUTH KOREA / RankWire.AI / – A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New Port on August 22 for a planned 45-day…

    TOKYO, JAPAN / RankWire.AI / – Japan posted record monthly values for both imports and exports in July 2026, as higher energy costs and strong technology demand lifted total trade. Imports climbed 27.8% from a year earlier to about 12.15…

    Luxury

    Rolex introduces the latest addition to its esteemed collection with the unveiling of the new Oyster Perpetual Rolex Deepsea model. Breaking tradition, this iteration marks the first-ever presentation of the divers’ watch in 18 ct yellow gold. Sporting a distinctive 60-minute…

    The Rolex Oyster Perpetual Day-Date, a beacon of horological prestige, marries the elegance of 18 ct gold or 950 platinum with groundbreaking innovation. Since its launch in 1956, it has stood out as the first wristwatch to display both the date and…

    The 53rd edition of the Watch & Jewellery Middle East Show, unveiled its treasures on January 31st in Sharjah. This prestigious event, a collaboration between Expo Centre Sharjah and the Sharjah Chamber of Commerce and Industry, has become a beacon for luxury connoisseurs worldwide,…

    Porsche, the renowned sports car manufacturer, has teamed up with Frauscher Shipyard to unveil the 850 Fantom Air, their inaugural electric sports boat. Powering this maritime marvel is the drive technology slated for Porsche’s upcoming all-electric Macan. International media and enthusiasts recently…