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Nvidia-Backed SB Energy Seeks $7 Billion In Nasdaq IPO

SB Energy, an AI power infrastructure company backed by SoftBank, OpenAI, and Nvidia, has filed for an IPO with the SEC despite having zero operational data centers and no revenue to date. The company posted a $3.2 bill…

1 min read

US construction spending drops to nearly three-year low in July

In 2025, the engineering and construction industry’s early growth momentum was increasingly tested by emerging challenges as the year progressed: Real value added climbed to US$890 billion in the second quarter—a 1% inc…

10 min read

Shein Share Price: Shares Close Flat After Rocky Hong Kong Debut

Shein’s shares closed nearly flat at HK$48.50 in Hong Kong on Monday, barely below their HK$48.56 IPO price, after an early slide of up to 10% during trading. The debut caps years of failed attempts to list in New York …

1 min read

Commodities Extend Dominance as Most Major Assets Rise in August

As the BRICS bloc expands, efforts by BRICS policymakers to increase global use of non-dollar currencies—particularly the Chinese renminbi—are accelerating. Washington should take note of how frustrations with the dolla…

52 min read