Iraq Reaffirms Commitment to OPEC as UAE Exits Amid Global Energy Tensions 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets 
Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions 
Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Cash-strapped carmaker SsangYong Motor Co. will receive acquisition proposals through September 15, having 11 investors from home and abroad already submitting letters of intent.
A two-way race between local investors SM Group and Edison Motors Co. is expected.
SM Group's businesses range from construction to auto parts manufacturing.
Meanwhile, Edison Motors Co. has teamed up with a homegrown equity fund, Korea Corporate Governance Improvement (KCGI) in pursuing SsangYong.
Mahindra holds a 74.65 percent stake in SsangYong.
With a lineup consisting of the Tivoli, Korando, Rexton, and Rexton Sports SUVs, SsangYong's sales from January to July fell 15 percent on-year to 48,229 autos from 56,846.
SsangYong plans to develop at least five electric vehicle models over the next four years and aims to launch its first electric vehicle, the Korando Emotion, in Europe in October.
