
South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank
The Bank of Korea is worried that a wage-price spiral is increasing consumer demand and pushing up prices.

Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
The startup previously raised $17 million in a round led by Benchmark.

Portugal Eyes Wealth Fund for Strategic Stakes, Premier Says
The Portuguese government plans to create a sovereign wealth fund that would allow the state to retain stakes in strategic…

AI is turning CMOs into some of the most powerful executives in business
Chief marketing officers are gaining influence in the C-suite as AI reshapes consumer behavior.

As public sentiment sours, Indonesia awaits MSCI verdict which risks $13 billion in capital outflows
Indonesia's market is now one of the world’s worst-performing, with the Jakarta Composite Index falling over 28% in 2026 thus…

JPMorgan’s Lipikhina Sees Europe Stocks Lagging Despite Oil Drop
European equities may struggle to keep pace with US and emerging market peers in the second half of the year…

NASA just named an all-male crew for ‘Artemis III’: what’s a woman to do?
I studied 25 women astronauts to learn how high-performing women become leaders. The path starts long before the workplace, and…

Veteran Middle East CEO says business in the region isn’t retreating—it’s resetting
Also: All the news and watercooler chat from Fortune.

Starmer quits and sets out plan for new U.K. PM by September
Starmer’s departure paves the way for Andy Burnham to attempt to take over as successor.

Wall Street is more focused on what Iranian officials are saying than Trump’s war-threat tweets
Everything you need to know before you reach the office this morning.

China Lays Out Blueprint to Boost Consumption of Clean Energy
China has laid out broad new rules that mandate increased use of renewables as it continues to shift the focus…

Lithium Plunges in China on Speculation Over Status of CATL Mine
Chinese lithium futures have shed about 9% in two days on unconfirmed speculation one of the world’s biggest mines for…