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THE INTERNETChina's Zhipu AI launched a roughly $4 billion Hong Kong share sale after a 13.4% single-day surge, pricing new shares at a 7–13%…BIG AIGovernment now sits at the frontier release gate on both sides of the Atlantic, in opposite configurations.GLOBAL MARKETSThe AI "peak-out" fear turned from a debate into a global tape event — and a record profit made it worse.LUXURY SEAHainan's offshore duty-free sales rose 18.8% year on year to 19.92 billion yuan in the first half of 2026THE INTERNETBeijing is weighing limits on overseas access to China's most advanced AI modelsBIG AIEvery major model launch this week led on price rather than raw capability: Meta priced Muse Spark 1.1 at $1.25/$4.25 per million…GLOBAL MARKETSGold falling on a day of tanker attacks and a revoked Iran oil waiver is the cleanest signal on the tape.LUXURY SEADesigner Kunal Rawal opened his flagship store at Ambawatta One, the luxury retail precinct in Mehrauli, Delhi.THE INTERNETZhipu AI launched a roughly $4 billion Hong Kong share sale.BIG AISecretive China Chipmaker Is Built to Dodge US CurbsGLOBAL MARKETSNY Fed's John Williams called policy "well positioned," expecting falling energy to lower inflation while declining to signal the…LUXURY SEAAsian governments are widening visa access to compete for foreign visitors in 2026.THE INTERNETThis week's Chinese AI share placements ran largely without Wall Street banks.BIG AICivil society urges EU to make 'full use' of AI enforcement powersGLOBAL MARKETSThe NY Fed's survey showed one-year inflation expectations rising to 3.7%, the highest since 2023, despite falling energy prices.LUXURY SEAThe Tourism Authority of Thailand forecasts Israeli arrivals will exceed 442,530 in 2026

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