According to a new report by Teikoku Databank, bankruptcies among Japanese game companies that develop and run mobile games have seen a sharp rise, Automaton Media reported. Just between January and July 2026, a total of 10 such bankruptcies were recorded, far exceeding the total of three bankruptcies seen throughout all of 2025. Given this pace, the industry is likely to see a new record-high number of annual bankruptcies by the end of 2026, surpassing 2015 (when 12 mobile game developers went under).

Singapore on Tuesday sharply lifted its annual economic growth forecast, citing a stronger-than-expected performance in the first half and boost from AI-related sectors and exports, CNBC reported. The Ministry of Trade and Industry said GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the lower end of its previous forecast of 2%-4%.

Corporate bankruptcies in Japan exceeded 1,000 in July for the second consecutive month, as labour shortages and rising costs continued to put pressure on smaller businesses, The Nation reported. A total of 1,028 companies went bankrupt during the month, up 6.9% from a year earlier, according to Xinhua, citing a Kyodo News report based on data from Japanese credit research firm Tokyo Shoko Research.

Ironhill India has invested about $7m (£5.5m) in the Pennsylvania-based craft beer business, including $4m earmarked to revive and reopen five outlets, The Drinks Business reported. The deal also sees Ironhill India acquire the U.S. brewery, which was founded in 1996, out of bankruptcy. The combined group plans to expand to about 43 outlets by 2030, with 27 in India and 16 in the U.S. The integration gives Ironhill India access to the Ironhill global trademark, as well as established brewing expertise and operational systems in the U.S. market. “Joining forces with Ironhill U.S.

Even as countries around the world move to curb the flood of Chinese goods, China’s export machine continues to steam ahead, the New York Times reported. The country posted a trade surplus of $112.5 billion in July, according to data released on Friday by the General Administration of Customs. It was the third straight month in which China’s exports exceeded its imports by more than $100 billion — a staggering sum that puts the country on pace to surpass last year’s record $1.19 trillion trade surplus. In July, China’s exports rose 23.9 percent in U.S.

Japan’s household spending has unexpectedly fallen for a seventh month even as real wages continued to increase, reflecting the impact of persistent inflation on consumer sentiment, Bloomberg News reported. Outlays by households adjusted for inflation dropped 3.3% in June from a year earlier, the internal affairs ministry reported Friday. Economists had forecast a 0.9% increase. Compared with May, spending declined 6.4% on a seasonally adjusted basis. The decline in overall spending was led by drops in spending on food, utilities, transportation and communications and apparel.