Trump Eyes Venezuela's Vast Oil Reserves But Faces Big Roadblocks

February 16, 2026

Trump Eyes Venezuela's Vast Oil Reserves But Faces Big Roadblocks

After seizing Venezuelan leader Maduro, Trump aims to unlock Venezuela’s massive oil reserves. But crumbling infrastructure, political hurdles, and low oil prices challenge US oil firms.

ByteDance to Restrict AI Video Tool After Disney Cease-and-Desist

February 16, 2026

ByteDance to Restrict AI Video Tool After Disney Cease-and-Desist

ByteDance is scaling back its AI video tool Seedance 2.0 following legal threats from Disney over copyright issues. Hollywood studios fear the tool's ability to create realistic star videos with simple text commands.

Hongkongers Make 1.4 Million Outbound Trips Ahead of Lunar New Year, Up 21.6%

February 16, 2026

Hongkongers Make 1.4 Million Outbound Trips Ahead of Lunar New Year, Up 21.6%

Hongkongers took nearly 1.4 million outbound trips before Lunar New Year, a 21.6% jump from last year, thanks to longer holidays and the Valentine's Day holiday overlap.

Chinese Families Shun Pre-Made Meals After Lunar New Year Food Scandal

February 16, 2026

Chinese Families Shun Pre-Made Meals After Lunar New Year Food Scandal

Chinese families are steering clear of pre-made meals this Lunar New Year after a food fight between a star influencer and a restaurant chain hit reunion dinner tables. Many prefer quality, saying pre-made dishes feel cheap and unrefined.

KSE-100 Drops 2,242 Points as Pakistan Market Sees Mixed Stock Moves

February 16, 2026

KSE-100 Drops 2,242 Points as Pakistan Market Sees Mixed Stock Moves

Pakistan's KSE-100 index slumped 2,242.94 points by 11:05 AM Monday amid weak corporate earnings. Trust Securities surged, while Ecopack and others fell sharply.