China

Tropical Storm Maysak made landfall between Sanya and Lingshui on Hainan Island on July 3, 2026, bringing winds of 83–100 km/h, up to 250mm of rainfall, and shutting down airports, rail lines, and schools across the island. Hong Kong, sitting roughly 680km northeast of the storm's center, faces only a Standby Signal No. 1 with a low probability of escalation to No. 3, meaning Pearl River Delta ports and airlines are expected to see minimal disruption. A second landfall near the Vietnam-Guangxi coast is forecast for Saturday evening, with northern Vietnam bracing for 3–5 meter waves and heavy rain through July 7.

TSMC distributed NT$103 billion to Taiwan employees on July 3, 2026, closing out a record FY2025 compensation cycle in which the total profit-sharing pool of NT$206 billion equaled 12% of consolidated net income — far above the 1% statutory floor. Per-capita payouts grew 31.6% to NT$2.64 million, but that figure decelerated from the prior year's 40% gain as headcount expanded 8% simultaneously. CEO C.C. Wei publicly committed to another above-30% per-capita increase for FY2026, framing the system as having no ceiling — a signal that matters for shareholders already absorbing record capex of up to US$56 billion alongside rising labor costs.