July 13, 2026 · Daily Global-Macro Brief

July 13, 2026 311 stories · 351 articles, 40 merged · refreshed 2026-10-11 01:37 UTC ▲ 44▼ 55◆ 17– 144

Markets 37

US Dollar Index climbs to about 101.30, up roughly 0.3% amid Hormuz tensions
WTI crude jumps ~9% to around $78 per barrel, reaching a one-month high
Major FX pairs slip: EUR/USD near 1.1380 (-0.3%), GBP/USD around 1.3350 (-0.4%)
Gold falls below $4,000, down about 3% as the dollar strengthens
US CPI for June expected at 3.8% YoY, with Fed Chair testimony later in the session

Read on FXStreet ↗ also: FXStreet

Brent crude jumped >9%, its biggest one‑day gain since 2020
Dow Jones futures fell 40 points (‑0.1%) while S&P 500 and Nasdaq‑100 futures hovered near flat
Treasury yields rose sharply as higher oil prices raise inflation concerns
Earnings from JPMorgan, Goldman Sachs and Bank of America and June CPI data are awaited

Read on CNBC Top News ↗

WTI crude jumped 9.4% to settle above $78/bbl; Brent rose 9.6% to just over $83/bbl after Trump reinstated Iran blockade.
Refiner Valero (VLO) rose ~5%, highlighted as the pure‑play beneficiary of tighter refining capacity.
Dow Inc. (DOW) shares gained >4% and Mosaic (MOS) up nearly 4% on expectations of lower domestic energy costs.
Discount retailers Walmart (WMT) up ~1% and off‑price retailer TJX (TJX) seen as bargains amid higher fuel prices.
Broad market fell: S&P 500 down ~0.8% and Nasdaq down ~1.5% as oil spike weighed on equities.

Read on CNBC Energy ↗

GBP/USD fell to 1.3349, down 0.39%, after rejecting the 1.3400 resistance and 200‑day EMA
U.S. moves to impose a 20% transit fee on the Strait of Hormuz lifted the dollar across major currencies
Rate futures now price a 25‑bp Fed hike by September, with about 75% odds of rates above the 3.50‑3.75% range
June US CPI is forecast at 3.8% YoY (down from 4.2%) with core inflation at 2.9% YoY
GBP/USD support sits at 1.3350; a break could push the pair toward 1.3300

Read on FXStreet ↗

Euro/USD fell 0.31% to 1.1379, down from a recent high of 1.1445
US 10-year Treasury yield rose 6 basis points to 4.624%, reflecting rate‑hike expectations
Dollar Index (DXY) gained 0.32% to 101.28 as oil price spikes boosted safe‑haven demand
Fed Governor Christopher Waller warned a hot core CPI could trigger a rate‑hike debate, pricing ~42 bps of tightening
Middle‑East escalation lifted oil prices, reinforcing the dollar's strength

Read on FXStreet ↗

U.S. equity indices slipped amid a sharp sell‑off in AI‑related chip stocks
AI chip shares fell sharply, eroding confidence in the AI trade
Crude oil prices jumped, boosting the energy sector

Read on WSJ Markets ↗

Nasdaq fell about 1.5% with technology and AI stocks leading the decline
10-year Treasury yield rose above 4.6% as oil prices jumped after US‑Iran tensions
CME FedWatch probability of a July rate hike climbed to roughly 50% from 25% a week earlier
Oil prices surged following U.S. strikes on Iran and a proposed 20% toll on Strait of Hormuz traffic
June CPI is forecast at a 3.8% annual rise with a 0.1% month‑over‑month dip

Read on CNBC Top News ↗

Dow Jones Industrial Average down 0.2% to about 52,525 after a rally to 52,841 unraveled
WTI crude jumps over 5% to above $75 per barrel and Brent rises 5.3% toward $80
US announces a 20% levy on cargo escorted through the Strait of Hormuz, heightening geopolitical risk
June CPI expected to fall 0.1% MoM to 3.8% YoY; Fed rate futures show ~20% chance of a July hike

Read on FXStreet ↗

Dollar index up 0.21% to 101.27
Yen weakened to 162.43 per dollar, near 40‑year low
Brent crude rose >9% to $83.30 a barrel
Fed Governor Christopher warned rates may need to rise if inflation stays above 2%
US‑Iran hostilities escalated with missile and drone exchanges, prompting risk‑off tone

Read on Channel NewsAsia Business ↗

CAD trades around 1.4144 vs USD, marking a fifth straight day of USD weakness
WTI crude climbs over 4% to about $74.50 amid Strait of Hormuz tensions
US Dollar Index hovers near 101.14 after briefly slipping below 101.00
Bank of Canada expected to keep its policy rate unchanged at 2.25% on Wednesday
US CPI data due Tuesday; Fed likely to hold rates steady with 71% odds of a September hike

Read on FXStreet ↗

BNM kept the overnight policy rate unchanged at 2.75% for a sixth consecutive meeting.
Growth forecast remains in the 4‑5% range for 2024, with weaker commodity output potentially pulling it lower.
Headline and core inflation averaged 1.7% and 2.1% in the first five months, within the 2026 target range of 1.5‑2.5%.
USD/MYR eased to 4.07 amid domestic political uncertainty and upcoming state elections.

Read on FXStreet ↗ also: FXStreet

10-year JGB yield rose to 2.901% (highest since 1996) and sits at 2.78%, up >70 bps YTD
20-year JGB yield reached 3.901% and 30-year segment attracted ¥9.3 trn of inflows for 2025
BOJ ended yield‑curve control in March 2024, moving policy rate to around 1% and making JGBs more attractive
Analysts warn 30‑year yields above 4.5% could trigger life‑insurer sell‑offs, posing a risk
GPIF may reallocate from its $1.8 trn pool into domestic bonds, providing market support

Read on CNBC Top News ↗

Margin debt continues to climb as investors seek higher returns
Borrowing to buy equities signals heightened risk appetite
Wall Street analysts warn rising leverage could amplify market volatility
Higher leverage may precede a correction if stock prices stall

Read on MarketWatch Top Stories ↗

USD/CNH fell to 6.7766 before rebounding to 6.7818, a 0.21% move
Intraday consolidation likely between 6.7780 and 6.7920
1‑3 week range forecasted between 6.7700 and 6.8100
Sustained recovery would need a break above the 21‑week EMA at 6.8430

Read on FXStreet ↗

Q2 2024 recorded the strongest gain for U.S. equities in six years
Billionaire investors added positions in three high‑growth sectors
Analysts project these sectors will lead the next market leg higher

Read on MarketWatch Top Stories ↗

Jefferies screens for large-cap U.S. stocks in the bottom quintile of volatility with forward dividend yields above 3%
Recommended names: Procter & Gamble (3% yield), Pfizer (6.9% yield), Simon Property Group (4.3% yield), KeyCorp (3.8% yield)
FactSet price targets suggest upside of 7.5%–10% for these stocks, with YTD moves ranging from +3% (PG) to -2% (PFE) and +18% (SPG)
Market volatility remains elevated due to Iran war concerns, oil price swings, inflation, and AI stock valuations

Read on CNBC Top News ↗

Unexpected price movements have reshaped commodity markets in early 2026
Analysts cite supply chain disruptions and demand shifts as key drivers
The surprise has implications for related equities and currencies
Investors are re‑evaluating exposure to energy and metal assets

Read on Investing.com Commodities ↗

AUD/USD fell to around 0.6930, down from the opening level of about 0.6950
Escalating US‑Iran tensions boosted the US dollar and pressured the risk‑sensitive Aussie
Investors await China Q2 GDP (forecast 4.5% YoY) and US June CPI (forecast 3.8% YoY) for further direction

Read on FXStreet ↗

USD/CHF rises to ~0.8126, its highest level since June 25, up 0.5% on the day
CHF has depreciated over 5% against the USD since the US‑Iran conflict began in late February
SNB purchased CHF 3.94 billion of foreign currency in Q1 2026, indicating readiness to intervene
Traders await US CPI data and Fed Chair Kevin Warsh's congressional testimony for rate‑path clues

Read on FXStreet ↗

U.S. now top source of helium for Japan, South Korea and Taiwan, according to customs data
Iran war and Chinese export restrictions are tightening global helium supplies
Analysts expect U.S. helium market share to grow further as supply constraints persist

Read on Nikkei Asia ↗

Finance Minister Satsuki Katayama called on the GPIF to boost its Japanese government bond allocation.
The GPIF, the world’s largest pension fund with assets around ¥200 trillion, may shift more toward JGBs.
Analysts question the move, warning that forced buying could distort bond pricing and reduce liquidity.
The push comes as Japanese bond yields have risen sharply, prompting concerns over higher interest rates.

Read on Nikkei Asia ↗

Topix is projected to shrink its component count as AI‑driven giants expand.
Small‑ and mid‑cap stocks are being displaced, with Kioxia Holdings leading the surge.
Structural reforms and AI hype have boosted market capitalizations of AI‑related firms.

Read on Nikkei Asia ↗

USD/SGD opened higher, facing resistance at 1.2945‑1.2955
1‑3 week view: range between 1.2890 and 1.2990
Break above 1.3000 could target 1.3095 by Nov 2025
Support levels at 1.2920 and 1.2910

Read on FXStreet ↗ also: FXStreet

S&P/BMV IPC fell 0.79% at the close of trade
Broad Mexican equity market recorded a decline
Investor sentiment turned negative amid the session

Read on Investing.com Economy ↗

Investors seeking short‑term gains often overlook the impact on long‑term portfolio performance
Research shows active stock picking rarely beats passive index exposure over extended periods
Maintaining a disciplined, diversified strategy is recommended to avoid derailing long‑term goals

Read on MarketWatch Top Stories ↗

NZD/USD has stayed under its 200‑day SMA for 25 consecutive sessions, trading at 0.5754
RSI shows buyers still in charge, yet consolidation risk remains elevated
A break below 0.5700 could trigger support at 0.5672, 0.5650 and further down to 0.5600
Immediate resistance sits at 0.5794 and 0.5800, with the 50‑day/200‑day SMA cluster near 0.5812‑0.5819

Read on FXStreet ↗

EM equity share excluding South Korea and Taiwan is just over 4%, the lowest level in three years
Allocation to South Korea and Taiwan dominates EM equity positioning, accounting for the bulk of exposure
EM equity allocation has fallen almost 20% over the past three years
BNY recommends adding EM exposure ahead of any recovery for a more attractive risk‑reward profile

Read on FXStreet ↗

Oil jumped ~10% from $72 to $78 per barrel in three days before pulling back, with year‑end forecast unchanged at $70
Bloomberg Commodity Index (BCOM) rose 2% for the week, below the typical weekly move this year
Agricultural commodities are up 7% month‑to‑date, with softs gaining 8% in the past week
Societe Generale unveiled a cross‑commodity term‑structure model covering 27 markets and generating forward curves out to two years
Middle East tensions had limited impact on the broader commodity complex this week

Read on FXStreet ↗

Read on WSJ Markets ↗

Read on Channel NewsAsia Business ↗

Read on WSJ Markets ↗

Macro/Economy 28

CNBC's 'America's Top States for Business' study ranks state economies based on job growth, economic growth, major companies, fiscal health, and real estate.
Oklahoma is highly dependent on federal funding (40.4% of state spending) and faces housing market stress.
North Dakota recorded the lowest economic growth nationally and low new business formations, with its oil boom largely over.
New Hampshire struggles with spending outpacing revenues, a $5.5 billion pension gap, and low new business survival rates.
Alaska shows significant reliance on the federal government (45.3% of state spending) and a large federal employee workforce.

Read on CNBC Top News ↗ also: CNBC Top News

China's housing market now in its fifth year of decline, moving into an L-shaped stagnation with a K-shaped regional split
Absorption periods as of May 2026: 21 months in Tier‑1 cities, 27 months in Tier‑2, and about 84 months in lower‑tier cities
Developer funding contracted 18% year‑on‑year in the first half of 2026
New construction starts have fallen to just 24% of their July 2021 level

Read on FXStreet ↗

Headline CPI forecast to fall 0.2% MoM to 3.8% YoY, down 0.4 percentage points from May
Core CPI projected to rise 0.2% MoM with annual rate at 2.8%, still above the Fed's 2% goal
U.S. crude oil prices have dropped about 25% in June, helping lower headline inflation
Markets pricing in a Fed rate hike as early as September despite mixed inflation signals
Fed Governor Christopher Waller says policy focus will stay on core inflation and AI‑driven price pressures

Read on CNBC Top News ↗

Development banks collectively delivered a record level of climate financing, the highest on record.
World Bank signaled it will scale back its climate finance contributions in the coming year.
Analysts warn the pullback could temper overall growth in global climate funding despite the record.

Read on Investing.com News ↗

PM Anutin will travel to Beijing and Shanghai from July 16‑20 to pitch tech investment
Thailand aims to draw 2.5 trillion baht in semiconductor projects and train 230,000 skilled workers by 2050
EVs targeted to represent 30% of auto output by 2030, equal to 725,000 cars and 675,000 motorcycles
Q1 2024 FDI saw 427 projects worth 965 bn baht; China contributed 17 bn baht
Fast Pass programme will streamline approvals for foreign investors

Read on Bangkok Post Business ↗

State-owned NTPC will help fund foreign uranium mining projects.
Investment is intended to secure fuel for India's planned nuclear capacity growth over the coming decades.
The move aligns with India's broader strategy to expand nuclear power generation as part of its energy mix.

Read on Northern Miner ↗

AI supercycle in Taiwan is approaching its cyclical peak
DBS projects above‑trend GDP growth through Q3 2026, then a slowdown from Q4 2026
Inflation expected to stay sticky, prompting revised GDP and CPI forecasts

Read on FXStreet ↗

Governor Gavin Newsom signed a $3,500 rebate for first-time EV buyers in California.
The federal clean vehicle tax credit of up to $7,500 was eliminated in September 2025.
U.S. EV sales fell sharply after the credit removal, prompting state-level incentives.

Read on Ars Technica ↗

The 21st Century ROAD to Housing Act, signed July 10, contains more than 50 provisions targeting supply and affordability.
Grants and forgivable loans will be made available for home repairs, while ADU financing limits are expanded under FHA‑insured loans.
Institutional investors' ability to purchase single‑family homes is limited, and the chassis rule rollback could cut manufactured‑home costs by about $10,000.
Mortgage lenders such as Better Mortgage report an average 19‑day closing, roughly half the national average, and credit unions require as little as $5 to join.

Read on CNBC Top News ↗

U.S. Department of Defense commits $25 million to ReElement Technologies.
Funding targets a commercial rare‑earth processing plant in Marion, Indiana.
Move supports a broader U.S. push to lessen dependence on China for critical minerals.
ReElement will use novel technology to refine rare earths and other critical minerals.
Investment underscores growing government focus on securing supply chains for defense applications.

Read on SCMP Economy ↗

Chinese EV makers are gaining global market share with lower-cost, high-quality models
Canada and the EU are pursuing "reverse tech transfer" by courting Chinese auto investment and technology
The United States remains hesitant, keeping its auto sector reliant on domestic sources

Read on SCMP Economy ↗

Calls for increased investment in digital and green infrastructure to raise long‑term productivity
Advocates tighter banking supervision and capital buffers to enhance financial system resilience
Urges coordinated fiscal policies across member states to support sustainable growth

Read on ECB Press ↗

EU electricity accounts for roughly 23% of total energy consumption, below target levels.
IEA head Fatih Birol labels Europe's slow shift from imported fossil fuels a "major mistake".
Low electrification is seen as a drag on EU competitiveness and economic sovereignty.
The warning follows the 2022 energy crisis that exposed reliance on external fossil fuels.

Read on OilPrice ↗

Developers that restructured debt in past years now report tighter cash flows in 2024
Ongoing property market downturn continues to strain financing for private firms
Liquidity pressures raise risk of defaults despite earlier restructuring efforts

Read on Nikkei Asia ↗

Memory chip prices have risen about sixfold
Higher chip costs are pushing up consumer electronics prices
Smartphone and computer sales could fall by roughly 200 million units
Booming AI investment is identified as the driver of the price jump
Electronics shipments are sliding to record‑low levels

Read on Nikkei Asia ↗

Illinois pension fund has significant equity exposure, making it vulnerable to market declines
Comptroller warns that a 10% drop in the S&P 500 could trigger funding shortfalls
Potential fiscal pressure could affect state services and bond ratings

Read on WSJ Markets ↗

Dedicated laws for Hong Kong's Northern Metropolis project will not override the Environmental Impact Assessment Ordinance.
Authorities clarified this position following a meeting of the government-appointed Advisory Council on the Environment.
The meeting's agenda included streamlining procedures for construction noise permits within the development near mainland China.

Read on SCMP Economy ↗

Remittances reached 1.004 trillion yen ($6.2 bn) in FY2025, a record high
Total remittances rose 11.5% compared with the previous fiscal year
Vietnam accounted for nearly 30% of the outflows, the top recipient
Indonesia was the second‑largest destination for Japanese remittances

Read on Nikkei Asia ↗

Read on SCMP Economy ↗

Central Banks 9

12‑month PCE core inflation climbed from 3.0% in Dec 2025 to 3.4% in May 2026
Labor market added about 111,000 jobs per month over the last three months, versus a 9,600‑job average in 2025
Waller signals possible tighter monetary policy if inflation stays elevated, but cautions against overtightening that could trigger a recession
Falling energy prices from April highs are supporting consumer spending

Read on Federal Reserve Speeches ↗ also: CNBC Top News

USD Index climbs to about 101.25, rebounding from a low of 100.80
FedWatch tool shows a 41% chance of a July rate hike, up from 25% a week ago
CPI expectations: headline inflation down 0.1% MoM in June, core CPI steady at 0.2%
WTI crude up more than 8% to $77.72, highest level since June 22
Middle East tensions in the Strait of Hormuz revive oil‑inflation concerns

Read on FXStreet ↗

CME FedWatch shows a 46.5% chance of a 0.25% rate hike on July 29, up from 34% on Sunday
Kalshi prediction market odds for a hike rose to 36%, from under 20% on Sunday
June CPI is expected at 3.8% YoY, down from 4.2% in May
U.S. oil prices jumped more than 5% to above $75 per barrel after Trump reinstated Iran port blockade
Fed Governor Christopher Waller warned against repeating past rate‑delay mistakes, hinting at a more hawkish stance

Read on CNBC Top News ↗

Negotiations start July 13 with goal to pass final law by year‑end
ECB plans formal approval on 1 Jan 2027, with rollout expected in 2029 after a pilot in 2025 involving ~40 banks
Proposed holding limit of €3,000 per person, with no interest paid on digital euro balances

Read on Channel NewsAsia Business ↗

Dollar may fall as Fed likely to avoid rate hike this year
ING analysts predict no rate increase in 2024
Fed's dovish stance could weigh on USD

Read on WSJ Markets ↗

Inflation is expected to fall back to the 2% target over the medium term
The bank is not discussing a shift to a tighter policy stance, extra easing may still be needed
NZD/USD slipped 0.09% to 0.5756 after the remarks
Middle East conflict adds upside risks to the September‑quarter growth forecast

Read on FXStreet ↗

Suspicious transaction volume fell ~35% after April 1 rule requiring cash withdrawals over 5 million baht to be declared
Bank aims to cut suspicious flows by 70% and will extend reporting to cash deposits over 5 million baht in Q4
Correlation between the baht and gold prices dropped from 0.8 to 0.45 following tighter gold‑trading oversight
GDP growth forecast for 2026 raised to 2.3% from 1.5%, while long‑term growth potential cited at 2.7%
Regional rubber yields stagnate just above 200 kg/rai, versus Vietnam's near‑300 kg/rai

Read on Bangkok Post Business ↗

European Parliament approved digital euro legislation with roughly 70% support
ECB targets first issuance in 2029, assuming legislation finalised by end‑2026
Pilot phase planned for 2027 to test design, including offline payment capability
Around two‑thirds of European card payments are processed by non‑European systems
Commission, Council and Parliament to negotiate final text by year‑end

Read on ECB Press ↗

Read on Federal Reserve Speeches ↗

Energy/Oil 18

Brent crude rose above $82 per barrel, up more than 8% in a day
WTI surged past $77 per barrel, also gaining over 8%
The rally erased most of the losses incurred after last month’s ceasefire
Prices spiked after President Trump reinstated the Iran blockade, heightening Hormuz risk

Read on OilPrice ↗ also: WSJ Markets

Global CO2 emissions rose to a new record high of 42.2 Gt in 2026
Renewable energy capacity increased by 15% YoY to 3.5 TW
Carbon intensity of global energy mix decreased by 2.5% YoY

Read on OilPrice ↗

Crude prices climb as US-Iran hostilities resurface
Renewing concerns of supply disruptions and price volatility
Gasoline and diesel refining margins at four-year highs

Read on OilPrice ↗ also: WSJ Markets

The United States has held the position of world’s largest oil producer since 2018.
In 2024, U.S. crude output continued to outpace Russia and Saudi Arabia, widening the production gap.
Russia and Saudi Arabia’s output remains constrained by voluntary OPEC+ production cuts.

Read on OilPrice ↗ also: Investing.com Commodities

SPR inventory fell to its lowest point in over a decade, roughly 600 million barrels remaining
Recent equipment failures, leaks and spills have further reduced usable reserve capacity
President Trump pledged to tighten control over the Strait of Hormuz, heightening supply‑risk concerns
Low reserve levels could pressure global oil prices if geopolitical tensions rise

Read on MarketWatch Top Stories ↗

OPEC lowers 2026 global oil demand growth forecast to 780,000 bpd
Demand growth forecast down 190,000 bpd from last month's estimate
OPEC still expects stronger consumption than the International Energy Agency

Read on OilPrice ↗

Brent price held between $75 and $82 per barrel in recent sessions
Middle‑East war risk supports price near the $82 upper bound
Global oversupply concerns cap gains, keeping price below $82

Read on Investing.com Commodities ↗

WTI spot price around $75, up ~5% on the session after early low of $72.53
Brent crude near $80, also rising on renewed Strait of Hormuz tension
US Strategic Petroleum Reserve fell to 319.5 million barrels, lowest since 1983
Total US crude inventories at 734 million barrels, lowest since 1984, with Cushing stocks under 20 million barrels
Trump reinstated a 20% levy on cargoes transiting the Strait of Hormuz, reviving a blockade

Read on FXStreet ↗

EU imported 9.97 million metric tons of Russian LNG in the first half of 2026
Import value reached €5.96 bn (~$6.82 bn), a 16% increase from H1 2025
European buyers absorbed over 97% of Yamal LNG's output during the period
Higher imports come as the EU prepares for a 2027 ban on Russian LNG

Read on OilPrice ↗

U.S. 3-2-1 crack spread rose above $60 per barrel, a record high
Crude prices have fallen to pre‑Iran‑war levels while gasoline, diesel and jet fuel remain pricey
Refining margins are at their strongest in years, lifting earnings outlook
Strait of Hormuz reopening has not eased product price pressures, keeping spreads high

Read on OilPrice ↗

Abu Dhabi‑based XRG acquired an additional equity interest in Rio Grande LNG's Train 4 and Train 5 at Brownsville, Texas
The purchase deepens XRG's exposure to the U.S. flagship LNG export facility
The deal reflects the UAE's broader strategy to increase participation in the global LNG market
Analysts see the move as positioning ADNOC for long‑term LNG demand growth

Read on OilPrice ↗

More than 8 million barrels of oil transited the Strait of Hormuz on Sunday with U.S. military assistance.
Ship traffic fell about 60%, with 14 vessels (4 crude tankers) versus 37 vessels a week earlier.
Middle East Gulf oil flows average 15 million barrels per day; pre‑war traffic exceeded 100 ships daily.
Iranian attacks have shifted routes, with the southern corridor effectively collapsed and the Omani route nearly halted.

Read on CNBC Energy ↗

Natural gas futures fell for a fourth consecutive session
Large storage surplus weighed on market sentiment
Lower LNG demand due to maintenance at Freeport LNG

Read on WSJ Markets ↗

Turkey agreed to a one‑year temporary arrangement ensuring continued oil flow from northern Iraq to Ceyhan port.
The protocol treats the two Iraq‑Turkey pipelines as a single mechanism under the 1973 Crude Oil Pipeline Agreement.
The deal averts an immediate halt of Iraqi oil exports, but its longevity remains uncertain.
Potential impact on global oil supply is limited but could affect regional market sentiment.

Read on OilPrice ↗

Utility-scale solar costs rose 18% to $40-$98/MWh due to higher capital costs, interest rates, tariffs, and supply chain pressures.
Solar remains the cheapest new-build generation technology globally, even with auxiliary firming costs.
Levies on solar panels, batteries, and inverters have directly elevated import costs.

Read on OilPrice ↗

India’s E20 ethanol blend now covers 20% of petrol nationwide, ahead of schedule, but faces consumer complaints over reduced mileage and vehicle compatibility
Ethanol blending reduces crude oil imports by millions of tonnes, cutting India’s current account deficit and foreign exchange pressure, per government estimates
Ethanol’s lower energy density vs. petrol leads to ~1/3 efficiency loss, with older vehicles disproportionately affected amid rapid policy rollout
Program supports rural incomes via sugarcane/grain demand but lacks visible retail price reductions, fueling public skepticism
India’s compressed transition contrasts with Brazil/US gradual adoption, creating infrastructure and compatibility gaps

Read on The Diplomat ↗

Initiative 177, drafted by Advance Colorado, seeks to amend the state constitution to guarantee fossil fuel companies' right to sell methane gas
The measure will appear on the November 2026 ballot after petition submission on June 25
Critics warn the amendment could hinder Colorado's climate targets and create legal uncertainty for local gas‑appliance bans
The 60‑word language is broad, making future implementation by state agencies unclear

Read on Ars Technica ↗

Read on CNBC Energy ↗

Gold/Metals 15

Gold slipped to around $3,995, breaking the $4,000 support level.
President Trump reinstated a 20% charge on cargo transiting the Strait of Hormuz.
US June CPI is forecast to decline 0.1% MoM for headline and rise 0.3% MoM for core.

Read on FXStreet ↗ also: WSJ Markets

XAU/USD trades at $4,011, down 2.63% on the day, its lowest level since July 1
WTI crude rises over 4% to about $74.50 per barrel amid US‑Iran missile exchanges
Fed rate hike expectations priced at a 25‑bp increase by year‑end and roughly 50 bps of tightening over the next 12 months
Technical support for gold at $4,000, with resistance at $4,116 and $4,200
US Dollar Index around 101.14, adding pressure on the non‑yielding metal

Read on FXStreet ↗ also: FXStreet

Gold climbs as investors seek safe‑haven amid escalating geopolitical uncertainty
Higher oil prices are feeding broader inflation concerns, bolstering gold demand
Analysts warn sustained energy‑driven inflation could keep gold above $2,000 per ounce

Read on Investing.com Commodities ↗

Vault and Genesis will combine into a single entity valued at $8.71 bn.
The merged company will rank among Australia's largest gold producers.
Completion is targeted for Q4 2024, pending regulatory clearance.
Analysts view the merger as supportive for shareholders and the gold sector.

Read on Investing.com Economy ↗

Gold slipped from recent record highs amid renewed US‑Iran tensions
The dip follows a fresh round of attacks between the United States and Iran
Market sentiment turned negative, pressuring the XAU price lower

Read on WSJ Markets ↗

Gold slipped roughly 1% after briefly touching the $2,000 per ounce level amid heightened geopolitical risk
Rising real US Treasury yields pulled investors toward rate‑sensitive assets, dampening gold demand
Fed rate expectations stay elevated, indicating safe‑haven appeal for gold will remain limited

Read on Investing.com Commodities ↗

Gold price has entered oversold territory, with RSI falling below 30.
Investors are awaiting the next CPI report for inflation direction.
A higher-than-expected CPI could boost gold, while a soft reading may limit gains.

Read on Investing.com Commodities ↗

Silver trades at $57.50, respecting a lower‑high structure with support at $57.22
A break below $57.22 could open targets at $54.39 and further down to $50.00
Bullish reversal would need to clear the $62.50 trendline and the $63.28 high
Fed Governor Waller's hawkish comments lift the DXY by 0.28%, pressuring silver
Silver has fallen nearly 4% on Monday amid Middle East tensions

Read on FXStreet ↗

Spot gold trading around $3,950, within $50 of the $4,000 threshold
Analysts project a possible breach of $4,000 this week if safe‑haven demand persists
A $4,000 move would mark the first weekly high above that level since early 2023

Read on Investing.com Commodities ↗

Indicated tonnes at the Clarence Stream project more than doubled the prior estimate
Projected increase in gold ounces failed to meet the company's forecast
Company trades on TSXV (GWM) and OTC (GAYMF) following the resource update

Read on Northern Miner ↗

Read on Investing.com Commodities ↗

Read on Northern Miner ↗

Read on Investing.com Commodities ↗

Crypto 35

UK Treasury report proposes hybrid model for tokenized repo, fixed income, and funds onchain within 2 years
Ripple cited as evidence of convergence between traditional finance and crypto, with acquisition of prime broker Hidden Road
Report estimates 33 billion pounds ($44 billion) economic benefit to the UK within a decade

Read on CoinDesk ↗

BitMine Immersion (BMNR) increased its Ethereum treasury to 5.77 million ETH, or 4.8% of the token's circulating supply.
Nearly 5 million of BitMine's ETH holdings are staked, allowing the company to earn staking rewards.
Chairman Tom Lee highlighted Robinhood Chain's rapid growth on Ethereum as a key indicator of ETH's utility.
BitMine's balance sheet also includes 206 Bitcoin, cash, and equity investments.

Read on CoinDesk ↗

Robinhood Chain processed $3.1 billion in DEX volume over the past seven days, ranking among the top five chains.
Over 65,000 users hold approximately $13 million in tokenized stocks and $300 million in stablecoins on the network.
The launch strengthens Robinhood's strategy to expand tokenized equities and other real-world assets through DeFi.
The network is an Ethereum layer-2 blockchain built on Arbitrum, designed for 24/7 trading and self-custody of tokenized assets.
Tokenized real-world assets have grown over 50% YTD to $51 billion, with tokenized equities up 170% YTD.

Read on CoinDesk ↗

SBI Holdings' blockchain initiative, SBI Solana Global, is shifting focus to Solana for stablecoin issuance and real-world asset (RWA) tokenization.
The joint venture, previously SBI R3 Japan, now includes the Solana Foundation and aims to connect Japan's domestic market to global liquidity.
Key functions include supporting stablecoin issuance, structuring tokenized RWAs, and developing payment infrastructure for AI agents.
The move seeks to establish Japan as a core hub for onchain finance in Asia, leveraging Solana's network.
SBI Holdings has been actively expanding its digital asset business, including a recent acquisition of crypto exchange Bitbank.

Read on CoinDesk ↗

Bitcoin falls 1% to $63,000 amid risk-off sentiment
ETF flows show growing demand for spot bitcoin and ether
Regulatory clarity may add tailwinds for digital assets

Read on CoinDesk ↗

President Trump disclosed a $1.4 billion increase in crypto wealth, intensifying ethics debates.
Senate Democrats seek to prohibit officials and their families from owning or profiting from digital assets.
A revised draft of the Digital Asset Market Clarity Act is expected within days, but ethics language remains unresolved.
Senate leadership aims to bring the bill to a floor vote before the summer recess, requiring 60 votes for passage.
Critics highlight Trump's $636 million 2025 income from a memecoin as a conflict of interest.

Read on CoinDesk ↗ also: CoinDesk

Bolivia is reviewing a framework to allow USDT alongside the boliviano and US dollar
Crypto transaction volume surged 630% to $430 million after restrictions were lifted in mid‑2024
Adoption will require strict AML controls as Bolivia remains on the FATF grey list
State bank Banco Unión already offers USDT purchases for remittances via EFY Finance

Read on CoinDesk ↗ also: Cointelegraph

Strategy sold $466.7 million of MicroStrategy (MSTR) shares
US dollar reserves increased to $3 billion after the sale
Bitcoin holdings remain at 843,775 BTC, unchanged

Read on Cointelegraph ↗ also: CoinDesk

Reed Smith unveils Aquarius, a platform for automated MiCA regulatory filings
Aquarius streamlines legal workflows for crypto companies under new EU rules
Demand for MiCA compliance solutions is rising across Europe
Tool aims to help crypto firms meet the EU's Markets in Crypto‑Assets regulation

Read on Cointelegraph ↗

Binance.US targets a return to roughly 20% of the U.S. crypto exchange market after a two‑year regulatory pause.
The platform now offers 0% maker fees and a 2‑basis‑point taker fee, positioning it as an almost no‑fee exchange.
CEO Stephen Gregory says the firm will seek additional licenses to launch derivatives, perpetual futures and prediction markets.
CEX spot trading volume rose 15.3% in June to $1.11 trillion, signaling broader market recovery.

Read on CoinDesk ↗

Trump calls on Senate to approve the Clarity Act, a broad crypto regulation bill
Senate Banking Committee passed the bill 15-9 in May with bipartisan support
Graham's death narrows Republican Senate majority to 52-47, adding uncertainty
Crypto firms like Coinbase, Circle and Ripple back the bill; banks warn of deposit outflows
Legislation could permit stablecoin issuers to offer interest-like payments, raising regulatory concerns

Read on CNBC Top News ↗

Hyundai used Tether's USDT to settle a cross‑border treasury transfer between its US and Mexican subsidiaries
The proof‑of‑concept demonstrates growing enterprise interest in stablecoin‑based payments
The pilot involved a single transaction using USDT as the settlement asset
Success could encourage broader corporate adoption of crypto for treasury operations

Read on Cointelegraph ↗

OCC granted Circle a national trust bank charter, but Mizuho says it does not address core challenges
USDC circulating supply fell by roughly $7 bn from its March peak to about $74 bn in July
Consortium-backed stablecoin Open USD could intensify competition for Circle
Circle shares rose 5% after the approval but were down 4.7% at $63.03 on Monday

Read on CoinDesk ↗

Senate Republican margin shrinks to 51‑47 after Senator Graham's death and another senator's hospitalization
The crypto market‑structure bill now likely needs Democratic votes to clear the Senate
President Trump is invoking the senator’s death to rally support for the crypto legislation

Read on Cointelegraph ↗

Bitcoin stayed above $62,000 despite U.S.-Iran tensions and oil price spikes
Spot Bitcoin ETFs logged a net $197.4 million inflow, breaking an eight‑week outflow streak
Daily spot‑selling pressure fell from ~2,000 BTC in June to ~53 BTC in July, the lowest month of 2026
CEX spot trading volume rose 15.3% in June to $1.11 trillion, with perpetual volumes hitting a record $311 billion

Read on CoinDesk ↗

Robinhood Chain attracted ~800,000 addresses and $312 million total value locked since its July 1 launch
Tokenized real-world assets account for only $12.8 million (≈4% of TVL) on the network
Memecoin CASHCAT surged 2,158% in seven days, reaching a $156 million market cap
The chain processed 10.4 million daily transactions, overtaking Base's 6.4 million

Read on CoinDesk ↗

Bitcoin price steadied around $62,000 amid a broader risk‑asset rout
U.S. remarks on closing the Strait of Hormuz heightened geopolitical risk
Crypto markets fell as investors shifted away from riskier assets

Read on Cointelegraph ↗

Transfer agents' trade group (STA) sent a letter to the SEC urging preferential treatment for issuer-sponsored tokenized securities.
STA warns third-party tokens create custody and investor-rights risks, while issuer-backed tokens would be recorded in official shareholder registers.
Citi projects the tokenized securities market could reach $5.5 trillion by 2030, with tokenized stocks growing to $2.6 trillion.
The existing tokenized stock market is about $2 billion, dominated by third‑party synthetic models such as Ondo Finance and Kraken’s xStocks.

Read on CoinDesk ↗

Coinbase Ventures ranked top crypto VC investor in H1 2026 despite 20% YoY drop in total funding
Unique crypto investors fell 15% YoY as bear market persisted
VC funding still surpassed 2021 totals despite declining since May 2026

Read on Cointelegraph ↗

A single wallet transferred 2,931 BTC (~$188 M) for the first time in seven years.
The move raises the whale‑to‑exchange transfer ratio to 0.99, meaning 99% of BTC inflows now come from the ten largest transfers.
Historically, high whale transfer ratios precede significant sell orders and are viewed as a bearish signal.
Spot Bitcoin ETFs have seen $4.51 B net outflows in June, the worst month on record.

Read on Cointelegraph ↗

Binance's futures trading volume surged 80% in June.
Total futures volume reached $1.61 trillion for the month.
Binance's performance outpaced competitors in the crypto futures market.
This growth occurred despite a general weakness in broader crypto spot trading activity.

Read on Cointelegraph ↗

Three suspects arrested, raising total detained in the case to four
US$218,350 (≈7.2 million baht) transferred through cryptocurrency
Recovered gold, jewellery and assets valued at about 3.5 million baht
Searches uncovered more than 11 million baht in assets, including a Mercedes-Benz

Read on Bangkok Post Most Recent ↗

Japanese credit‑card firm JCB will launch a stablecoin payment option for international visitors
Payments will be made using USDC at participating merchants
JCB aims to offer lower transaction fees than traditional credit‑card processing

Read on Nikkei Asia ↗

Read on Cointelegraph ↗

Read on CoinDesk ↗

Read on Cointelegraph ↗

Read on CoinDesk ↗

Read on Cointelegraph ↗

Read on CoinDesk ↗

Read on Cointelegraph ↗

Read on CoinDesk ↗

Read on Cointelegraph ↗

Geopolitics 44

Iran declared the Strait of Hormuz closed until further notice and struck a Cyprus-flagged container ship.
The United States launched its third round of strikes in a week, hitting approximately 140 targets in Iran.
Most US strikes were along Iran's southern coast overlooking the Strait, including Bandar Abbas and Qeshm.
One US strike in northern Iran (Aq Qala) suggests a broader strategic focus beyond just the Strait of Hormuz.

Read on SCMP Economy ↗ also: CNBC Energy·Al Jazeera·SCMP Economy·FXStreet

Iranian missiles hit two UAE tankers in the Strait of Hormuz, killing one and wounding eight.
Crude oil prices surge 10.40% to $78.85 on the day.
Market reaction: WTI oil prices attract buyers following the headline.

Read on FXStreet ↗

Philippines sees Hague ruling as a form of deterrence 10 years on
Manila remains outmatched at sea but seeks to boost credibility
Unclos case challenged China's nine-dash line and other claims

Read on SCMP Economy ↗ also: Nikkei Asia·SCMP Economy·The Diplomat

Burnham now has backing of more than 85% of Labour MPs, totaling 349 MPs.
He received an additional 27 nominations on Monday, raising his total support to 349 MPs.
With 85% support, no other candidate can meet the 20% threshold required to challenge his bid.
Burnham is expected to assume the premiership as early as next week.

Read on Al Jazeera ↗ also: SCMP Economy

Missiles hit Kyiv early Tuesday, igniting fires in several districts
Air‑alert lasted about 50 minutes before being lifted
No casualties were reported despite damage to two storage sites in Holosiivskyi district

Read on SCMP Economy ↗

Washington has opened two major Section 301 tariff probes targeting China and other trading partners.
Experts argue the investigations are unlikely to impair bilateral ties or the September meeting between Trump and Xi.
China is viewed as one of several countries under review, lessening the diplomatic impact.

Read on SCMP Economy ↗

Ukrainian drones struck more than 100 Russian tankers in the Sea of Azov from July 6 to July 13
Russia halted all Kerch Strait transits, shutting the Don River‑to‑Azov shipping corridor
The blockade deepens fuel shortages in Crimea and disrupts grain export routes

Read on Ars Technica ↗

UK adds IRGC to terrorist list under new national security measures
Supporters of IRGC may face up to 14 years in prison
Move aligns UK with existing US and EU sanctions on Iran's armed forces
Designation could heighten geopolitical tensions in the region

Read on Al Jazeera ↗

The United States launches a diplomatic campaign targeting the ICC, labeling it an "intolerable threat" to U.S. sovereignty.
Secretary of State Marco Rubio asserts the ICC is waging a legal war against America through statutes and international law.
The State Department signals potential sanctions against the ICC and its allies as part of the campaign.

Read on SCMP Economy ↗

Law "Promoting Ethnic Unity and Progress" took effect on July 1, codifying transnational repression of diaspora groups
Article 63 holds foreign individuals and organizations liable for actions deemed to undermine ethnic unity
Mandates use of national common language and unified textbooks, subordinating minority languages
Requires cross‑regional mobility and joint education programs to integrate ethnic minorities with the Han majority
Emphasizes economic development and infrastructure to promote "common prosperity" among all ethnic groups

Read on The Diplomat ↗

Chinese scholars at a Jinan University symposium claimed the Philippines' Batanes islands belong to Taiwan, thus falling under overall Chinese sovereignty.
The claim was made at a June 30 symposium in Guangzhou, focusing on history, geography, and sovereignty.
Philippine historians and officials have rejected the claim, disputing the scholars' interpretation of geography and dynastic history.

Read on SCMP Economy ↗

EU sanctions include VKontakte and its MaxApp for alleged repression of critics and banned content
Sanctions target 3 companies linked to surveillance systems monitoring communications
GRU officers, cybercriminals, and FSB-linked groups added for destabilizing Europe
MaxApp pre-installed on all Russian smartphones, used for state repression

Read on Channel NewsAsia Business ↗

Senator Lindsey Graham died, removing a prominent China hawk from the Senate
South Carolina Governor Henry McMaster appointed Graham's sister, Darline Graham Nordone, to the vacant seat
Appointment occurs as Republicans debate the aggressiveness of U.S. strategy toward China

Read on SCMP Economy ↗ also: CNBC Top News

UK government invoked new powers to prohibit support for Iran's IRGC and an affiliated group
Ban announced on Monday after a wave of antisemitic attacks on Jewish-linked sites in London
Authorities warned foreign powers could hire organized crime for surveillance, sabotage, or other activities

Read on SCMP Economy ↗

At least nine people have died during immigration enforcement operations since President Trump returned to office.
The latest fatal incident occurred on July 13 in Biddeford, Maine, where an ICE agent shot a driver after a vehicle confrontation.
Mexico announced it will request criminal investigations into the deaths of its citizens in US immigration raids.
Witnesses and video footage have repeatedly challenged official accounts of the shootings, prompting calls for independent probes.

Read on Al Jazeera ↗

Trump will deliver a televised speech Thursday at 9 p.m. ET asserting newly declassified intelligence
He will be joined by CIA Director John Ratcliffe, acting DNI Bill Pulte, FBI Director Kash Patel and DHS Secretary Markwayne Mullin
The claim alleges a foreign nation attempted to interfere in the 2020 U.S. presidential election, though no evidence has been presented
The announcement follows Trump's continued assertions of election fraud despite multiple court rejections

Read on CNBC Top News ↗

NSF will ban partnerships with Chinese institutions classified as restricted entities
The prohibition also applies to employees of those institutions
Policy follows a House Republican push to curb US‑China academic ties
Shift emphasizes security concerns over collaborative benefits

Read on SCMP Economy ↗

Backed the 2003 Iraq invasion and repeatedly urged U.S. military action against Iran
Secured an additional $1 billion in U.S. military aid for Israel during his tenure
Died at age 71 after a brief sudden illness; legacy linked to strong Israel support and Trump alliance

Read on Al Jazeera ↗

US Central Command released video showing three Corsair unmanned surface vessels used in combat.
The drones struck an Iranian ship maintenance facility and a submarine, marking the first combat use of sea drones by the US.
The operation was carried out on 13 July 2026, despite earlier claims that Iran's navy had been destroyed.

Read on Al Jazeera ↗

Russia fired a new ballistic missile at Kyiv, sparking fires in the Holosiivskyi district.
Ukraine and nine European countries announced a coalition to develop an anti‑ballistic missile system.
The coalition plans a lower‑cost alternative to the U.S. Patriot system, called the Freyja project.
Recent cross‑border attacks have killed at least nine people in Ukraine and Russia.
France said Ukraine will receive 16 Rafale jets and a licence to produce French missiles.

Read on Al Jazeera ↗

Recent settler attacks targeted a US congressman and several foreign journalists in the West Bank
Palestinian journalists face frequent settler violence, yet incidents involving Americans get limited global scrutiny
The attacks underscore ongoing security concerns and the need for heightened diplomatic focus on the occupied territories

Read on Al Jazeera ↗

Bulgaria vetoed the EU proposal to sanction Patriarch Kirill and Lukoil chief
EU announced it will not impose sanctions on the Russian Orthodox Church head or Lukoil founder
The decision reduces immediate pressure on Russia's energy sector and religious leadership amid the Ukraine war
Sanctions debate highlights divisions within the EU over Russia-related penalties

Read on OilPrice ↗

DP World is in talks to build a multipurpose port and container terminal in Fujairah, UAE.
Construction timeline could be as short as 18 months.
The facility is intended to create an alternative shipping route that avoids the Strait of Hormuz.
Dubai is preparing for possible future closures of the strategic chokepoint.

Read on OilPrice ↗

Mexico announced plans to file legal complaints seeking criminal charges for the deaths
At least 17 Mexican nationals have died while in ICE custody or during federal raids since President Trump returned to office
President Claudia Sheinbaum says Mexico does not seek conflict with the US but must defend its citizens

Read on SCMP Economy ↗

Most EU member states support a ban on trade with Israeli settlements
EU foreign policy chief Kaja Kallas said the option received the most backing
Ambassadors tasked to advance the proposal; an extraordinary meeting may be convened

Read on SCMP Economy ↗

Representatives from all 37 coalition members attended the Paris summit.
The meeting, launched by France and the UK, focused on boosting Ukraine's air defence capabilities.
Leaders emphasized increased pressure on Russia as the conflict enters its fifth year.
Zelensky participated in discussions aimed at securing further military support.

Read on SCMP Economy ↗

Taliban holds de‑facto control of Afghanistan but lacks broad international legitimacy, influencing foreign policy calculations.
Russia views recognition of the Taliban as a strategic move, while China expands its Digital Silk Road footprint with surveillance projects in Afghanistan.
Pakistan's stance shifts from patron to adversary, with the TTP insurgency at the core of regional security concerns.
India adopts an intelligence‑led approach, engaging selectively with Taliban factions amid evolving South Asian dynamics.

Read on The Diplomat ↗

LAPD allows contract with Flock Safety to expire due to 'serious concerns' around civil liberties and privacy
Flock Safety's license plate cameras have faced criticism over data collection, security lapses, and misuse by law enforcement
Several major US cities have stopped working with Flock Safety citing similar concerns

Read on TechCrunch ↗

South Korea and Mongolia signed 21 cooperation agreements, including a CEPA to eliminate tariffs on key minerals like copper and molybdenum
South Korea to invest in Mongolia's mining sector amid $120M annual molybdenum demand for tech/steel industries
Trade ministers agreed on principle to finalize CEPA, with South Korea reducing tariffs by 2-5% on Mongolian mineral imports

Read on The Diplomat ↗

Taiwan's military plans to outsource guard duties to private security firms
Concerns raised over security risks and espionage cases linked to Beijing
Pilot programme aims to free up personnel for core combat missions

Read on SCMP Economy ↗

Former UK minister Ann Widdecombe, 78, found dead with serious injuries
Counterterrorism police leading investigation into suspected murder
Interior minister Shabana Mahmood confirms new information led to change in investigation

Read on SCMP Economy ↗

PLA Navy shifting pilot recruitment from experienced aviators to broader training pipelines
Changes aim to support carrier operations beyond China's coastal waters
Report by IISS highlights strategic shift in naval aviation manpower

Read on SCMP Economy ↗

China defends inspections as routine safety checks
Rejects US and Panamanian accusations of using shipping for geopolitical leverage
Inspections aimed at protecting navigation and marine environment

Read on SCMP Economy ↗

BN achieved a landslide victory in the Johor state election held on July 11.
The win gives BN momentum as the junior partner in Prime Minister Anwar Ibrahim's coalition.
The outcome heightens internal tensions within the national ruling alliance ahead of August state polls.

Read on Nikkei Asia ↗

Japanese parliament approved legislation mandating platforms to flag AI-generated election content
Law targets false information and other election-related harms on social media
Measures mirror EU-style rules aimed at curbing misinformation in political campaigns

Read on Nikkei Asia ↗

Artist Diana Williams sewed the names of 300 babies killed in Gaza into a vintage christening gown
The gown serves as a memorial to the children killed in the conflict
More than 20,000 children have been reported killed in Gaza since October 2023
The piece was unveiled on 13 July 2026

Read on Al Jazeera ↗

Former Emir Sheikh Hamad bin Khalifa Al Thani's death prompted worldwide condolences
Tributes were recorded across regions from Gaza to India
Leaders and citizens highlighted his role in Qatar's development and regional diplomacy

Read on Al Jazeera ↗

Read on The Diplomat ↗

Tech/AI 33

The US is expanding export controls to 'remote access' of cloud AI services, aiming to prevent adversarial nations from training AI models.
The proposed Remote Access Security Act (RASA) seeks to plug the 'cloud compute loophole' by regulating AI capability usage, not just export.
Past US restrictions on Nvidia chips led China to prioritize domestic alternatives, causing Nvidia's market share in China to plummet.
Critics warn that broad restrictions could drive legitimate global users and friendly nations away from US cloud providers towards Chinese alternatives like Huawei Cloud and AliCloud.
The policy risks undermining US goals to export its full AI technology stack and could inadvertently accelerate China's indigenous AI development.

Read on The Diplomat ↗

Global smartphone shipments fell 11% in Q2, reaching their lowest level for the period since 2013, due to memory chip shortages and higher handset prices.
Apple bucked the trend with a 3% rise in shipments, securing a record 20% global market share on strong iPhone demand and stable pricing.
Samsung reclaimed the top spot with a 24% share, benefiting from strong Galaxy S26 sales and fewer price increases in certain markets.
Xiaomi, Oppo, and Vivo experienced the steepest shipment declines among top makers, reflecting their exposure to entry- and mid-range devices.
The memory chip shortage is expected to persist until 2027, with global smartphone shipments projected to decline 14% this year.

Read on Channel NewsAsia Business ↗

President Xi Jinping will attend the 2026 World AI Conference (WAIC) in Shanghai and deliver a keynote address.
This marks Xi's first in-person appearance at the annual event since its launch in 2018.
His attendance signals Beijing's growing priority on AI to drive economic growth, technological competitiveness, and global rule-setting.

Read on SCMP Economy ↗

UK government-backed taskforce with 54 firms (incl. BlackRock, Goldman Sachs, JPMorgan) to pilot tokenization use cases over next year
Tokenized real-world assets (RWA) market projected to reach $88T by 2035, per BCG, vs. current crypto/stablecoin market of $3T
UK aims to integrate tokenization with wholesale markets, led by HM Treasury’s Wholesale Digital Markets Champion Chris Woolard
Projected £33B annual economic output and £14B tax revenue boost by 2035 from tokenized markets, per Woolard report
Bank of England’s 2028 synchronization pilot to link RTGS system with blockchain-based securities, per OMFIF

Read on CoinDesk ↗

European Commission President Ursula von der Leyen announced plans to limit young children's social media access.
The initiative aims to protect children from online dangers across the 27-member EU bloc.
An expert paper recommends a tiered approach, with under-13s having limited, supervised social media use.
Access restrictions would be gradually eased for older children.

Read on SCMP Economy ↗

Over 200 experts, including 15 Nobel laureates, warn of AI's economic impact
Call for deeper research and policy development to mitigate job displacement and ensure societal benefits
AI may drive a larger economic transformation than the Industrial Revolution, but with a shorter time frame

Read on Channel NewsAsia Business ↗

Regulators announced policies to embed AI in cinema experiences
Chinese content creators are using AI to accelerate content ideation
The entertainment market is projected to reach $441 billion by 2035
AI entertainment is highlighted as a new growth pillar beyond defence and semiconductors

Read on SCMP Economy ↗

Phase 2 rollout of the CMMC, scheduled for Nov 10, 2024, is paused immediately.
Contractors will now only need Level 1 or Level 2 self‑assessments, dropping third‑party audits.
Small and mid‑size suppliers report compliance costs running into hundreds of thousands of dollars.
Pentagon will conduct a 60‑day review and a CMMC Reform Task Force will issue recommendations.
The pause aims to preserve innovation and competition within the defense supply chain.

Read on Channel NewsAsia Business ↗

Satya Nadella says companies pay twice for AI: monetary fees and loss of proprietary data.
He urges firms to retain data ownership and build proprietary learning environments on Azure.
Open‑source AI models accounted for 29% of traffic through Vercel's gateway last month.
Nadella calls for model‑switching orchestration layers to avoid lock‑in with single providers.

Read on TechCrunch ↗

OSFI emailed chief technology, information security and risk officers of major Canadian banks on April 29 warning of AI-driven cyber threats.
The regulator singled out Anthropic's Claude Mythos as a frontier AI model that can rapidly identify and exploit vulnerabilities.
OSFI urged banks to accelerate risk identification, mitigation and response processes to counter the compressed threat timeline.
The warning follows a similar U.S. alert, where Treasury Secretary Bessent and Fed Chair Powell met with bank CEOs on AI cyber risks.
Three of Canada's big six banks (RBC, TD, BMO) aim to earn millions from AI initiatives, while other banks also disclosed AI projects.

Read on Channel NewsAsia Business ↗

Experts say space data centers won’t be commercial until rockets are cheaper and satellites can be mass‑produced.
SpaceX’s Starship may attempt its 13th test flight as early as July 16, but full reusability remains years away.
Even with stage recovery, launch costs and focus on NASA/Starlink push large‑scale orbital data centers to the 2030s.
SpaceX’s IPO roadshow admitted second stages may be discarded each launch, hurting the economics of space data centers.

Read on TechCrunch ↗

Global smartphone shipments fell 11% in Q2 2026, the lowest level since 2013.
Memory costs now represent about 50% of total cost for phones priced at $500 or less.
Apple and Samsung are positioned to benefit, while budget-device makers face tighter margins.

Read on Ars Technica ↗

NASA's Commercial Crew program now depends largely on SpaceX after Boeing's Starliner suffered a Type A mishap in 2024.
Boeing is unlikely to conduct another crewed Starliner flight before 2028, leaving a gap in U.S. crew launch capability.
With the ISS slated for retirement in the early 2030s, private space stations may face transport shortages if Crew Dragon becomes unavailable.

Read on Ars Technica ↗

Anthropic introduced local INR pricing for Claude Pro at ₹2,000/month (≈$21) and Claude Max at ₹11,999/month (≈$125).
India accounts for 5.8% of global Claude usage, making it Anthropic’s second-biggest market after the U.S.
Pricing appears on website and apps, but payments still require card or app‑store billing; UPI support not yet available.
Anthropic opened a Bengaluru office and partnered with Infosys and TCS to expand enterprise AI in India.

Read on TechCrunch ↗

Prompt injections embed malicious commands that can manipulate large language models.
Tracebit research shows placing injections alongside passwords and keys on AWS stops AI hacking agents.
The injected prompts force the attacking LLM to breach its guardrails, causing it to shut down.
Defenders are now adopting prompt injection as a proactive security measure.

Read on Ars Technica ↗

FAA approved SpaceX to resume Starship V3 flights after pinpointing booster failure cause
Launch slated for July 16, will carry first third‑generation Starlink satellites and deploy 20 payloads
SpaceX implemented engine‑startup, alarm‑system and hardware tweaks to boost booster re‑ignition reliability

Read on TechCrunch ↗

US FAA closes review into SpaceX Starship booster's return failure
Clears way for next test flight as early as this week
Corrective actions identified for Super Heavy booster

Read on Channel NewsAsia Business ↗

China's MIIT initiates AI safety benchmark development with industry collaboration
Benchmark aims to assess risks in large AI models amid tightening global oversight
Applications for participation due Tuesday, per MIIT notice

Read on SCMP Economy ↗

UK tokenization push could add up to $44B to annual output by 2035
Government-backed roadmap aims for first digital gilt by early 2027
Tokenized bonds to be usable for trading and borrowing

Read on Cointelegraph ↗

Kalshi Pro supports trading multiple markets simultaneously and perpetual futures
Platform features continuous trade feeds, improved order book views, and multi-leg contract trade analysis
Product is in beta testing and available to the public, with potential future monetization

Read on CNBC Top News ↗

Small-scale production of graphene-enhanced lithium-ion EV battery to start in July
NanoMalaysia leads the project, positioning Malaysia as first ASEAN producer of this battery type
Exports targeted to Indonesia, South Korea, India and Pakistan
Initial output limited, focusing on technology demonstration rather than mass production

Read on Nikkei Asia ↗

Cost pressures prompt Indian companies to adopt cheaper Chinese large language models.
Providers such as DeepSeek, Alibaba and Moonshot AI are gaining traction in India.
Shift raises concerns over AI sovereignty and dependence on Chinese technology.

Read on Nikkei Asia ↗

Government aims for 10,000 self-driving vehicles on roads by fiscal 2030
Nationwide communication infrastructure will be built to enable vehicle connectivity
Automakers and telecom operators will cooperate on the rollout
Plan ties into Japan's broader push for autonomous mobility and smart city initiatives

Read on Nikkei Asia ↗

Cramer argues big‑tech offers the greatest upside, citing Meta’s 15% share rise after AI monetization
He notes PepsiCo fell >3% on earnings, contrasting with tech’s performance
Cramer suggests Alphabet could unlock value by spinning off Waymo, while other sectors rely on incremental gains
Oil prices rose after Trump reinstated a Strait of Hormuz blockade, prompting rotation into energy stocks

Read on CNBC Top News ↗

Apple has filed a lawsuit claiming OpenAI stole its trade secrets while developing its own hardware
The case underscores growing regulatory and competition concerns in the U.S. tech and AI sectors
Industry experts debate how to regulate AI to maintain healthy competition and protect intellectual property

Read on Al Jazeera ↗

Hotz rejects proposals to pause AI development for 14 years, favoring rapid progress
He argues fast‑takeoff scenarios are unlikely and advocates locally controlled models
Hotz compares user‑aligned AI to a gun, saying it should not be restricted for potential misuse

Read on TechCrunch ↗

TV Time will be removed from app stores on July 15 after accumulating 26.4 million lifetime installs.
Founder Antonio Pinto is developing Bingers, scheduled to launch on the App Store and Google Play by end of July 2026.
Bingers will import TV Time user data and target lower server costs, noting the previous premium plan covered only about 10% of expenses.
A waitlist is open on the Bingers website, with the data import tool already operational.

Read on TechCrunch ↗

Gemini AI enables conversational road updates and destination searches via chat
Personalized routing uses trip history and preferences; available globally on Android and iOS
Motorcycle mode launched in Argentina, Brazil, Colombia, Malaysia, Mexico, Peru and the Philippines
"Less chatty" mode reduces voice prompts for a quieter driving experience
Conversational reporting of road closures and map updates now available worldwide

Read on TechCrunch ↗

Actor Daisuke Namikawa launches a licensed AI voice model on Tuesday
Service aims to counter the spread of unauthorized AI voice clones
Potential template for other entertainers to control AI-generated likenesses

Read on Nikkei Asia ↗

Read on Ars Technica ↗

Two independent projects have created working Doom ports for the Neo Geo console
Ports rely on the system's fix layer to emulate a frame buffer, bypassing hardware limits
Significant graphical compromises mean the ports are not suitable for commercial release

Read on Ars Technica ↗

Companies 48

12 states, led by California, filed an antitrust lawsuit against the $110bn merger.
Combined entity would control 27% of basic cable TV licensing and 75% of wide-release film distribution.
Paramount has pledged $650 million quarterly to Warner Bros Discovery shareholders if the deal misses the October deadline.
Regulators in the US and UK may intervene, potentially delaying the merger for months.
Industry figures, including actors and directors, have voiced opposition, citing concerns for competition and content diversity.

Read on Al Jazeera ↗ also: Investing.com Economy·CNBC Top News·Ars Technica

California and 11 states sue to block Paramount's $110 billion acquisition of Warner Bros. Discovery
Deal would create a media behemoth with the power to raise prices in film and television
States argue the deal would harm theaters and television distributors, raising prices for consumers

Read on Channel NewsAsia Business ↗ also: TechCrunch·Channel NewsAsia Business

Investment banking revenue expected to surge 26% YoY, trading revenue 14% YoY
SpaceX IPO and Iran war volatility drive trading gains, commercial lending shows signs of recovery
Consumer banking appears healthy, but risks include potential blowups in private credit and competition over deposits

Read on CNBC Top News ↗

Apple filed a lawsuit accusing OpenAI of using stolen trade secrets obtained through a bug.
The bug allegedly let former Apple engineer Chang Liu retain access to confidential data for weeks after his termination.
Apple seeks injunctions to block OpenAI from using the information and demands steep penalties.
The dispute involves an ex‑employee who spent eight years on Apple’s most sensitive product development programs.
The case could set a precedent for IP protection in the fast‑growing AI device market.

Read on Ars Technica ↗ also: TechCrunch

SK Hynix raised $26.5 bn in its US IPO, the largest first‑time foreign listing
Company projects >$300 bn free cash flow for 2024‑25 and aims to double wafer capacity in five years
Seoul‑listed shares dropped 10% after the debut, exposing retail investors to volatility‑decay losses
South Korean government pledged 400 trillion won (~$897 bn) for a new semiconductor cluster, with SK Hynix contributing 400 trillion won
Rising competition from Samsung, Micron and ChangXin could flood the market with supply by 2027

Read on Channel NewsAsia Business ↗

Meta's Hyperion data center in Louisiana will scale to 5 GW, with total cost now over $50 billion
The cost more than doubles the $27 billion estimate disclosed in October and far exceeds the original $10 billion projection
Louisiana offers a 20‑year sales tax exemption for data centers built before 2029, part of a $1 billion local infrastructure investment by Meta
Construction began in Dec 2024; Meta has awarded over $1.6 billion in contracts to local businesses, with full completion aimed for around 2032

Read on CNBC Top News ↗

Donald Tang will resign as executive chairman after three years in the role.
He will transition to an advisory position while the IPO process finalizes.
Shein's IPO is expected to be completed in the coming weeks, according to sources.

Read on SCMP Economy ↗

Intel to invest $5.7 billion in Irish campus to meet AI and high-performance computing demand
New investment will add 'several hundred' jobs to Intel's 4,900 Irish employees
Upgrade to be completed by end of 2027, representing 30% of Intel's 2026 capital expenditure

Read on Channel NewsAsia Business ↗

Call volume doubled put volume in the two days before earnings, with calls outnumbering puts about 3:1.
The $75 strike put was the most active contract, seeing roughly 20,000 trades and about $150,000 of premium sold.
Netflix shares are down ~20% YTD, trading near $75, close to the 200‑week moving average and $70 support level.

Read on CNBC Top News ↗ also: CNBC Top News

HCLTech Q1 revenue rose 13.9% YoY to $3.62B, beating analyst estimates of $3.60B
Deal wins hit record $2.4B in Q1, but FY27 revenue guidance unchanged amid IT spending slowdown
Company enters data center business with ₹35B investment, targeting 50MW capacity to tap AI value chain

Read on Channel NewsAsia Business ↗ also: Investing.com News

Funding round led by Robot Ventures with USV participation, valuing Nous Research at $1.5 billion
Company raising at least $75 million, after a $50 million Series A three months earlier
Hermes agent has roughly 214,000 GitHub stars and about 40,000 forks, indicating strong developer interest
Cloud‑hosted Hermes service offered in paid tiers ranging from $20 to $200 per month

Read on TechCrunch ↗

L3Harris awarded a $955 million contract by the U.S. Department of Defense
Contract includes supply of 18 satellites for the Golden Dome missile‑shield program
Deal expands L3Harris' space portfolio and supports U.S. missile‑defense capabilities

Read on Investing.com Economy ↗

SpaceX shed more than $800 bn in market value after hitting a $2.67 tn peak
The decline unfolded in less than a month
Stock price now threatens to fall below the IPO price, sparking crisis concerns
As a private company, there is no public ticker; impact is limited to private investors

Read on MarketWatch Top Stories ↗

Brown-Forman announced CEO Lawson Whiting will retire, effective later this year.
Whiting, who has led the company since 2016, will step down after eight years as CEO.
The board will appoint an interim CEO and begin a search for a permanent successor.

Read on Investing.com Economy ↗

Seven REITs identified as the best picks by a Bank of America analyst
Selections focus on firms with strong dividend yields and growth outlooks
Targeted sectors include industrial, residential and data‑center properties

Read on Investing.com Economy ↗

Thailand's professional haircare market valued at up to 3.5 bn baht annually, with total footprint potentially 10× larger including salon services
L'Oreal aims for high single‑digit growth in the Thai segment this year, above the global low‑single‑digit rate
AI‑driven products and education will target 70,000 salons and 3 million stylists, with 400 stylists attending a recent Bangkok masterclass
L'Oreal holds 27 % global market share in professional products and is expanding its portfolio with Kérastase and a Gen‑Z focused brand in Thailand
Despite macro pressures, the Thai professional hair sector is seen as resilient, with L'Oreal's consumer‑side sales share around 70 %

Read on Bangkok Post Business ↗

Regis Resources (ASX:RRL) abandons its pursuit of Vault Minerals (ASX:VAU)
Genesis Minerals (ASX:GMD) proceeds with a $3.9 billion (A$5.6 billion) acquisition of the gold producer
The move clears the path for consolidation in Australia's gold mining sector

Read on Northern Miner ↗

De Beers will halt output at the Venetia mine for a two‑year period.
Venetia is South Africa's highest‑value diamond operation.
The shutdown is part of a broader cost‑cutting and business‑streamlining plan.

Read on Northern Miner ↗

SpaceX stock fell 4.51% on Friday and another 4.24% on Monday.
The share price is about 7% below its debut level of $150, close to the $135 IPO target.
FAA cleared the company to resume Starship launch operations, with the next flight window opening Thursday at 6:45 p.m. ET.

Read on CNBC Top News ↗

First Chipotle outlet opens Thursday in San Pedro Garza García, Monterrey area
Expansion includes a rollout to Mexico City by 2027
Chipotle aims to add 350‑370 new restaurants worldwide in 2024
Partnership with Mexican restaurant group Alsea drives the market entry

Read on CNBC Top News ↗

TeraWulf signed a 20‑year AI hosting agreement with Anthropic valued at roughly $19 billion, exceeding its market cap
The Kentucky AI data‑center project is slated to come online starting in 2028, with TeraWulf retaining ownership of power, land and operations
The company is selling non‑core Bitcoin mining assets and reinvesting proceeds into wholly‑owned AI infrastructure projects

Read on CoinDesk ↗

Exelon projects risk of blackouts in the United States by 2027 without additional generation capacity.
CEO Calvin Butler urges state regulators to allow construction of new power plants to boost supply.
Opponents argue the plan could shift construction risk and costs onto utility consumers.
Analysts note utilities often expand rate bases to raise earnings, raising concerns over excess capital deployment.

Read on OilPrice ↗

General Fusion began trading on Nasdaq under ticker GFUZ, up about 40% to $12.85.
SPAC merger could net under $30 million after redemptions, far below the $230 million potential.
Company raised $108 million from private investors, now holding roughly $150 million in cash.
Fusion breakeven timeline pushed to 2028 or later, with first power plant targeted around 2035.

Read on TechCrunch ↗

2nd Circuit Court reinstated more than 500 private suits linking Tylenol use in pregnancy to autism and ADHD
Kenvue stock fell 20 cents to $19.28 in early trading after the ruling
The lawsuits are sent back to Judge Denise Cote for further proceedings
Kenvue, slated for a $40 billion acquisition by Kimberly‑Clark, maintains product safety

Read on CNBC Top News ↗

Bosch begins sample production at its Roseville, California plant, part of a $2 billion investment
The project receives $225 million from the U.S. Commerce Department under the CHIPS Act
Silicon carbide chips will support EV powertrains, data centers and defense applications
Bosch plans up to $7.5 billion in U.S. investments through 2031

Read on Channel NewsAsia Business ↗

State-owned Codelco will focus on profitability rather than expanding copper output
New chairman Bernardo Fontaine takes helm amid heavy debt and declining production
Governance challenges and debt pressures drive shift away from output growth

Read on Northern Miner ↗

Uber opposes D.C. autonomous vehicle bill, citing a $0.15 per‑mile tax and a $5 million permit fee
Bill requires robotaxi operators to hold at least $5 million in liability insurance
Waymo backs the legislation, saying it enables safe deployment of driverless taxis
Monday hearing will feature testimony from Tesla, Lyft, unions and advocacy groups
Adoption could force robotaxi firms to operate alongside human drivers on Uber’s platform

Read on TechCrunch ↗

Strategy (MSTR) increased its U.S. dollar reserve by $466.7 million to $3 billion.
The cash was raised through sales of common stock via an at-the-market equity program.
The company's bitcoin holdings remained unchanged at 843,775 BTC.
MSTR acquired its bitcoin at an average price of $75,476 per coin.
MSTR shares were down 3% pre-market following a weekend decline in bitcoin's price to $62,800.

Read on CoinDesk ↗

Payoneer plans to hire about 300 engineers in India by the end of 2026
The new global capability centre in Gurugram will be Payoneer’s second‑largest tech and R&D hub
The expansion follows Nuvei's $2.75 bn acquisition offer, pending regulatory approval
India's GCC revenue is projected to grow 12% to $84 bn by 2026, per ANSR

Read on Channel NewsAsia Business ↗

Joint venture invested $300 million in a new plant in Tay Ninh, Vietnam
Facility will be the largest Suntory PepsiCo factory in Asia and includes the first fully automated warehouse in the region
Company aims to shift focus to healthier drinks as traditional soda consumption slows in Vietnam
Plant targets rising middle‑class incomes and growing demand for low‑sugar beverages

Read on Nikkei Asia ↗

SK Hynix stock closed down more than 15% on Monday.
The decline follows a roughly 13% rise on its first Nasdaq trading day.
Analysts warn the memory chip industry's uptrend may have peaked.
South Korea's KOSPI index also slipped as memory chip stocks fell.
The Nasdaq debut was completed at the end of last week.

Read on Nikkei Asia ↗

MUFG overtakes all Japanese firms to become the nation’s top‑valued company
First bank to hold the top spot in Japan in 40 years
New president Junichi Hanzawa credited with the growth driving the ranking shift

Read on Nikkei Asia ↗

Japanese-brand EVs sold in China are increasingly built with Chinese-made parts.
Toyota's new bZ7 model mirrors Guangzhou Automobile Group's Hyptec A800 design.
Honda and Toyota are leaning on local partners to speed up component production and cut costs.

Read on Nikkei Asia ↗

Effective July 6, Amazon will shut down its Singapore fulfillment service for third‑party sellers.
Amazon Fresh two‑hour grocery delivery will be discontinued in Singapore.
The withdrawal highlights Amazon’s challenges in adapting to Southeast Asia’s localized e‑commerce landscape.

Read on Nikkei Asia ↗

Iridium Communications submitted a Form 4 filing to the SEC on July 13.
The filing reports insider transactions involving IRDM shares.
No immediate market impact is anticipated from the disclosure.

Read on Investing.com News ↗ also: Investing.com News

Revenue rose year-over-year, bolstering the company's growth narrative
Filed a US IPO prospectus to raise capital for expansion
Highlights continued demand in Argentina's electricity sector

Read on Investing.com Economy ↗

IPO priced at $200 million total offering
Shares will be listed on the Nasdaq exchange
Funds aimed at supporting the company's growth initiatives

Read on Investing.com Economy ↗

Shares fell after the company announced a public offering
The offering aims to raise capital, potentially diluting existing shareholders
No specific price target or valuation disclosed

Read on Investing.com Economy ↗

S&P Global raised Revvity's outlook after reporting lower debt-to-equity
The upgrade reflects improvement in the company's leverage metrics
Revvity's credit outlook shift may support its stock performance

Read on Investing.com Economy ↗

SanDisk shares have dropped sharply in recent sessions
Analyst sets new price target implying about 85% upside from current price
Despite the plunge, some analysts become more bullish on the stock
Target price suggests a valuation roughly 1.85 times the current level

Read on MarketWatch Top Stories ↗

Up to 500 engineering roles will be eliminated, roughly 1.8% of the 27,100‑employee workforce
The cuts represent about 5.2% of the 9,400 staff in the Operations & Technology unit
Company plans to hire more than 250 net‑new engineering positions, mainly senior and AI‑focused, over the next two years
Layoffs add to a broader tech sector trend, with ~120,000 tech jobs lost across 228 firms in 2026

Read on Channel NewsAsia Business ↗

Canada Nickel (TSXV:CNC) signed a binding LOI to sell its Lucas gold project to Noble Mineral Exploration (TSXV:NOB).
The Lucas project is located in northern Ontario.
Both parties are listed on the TSX Venture Exchange.

Read on Northern Miner ↗

New drilling at the Diablillos project in northwestern Argentina shows potential for resource expansion.
Growth could exceed the limits defined in the company's previous definitive feasibility study.
AbraSilver is listed on the TSX under the ticker ABRA.

Read on Northern Miner ↗

Trump received over $1.4B from crypto projects in 2024, including World Liberty Financial and a meme coin
His stock and bond portfolios grew 4x to $703M–$2.6B in 2025 from $225M–$608M in 2024
Trump's companies held $160M+ in bitcoin and ether, up from $1M–$5M in 2024

Read on Channel NewsAsia Business ↗

Scores of Filipino employees allege long‑standing abuses at TaiDoc's Taiwan plant
Workers claim harassment and poor working conditions, prompting a bitter labor dispute
Company's response and any regulatory action remain pending

Read on Nikkei Asia ↗

JTB is expanding services for inbound business travel to Japan
The agency will leverage its expertise in hosting VIPs for corporate clients
Target customers are Japanese firms that host large numbers of overseas partners
JTB highlighted its offerings at a corporate event on July 7 in Tokyo

Read on Nikkei Asia ↗

Tomy targets 1,000 North American retail locations for Licca-chan launch as early as 2024
Dolls are priced higher than Mattel's Barbie, aiming at adult collectors
Expansion expected to boost Tomy's sales in the U.S. market

Read on Nikkei Asia ↗

Maximum admission price will increase starting October
First ticket price hike since 2023
Increase attributed to rising operating costs

Read on Nikkei Asia ↗

Thai Markets 5

Fuel tariff (Ft) to jump from 0.16 baht/kWh to 0.94 baht/kWh, a near fivefold increase.
New power tariff options range from 3.95 baht to 4.73 baht per unit, with the highest option reflecting the higher Ft.
Egat's debt of 31.2 billion baht to be repaid through the higher tariff, with the 4.73 baht/unit option fully settling it.
Projected natural gas price to rise 8% to 375 baht per mmBtu from 347 baht.
Public consultation ends July 20; final Ft decision expected by September.

Read on Bangkok Post Business ↗

A fire at a Bangkok pub in Chatuchak district killed at least 27 people.
Restaurant associations demand stricter law enforcement, clear safety guidelines, and regular emergency drills.
Past nightclub fires in Thailand claimed over 60 lives in 2009 and 26 in 2022.
Calls for preventive enforcement include adopting safety announcements similar to airlines and cinemas.
The tragedy could marginally damage Thailand's tourism image and deter patrons from venues lacking safety measures.

Read on Bangkok Post Business ↗

Other 39

Florida judge says Trump’s $10 billion suit was used to secure audit immunity, not a genuine legal dispute
Settlement barred IRS audits of Trump and family, which the judge says violates federal law
Judge referred Trump’s attorney Alejandro Brito to the Florida Bar for possible discipline
DOJ’s “Anti‑Weaponization Fund” cited at $1.776 billion in the judge’s order

Read on CNBC Top News ↗

Fervo’s third‑generation well design at Cape Station, Utah, lifted drilling rates by 143% versus its first well.
The new Sawtooth 7 well achieved a measured depth of 19,448 feet.
Two next‑generation geothermal firms are moving from announcements to measurable drilling and capital formation amid U.S. policy push.

Read on OilPrice ↗

Judge Kathleen Williams ruled the $1.8 bn Trump-DOJ settlement unlawful
Settlement was meant to fund an “anti‑weaponization” fund and grant Trump tax protections
Ruling alleges self‑dealing by Trump and Attorney General Todd Blanche, referring officials to bar review
Decision follows earlier congressional backlash that led the administration to abandon the fund

Read on Al Jazeera ↗

Health‑adjusted life expectancy is about 68 years, lower than the overall 75.6‑year average.
Obesity prevalence among Thais aged 15+ reached 45% in 2024‑25, with abdominal obesity at 44.7%.
Non‑communicable disease treatments cost Thailand roughly 1.6 trillion baht annually.
A sugar‑sweetened beverage tax has been implemented, while a sodium tax on snacks is delayed.

Read on Bangkok Post Most Recent ↗

Current age 67, pension valued at $140,000.
Considering postponing Social Security claim until 70 to increase wife's survivor benefit.
If he passes, household retirement income would drop to $30,000 annually.
Delaying claim could raise his benefit by roughly 8% per year, boosting spousal benefit.
Decision depends on life expectancy and immediate cash‑flow needs.

Read on MarketWatch Top Stories ↗

Researchers identified S. suis ST 233 and ST 104 strains resistant to penicillin and ceftriaxone
Mouse tests showed 80%‑100% mortality within 48 hours for these strains
Thailand has recorded 1,798 human infections since 1987, prevalence 0.97 per 100,000
Raw pork consumption is the main transmission route for S. suis in humans
Serotype 2 accounts for 93.4% of Thai cases

Read on Bangkok Post Most Recent ↗

Governor Henry McMaster selected Darline Graham Nordone as interim U.S. senator for South Carolina
Nordone will serve the remainder of Lindsey Graham's term until Jan. 3, 2027
Appointment preserves the Republican 53‑senator majority in the Senate
Former President Donald Trump publicly backed the appointment on Truth Social
Nordone, with no prior political experience, pledged to support the president and continue her brother's work

Read on Al Jazeera ↗

Police arrested three suspects linked to a fraudulent recruitment exam, including a university adviser and a municipal director.
One suspect was detained in Laos, another arrested on a university campus, and a third surrendered en route to authorities.
A committee will review evidence on Wednesday to potentially revoke appointments made through the disputed exam.
The National Anti-Corruption Commission has flagged 6,014 people for further investigation, though inclusion does not imply guilt.
A NIDA poll shows 75.04% support canceling results only for proven cheaters, while 23.83% favor scrapping the entire exam.

Read on Bangkok Post Most Recent ↗

Consumer Protection Board to intensify nationwide inspections of EV dealers, starting in Bangkok and surrounding provinces
Dealers must display complete, accurate EV labels covering specs, battery performance, and warranty details
Violations will trigger legal action and possible penalties
OCPB will coordinate with the Thai Industrial Standards Institute and Department of Land Transport on disclosure standards

Read on Bangkok Post Most Recent ↗

Interior Minister Shabana Mahmood announced plans to change immigration law to allow deportation of a convicted paedophile.
The target, Shabir Ahmed, was sentenced to 22 years in 2012 for multiple child sexual offences, including rape.
Ahmed was released on licence earlier this month under the UK's early release programme.
The proposed amendment aims to prevent further re‑offending after his release.
The move has no immediate impact on financial markets or assets.

Read on SCMP Economy ↗

Federal officials delivered voluminous evidence after six months of jurisdictional disputes.
Evidence pertains to the killings of Renee Good and Alex Pretti and the wounding of a Venezuelan man.
Hennepin County Attorney Mary Moriarty confirmed receipt of the documents on Monday.

Read on SCMP Economy ↗

12 individuals detained across the UK, ages 27‑82; 11 men and 1 woman
Eight arrested on suspicion of terrorism, three for conspiracy to murder, one for assisting an offender
The Ijtima festival, attended by about 15,000 people, was ended early after police received a threat tip
Hate‑crime referrals to the CPS rose 14.7% in the latest quarter, the highest level on record

Read on Al Jazeera ↗

Wildfire in Almeria killed at least 13 people
23 individuals remain missing after the blaze
Prime Minister Pedro Sanchez met firefighters and urged stronger prevention measures

Read on Al Jazeera ↗

Two suspects detained for the Fontainebleau forest fire near Paris
France has made 59 arrests nationwide for alleged deliberate or accidental arson
Fire investigators noted about 10 ignition points within a 1,000‑metre perimeter
The incident occurs as France battles multiple wildfires amid a heatwave

Read on SCMP Economy ↗

NYU Courant Institute performed experiments on multiple sprinkler designs to test the reverse sprinkler effect
Study resolves a fluid‑dynamics puzzle dating back to Ernst Mach (1883) and popularized by Richard Feynman
Results published in the Proceedings of the National Academy of Sciences

Read on Ars Technica ↗

Somali referee denied US entry despite a valid visa, raising accusations of discriminatory immigration policy.
US President intervened in FIFA disciplinary process, prompting the suspension of striker Folarin Balogun's red-card ban.
VAR decisions in the Egypt‑Argentina round of 16 and Argentina‑Switzerland quarter‑final sparked widespread criticism.
FIFA listed about 1,200 Category 2 tickets at $7,380 each for the final, leading to lawsuits over excessive pricing.

Read on Al Jazeera ↗

OCC, FDIC and NCUA issued guidance reminding banks to consider immigration status as a credit risk factor
Guidance does not impose new rules but reinforces existing know‑your‑customer obligations
Estimated 5,000‑6,000 ITIN mortgages were originated in 2023 out of 4.6 million total mortgage originations
Critics warn the guidance could chill lending to immigrants and raise banks' compliance costs

Read on CNBC Top News ↗

Star Ferry seeks a fare hike of about 30% on its two franchised routes
Proposed increase ranges from HK$0.80 to HK$2 (US$0.10‑0.25) per journey
Operator plans a pet‑friendly service between Wan Chai and Tsim Sha Tsui
Application filed ahead of a Legislative Council transport panel meeting on Friday

Read on SCMP Economy ↗

US regulators issue guidance on lending to undocumented immigrants, citing risks for banks
Banks urged to consider risks of offering loans to immigrants not authorized to work in the US
Regulators aim to discourage loans to undocumented immigrants, citing potential risks for lenders

Read on WSJ Markets ↗

HK police officer sentenced to 22 months in jail for upskirt filming
Officer attempted to grab colleague's handgun after arrest
15-year veteran of the force with 2 children

Read on SCMP Economy ↗

Form 144 filed on July 13
Insider sale notice submitted
No further details provided

Read on Investing.com News ↗

More than 100,000 people attended the celebration in Oslo.
Norway's national team was eliminated in the World Cup quarterfinals by England.
Crown Prince Haakon led a final 'Viking row' on the palace steps.

Read on Al Jazeera ↗

Sereepisuth summoned to Buri Ram Provincial Court after Newin Chidchob filed defamation suit
First hearing scheduled for Aug 17, concerning alleged false statements about 5,083 rai of Khao Kradong land
Sereepisuth will seek court to examine land titles, permits for a stadium and racing circuit, and alleged illegal road closures
He cites a 1995 incident where 11.4 million baht was seized from campaign workers linked to Newin
Sereepisuth says the lawsuit provides an opportunity to present evidence and pursue ownership issues

Read on Bangkok Post Most Recent ↗

More than 100,000 people gathered in Oslo to celebrate the national team.
Norway lost 2-1 in extra time to England, ending their World Cup run in the quarterfinals.
Erling Haaland missed the final parade segment after departing early for his flight.

Read on Al Jazeera ↗

At least 843 confirmed cyclospora cases and 86 hospitalizations in the U.S. as of July 9.
Outbreak spans multiple states including Michigan, New York, Kentucky and Texas, with source still unknown.
Restaurant and grocery stocks held steady; companies like Chipotle and RBI say no evidence of ingredient risk.

Read on CNBC Top News ↗

25-year-old South Africa midfielder Jayden Adams was found dead at a Cape Town home.
Police in Cape Town have launched a probe; cause of death has not been disclosed.
Adams played in two World Cup matches after his grandmother's death and was an unused substitute in the knockout game.
The South African Football Players Union confirmed the death, prompting national mourning.

Read on Al Jazeera ↗

Argentina vs England semifinal tickets rose 34% in three days to $2,841, nearly double France vs Spain price
France vs Spain semifinal tickets fell 26% to $1,325, less than half the cost of the other semifinal
Third‑place match tickets priced at $1,543; World Cup final tickets at $6,760, down 6% in 72 hours

Read on Al Jazeera ↗

Aortic dissections are extremely rare, affecting a very small percentage of the population
Risk increases for individuals with a family history of the condition
Certain genetic syndromes also elevate the likelihood of an aortic dissection

Read on MarketWatch Top Stories ↗

58-year-old Mohammad Saad lost his son, home, and bookstore in the Gaza conflict
He rescued dozens of books buried in the rubble of his destroyed home
Saad assembled the rescued books into a makeshift roadside library for the community

Read on Al Jazeera ↗

A blaze engulfed a popular pub on a busy Bangkok street, causing multiple fatalities
Police are probing possible safety lapses, including blocked exits and flammable decorations
Families continue searching for missing loved ones amid the tragedy

Read on Al Jazeera ↗

Trailer reveals Tom Cruise as eccentric billionaire oil baron Digger Rockwell
Film marks Iñárritu's first English-language project since 2015's The Revenant
Story centers on an ecological disaster involving a melting iceberg and nuclear waste
Early reactions compare the tone to a modernized Dr. Strangelove

Read on Ars Technica ↗

Shi Nan-sun passed away at 75 after multiple organ failure caused by a bacterial infection
She had been in declining health since 2022 due to complications
Co‑founder of Film Workshop, the studio she started with director Tsui Hark
Died peacefully at Hong Kong Sanatorium & Hospital surrounded by family

Read on SCMP Economy ↗

Graduating cohort size was the largest in school history for the 2025-2026 academic year
Students posted outstanding academic results, gaining recognition from universities worldwide
Graduates received offers from top institutions, including McGill University
School emphasized diverse pathways and commitment to nurturing global citizens

Read on SCMP Economy ↗

The Sports Governance and Integrity Alliance (SGIA) is created as a partnership between Hong Kong's Sports Federation and Olympic Committee.
SGIA aims to provide a robust governance framework for day‑to‑day operations, policy implementation, and major sporting events.
The alliance focuses on enhancing integrity and oversight across all levels of Hong Kong's sports activities.

Read on SCMP Economy ↗

Fatal shooting occurred in Biddeford, Maine, involving U.S. Immigration and Customs Enforcement agents.
State Police and Department of Public Safety responded to the scene.
Incident follows a fatal shooting by a U.S. agent in Texas the previous day.

Read on SCMP Economy ↗

Pan Jianwei becomes first Chinese scientist to win the UN's top fundamental science prize
Awarded for work in quantum computation and communications
Third Unesco-Russia Mendeleev International Prize in the Basic Sciences

Read on SCMP Economy ↗

Hong Kong authorities deny claims that Wang Fuk Court Property Rights Acquisition Limited is an 'empty shell' or at risk of bankruptcy
Company has signed contracts with over 550 owners, per Housing Bureau statement
Rumors deemed 'entirely unfounded' and potentially motivated by ulterior motives

Read on SCMP Economy ↗

Hongkongers spend a record HK$2,062 (US$263) per month on pet cats.
This marks a 2.8% year-on-year increase in average monthly spending.
The rise is driven by an emerging 'cat silver economy' and a growing proportion of ageing cats.
This trend is expected to fuel further market growth in the coming years.

Read on SCMP Economy ↗

Chef Angelo Vecchio ordered to complete 90 hours of community service
Driving licence suspended for one year
Speeding at more than 10 times the legal limit
Offence occurred on Dec 22, 2025 on Wan Po Road near Tseung Kwan O landfill
Court hearing held at Kwun Tong Court in Hong Kong

Read on SCMP Economy ↗