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Bearish, driven by escalating US-Canada trade tensions and Iran conflict

  1. Trump imposes 50% tariffs on most Canadian goods, targeting cars, alcohol and dairy · 4 sources
  2. Oil prices rise as Trump says Iran will pay for U.S. service members' deaths · 3 sources
  3. Rising Diesel Prices Could Fuel Inflation and Slow US Economy
  4. U.S. judge issues 14‑day pause on $110 bn Paramount‑Warner Bros. merger · 6 sources
  5. Forex Today: US Dollar rises as Gulf tensions lift, Oil and Canadian inflation cool · 3 sources

Markets 39

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  • US Dollar Index (DXY) rises 0.2% toward 101.00
  • US Treasury yields advance toward 4.60%
  • Canadian inflation cools, reducing expectations of Bank of Canada tightening
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  • Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours.
  • The move aims to align with global peers and sharpen Hong Kong's competitiveness as a financial hub.
  • Discussions are in early stages between HKEX and the Securities and Futures Commission (SFC).
  • Options being weighed include extending the afternoon close to 5pm or even 8pm.
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  • S&P 500, Dow Jones and Nasdaq all posted declines, pulling the market lower
  • Rising tensions over Iran added geopolitical risk to investor sentiment
  • Earnings season began, with mixed results prompting caution among traders
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  • Dimon says markets are underpricing geopolitical and fiscal threats, citing Ukraine, Middle East and US‑China tensions
  • He would not buy the broader equity market despite the S&P 500 up nearly 10% YTD
  • Predicts 10‑year Treasury yields should be 4%‑4.5%, indicating little upside for long‑dated Treasury prices
  • Warns persistent US budget deficits could force higher rates as bond vigilantes demand more compensation
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  • GBP/USD trades at 1.3425 after hitting a daily high of 1.3481
  • WTI's monthly surge keeps Fed rate hike speculation alive
  • UK jobs, inflation, and PMIs shape Sterling's next catalyst
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  • Chancellor Rachel Reeves steps down; new PM Andy Burnham initiates first cabinet reshuffle
  • UK 10-year gilt yield climbs to about 5.05%, indicating higher risk premium
  • Pound drops 0.24% against the dollar, trading near 1.3420
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  • Andy Burnham sworn in as UK's seventh prime minister in a decade
  • UK GDP growth forecast at 0.8% for 2026 after 1.3% in 2025 and 1% in 2024
  • North Sea oil production could rise to 7.5 bn barrels of oil equivalent under new policy push
  • Gilts risk premium remains contained; bond markets show little reaction to the leadership change
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  • China state-owned funds buy nearly $9 billion in shares to support market
  • Chip and tech stocks see deepening selloff globally
  • State-backed funds pledge to stabilize market
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  • Hidden off‑balance‑sheet liabilities of five US tech firms grew eightfold to $1.65 trillion in four years.
  • Meta’s off‑balance‑sheet debt alone is about $420 billion, roughly three times its reported debt.
  • AI‑related data‑center leases and GPU supply contracts are the primary drivers of the debt surge.
  • The opaque liabilities raise valuation and credit‑risk concerns for investors in the sector.
  • Nikkei’s study highlights difficulty in assessing true risk exposure of major tech companies.
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  • EUR/USD fell to around 1.1408, down from an intraday high of 1.1449
  • US Dollar Index recovered to about 101.00 after dipping to 100.65
  • ECB expected to keep its deposit rate at 2.25% on Thursday, with a September hike fully priced in
  • Oil prices rose to over one‑month highs, fueling inflation concerns
  • CME FedWatch shows a roughly 63% chance of a Fed rate hike in September
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  • Retail investors reduce exposure to the Mag Seven, citing valuation concerns
  • Capital flows increase into AI-related equities and ETFs
  • Jordan emerges as a flashpoint in the U.S.-Iran conflict, raising geopolitical risk
  • Major US equity indices slipped slightly in early-week trading
  • Semiconductor stocks recovered after last week's sharp selloff
  • Investors largely ignored the launch of a new Chinese AI model
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  • Nasdaq index slipped from early gains, reversing roughly 0.5% amid rising oil price worries
  • Investor anxiety over AI sector outlook added pressure to the tech-heavy index
  • SpaceX shares continued to trade below their IPO price, extending recent losses
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  • MXN up 0.66% versus USD, USD/MXN at 17.43 after intraday high of 17.55
  • DXY gains 0.19% to 100.94 as emerging‑market currencies benefit from risk‑on sentiment
  • Reuters poll forecasts Mexico GDP growth of 1.1% in 2026 and 1.8% in 2027, with inflation steady around 4% in 2026
  • Technical support near 17.39, resistance at 17.55; next long‑term barrier around 18.12
  • USMCA trade uncertainty and Middle East tensions keep MXN risk factors present
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  • INR and THB each depreciated about 1% against the US dollar last week
  • Brent crude rebounded to roughly $88 per barrel amid Middle East tensions
  • US Treasury yields remain above 4% despite easing after June CPI and PPI releases
  • One‑year US inflation expectations held at 4.2% YoY in July
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  • 10-year Treasury yield rose, lifting benchmark rates.
  • Bond market moves occur amid a quiet week of U.S. economic releases.
  • Investors await the Fed's Wednesday rate decision with no new speaker commentary.
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  • Use "wide scales" – buy at predetermined price levels with 5% to 10% drops between purchases
  • Pyramid strategies increase share count at each lower level, e.g., 5‑15‑25‑35 shares for a total of 80
  • Target larger declines (up to ~10%) before adding to positions to improve cost basis
  • Stop buying if the stock rallies and ride the smaller position higher
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  • Canadian annual CPI fell to 2.8% in June, below the 2.9% forecast
  • Core CPI eased to 0.2% MoM and annual core inflation dropped to 2.1%
  • USD/CAD rose about 0.3% to around 1.4060 as the loonie weakened
  • WTI crude rose over 1% to about $83.50 per barrel, offering limited support to CAD
  • Investors await US ADP employment data; a weaker reading could limit further USD/CAD gains
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  • Semiconductor shares rose, leading gains in the Nasdaq Composite
  • Nasdaq edged higher while broader U.S. indices were mixed
  • Investor focus shifted away from AI‑bubble concerns
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  • Trump announced on Truth Social that any Iranian killing of U.S. soldiers will trigger automatic retaliation.
  • Iran withdrew from its interim nuclear deal commitments after the weekend attacks.
  • Three U.S. service members were killed in Iranian attacks on bases in Jordan and Iraq.
  • The U.S. Dollar Index rose about 0.4% to around 101.00 following the statement.
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  • Dow Jones down about 100 points, hovering near 52,000; S&P 500 up 0.4% and Nasdaq up 0.9%
  • Fed funds futures show 83% chance of a hold at the July 29 meeting, with a 76% probability of a first hike in September
  • WTI crude steadies around $82/bbl and Brent near $88/bbl despite ongoing Middle East strikes
  • Semiconductor stocks drive gains—Micron +3%, AMD +2%—but the Dow lags due to its price‑weighted structure
  • Key data ahead: ADP employment at 12.15 GMT, jobless claims expected at 212 K, July PMI forecast at 54.5
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  • USD/JPY rose to around 162.55, up 0.10% on the day
  • DXY recovered to about 101.00 after dipping to 100.65
  • BoJ likely to keep policy rate at 1% but signal further hikes; finance minister warned of possible yen intervention
  • Houthi naval blockade in the Middle East revived risk premium, supporting the dollar
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  • Strong balance-of-payments buffers Latin America, keeping FX resilient amid equity-market risk
  • Mexico's bi-weekly CPI forecast at 3.25% y/y, with real rates staying high relative to price risks
  • Peruvian Sol (PEN) is the only clearly under-held currency, limiting total-return upside versus EMEA/APAC peers
  • Dollar-funded carry trades remain attractive as Fed policy stays defensive on inflation
  • SEBI imposed a fine of 10 million rupees on CDSL for cybersecurity and compliance failures.
  • The November 2022 malware attack disrupted settlement, corporate actions, margin pledges and inter‑depository transfers.
  • CDSL handles 83 million investor accounts, about 70% of India's market participants.
  • Regulators said CDSL failed to classify an internet‑facing server as a critical asset and missed real‑time intrusion detection.
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  • AUD/USD could rise into 2027, backed by Australia's relatively high cash and government bond yields
  • Analysts believe the pair may have bottomed, given its sensitivity to global growth momentum
  • Resilient US activity and a Fed on‑hold stance support growth‑sensitive G10 currencies like the AUD
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  • Hut 8 shares rose up to 17% after signing a $9.8 billion, 15‑year lease for its Texas AI data center.
  • IREN stock jumped 19% after securing $2.8 billion in multiyear cloud contracts with AI developers.
  • Other crypto miners rallied: Cipher Mining +11%, TeraWulf +6.4%, Riot +5%, MARA +9%, WGMI ETF +8.5%.
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  • GBP/JPY fell 0.15% to 218.13, extending a three‑day decline.
  • Technical resistance at 219.00; breach could open 219.50‑220.00 targets.
  • Support levels at 218.01, 217.00 and 216.60 if downside pressure continues.
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  • Cramer warns the AI trade has become too noisy and suggests reducing exposure to tech stocks
  • He recommends allocating to high-quality non‑tech companies such as Goldman Sachs, Wells Fargo, FedEx, Honeywell and Boeing
  • Despite caution on tech, he stays bullish on Nvidia and Intel, awaiting a broader tech washout before adding more
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  • USD/CNH fell to a recent low mid‑week on softer US inflation data
  • PBoC daily fixing kept the pair within a tight band, supporting modest rebounds
  • OCBC forecasts the pair to remain broadly rangebound, with limited upside due to weak domestic growth and policy‑easing expectations
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  • USD/CHF trades at 0.8101, up 0.32% after recapturing the 0.8100 level
  • Higher lows over four sessions suggest buyers are stepping in on dips
  • RSI remains in bullish territory, reinforcing upward momentum
  • First resistance at 0.8172, with next targets at 0.8200 and 0.8250
  • Key support at 0.8061, with deeper support near 0.8033 and the 0.8000 psychological level
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  • Dollar Index rose 0.1% to 97.17
  • Marks third consecutive trading day of gains
  • Increase modest, keeping the index near the 97 level
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  • AUD/USD trades around 0.7000, with resistance at 0.7010‑0.7015 and support near 0.6995
  • PBOC keeps the one‑year LPR at 3.00% and the five‑year LPR at 3.50% for the 14th month
  • US ADP employment average was 19.75K; upcoming data could sway the USD and AUD/USD pair
  • US Treasury yields rise modestly, curbing further AUD gains
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  • Soft Canadian CPI lifts USD/CAD above 1.40
  • Broad USD strength caps USD/CAD downside, keeping it above 1.40
  • Higher oil prices support CAD on cross rates but not versus USD
  • TD forecasts USD/CAD around 1.39 through H2 2026

Macro/Economy 27

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  • US announces 50% tariff on most Canadian imports
  • Tariffs focus on automobiles, alcoholic beverages and dairy products
  • Raises risk of higher inflation and could strain US‑Canada trade relations
  • Potential impact on Canadian dollar and related equities
  • Rising diesel prices are identified as a significant risk to the US economy.
  • Higher diesel costs are expected to contribute to broader inflationary pressures across sectors.
  • Increased transportation and operational expenses for businesses could lead to an economic slowdown.
  • Impacts are anticipated across various industries, including agriculture, manufacturing, and retail.
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  • CPI inflation in New Zealand rose 4.1% YoY in Q2, beating expectations of 4.0%
  • Quarterly CPI inflation jumped 1.5% in Q2, above market consensus of 1.4%
  • NZD/USD pair trades 0.06% higher on the day
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  • China to levy consumption tax on EVs, adding 1,000 yuan (US$147) to production costs
  • Analysts warn of pressure on EV manufacturers due to thin margins
  • Beijing aims to curb overcapacity and price wars in the EV sector
  • China imported 12.08 million tonnes of Brazilian soybeans in June, up 13.7% YoY
  • U.S. soybean shipments to China fell to 1.27 million tonnes, down 20.6% YoY
  • Total oilseed arrivals reached a record 13.55 million tonnes for the month
  • U.S. shipment decline contrasts with expectations from the Trump‑Xi purchasing deal
  • SAF accounts for only 0.6% of global jet fuel use, far below the 65% target for 2050
  • Current SAF price is 2‑5× higher than conventional jet fuel, limiting airline adoption
  • India’s abundant feedstock and expanding refining capacity could enable it to supply a large share of future SAF demand
  • Annual need for new high-voltage transmission is about 5,000 miles.
  • Only 392 miles were added in the most recent year.
  • The shortfall highlights ongoing infrastructure gaps in the U.S. power grid.
  • Leading Economic Index declined 0.2% in June
  • Weakening consumer spending was the primary driver
  • The index had risen in April and May before the drop
  • Signal of a near‑term slowdown in US economic momentum
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  • 19% of voters say government ownership of U.S. companies is appropriate, while 49% say it isn’t
  • Trump administration has negotiated 30 equity deals worth nearly $27 billion
  • Intel stake grew 372% to $42 billion after a 10% government share was taken
  • 66% of Democrats oppose government equity stakes versus 34% of Republicans
  • 32% of voters remain undecided on the issue
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  • Higher crude oil prices have increased India's import bill, widening the fiscal deficit.
  • Dependence on Middle East oil supplies raises fiscal risk amid geopolitical tensions.
  • Fiscal buffers may be strained if oil prices stay elevated, prompting policy reassessment.
  • Domestically produced novel drugs comprised over 80% of market approvals in China during the first half of the year.
  • Out of 38 innovative drugs cleared for sale in H1, 31 were home-grown medicines.
  • This trend signifies a 'systemic leap' in the quality of China's pharmaceutical innovation, according to a government spokesman.
  • Pork prices have fallen for 13 consecutive months in China.
  • Expansion of high‑tech, large‑scale pig farms has increased supply.
  • Rising living standards and shifting dietary preferences are reducing pork demand.
  • METI may start talks this month on reforming or dissolving the Cool Japan Fund
  • Fund, launched in 2013 to promote Japanese culture overseas, has repeatedly missed its objectives
  • Ongoing deficits have pushed the fund deeper into the red, casting doubt on its future
  • Greenspan's legacy is being reassessed following his death.
  • Critics link the 2008-09 crisis to his deregulation policies.
  • The article argues the narrative is driven by political motives.
  • 38% of U.S. consumers now have a personal loan, up steadily since 2017
  • Avant offers $2,000‑$35,000 loans with origination fees up to 9.99% and credit scores 550‑700
  • SoFi provides loans up to $100,000, APR 8.74%‑35.49%, with no origination or prepayment fees
  • LightStream offers fee‑free loans up to $100,000, terms up to 240 months (20 years)

Central Banks 3

  • Bank of Korea to expand CBDC pilot to nine banks in September with real-transaction testing
  • Project uses BOK infrastructure with banks issuing deposit tokens for potential commercialization
  • South Korea also advancing won-backed stablecoin plans and crypto asset classification

Energy/Oil 20

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  • Brent crude up 1.3% to $89.22 per barrel
  • WTI crude up 0.9% to $83.23 per barrel
  • Oil has surged roughly 20% this month amid escalating U.S.-Iran conflict
  • Houthi militants in Yemen announced a maritime embargo on Saudi Arabia
  • Trump warned Iran will face multiple reprisals for killing U.S. service members
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  • Re‑escalation in Iran effectively shut the Strait of Hormuz, curbing oil flows
  • Buffers that cushioned the earlier Iran war shock are now thin, limiting market resilience
  • Analysts had expected flow recovery by Q3 end, but renewed tension raises spike risk
  • Potential for Brent and WTI prices to jump sharply amid supply concerns
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  • WTI crude traded just above $82 after a surge testing $83, reversing a slide from >$84 to ~ $79.5.
  • President Trump's Truth Social post on retaliation sparked a near $2 rebound in two hours.
  • Gulf export flow is at roughly half pre‑war levels (~7 million bpd) and the SPR sits at a 1983 low (~319.5 million barrels), limiting supply cushion.
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  • Front‑month Brent rose ~12% this week, driven by renewed US‑Iran tensions and Houthi blockade threats
  • Crack spreads jumped 22% in Asia and 12% in the US as refined product supplies tighten relative to crude
  • Crude now accounts for about 80% of Strait of Hormuz traffic, roughly five percentage points higher than before the conflict
  • June inventories increased by 21 million barrels, with the build mainly in crude rather than refined products
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  • Houthi militants announced an immediate maritime embargo on Saudi Arabia, threatening the Bab el-Mandeb Strait
  • Saudi Arabia currently diverts millions of barrels per day via a Red Sea pipeline to offset Hormuz disruptions
  • Brent crude rose about 4% to $90 per barrel but steadied after the embargo announcement, showing limited immediate market impact
  • Iranian attacks have already reduced tanker traffic through Hormuz, increasing regional oil supply risk
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  • The gasoline‑crude crack spread widened sharply, reaching roughly $30 per barrel
  • Gasoline prices rose faster than crude, outpacing gains in WTI and Brent
  • Tighter gasoline supply and refinery constraints are pushing margins higher
  • Seasonal demand and logistics bottlenecks are cited as key drivers
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  • EU Commission advises member states not to enforce methane penalties for 2027‑2030.
  • Penalties could have reached up to 20% of annual turnover for non‑compliant oil and gas firms.
  • Suspension follows US and other oil‑producing nations' concerns over supply disruptions linked to Middle East tensions.
  • Small NZ oil and gas firms are filing for offshore exploration permits before the upcoming election, fearing a possible ban reversal.
  • New Zealand lifted a seven‑year drilling ban in 2023, reopening the sector after a 7‑year pause, but no new contracts have been awarded yet.
  • The policy reversal could be undone if the new government reinstates the ban, prompting firms to act quickly.
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  • Nigeria plans to raise crude production to 3 million bpd by 2030, up from roughly 1.5 million bpd today
  • The target would almost double current output, marking the highest level in Nigeria's history
  • Regulatory reforms aim to speed up investment and cut project delays to achieve the goal
  • If reached, the added supply could influence global oil markets and pressure prices lower
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  • Incoming PM Andy Burnham to announce new North Sea drilling plans within days of taking office
  • Fast‑track approvals targeted for the Jackdaw gas field and Rosebank oil field projects
  • Policy includes expansion of tie‑back drilling near existing fields to boost upstream activity
  • Projects operated by Adura joint venture, indicating a shift toward domestic energy development
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  • Drone hit tanker NELSA at CPC's Single Point Mooring 1, igniting fire and halting loading
  • Exports from the Black Sea terminal were suspended for the second time in under 24 hours
  • Incident may temporarily tighten global crude supply, influencing Brent and WTI prices
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  • National average regular gasoline price hit $4.003 per gallon on July 20, according to AAA data
  • Price rose from $3.872 per gallon a week earlier
  • Increase tied to crude oil rally amid renewed Middle East hostilities and de‑facto closure of the Strait of Hormuz
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  • Morgan Stanley forecasts European diesel stocks will drop to multi-year lows before year-end
  • Multiple supply disruptions across the region are tightening the diesel market
  • Tight inventories are likely to lift European diesel prices
  • Analysts note the situation could persist into early 2025 if supply issues remain
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  • WTI has risen about 8% in the past month, reaching roughly $82 per barrel
  • The rally now faces a key support level near $78 per barrel
  • A break below $78 could end the bullish streak, while a hold above may sustain momentum
  • Inventory builds and Fed policy remain upside risks for the price
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  • Hormuz shipping disruptions cut LNG cargo flows by roughly 10% in the latest quarter
  • Oil prices rebounded about 2% after the incident, while LNG spot prices lagged behind
  • Analysts project LNG market may need 6‑9 months to fully recover
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  • Daily oil transit through the Strait of Hormuz rose sharply in recent weeks
  • Analysts warn the recent supply increase could reverse if regional tensions rise
  • OPEC+ output remains unchanged, limiting long‑term supply growth
  • Potential disruptions could tighten global crude markets

Gold/Metals 13

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  • Gold prices decline 1.5% to $1,930/oz as US Dollar Index (DXY) surges 0.8%
  • Safe-haven demand for gold wanes as US Dollar's strength reduces gold's appeal
  • Gold's 14-day relative strength index (RSI) falls to 45, indicating oversold conditions
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  • After a five‑week unwind, speculators added net long exposure, with longs slightly outpacing shorts
  • Firm Chinese premiums and low LME/SHFE arrivals have driven inventory draws, tightening the physical market
  • Middle East tensions keep supply risk in focus, while a softer CPI eased macro pressure
  • Expectations of further Fed tightening could trigger rapid position trimming if copper fails to sustain gains
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  • Silver (XAG/USD) trades around $56.85, up ~1.5% on the day, holding the $55 support level
  • Price remains below the 100‑day SMA (~$58.94) and 200‑day SMA (~$62.43), RSI near 38‑47, indicating bearish bias
  • A break below $55 could push silver toward $50, while resistance is at $58‑$60 and a stronger cap at $65
  • Speculative long positions have been trimmed, adding downward pressure on the metal
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  • Central banks have doubled the pace of gold buying in the last 12 months
  • Sanctions, inflation and credit‑risk concerns are prompting a move away from paper currencies
  • World Gold Council says gold is being re‑cast as a monetary asset
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  • Assays confirm high-grade gold-copper core at the BBM target area
  • Core extends beneath the current mine footprint, suggesting a larger lode
  • Project is backed by Newmont, adding credibility to the exploration results
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  • Gold hovers near $4,010, holding above $4,000 support amid volatility
  • US Dollar Index rebounds to ~100.90 and oil prices near one‑month highs, limiting gold upside
  • Technical outlook shows bearish bias below $4,200 resistance, with support at $4,000 and $3,800
  • Hawkish Fed expectations and higher oil keep inflation risks elevated, capping gold
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  • Gold is testing a key technical support at $3,955
  • A break below $3,955 could push prices toward $3,800
  • Holding $3,955 may enable a rally toward $4,050 resistance
  • Recent price moves reflect mixed inflation and market sentiment
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  • Gold price retreats to $3,900 after record high
  • Current price around $3,950 looks fairly valued
  • Investors await inflation data for next price move
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  • Seabridge Gold secured a $100 million (C$137 million) credit line from an unnamed investor.
  • The loan is earmarked to advance the KSM gold project in British Columbia.
  • The KSM project faces mounting legal uncertainty that could affect timelines.
  • Funding helps sustain development despite the regulatory challenges.
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  • Front-month silver up for a second consecutive day
  • Silver down 4.5% for the month and 19% year-to-date
  • Gold prices slipped on the same day
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  • Orezone Gold (TSX: ORE) restarted the Casa Berardi gold mine on Friday evening after a three‑day voluntary suspension.
  • The shutdown was triggered by nearby wildfire activity, prompting a precautionary pause.
  • The company said it will continue to monitor fire risk while aiming to keep production on schedule.

Crypto 32

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  • Allbridge Core paused operations after a $1.65 million flash loan exploit on Solana liquidity pools
  • Attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios and withdraw assets at favorable rates
  • Allbridge advised liquidity providers to withdraw funds and asked traders to return profits from arbitrage
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  • Zilliqa asked exchanges to halt ZIL deposits and withdrawals.
  • The action follows a suspected compromise of an exchange partner's cold wallet.
  • The exact amount of ZIL stolen has not yet been disclosed.
  • Brazil's CVM established a working group to draft an experimental framework for tokenized securities.
  • The group must submit its initial proposal to the CVM board within 60 days of installation.
  • Key issues to be addressed include official ownership records, private key custody, transaction reversibility, and system liability.
  • Brazil's real-world asset (RWA) market has grown to approximately 12 billion reais ($2.34 billion).
  • The CVM will review past regulatory sandbox experiments and international models to inform the new rules.
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  • Bitcoin's 30-day implied volatility index (BVIV) at 34-38%, historically a precursor to volatility spikes and price declines
  • BVIV below 30-day and 200-day moving averages, suggesting mean-reversion toward higher turbulence
  • Bitcoin trading near $64,000, range-bound since last Wednesday despite mixed ETF flows
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  • Grayscale plans to establish regular cash distributions to investors.
  • Payouts will be derived from staking rewards generated by its crypto products.
  • The distributions will come from Grayscale's Ether (ETH) and Solana (SOL) exchange-traded products.
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  • Bitcoin fell 1% to $65,453 while Nasdaq 100 and S&P 500 futures gained 0.35% and 0.20%, widening crypto-equity divergence
  • PUMP token surged 20% on influencer-driven social-media chatter, while broader crypto market remained cautious (Fear & Greed index at 34)
  • Futures open interest flat at $111B despite 81% volume surge, indicating low leverage demand and risk aversion across top tokens
  • Solana futures OI dropped to 62M tokens (lowest since May), while Bitcoin’s 30-day implied volatility nears 36%, a level historically preceding sharp slides
  • CEX spot trading volumes rose 15.3% to $1.11T in June, with RWA perpetual volumes hitting a record $311B
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  • Bitcoin price meets resistance around $65,000, failing to break higher
  • Institutional tech sell‑off pushes major stock indices to record lows
  • Traders eye potential breakout if Bitcoin can surpass the $65K barrier
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  • Hard fork went live on July 18, moving mainnet to protocol version 11.
  • Stakeholder representatives voted 78.97% in favor, surpassing the 60% threshold.
  • Pool operators approved the upgrade with 53.02% support, the narrowest margin required.
  • Roughly 93% of block production was already on version 11 at activation.
  • The upgrade reduces smart-contract execution costs and prepares for the 2026 Ouroboros Leios scaling upgrade.
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  • Permissionless prediction markets will be available on testnet and mainnet
  • Deployers will be required to stake 500,000 HYPE tokens
  • Deployers will earn up to 50% of trading fees revenue
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  • Democratic lawmakers inserted consumer protection rules into the CLARITY Act for digital assets
  • The amendment aims to strengthen safeguards for crypto investors
  • Coinbase vice chair Ryan VanGrack highlighted the new provisions
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  • Abu Dhabi Global Market (ADGM) adds Tether Gold to its list of accepted spot commodities
  • Regulated firms in ADGM can now provide services involving Tether Gold
  • The decision signals broader acceptance of tokenized commodities in the region
  • No immediate pricing impact on gold or crypto markets reported
  • SEC alleges $22 million was raised from investors
  • Company promised guaranteed returns from crypto mining
  • Funds were largely not used for mining operations
  • U.S. Securities and Exchange Commission filed the lawsuit
  • Case highlights regulatory risk for crypto mining investments
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  • Hut 8 and IREN secured AI infrastructure deals worth several billion dollars
  • Shares of AI‑focused Bitcoin mining companies jumped 8%‑12% on the news
  • The contracts signal a shift toward data‑center and cloud‑computing models for miners
  • Executive order establishes a Virtual Asset Council to oversee crypto activities
  • New framework introduces taxation rules for cryptocurrency transactions
  • Order aims to unify fragmented crypto regulations across Nigeria
  • Implementation timeline not specified; regulators will develop detailed guidelines
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  • Peter Brandt forecasts a specific date for the end of Bitcoin's bear market
  • He argues Bitcoin bought now will outperform AI stocks over the next 2‑3 years
  • Brandt's view suggests a bullish outlook for Bitcoin despite current weakness
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  • Kalshi traders assign a 41% chance volume exceeds $160B and only 25% chance it exceeds $170B
  • Consensus estimate is $168.5B, but volume may fall below $200B for first time since Q3 2024
  • Probability of volume above $150B is 99% according to prediction market odds
  • Bitcoin price fell about 12% in Q2, contributing to lower Coinbase volumes
  • Coinbase shares have dropped over 55% since Bitcoin peaked in Oct 2025
  • Vietnam sets fines up to $1,900 for unlicensed crypto trading
  • Regulations aim to curb AML breaches ahead of market launch
  • Penalties to be enforced before Vietnam's regulated crypto market rollout
  • Institutional due diligence now prioritizes continuous monitoring
  • Signer controls and incident readiness become key trust signals
  • Operational failures account for most crypto losses
  • The State Duma will consider the crypto bill in second and third readings on Tuesday.
  • The draft includes new rules for investors and cross‑border crypto payments.
  • Passage could tighten Russia's crypto market oversight and affect domestic trading activity.
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  • Bitcoin maintains long-term trend line support
  • US-Iran tensions drive oil prices to five-week highs
  • Bitcoin price at $[X] as of writing
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  • US spot Bitcoin ETFs recorded net inflows for a second consecutive week.
  • Total net inflows amounted to $75.7 million.
  • Analysts indicate that current demand is insufficient to drive a sustained uptrend in Bitcoin's price.
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  • Exodus will lay off roughly 25% of its global staff.
  • Restructuring charges are estimated between $2.5 million and $3.5 million.
  • Annual cash operating expense savings of $10‑$13 million are expected by 2027.
  • The move follows acquisitions of Monavate and Baanx to build a full‑stack payments platform.
  • EXOD shares rose 2.2% in early trading despite an ~85% year‑over‑year decline.

Geopolitics 58

  • Andy Burnham sworn in as UK prime minister on Monday
  • Unveils a 10-year plan to restore political stability and revive the economy
  • Promises to ease cost of living, decentralise power, revitalise industry and tackle homelessness
  • Notes six previous UK leaders have failed to achieve lasting stability in the past decade
  • Al-Hayya won the leadership run‑off with 35 of 69 votes, beating Khaled Meshaal by a single vote
  • His election gives the United States a single Hamas figure for potential diplomatic engagement
  • Al-Hayya is viewed as a pragmatist with prior negotiation ties to US envoys, but remains aligned with Iran's Axis of Resistance
  • Analysts say his rise signals continuity rather than a shift in Hamas's internal structure or policy
+
  • Houthis declared an immediate naval blockade of Saudi Arabian ports in the Red Sea
  • Blockade targets the export corridor Saudi Arabia uses to bypass Strait of Hormuz disruptions
  • The action is framed as retaliation for a Saudi siege of Yemen
  • Saudi officials had not responded to the announcement as of Monday
  • The move escalates the U.S.-Iran conflict to the southern entrance of the Red Sea
  • China's PLA Daily issues full-page warning on Japan's growing drone power
  • Japan's right-wing forces seek to bypass constitutional ban on offensive combat capabilities
  • Uncrewed platforms enable Japan to expand military development
+
  • Ceasefire breaks down 30 days after the US-Iran memorandum of understanding
  • US conducts airstrikes while Iran launches missile retaliation across the Gulf
  • Strait of Hormuz tensions rise, heightening risk to oil supply routes
  • Oil markets react, with Brent and WTI prices edging higher
  • President Trump signed an order to reduce reliance on China for defence-critical minerals
  • Military contractors must shift away from China-linked supply chains by Jan 2027
  • Order cites need to protect supply chains from physical, cyber, and economic subversion
  • Move underscores heightened US‑China strategic competition
+
  • Geopolitical friction between the United States and Iran heightens global market risk premium
  • China's rapid AI advancements raise concerns among U.S. officials, adding to market uncertainty
  • Analysts expect increased volatility across equities, bonds, and currencies as tensions persist
+
  • US forces carried out a ninth consecutive day of air strikes on Iranian targets.
  • Air raid sirens sounded in Bahrain and other Gulf states amid rising tensions.
  • Three (potentially four) US soldiers were reported killed, prompting a stronger response.
  • Strikes aim to limit Iran's ability to threaten vessels in the Strait of Hormuz, which moves about 20% of global oil and gas.
  • EU is intensifying diplomatic engagement with China while preparing contingency plans for a trade dispute.
  • Brussels aims to protect manufacturing jobs, citing ongoing losses in sectors hit by the “China Shock 2.0”.
  • The bloc's resilience and de‑risking strategy includes new deterrents to prevent deindustrialisation.
  • China’s goods trade surplus with the EU was about €360 bn in 2025 and continues to widen.
  • German car exports to China dropped 66% versus 2022, hitting the lowest level in a decade by 2025.
  • EU‑China talks covered export controls, IP rights and WTO reform, signalling a shift beyond pure market‑access issues.
  • Europe is pursuing a “de‑risking” strategy, aiming to reduce reliance on China while maintaining engagement.
  • Khalil al-Hayya elected as Hamas' new head of political bureau
  • Replaces Yahya al-Sinwar, who was martyred
  • Talks with Israel on ceasefire continue
  • Germany and France display united front against China's economic challenges
  • Joint road map to be released by September to address trade deficit
  • Berlin's shift in stance comes as EU's China trade deficit continues to widen
  • Chinese BRI investments in Balkans exceed €1B since 2009, with €1B more pledged in 2023
  • US and EU blacklisted 28 Chinese firms over surveillance/security risks, including Huawei and Dahua
  • Serbia’s 5G rollout now excludes Huawei, shifting to Ericsson/Nokia with Western-backed funding
  • Cyberattacks on Telekom Srbija Group linked to Russian hackers aligned with Chinese interests
  • Peter Szijjarto resigned from Hungarian parliament to take a senior role at BYD
  • He previously negotiated China deals and was accused of leaking EU information to Russia
  • Security analysts warn his move could expose sensitive diplomatic data to a Chinese EV firm
  • The appointment intensifies scrutiny of EU‑China technology and investment ties
  • President Trump has signaled intent to withdraw US support from UNHCR, citing policy concerns
  • Senior US officials are engaging with UN representatives to resolve the dispute and avoid a funding cut
  • Sources say a decision on the split could be made within weeks, adding uncertainty to US‑UN refugee cooperation
  • 28-year-old Joshua Kerry charged with murder and terrorism offences after arrest on July 11
  • 78-year-old Widdecombe found dead with serious injuries at her home on July 9
  • Police investigating possible political motive; suspect to appear at Westminster Magistrates Court on Tuesday
  • Thailand's foreign minister says land-border negotiations are halted after Cambodia invoked compulsory conciliation under UNCLOS.
  • Cambodia's action follows a maritime boundary dispute and precludes bilateral talks under current conditions.
  • China has offered to facilitate dialogue, with President Xi urging a peaceful settlement.
  • Prime Minister Anutin Charnvirakul made Thailand's first official visit to China, meeting President Xi Jinping and Premier Li Qiang
  • Both sides reaffirmed the comprehensive strategic cooperative partnership covering political, economic, security and AI cooperation
  • Thailand opened a new Board of Investment office in Chengdu and hosted over 150 Thai executives for a business forum to boost trade and investment
  • A 2+2 dialogue between foreign and defence ministers was agreed to start, hosted initially by China
  • Preparations began for the 50th anniversary of diplomatic relations in 2027, with hopes for a state visit by Xi next year
  • President Trump asserts Israeli PM Netanyahu will not face arrest while in the United States in September.
  • NYC Mayor Zohran Mamdani had raised the possibility of arresting Netanyahu during his UNGA appearance.
  • The International Criminal Court issued an arrest warrant for Netanyahu on Nov. 21, 2024, over alleged war crimes in Gaza.
  • Netanyahu's office denounced the ICC warrant as illegitimate, calling the court a 'kangaroo court.'
  • Opposition leader Natthaphong Ruengpanyawut signals a no‑confidence debate when parliament reconvenes
  • Corruption scandals cited include Interior Ministry cases, Senate election collusion, and links to Prime Minister Anutin
  • Election Commission expected to rule on the Senate collusion case in early September, with opposition questioning its independence
  • Timing of the debate will depend on political developments; government’s risk of collapse hinges on investigation outcomes
  • President Donald Trump dismissed New York Mayor Zohran Mamdani's threat to detain Israeli PM Netanyahu.
  • The International Criminal Court issued a 2024 arrest warrant for Netanyahu over alleged war crimes in Gaza.
  • Mamdani hinted at possible arrest if Netanyahu attends the UN General Assembly in September, but Trump pledged no arrest in the US.
  • Zelenskyy dismissed the defence minister, triggering protests and a political rift in Kyiv
  • Ukraine struck oil facilities in Russia's Moscow region following a major Russian missile attack
  • In July, Russia launched more ballistic missiles at Ukraine than it typically produces in a month
  • Analysts warn the internal Ukrainian divide could be exploited by Russia in the ongoing conflict
  • State Department report says China operates three intelligence-gathering facilities in Cuba
  • Beijing's presence in Cuba gives potential access to US electronic communications and military installations
  • China has sharply expanded its personnel on the island, using Havana as a strategic monitoring platform
  • Iran publicly denounced recent U.S. attacks targeting civilian sites in the country.
  • Tehran reported receiving mediation proposals from multiple parties amid the conflict.
  • Iran emphasized that diplomatic channels remain active despite ongoing hostilities.
  • Former Hungarian PM Viktor Orban departed after 16 years in May, raising hopes for tougher sanctions
  • EU officials expected the Commission's proposal for a 21st sanctions round to pass more easily
  • Disagreements remain, with member states still divided over blacklisting individuals and economic measures
  • No concrete sanctions package has been approved yet, delaying further pressure on Moscow
  • Darline Graham, appointed to fill her late brother's seat, seeks a full six-year Senate term.
  • Special GOP primary set for Aug. 11; candidate filing opens Tuesday at noon ET.
  • Field includes Rep. Russell Fry, Rep. Ralph Norman, Mark Lynch and Duke Buckner, raising concerns over a potential House seat vacancy.
  • Cook Political Report rates the November general election race as "Solid R."
  • Rosatom reduces its 2024 investment program by nearly 50%
  • Targets a 10% reduction in operating costs over the next 18 months
  • Kazakhstan and Uzbekistan may need to revisit nuclear projects with Rosatom
  • Cuts stem from Russia's poor economic conditions
  • The Falepili Mobility Pathway caps visas at 280 Tuvaluans annually, with 2,474 primary registrations (8,750 people including families) for the first ballot.
  • Tuvalu's civil service vacancy rate climbed to 27% in 2023, leaving 343 of 1,360 positions empty and recording 32 resignations in 2025‑26.
  • The random visa lottery may worsen shortages in critical sectors such as health, education, and utilities.
  • The scheme lacks funded training or retention incentives for essential workers, risking institutional weakening in the island nation.
  • Australia's development plan tracks visa numbers and remittances but does not measure the impact on Tuvalu's public‑service capacity.
  • Trump’s July 16 2027 speech blamed FBI and CIA for election‑security cover‑ups
  • In 2025 Canada faced possible expulsion after refusing US tariff demands
  • UK halted Caribbean intelligence sharing with US last year over legal concerns
  • Core intelligence cooperation persists despite political frictions
  • Around 9 a.m., a Chinese coastguard vessel reported two rubber dinghies launched from the Philippines' grounded BRP Sierra Madre at Second Thomas Shoal.
  • China accused the Philippines of an illegal launch, while Manila denied the allegation, heightening regional tensions.
  • The incident comes as China's top diplomat prepares to attend the ASEAN foreign ministers’ meeting in the Philippines.
  • Satellite images from July 2 show a new fast combat‑support vessel under construction at the Comec Longxue shipyard near Guangzhou.
  • The ship is described as one of the largest of its kind intended to sustain the upcoming Type 004 aircraft carrier.
  • The support vessel will enable long‑range operations for China’s future carrier battle group.
  • The Type 004 carrier itself remains under construction, highlighting ongoing expansion of China’s naval capabilities.
  • Identifies four maritime flashpoints beyond the South China Sea in East Asia
  • Ranks them from the lowest to the highest likelihood of sparking a shooting war
  • Notes that while Taiwan remains the most prominent dispute, these four are gaining geopolitical attention
  • Singapore PM Lawrence Wong swiftly handled the resignation of acting minister Faishal Ibrahim
  • Resignation comes after PM learned of improper interactions with a woman
  • Move aims to contain political fallout and potential leaks
  • Czech lawmakers visit China in first high-level engagement since 2019
  • Delegation led by Chamber of Deputies speaker Tomio Okamura seeks agreements on flights, tourism, and visa-free travel
  • Analysts describe visit as 'testing the waters' rather than a substantive thaw
  • PNG will close Taiwan's unofficial representative office immediately
  • Closure reflects PNG's commitment to the one‑China policy ahead of the 50th anniversary with Beijing
  • Taiwan has started a review of its LNG imports from PNG following the diplomatic move
  • No immediate change in LNG supply volumes has been reported
  • Both governments confirmed ongoing communication about heads‑of‑state talks later this year.
  • US top diplomat downplayed allegations of Chinese election meddling as a barrier to engagement.
  • No alteration to the planned summit schedule despite recent Trump election statements.
  • Japan and India issued a joint statement earlier this month that explicitly cites Pakistan in cross-border terrorism
  • Japanese Prime Minister Sanae Takaichi met Indian Prime Minister Narendra Modi in New Delhi for the declaration
  • Pakistani officials and analysts expressed alarm, saying the claim harms Pakistan's international image
  • Tokyo officials have denied the allegation, suggesting a shift in Japan's South Asia policy
  • ASEAN foreign ministers gather in Manila for their annual summit, scheduled for the week of July 20, 2026.
  • Core disputes include Myanmar's political crisis, the Thailand‑Cambodia border standoff, and competing claims in the South China Sea.
  • The outcomes will gauge ASEAN's cohesion and could influence regional diplomatic and security dynamics.
  • Sara Duterte, former mayor and daughter of ex-president, is on trial after a May 8, 2025 rally appeal for support.
  • The impeachment battle could reshape the political landscape ahead of the 2028 presidential election.
  • Geopolitics experts warn the case may affect Manila's diplomatic stance and investor confidence.
  • Former US President Donald Trump reported a "very good conversation" with the newly appointed UK Prime Minister.
  • No specific policy topics or outcomes were disclosed in the remarks.
  • The statement did not trigger any immediate movement in equity, bond, or currency markets.
  • Demonstrators pelted lawmakers' vehicles with eggs outside Albania's parliament on July 20, 2026
  • Protests demand changes to laws allowing tourist resorts in protected natural areas
  • No injuries reported; police detained several participants
  • Government has pledged to review the contested legislation
  • President Daniel Ortega announced Nicaragua will no longer hold elections
  • He framed the move as a way to block US‑backed opposition parties
  • Ortega previously extended the presidential term to six years and named his wife as co‑president
  • Police deployed batons and tear‑gas canisters to break up the march.
  • Tens of thousands of demonstrators gathered outside parliament.
  • Protesters demand Education Minister Dharmendra Pradhan resign over exam scandals.
  • Supreme Court rejects Trump's attempt to restrict birthright citizenship in the United States.
  • Trump posts a sarcastic social‑media message congratulating China on its birthright citizenship policy.
  • Department of Justice orders federal prosecutors to prioritize investigations in the wake of the ruling.
  • Judit Polgar turned down Prime Minister Peter Magyar's invitation to run for Hungary's presidency
  • Magyar aims to end Viktor Orban's 16-year tenure with a pro‑European, conservative candidate
  • Polgar said she lacks the strength to assume the historic responsibility of the role
  • 42-year-old Moroccan entrepreneur Abderrahim Fakir died while police restrained him in Bologna.
  • Hundreds gathered for a second night of protests, with some using firecrackers and police deploying tear gas and water cannon.
  • Italian political leaders are divided, with far‑right officials defending the police and opposition figures condemning the handling.
  • Prosecutors have opened an inquiry and requested body‑camera footage from the officers involved.
  • 23-year-old waiter with intellectual disability sentenced to 28 months for inciting subversion and pro-Taiwan posts
  • Judge cited impaired moral judgment due to disability as mitigating factor
  • 118 subversive messages published on social media between June 27 and sentencing
  • Hong Kong Palace Museum signs MOU with Uzbekistan's Islamic Civilisation Centre
  • Collaboration on exhibitions, academic research, and future projects
  • First official reciprocal visit by a Central Asian cultural institution

Tech/AI 28

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  • Chinese open-weight AI models are priced near mid‑tier US systems, offering a lower cost‑to‑intelligence ratio.
  • US semiconductor stocks slumped, with the Philadelphia Semiconductor Index down 9.97% last week – its biggest weekly fall since last year's tariff announcements.
  • The cheaper Chinese models could speed AI adoption but pressure US AI capex returns and risk an over‑investment cycle.
+
  • Analysts split on whether AI is a sustainable growth driver or a speculative bubble
  • Bull case cites potential multi‑trillion‑dollar revenue expansion across sectors
  • Bear case warns of over‑inflated valuations that could trigger sharp market corrections
  • Uncertainty persists on the timeline for AI earnings to materialise
+
  • Alphabet shares rise 1.51% after report on AI chip development
  • New chip, 'Frozen v2,' could serve 6-10 times more tokens per unit of power than TPUs
  • Targeting 2028 deployment, but may not replace general-purpose TPUs
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  • Helios rack AI system slated to ship later this year, with Microsoft among first customers
  • AMD shares jumped >4% and Microsoft stock rose >1% after the announcement
  • Helios priced at $5‑$5.5 billion per system, compared with Nvidia's Vera Rubin at $3.5‑$4 billion
  • Each Helios tray integrates 4 Instinct GPUs, an EPYC CPU and networking chips for AI inference
  • AMD targets tens of billions in data‑center AI revenue by 2027, aiming for 20‑25% market share
  • CuspAI, a British AI startup, secured $450 million in funding, valuing it at $2.6 billion.
  • Jeff Bezos' Bezos Expeditions was a significant participant in the funding round, led by Kleiner Perkins and NEA.
  • CuspAI announced a partnership with Nvidia and other industry leaders for its 'AI Materials Foundry'.
  • The startup utilizes AI to simulate novel materials, aiming for breakthroughs in semiconductors, clean energy, and advanced manufacturing.
  • CuspAI is expanding globally, opening a new office in Singapore and growing teams across multiple countries.
  • SK Hynix's long-term AI chip supply deals may not be as solid as claimed
  • Companies are struggling to meet demand for AI chips, leading to supply chain uncertainty
  • The AI chip shortage could persist, impacting tech companies' growth
  • Director Chris Fall stepped down three months after his appointment.
  • Arvind Raman, former Purdue dean, will serve as interim head of the institute.
  • The Center for AI Standards and Innovation works with Anthropic, DeepMind, OpenAI, Microsoft and xAI on AI risk testing.
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  • Google aims to deploy the "Frozen v2" chip by 2028 to hard‑wire Gemini model elements.
  • The new chip could be 6‑10 times more power‑efficient than Google's current AI chips.
  • Alphabet shares rose 3.3% in early trading following the announcement.
  • The chip will complement, not replace, existing Tensor Processing Units (TPUs).
+
  • Moonshot AI's Kimi K3, a low‑cost Chinese generative model, targets enterprise AI workloads
  • Analysts see the model creating a long‑term tailwind for semiconductor demand
  • Nvidia (NVDA) and Micron (MU) are positioned to benefit from higher AI‑related chip sales
  • Affordable Chinese AI solutions could broaden the market beyond the US‑dominated ecosystem
  • Five autonomous drones deployed 500‑1,000 gallons of foam in a CAL FIRE field test on July 15
  • Drones target small fires for rapid response but carry far less payload than traditional airtankers
  • Seneca plans commercial rollout of the drones in 2026, backed by an $11 million XPRIZE competition
  • U.S. wildfire season is becoming nearly year‑round as climate change intensifies fire risk
  • MCP update slated for next week will replace current session‑ID handling with a stateless approach
  • Stateless design removes the need for servers to track session IDs across load‑balanced farms
  • Arcade, which raised $60 million in June, says the change tackles a major scaling bottleneck for AI agents
  • Simpler protocol could lower operating costs and spur wider enterprise adoption of MCP integrations
  • Space Force raised the ceiling of its NSSL Phase 3 contract to $17 billion.
  • The service aims to spend up to $30 billion on rocket launches under the expanded program.
  • Contract includes two launch lanes: risk‑tolerant medium‑lift missions and high‑priority strategic satellites.
  • Pentagon signals rising demand for military satellite launches, driving the expansion.
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  • Semiconductor stocks have fallen sharply since June 22, with Micron down ~30%, Broadcom down ~5%, and AMD down ~10%
  • Micron's revenue rose to $41.46 bn and Broadcom's AI revenue jumped 143% YoY to $10.8 bn
  • UBS projects AI semiconductor revenue to exceed $16 bn in Q3, implying >200% YoY growth
  • UBS's HOLT framework flags these stocks as having improving cash‑flow returns and upside potential
  • WAICO launched in Shanghai with 29 founding member countries, mainly from the Global South
  • China pledges 5,000 AI training opportunities for developing nations over the next five years
  • AI cooperation centers to be set up with ASEAN, African Union, Arab League, CELAC, SCO and BRICS
  • 30 countries invited to use China's AI-powered meteorological warning system, MAZU
  • Open‑source AI push highlighted as Moonshot AI releases Kimi K3 model alongside Xi's remarks
  • WordPress versions 6.9.0‑6.9.4 and 7.0.0‑7.0.1 remain vulnerable despite patches released last week
  • Cybersecurity firms report active exploitation of the flaws in the wild
  • Analyst estimates roughly 90 million WordPress sites could still be at risk, about 15% of the 400 million running the affected versions
  • 48% of companies hit by ransomware end up paying the ransom, according to Sophos 2025 research
  • Median ransom demand is increasing, reflecting more sophisticated attacks on vulnerable firms
  • UK government plans to ban ransomware payments for public sector bodies and critical infrastructure
  • Small and medium-sized businesses remain primary targets as hackers refine their tactics
  • Moonshot AI unveiled Kimi K3, a 2.8 trillion‑parameter large language model
  • Kimi K3 includes native vision capabilities and long‑horizon coding functions
  • Company says the model narrows the China‑US AI gap to a matter of weeks
  • Launch heightens competitive pressure on US AI firms in Silicon Valley
  • China continues its open‑source strategy to accelerate AI development
  • Hack exploited a dataset upload vulnerability, letting attackers run malicious code on Hugging Face servers
  • Attackers accessed internal service credentials; the company has revoked and rotated the compromised keys
  • Hugging Face used its own LLM for forensic analysis after a frontier AI model's guardrails blocked investigation
  • Breach attributed to an external AI agent performing thousands of actions across short-lived sandboxes
  • No confirmed customer data loss yet; law enforcement and forensic specialists have been engaged
  • AI coding applications are rapidly advancing, leveraging large language models and agents.
  • Recent developments in AI-assisted development emphasize the software managing AI models, not just the models themselves.
  • The article highlights the concept of a 'context-rich AI coding harness' for improved development.
  • It references an interview with Anthropic's Claude Code product lead, Cat Wu, on their approach to building such software.
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  • Former TSMC deputy manager indicted for stealing national core technology documents
  • Prosecutors say the stolen data could boost China's semiconductor ambitions
  • TSMC recovered the copied technical documents after the breach was discovered
  • First indictment under Taiwan's National Security Act targeting chip‑related espionage
  • Government will establish a new senior role to steer domestic technology standards.
  • The position targets growth in artificial intelligence and semiconductor sectors.
  • Aim is to give Japanese firms a foothold in setting international tech standards.
  • Plan announced by Prime Minister Sanae Takaichi during a growth strategy council meeting.
  • 80-year-old patient May Tong receives physiotherapy from Dexie, a humanoid robot, at Outram Community Hospital.
  • Dexie conducts exercise routines and interactive games to keep seniors engaged during therapy.
  • The rollout reflects Singapore’s broader push to develop care‑tech solutions as its population ages rapidly.
  • William R. Timmons IV commits up to $100,000 to SpaceX
  • Investment size is modest relative to SpaceX's multi‑billion‑dollar valuation
  • No immediate impact on public markets or listed securities expected
  • Industry insiders at WAIC say insufficient data limits AI-driven robotics performance
  • Need to link hardware, data, models, and real-world scenarios into a closed-loop iterative system
  • SenseTime co‑founder Wang Xiaogang identified this integration challenge as the sector's top issue
  • Project Indigo now offers AI-driven photo critique with feedback on framing, lighting, and composition
  • New AI tools enable object removal, depth‑of‑field simulation, and style‑transfer with selectable toggles for background elements
  • Features are powered by Google's Gemini‑based Nano Banana model, with Adobe Firefly as an alternative
  • The AI functions are accessed via an 'AI playground' tab and are currently limited to select users
  • Policy update effective July 16 adds three categories of inauthentic content that cannot be monetized
  • Prohibited categories: generic/repetitive/template videos, off‑putting/distressing content, and AI personas on sensitive topics
  • Channels with excessive amounts of any prohibited content will be removed from the YouTube Partner Program
  • Goal is to curb AI‑driven content farms while still supporting high‑quality AI‑enhanced videos
  • Flock Safety raised $275 million last year, valuing the firm at $7.5 billion, up from $4.8 billion a year earlier
  • The company has secured $950 million in total funding since its 2017 launch
  • Recent setbacks include Amazon’s Ring ending its partnership and the LAPD not renewing its contract
  • Langley will address AI's role in surveillance and privacy concerns at the Oct 13‑15 TechCrunch Disrupt event in San Francisco
  • Chinese startup Moonshot AI temporarily stops new Kimi K3 subscriptions due to high demand
  • User influx pushed the model's computational capacity close to its limits
  • Moonshot AI says Kimi K3's performance rivals latest OpenAI and Anthropic models

Companies 54

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  • Judge Araceli Martínez‑Olguín ordered a 14‑day halt to the $110 bn Paramount‑Skydance acquisition of Warner Bros. Discovery.
  • The pause follows a lawsuit by 12 state attorneys general alleging antitrust harms to theaters, cable distributors and audiences.
  • The coalition may seek an additional extension, potentially pushing the deal past the September closing target.
  • The merger would combine Paramount’s CBS and MTV with WBD’s CNN, HBO and streaming services Paramount+ and HBO Max.
  • Legal challenges could hinder Paramount’s strategy to become a major competitor to Netflix and other streaming platforms.
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  • Alibaba's AliExpress received a €550 million (US$629 million) fine from the EU for non-compliance with the Digital Services Act (DSA).
  • The fine is for failing to adequately assess and mitigate risks of illegal, unsafe, and counterfeit product sales on its platform.
  • AliExpress's recommender and advertising systems, ineffective penalty policy, and understaffed brand authorization system were cited as issues.
  • The penalty is significantly higher than previous DSA fines for X (€120 million) and Temu (€200 million).
  • AliExpress plans to appeal the fine, stating it ignores their risk management framework and proactive enhancements.
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  • Meta faces a Tennessee trial starting Monday over claims Instagram's design causes youth mental health issues and violates consumer protection law.
  • Tennessee seeks financial penalties and court-ordered modifications to Instagram features like autoplay, Reels, and notifications.
  • Meta asserts it has built-in teen safety controls and is shielded by federal law (Section 230) regarding third-party content.
  • This trial overlaps with at least two other trials against Meta in California, part of thousands of lawsuits from states and individuals.
  • A similar lawsuit in New Mexico resulted in a $375 million award against Meta for misleading consumers about platform safety.
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  • PayPal board rejects $53 bln bid from Stripe-Advent, citing $60.50/share as minimum threshold
  • Apple Pay now holds 10 ppt more U.S. market share than PayPal, per PYMNTS Intelligence
  • PayPal’s market cap peaked at $360 bln in 2021, down ~85% from highs amid slowing growth and competition
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  • First-half 2024 aircraft deliveries align with Airbus' annual production goal
  • CEO reaffirmed confidence in meeting the full-year delivery target
  • Guidance unchanged despite ongoing supply-chain and staffing challenges
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  • Raised about $225 million in cash by selling ~2.7 million MSTR shares for $263.5 million
  • Cash reserves now total $3.225 billion while bitcoin holdings stay at 843,775 BTC (~$55 billion)
  • MSTR stock up 1.2% to $96 in pre‑market trading; bitcoin price around $64,700
  • Earlier this month the firm sold $216 million of bitcoin, its first major BTC divestiture
  • Anthropic will pay $1.5 billion to resolve the copyright lawsuit.
  • The settlement received approval from a U.S. federal judge.
  • The case centered on alleged infringement of copyrighted material by AI-generated content.
  • No immediate effect on Anthropic's operations or public markets was reported.
  • Conversion process finalized, enabling the merger
  • Merger with Northfield now complete
  • Combined entity expected to enhance market position
  • No immediate financial impact disclosed
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  • Boeing announced new aircraft orders at the opening of the Farnborough show
  • Airbus reported fresh orders for its commercial jet family
  • Air defence systems and contracts were highlighted as a key theme
  • Cadillac Mines, led by Pierre Lassonde, plans to raise up to $363 million (US$258 million) in its IPO.
  • The offering will include participation from Agnico Eagle and other investors.
  • Funds are intended to support the company's growth and development projects.
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  • Anglo American (LSE: AAL) named a consortium headed by ex-De Beers chief Gareth Penny as preferred bidder for its diamond business.
  • The bid is being reviewed by the Botswana government, which oversees the diamond assets.
  • If approved, the transaction could consolidate diamond production under new ownership and reshape the market.
  • Samsung and Barclays introduce the Samsung Galaxy Card, a Visa‑network co‑branded credit card for US consumers.
  • The card offers 5% cash back on Samsung purchases and additional rewards for Samsung Pay and other categories.
  • About 70% of US households own a Samsung device, providing a large potential user base for the new card.
  • Barclays recently acquired General Motors' credit card business in 2024, expanding its US card footprint.
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  • Shares rallied nearly 20% following the launch of the Thunder autonomous VTOL defense craft.
  • Archer aims to certify its air‑taxi fleet in time for the 2028 Los Angeles Olympics.
  • CEO Adam Goldstein highlighted defense applications as a "huge market" amid rising geopolitical tensions.
  • X launched a completely rebuilt Android app, built from scratch after nearly a year of work
  • The new version promises faster loading, smoother scrolling, and more reliable notifications
  • X targets increased Android adoption globally, with further features like Spaces and video editor still pending
  • Natural secured $30 million Series A, bringing total funding to $40 million
  • The startup aims to let autonomous AI agents make payments, collect funds, and transact with humans and other agents
  • Natural will compete with Stripe and others, supporting both stablecoins and traditional bank payments
  • CEO predicts AI-driven payment volume could be 2‑4 orders of magnitude higher than current levels
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  • Goldman’s Ten Buys list includes Kodiak Gas Services (KODK) and Williams Cos (WMB) for data‑center power exposure
  • KODK targets 15% EBITDA CAGR through 2030 and a $89 price target implying >36% upside; dividend yield 3%
  • WMB price target $82 suggests ~12% upside; dividend yield 2.8% and new behind‑the‑meter projects
  • Both stocks offer yields well above the S&P 500’s 1.04% dividend yield benchmark
  • Other dividend payers on the list: Expro (1.9% yield), Marathon Petroleum (1.3%), ConocoPhillips (2.8%)
  • BlackRock's infrastructure and private‑credit arms are leading a $12 billion financing package.
  • The funding will support Meta's construction of new data centers in Texas.
  • The deal ranks among the largest private‑credit financings for a single tech project in 2024.
  • BlackRock will act as lead arranger, with other investors expected to join the syndicate.
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  • AMC options traded over 300,000 contracts, about five times the 30‑day average
  • Calls bought ~100,000 versus 62,000 sold; puts bought under 10,000
  • Earnings beat forecasts with double‑digit revenue growth; shares up ~150% in four months, still 99% below 2021 peak
  • More than $6 million of options premium exchanged, $5.5 million in call contracts
  • Most active strikes: 2.0 and 2.5 (expiring Aug 21) at $0.39 and $0.20; 3.0 strike most volume, requiring 34% rally to break even
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  • Tesla Q2 earnings due Wednesday; analysts expect a beat to be treated as baseline, implying downside risk
  • Rivian's R2 targets the $45,000‑$60,000 SUV segment, increasing margin pressure on Tesla's Model 3/Y core models
  • TSLA implied volatility for the $380 July 24 straddle is about 7%, below the historical ~9% post‑earnings move
  • Suggested short‑term bear put spread: buy Aug 21 $360 put for $15, sell $330 put for $6, max loss $900, max gain $2,100
+
  • Bernstein lifts Robinhood (HOOD) price target, reflecting optimism on its blockchain initiatives.
  • Robinhood plans tokenized equities and a Robinhood Chain built on Arbitrum to diversify crypto exposure.
  • Analysts say tokenization and prediction markets could lower reliance on traditional crypto trading.
  • Production of electric drone motors to start in early 2027 at Valeo's French plant
  • Motors designed without heavy rare earths to mitigate supply‑chain vulnerabilities
  • Collaboration targets civil and defense drone markets, bolstering national sovereignty
  • European Commission levies over $625 million penalty, the largest ever under the Digital Services Act
  • AliExpress cited for failing to assess and mitigate risks of illegal, unsafe, or counterfeit goods
  • Regulators say the platform lacked dedicated teams to remove prohibited items and allowed evasion
  • Fine reflects stricter enforcement of EU digital market rules on e‑commerce platforms
+
  • Iren stock up 16% following the announcement
  • AI cloud revenue target raised to over $4 billion for year‑end
  • New contracts with AI developers total $2.8 billion
  • Infinity secured $15 million in funding, valuing the company at $100 million.
  • Investors include Touring Capital, Principal VC, and researchers from OpenAI and Anthropic.
  • The startup builds a CUDA‑alternative inference library to run AI models on any chip architecture.
  • Infinity's AI agent Ignition auto‑generates and optimizes kernel code, taking a cut of performance gains.
  • Customers include AI chip maker D‑Matrix; the firm now has 26 employees.
  • Hackers exfiltrated a "significant volume" of customer, employee and partner data from Craneware's systems.
  • Craneware's software serves thousands of US hospitals and pharmacies, following recent breaches at TriZetto (3.4 million records) and CareCloud.
  • The incident adds to a series of health‑tech data breaches this year, including a 192 million‑record breach at Change Healthcare.
+
  • ASML will grant a €20,000 bonus to eligible staff who remain with the firm from 2027 to 2030
  • The bonus is a conditional stock grant starting Jan 1, 2027, with terms still being finalised
  • ASML posted net income of €2.92 billion and its lithography tools are nearly sold out through 2027
  • The company employs 44,500 people worldwide, over half in the Netherlands and about 8,500 in the U.S.
  • Truelink will acquire Lyons Magnus in a deal valued at roughly $1 billion
  • Lyons Magnus produces fruit‑based ingredients and coffee‑flavored syrups for beverages
  • The transaction expands Truelink's presence in the specialty food and beverage sector
  • Deal financing includes a mix of equity and debt, details not disclosed
+
  • Bitmine added only 7,430 ETH (~$14 million) last week, its smallest weekly purchase since June 2025
  • Company repurchased ~5.5 million shares at an average $15.62, shifting capital to a $4 billion buyback program
  • Bitmine now holds about 5.78 million ETH (~4.8% of circulating supply) and projects $247 million annual staking revenue from 4.92 million staked ETH
  • Bitmine shares rose 2.4% in pre‑market trading after the announcement
  • CuspAI secured $450 million in Series B funding, valuing the startup at $2.6 billion.
  • Investors include the UK government's Sovereign AI Venture Fund, Bezos Expeditions, Kleiner Perkins and NEA.
  • The AI Materials Foundry coalition now has over 45 partner companies, including Nvidia and Meta.
  • CuspAI plans to expand operations across the US, Asia‑Pacific and Europe to accelerate material discovery for chips and clean energy.
  • New advisory board members feature AMD veteran Abhi Talwalkar and AI pioneers Yann LeCun and Geoffrey Hinton.
  • Bristol Myers Squibb acquires Nvidia's latest AI computing system, Vera Rubin, for drug research
  • The investment aims to accelerate drug discovery and development, potentially reducing trial times by 50%
  • The new system is expected to provide 10 times more compute capacity per watt spent, improving energy efficiency
  • Brookfield and CPP to buy LXP Industrial for $5.2B in all-cash deal
  • Portfolio includes modern warehouse and logistics facilities
  • Deal adds to Brookfield and CPP's holdings in industrial real estate
+
  • Andrew Forrest buys 17% stake in EQ Resources (ASX: EQR) for $133M
  • EQR shares surge on largest gain in history
  • Tungsten producer sees significant investment from billionaire
+
  • $9.8bn 15-year lease signed for 352MW IT capacity at Beacon Point campus
  • Total contracted AI capacity at Hut 8 reaches 949MW with $26.6bn base-term value
  • Shares surged 14% after announcement, up nearly 100% YTD
  • Passive investing accounts for 40% of global assets under management
  • Active managers struggle to outperform benchmarks in a passive-dominated market
  • Fund managers face increasing pressure to adapt to changing investor preferences
+
  • Segro rejects $18.2 billion Prologis bid
  • Board leaves door open for improved offers
  • No further comment from Segro
  • Hongqi's Guoli special edition priced at roughly $1.6 million.
  • Hongqi's ultra‑luxury sales have surpassed Rolls‑Royce in the Chinese market.
  • Patriotic consumption is boosting demand for domestic luxury cars.
  • Sumitomo Chemical aims to mass‑produce a halide‑based solid electrolyte starting fiscal 2028.
  • The new material is said to match performance of current mainstream solid‑state electrolytes.
  • Halide electrolyte expected to lower costs and be easier to handle than existing options.
  • Production timeline aligns with anticipated growth in electric‑vehicle demand.
  • Honda and GAC agree to a 10‑year extension of their partnership, now running through 2038.
  • The renewal comes as the current joint‑venture agreement is set to expire in 2028.
  • Extension aims to stabilize sales amid a period of sluggish demand in the Chinese market.
  • Company seeking new funding at $20‑$30 billion valuation, up from $10.2 billion last year
  • Started generating revenue; UAE invested $60 million in the firm
  • Spun‑out ventures include Breaking, Form Bio ($30 million raised), and Astromech valued at $2 billion
  • Future revenue streams may include biodiversity credits and an artificial womb tech expected in 2025
+
  • Cyclospora outbreak investigation prompts many Americans to skip lettuce and salads.
  • Shares of salad-focused restaurants Cava, Chipotle and Sweetgreen closed lower.
  • Investor sentiment turns negative for salad chains as demand concerns rise.
+
  • Barclays analyst initiates a bullish recommendation on Lumentum (LUMN) stock
  • Lumentum has underperformed the broader semiconductor sector in recent months
  • Upgrade follows a period of substantial relative weakness versus peers
  • Analysts cite potential upside as demand for chip components may rise
  • Exodus will cut roughly 25% of its workforce.
  • Layoffs are expected to generate $10 million to $13 million in savings.
  • Cuts support a shift toward a full‑stack card issuance and payments platform.
  • The company said the restructuring will not affect current product services.
+
  • Federal judge Linda Lopez denied AT&T's request for a preliminary injunction
  • California's Carrier of Last Resort rules remain enforceable, requiring AT&T to offer basic phone service to new customers
  • AT&T argued the rules were preempted by an FCC order, but the court found no merit
  • The litigation continues in the Southern District of California
+
  • JetBlue won 12 round‑trip slots at LaGuardia previously held by Spirit Airlines.
  • The slots still require final court and regulatory approvals.
  • JetBlue plans to relocate to Terminal A (Marine Air Terminal) but any expansion is slated for 2027.
  • The airline is shifting capacity to Fort Lauderdale while trimming staff at LaGuardia and Newark.
  • Sony will halt production of physical PlayStation discs starting in 2028
  • Study of 19 top‑selling games shows used discs are usually the cheapest option
  • PlayStation Store deep‑discount periods often undercut used‑disc prices, a trend likely to persist
+
  • London Gold offers a total consideration of $25 million (C$35 million) in cash and stock.
  • Target is Bocana Resources (TSXV: BOCA), which holds the Escala gold project in Bolivia.
  • The transaction is subject to shareholder and regulatory approvals.
  • Deal aims to expand London Gold's presence in the Americas mining sector.
  • 15 firm orders for Boeing 787-10s confirmed
  • Purchase rights secured for an additional five aircraft
  • Deal could total 20 jets, valued at roughly $3.4 billion
  • Deliveries are scheduled to begin in 2031
  • IJM exploring a potential IPO of its construction arm, which contributes over 40% of 2025 revenue
  • Listing could raise about 1.2 billion ringgit (~$293 million) and unlock up to 4 billion ringgit in equity value
  • Sunway's $2.7 billion takeover bid for IJM lapsed earlier this year after missing acceptance conditions
  • No decision made yet; IJM will engage advisors to evaluate options
+
  • Capital B, Europe's second-largest Bitcoin treasury firm, approves a 10-for-1 reverse stock split
  • Split aims to broaden investor base and attract more institutional capital
  • Scheduled for September implementation
  • Family‑run KED will relocate its entire manufacturing operation to China by year‑end
  • Move highlights ongoing EU‑China trade tensions and challenges for European manufacturers
  • No immediate impact on broader markets or stock indices expected
  • ChocoZAP operates 23 gyms in Hong Kong currently.
  • Plans to reach 100 Hong Kong locations by the end of 2024.
  • Aims for 150 overseas gyms by March 2027.
  • Expansion supports Rizap's broader regional growth strategy.
  • T2 secured about 5 billion yen ($30.7 million) from 11 investors.
  • Funds will support development of Level‑4 long‑haul autonomous trucks slated for commercial rollout by FY2027.
  • The startup aims to build a nationwide logistics network covering land and sea transport.
  • Revenue growth in China and South Korea shows signs of deceleration.
  • Western market expansion remains incomplete despite ARC Raiders launch in autumn 2025.
  • Investor sentiment turns negative, pushing Nexon shares lower.

Thai Markets 5

+
  • Rental lead‑to‑view ratio rose to 15.6% in H1 2026, up from 12.5% in H2 2025 and 8.73% in H1 2025
  • Rental leads increased 3.84% QoQ in Q2, while home‑sale enquiries rose 2.73% QoQ
  • Top rental locations (e.g., Chatuchak, Bang Kapi) differ from top purchase locations, indicating renters favor employment hubs
  • Government plans to enroll ~6 million people excluded from 2026 welfare card into "Thais Help Thais Plus" co‑payment scheme
  • Eligibility rules will be relaxed; 40% of 2.9 million reconsideration requests relate to vehicle ownership
  • 2.3 million newly identified citizens, including 800,000 awaiting ID verification, will be assessed for assistance
  • Appeal deadline to be extended to Sept 20; one‑stop service centres to aid remote applicants
+
  • Baht projected to trade between 34.00 and 34.40 per USD this week
  • Last week baht hit a 14.5‑month low of 33.64 per USD
  • Key resistance levels identified at 33.75‑33.80 and 34.00
  • Stronger USD and rising oil prices cited as primary drivers
  • BoT monitoring situation; potential inflation impact noted
+
  • Association asks government to connect wholesalers with restaurants to lower raw material prices
  • 40‑baht Khao Kaeng subsidy scheme is on hold; review may expand to noodles and Hainanese chicken rice
  • Co‑payment scheme lifted small vendor sales about 20% but will end in September, risking a drop
  • Restaurants seek low‑interest loans and incentives to sustain cash flow before year‑end high season

Other 28

  • Thousands gathered and tried to breach the parliament building in New Delhi
  • The 'Cockroach Janta Party' began as an online satire before evolving into a mass protest
  • Al Jazeera reports the demonstrations are challenging Prime Minister Narendra Modi's government
  • FDA confirmed a false‑positive result for a single Taylor Farms lettuce shipment but kept its conclusion that shredded iceberg lettuce from central Mexico is the outbreak source
  • More than 1,600 cyclosporiasis cases reported across over 30 states; Taco Bell foot traffic fell roughly 19% on a recent Friday
  • Taylor Farms continues voluntary recall; Walmart removed four salad‑kit products from stores in 27 states as a precaution
  • Analysts warn the outbreak could cause a one‑ to two‑quarter sales hit for salad‑focused restaurant chains
  • Spain defeated Argentina 1-0 after extra time to claim the title
  • Ferran Torres scored the decisive goal in the 119th minute
  • Lionel Messi left the field in tears after receiving the runner-up medal
  • DOJ Civil Rights Division launched a compliance review of Harvard’s financial aid programs.
  • Review targets Harvard’s China‑based aid initiatives and potential exclusion of U.S. citizens.
  • Investigation follows previous Trump‑administration challenges to Harvard’s admissions policies.
  • No immediate impact on Harvard operations or markets reported.
  • One suspect arrested after igniting fireworks and brandishing two airsoft rifles outside 26 Federal Plaza
  • Three people injured (two treated on scene, one under observation)
  • FBI and NYPD investigating the incident as a possible terrorism act
  • Traditional break-even models compare benefits at age 70 versus earlier claims.
  • New arguments factor health, life expectancy, and inflation impacts.
  • Early claiming can alter retirement income but is not universally optimal.
  • At least 20 people killed and over 80 injured in flash floods in Nuristan province, Afghanistan
  • Floods destroyed houses, shops and municipal infrastructure in the provincial capital Parun
  • Monsoon-related deaths across South Asia total 25 in India and 27 in Nepal since June
  • Search and rescue efforts continue, with many missing including local officials
  • Authorities warn rising floods worsen Afghanistan's humanitarian crisis
  • El Mayo sentenced to life imprisonment after plea deal
  • Sentencing took place in Brooklyn federal court
  • Zambada admitted to shipping millions of kilograms of cocaine over decades
  • Defense Secretary Pete Hegseth announced testing of service members' testosterone and provision of TRT for those who qualify
  • US testosterone prescriptions rose from 7.3 million in 2019 to over 11 million in 2024, per IQVIA
  • American Urological Association estimates up to one‑third of men on TRT lack a formal diagnosis of deficiency
  • Medical experts stress TRT should be limited to clinically confirmed hypogonadism and require more than a single blood test
  • Event scheduled for Sep 10 at Ideal Glass Studios, tickets $180
  • NYC startups raised $1.13 bn in seed funding H1 2026, up from $1.06 bn in H1 2025
  • Average seed round grew to $6.64 m from $5.4 m a year earlier
  • Total startup funding in NYC reached $16 bn in H1 2026, near 2025 full-year total
  • Xu Yifang, a Chinese student, was admitted to Tsinghua University without attending after-school tutoring classes.
  • Her parents provided a relaxed home environment, sparking debate on the role of tutoring in Chinese education.
  • Xu achieved an extremely high score on the national university entrance exam.
  • 13 people arrested for selling counterfeit World Cup merchandise
  • HK$159 million (US$20.3 million) worth of fake items seized
  • 240,000 suspected counterfeit items confiscated
  • Spain defeated Argentina 1-0 to claim the 2026 World Cup title
  • US President Donald Trump remained on stage during the trophy ceremony, sparking criticism
  • US visa restrictions and travel bans affected Iranian, Somali and other teams
  • Ticket prices ranged from hundreds to hundreds of thousands of dollars, limiting access for many fans
  • UNODC and Thailand Institute of Justice held a commemorative event to honor Princess Bajrakitiyabha’s justice work
  • She helped develop the Bangkok Rules, setting new international standards for the treatment of women prisoners
  • Her advocacy promoted women’s rights, violence prevention, and prison reform, positioning Thailand as a model
  • Officials noted her ideas were 10‑15 years ahead of their time
  • Complaint filed on March 31, 2026 by Bucks County Sheriff's Office against Deputy Ryan Gaffney
  • Alleged incident occurred on Jan. 30, 2026 involving a naked detainee in a mental health crisis
  • Gaffney reportedly used his iPhone to take photos and shared them with several female civilian employees
  • Abderrahim Fakir, a Moroccan-born man, died while in police custody in Bologna.
  • Video released shows him struggling to breathe during detention.
  • Protests erupted demanding answers and accountability for the death.
  • NOCT mandates at least 12 gold medals at 2026 Asian Games, matching 2022 tally
  • Sports Authority's earlier projection of 21 golds cut to 12
  • Thailand will send 983 members, including 694 athletes, to compete in 43 sports
  • Gold medal prospects span 11 sports, e.g., sepak takraw (4), teqball (3), sailing (2)
  • $8 million sits in traditional IRAs, which are tax‑deferred until withdrawal.
  • Withdrawing for a house would incur ordinary income tax on the full amount, reducing net proceeds.
  • The tax hit may outweigh mortgage interest savings, especially at current interest rates.
  • Alternative financing (e.g., mortgage) preserves IRA growth potential and defers taxes.
  • Social media influencers Andrew and Tristan Tate face UK extradition over rape and sex trafficking allegations.
  • The brothers appeared in US federal court for the first time since their Saturday arrest.
  • Their lawyer alleges the arrest was politically motivated; a US judge will rule on extradition conditions in the coming weeks.
  • In Taiz, a husband‑wife team runs Abu Sultan fast‑food outlet, serving ~30 customers daily.
  • The restaurant is only two months old but already sees repeat business and student food deliveries.
  • Women‑led small enterprises are emerging in Yemen as the broader economy struggles and male employment declines.
  • 28-year-old Joshua Kerry charged with murder of 78-year-old Ann Widdecombe
  • Widdecombe found dead at her rural southwest England home on July 9
  • Former minister was a prominent Reform UK member and stepped down in 2010
  • Democrats blame Trump for corruption, but the piece argues their own policies also foster it.
  • The author contends that larger government creates more opportunities for selling favors.
  • Political criticism is framed as a warning about the inherent risks of expanded state power.
  • 2026 F1 battery provides power for only a few seconds each lap at Spa
  • Cars have less rear‑wheel power than F2 cars for most of the lap
  • Spa circuit length is 8.7 miles (14.1 km) with historic lap speeds up to 150 mph
  • Explosion occurred at 3:30 pm on Highway 331 at PTT NGV station in Si Racha district.
  • One technician, 40‑year‑old Santi Duangsri, died; another escaped the incident.
  • PTT shut down the station's systems and temporarily closed the facility pending investigation.
  • Trailer unveiled as San Diego Comic-Con kicks off this week
  • Film is the penultimate entry in MCU Phase Six, concluding the "Multiverse Saga"
  • Original storyline centered on Kang the Conqueror was scrapped after actor's conviction
  • Russo brothers return to direct, having previously delivered four MCU films that earned over $6 billion globally
  • 13-year-old boy died in Ciudad Rodrigo, western Spain.
  • Several people were injured when a fountain collapsed during celebrations of Spain's World Cup victory.
  • Municipality expressed condolences and called the incident a tragedy.
  • Court found prosecutors failed to prove fatal head injuries were caused by assault
  • Evidence deemed insufficient to infer circumstances of the alleged offence
  • All charges against the 14 defendants were dismissed by the High Court
  • YCIS Hong Kong's 2026 cohort achieved strong International Baccalaureate Diploma Programme (IBDP) results.
  • Two students attained a perfect score of 45 points.
  • An additional two students scored 44 points, and four students achieved 43 points.
  • 24 students, out of a total of 123, scored 40 points or above.