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Risk-off, driven by escalating Middle East tensions and escalating global trade tensions

  1. Global Markets Reel from Perfect Storm of $100 Oil, Mideast Tensions, and AI Worries
  2. Iran's conflict spreads to Red Sea and Caspian Sea as US refrains from strikes
  3. Investor receives full allocation in SpaceX IPO, a rare outcome
  4. Troy Jackson Secures Maine Democratic Senate Nomination, Replacing Graham Platner · 3 sources
  5. Kuwait signs $16 bn lease‑back deal for oil pipeline network with Blackstone, Brookfield, KKR · 2 sources

Markets 11

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  • Brent oil rose above $100 per barrel for the first time since May 25
  • Thai equities staged a slight pullback, with the SET index up 0.3% for the week
  • US tariffs on 60 trading partners, including Thailand, took effect
  • Nvidia took a 9.3% stake in Dutch AI cloud services provider Nebius
  • Tesla reported a decline in quarterly profit as EV unit sales rose but margins shrank
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  • S&P 500 fell 0.6% and Nasdaq dropped 2.1% for the week
  • WTI crude rose over 8% and Brent surged about 10%, pushing Brent above $100 per barrel
  • Fed rate‑hike odds rose to roughly 35% after oil‑driven inflation concerns
  • Alphabet projected $195‑$205 bn capex, shares down 7%; Intel revenue grew 59% in data‑center sales but stock fell ~8%
  • Eli Lilly’s obesity drug retatrutide data lifted its stock 2%
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  • Amazon tops the list with earnings estimate revisions up >400% in 90 days and a $320 price target, implying 38% upside
  • Vertiv's EPS estimates rose 393% in three months; Baird set a $370 target, suggesting 27% upside
  • Apple, Microsoft, Meta and other Magnificent Seven firms join over 150 S&P 500 companies reporting earnings next week
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  • Yen neared ¥164 per $1, its weakest level in decades
  • Brent crude topped $100 per barrel as Middle East tensions escalated
  • Asian equity markets fell broadly while U.S. Treasury yields rose
  • FX and commodity moves signal mixed market sentiment
  • BofA lifted price targets for multiple cybersecurity companies
  • Revisions are based on expectations of sustained long‑term revenue growth in the sector
  • Analysts view the move as a bullish signal for cybersecurity equities
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  • Goldman Sachs raises its 12‑month target for Japan's TOPIX to 4,500.
  • The upgrade is driven by expectations of a weaker yen boosting export‑oriented stocks.
  • Analysts forecast further yen depreciation against the dollar over the next year.
  • Two of the largest emerging-market ETFs now rank South Korean equities among their top holdings due to AI exposure
  • Index fund investors are unintentionally gaining exposure to AI-driven Korean companies
  • The shift could boost South Korean equity performance and increase volatility in emerging-market fund flows
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  • BCA recommends exiting South Korea stocks over the next three months
  • Allocate to Chinese equities as the reversion target
  • Trade seeks to capture expected outperformance of China versus Korea
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  • SEC charged an unknown investor for filing false disclosures covering more than 100 bn baht in six listed firms
  • Four director Form 59 reports and seven substantial‑shareholder Form 246‑2 reports were submitted between June 27 and July 2
  • The filings claimed a 7 % stake in True Corp, but regulators found no actual ownership or trading activity
  • The case raises concerns about vulnerabilities in Thailand's self‑reporting disclosure system and prompts reform calls
  • Shares worth $80,000 were sold on June 30, triggering settlement in a money‑market fund
  • The investor did not receive the dividend they expected from the sale
  • Dividend entitlement depends on the record date, which may have been missed due to the sale timing
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  • Alibaba remains a top pick with price target $180 (down from $190) despite 17% gain this month
  • Grab target raised to $6.25 from $5.90; expects Q2 revenue +22% and adj. EBITDA $166 m, shares down 12% this month
  • Cadence Design Systems kept overweight with PT $370; stock down 13% in July, AI-driven margin recovery anticipated
  • Natera price target lifted to $310 from $250, implying ~15x 2026 sales multiple
  • Apple fundamentals deemed strong but earnings outlook neutral due to near‑all‑time high valuation

Macro/Economy 28

  • Tariffs under Section 301 cover 99.4% of US trade, affecting goods from more than 80 nations
  • Two small businesses sued within hours, arguing the tariffs replicate the invalidated IEEPA regime
  • Experts say the forced‑labor justification is a pretext and the tariffs are likely unlawful
  • Tariffs include 25% duties on Brazil, up to 50% on certain Canadian goods, and a new EU investigation
  • Washington imposes tariffs of 10% to 12.5% on imports from 60 countries
  • Tariffs cover a broad range of goods, raising costs for Asian exporters
  • Asian governments and analysts expressed disappointment and skepticism
  • The move adds uncertainty to global trade and could dampen regional growth
  • Tariffs are tied to US labor standards rather than each nation's legal framework
  • 18.82 million applied for the state welfare card in 2024, but only 9.51 million were approved
  • Vehicle ownership caused 41% of rejections, with loans over 100,000 baht also a key disqualifier
  • Annual programme spending exceeds 50 billion baht despite beneficiary numbers falling from ~13 million to 9.5 million
  • Experts argue asset‑based criteria miss real poverty among informal workers and remote elderly
  • A recent death of an elderly applicant after a failed appeal has intensified public scrutiny
  • Government aims to reduce public sector staff from 3 million to 2 million via early retirement scheme.
  • Public consultation runs July 22‑Aug 5, with over 10,000 participants and 8,000 comments in first three days.
  • Vacant positions will be eliminated; salary and benefits for remaining staff expected to rise.
  • Cabinet to consider measures freezing total civil servant, military and police numbers in mid‑August.
  • Personnel costs, health benefits and pensions now exceed 70% of Thailand's recurring expenditure.
  • Death toll exceeds 5,000 with 17,000 injured; UN estimates up to 51,000 missing
  • World Bank estimates physical damage at $19.6bn; total reconstruction could reach $50bn
  • International aid pledged: US $300m, IMF $346m, EU $36.5m, UN CERF $17m, Germany $9m
  • Funding gap remains: $931m needed for 2026, only 39% secured, shortfall ~ $566m
  • Labor supply projected to fall 1% this year; 1.3 million people require assistance over six months
  • 113 countries, representing 6.1 bn people, spend more on debt service than on education.
  • In low‑income nations, debt payments are almost 4× education outlays; in 18 heavily indebted states, debt exceeds education spending by at least 5×.
  • Developing countries transferred $741 bn to creditors (2022‑24) while receiving less new financing, the largest net outflow in 50 years.
  • Low‑ and middle‑income nations paid a record $415 bn in interest in 2024 alone.
  • UNESCO warns education aid could fall up to 30 % between 2023 and 2027, tightening funding further.
  • A PJM power line outage caused about 3.1 GW of data center load to drop, creating a 3.49 GW supply surplus.
  • The grid imbalance persisted for more than 10 minutes, causing regional lights to flicker.
  • Data centers now account for roughly 3 % of PJM demand, projected to rise to 24 % by 2040.
  • The incident was twice the size of a similar 2024 event that shed 1.5 GW of load.
  • ON.Energy is installing 3 GW of UPS systems across four campuses to enable data centers to ride through disruptions.
  • Buffett says estate tax is needed to prevent concentration of wealth, despite his own avoidance
  • He argues dynastic fortunes hinder efficient resource allocation and increase inequality
  • Current U.S. estate tax exemption stands at $15 million per individual
  • Berkshire Hathaway completed a $6.8 billion acquisition of homebuilder Taylor Morrison
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  • UPS announced a $48 million investment in temperature-controlled facilities to serve growing GLP-1 shipments.
  • FedEx reported healthcare transportation revenue of nearly $10 billion for fiscal year 2026.
  • Demand for temperature-sensitive biologics is projected to grow 8.3% CAGR, reaching about $39.1 billion by 2033.
  • A Gallup poll shows GLP-1 usage in the U.S. expected to rise to 11% of adults by 2026, up from 3% in 2024.
  • C.H. Robinson surpassed $1 billion in healthcare logistics revenue over the past year, driven by GLP-1 growth.
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  • Tariffs on imports from over 80 countries took effect on July 24, ranging from 10% to 12.5%, adding an estimated $1,100 per household (Yale)
  • National average gasoline price climbed to $4.10 per gallon, up from $3.16 a year earlier (AAA)
  • 53% of Americans say financial stress has increased; 50% expect the economy to worsen over the next year (CNBC/SurveyMonkey)
  • Amex Blue Cash Everyday card offers 3% cash back on groceries and gas up to $6,000 per year, plus up to $200 sign‑up bonus
  • Citi Double Cash card provides flat 2% cash back and 0% intro APR on balance transfers for 18 months
  • Record-breaking temperatures this year highlight growing heatwave intensity
  • Overheated roads and rails suffer melting and buckling, leading to costly repairs
  • Vulnerable populations lacking air conditioning face higher mortality risk
  • Intensified forest fires add to economic and human toll
  • Five years after graduating, a 26‑year‑old Shenzhen vocational alum reports stagnant wages and seeks AI work.
  • Vocational schools in Shenzhen are adding AI curricula in response to growing student demand.
  • Students cite AI as a pathway to better earnings amid broader job insecurity in manufacturing.
  • World Bank estimates reconstruction cost at $216 billion.
  • Ahmed al‑Sharaa's administration created a supreme constitutional council on July 8.
  • Post‑December 2024 regime change could unlock international aid and investment.
  • Rebuilding plans may open an alternative trade route via the Strait of Hormuz.
  • Study by Gao Xufeng and Wu Ke identifies four key challenges to China's 2026‑2030 defence industry modernization.
  • Execution gap arises from difficulty translating national strategic goals into effective enterprise‑level actions.
  • Analysts warn delays could hinder meeting the 2026‑2030 targets for aerospace and defence capabilities.
  • Findings were published in May in the journal Defence Industry Conversion in China.
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  • Washington exempts 2,120 Thai export items, covering over 50% of Thailand's US export value, from the 12.5% tariff
  • The 12.5% duty replaces a 10% tariff that expired, while 38 countries remain subject to the higher rate on non‑exempt goods
  • Thai officials say the higher tariffs will have limited impact on the economy, though some sectors may face higher costs
  • Negotiations continue to seek a lower 10% tariff and address forced‑labour concerns
  • Special adviser Luhut Pandjaitan urges development of Bali into a global financial centre
  • Project framed as vital for Indonesia's economic competitiveness and survival
  • Plan seeks to leverage Bali's brand and appeal to attract foreign finance and investment
  • No concrete timeline or policy details have been disclosed yet
  • Thailand-Cambodia border shut in June 2025 amid escalating political tensions and clashes
  • Bilateral trade between the two nations has sharply declined, hurting Cambodia's economic activity
  • Border workers like Nget Nhean lost jobs, highlighting broader employment impacts in Poipet
  • Japan's Oceanic Research Institute successfully extracted rare‑earth elements from a drill site near Minamitori‑shima.
  • The recovered minerals are essential for semiconductors, electric vehicles and defense hardware.
  • The test is positioned as a step toward diversifying supply chains away from China‑dominated sources.
  • World Bank will cap new loans to China at less than $2 billion through 2031
  • All new lending to China will be phased out, with the final cutoff in 2031
  • Move reflects China's shift from aid recipient to development financier
  • Senior Labor officials are moving to pre‑empt pressure to increase taxes on Australian LNG exporters
  • The tax hike debate is unfolding at the party's triennial national conference in Adelaide
  • Prime Minister Anthony Albanese confronts internal party demands for higher LNG export levies
  • No specific tax rate or implementation timeline has been disclosed yet
  • Japan's lower house passed the "second capital" proposal on Friday.
  • The plan aims to create an alternative administrative hub to maintain continuity if a disaster hits Tokyo.
  • The initiative seeks to lessen the concentration of political and economic activity in the Tokyo region.
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  • President Lee Jae Myung and Samsung Electronics and SK Hynix chairmen will travel to San Francisco on July 24 for AI and tech meetings
  • South Korean chip makers report record profits, yet employment growth remains flat
  • Administration proposes a permanent fund to distribute AI-driven gains across the economy
  • Rising inflation and stronger cost pass‑through are boosting corporate capital expenditure in FY2026
  • Government targets over 370 trillion yen of total investment by FY2040
  • White paper calls for coordinated public‑private investment strategies to sustain growth
  • iDeCo accounts grew 15-fold to 4 million by end-March 2024
  • Government will permit financial institutions to recommend investment products to iDeCo participants
  • Policy aims to shift investors from low‑return safe assets toward inflation‑beating options
  • New Aspen Institute benchmark sets target net‑worth levels for ages 20, 30, 40 and beyond
  • Approximately 74‑75% of U.S. households fall below the benchmark for their age group
  • The study highlights a wealth gap that could hinder financial security for most working‑age adults
  • No policy actions were detailed, but findings underscore the need for increased savings and investment
  • Around 170 mainland Chinese drivers expected in Hong Kong on Saturday
  • Scheme now includes five new cities: Shenzhen, Foshan, Dongguan, Huizhou and Zhaoqing
  • Daily quota for urban trips doubled to 200 vehicles per day
  • Hotels rolling out accommodation, dining, shopping and parking packages for visitors
  • Total of nine mainland cities are now covered by the Southbound Travel for Guangdong Vehicles scheme
  • 32-year-old personal assistant earns about S$500 (US$390) monthly from TikTok livestream sales
  • Her primary salary is just under S$4,000 per month, prompting the need for extra income
  • She works three evenings a week on the side hustle, handling sales, customer queries, and packing
  • Side‑hustle earnings help cover insurance premiums and other living costs as AI reshapes jobs
  • Government will hire more than 200 additional immigration officers this fiscal year.
  • The staffing boost is classified as an emergency measure, unusual for the agency.
  • Goal is to crack down on visa overstayers and reinforce border controls.
  • No immediate fiscal impact or budget details were disclosed.

Central Banks 1

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  • BoJ will hold its key interest rate steady at 1% during the July 30‑31 policy meeting.
  • The decision follows the June rate hike and will monitor impacts amid Middle East tensions and high oil‑price inflation risks.
  • The central bank may consider an upward revision to fiscal 2026 economic growth forecasts.

Energy/Oil 4

  • Kuwait signs $16 bn lease‑and‑lease‑back deal for its 13‑pipeline, 320 km network
  • Consortium of Blackstone, Brookfield and KKR will hold 49% stake; KOC retains 51% and operational control
  • Deal to generate $7.85 bn in upfront proceeds, marking Kuwait's largest foreign direct investment
  • 20.5‑year joint venture includes a volume‑based tariff amid heightened regional tensions
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  • Iran‑U.S. tensions could keep the Strait of Hormuz disrupted, extending energy supply constraints
  • Global energy prices are rising, adding to inflationary pressures in Asian economies
  • TSMC plans to raise chip production prices by up to 10% starting in 2027 due to higher raw‑material costs
  • Asian companies urged to diversify energy sources and hedge with long‑term investments
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  • Brent crude forecast to fall to around $85 per barrel, yet U.S. gasoline prices are likely to stay above $3.80 per gallon.
  • Analysts say the Iran war is not driving fuel costs; Wall Street trading dynamics are the primary cause of persistent gasoline prices.
  • Even with a potential 5% decline in crude, gasoline price inflation is expected to continue through the next quarter.
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  • EU Commission recommends waiving penalties for oil and gas companies that breach methane emissions law for the next three years
  • The move follows pressure from the United States, Qatar, industry groups and many EU member states citing energy‑security concerns
  • Although non‑binding, the guidance is expected to be adopted by most EU countries, easing compliance costs for the sector

Gold/Metals 1

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  • Gold could gap down at open, targeting support at $3,890
  • A breach may lead to a retest of recent lows near $3,850
  • Spot price currently sits just above $3,900, limiting upside

Crypto 12

  • Global weather-related losses exceeded $2 trillion in the past decade
  • Current weather derivatives market has roughly $25 billion of notional value
  • Climate‑related loss events have tripled since the 1980s, with inflation‑adjusted losses up fivefold
  • Tokenized contracts could give farmers and small businesses hedging access previously limited to large institutions
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  • Daily NK reports the arrest of former North Korean state cyber operators
  • Suspects accused of hacking two state banks
  • Funds allegedly laundered through cryptocurrency channels
  • Arrests highlight ongoing cyber‑crime and sanctions‑evasion concerns
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  • Bitcoin trades around $64,000 with minimal movement in the last 24 hours
  • Net inflows into stablecoins fell sharply, suggesting reduced demand
  • Market sentiment remains cautious despite price stability
  • Robinhood is reportedly negotiating with Crypto.com to add prediction market services.
  • The potential offering would expand Robinhood's product suite beyond traditional trading.
  • U.S. prediction markets continue to face legal uncertainty between state and federal regulators.
  • Sberbank aims to roll out a crypto trading infrastructure and digital depository by Dec. 1, 2024.
  • Russia's new crypto regulations become effective on Sept. 1, with licensed‑intermediary requirements starting July 2027.
  • Public crypto trading will be restricted to assets with market caps above 5 trn RUB and daily volumes over 1 trn RUB for two years.
  • U.S. OCC rejected Wise's US charter application this week citing AML/CFT risks
  • Denial occurs despite OCC approving similar charters for digital‑asset firms in the prior year
  • Wise plans to refile the application under the GENIUS Act
  • Regulatory scrutiny highlights ongoing compliance challenges for crypto‑related firms
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  • 45% of surveyed U.S. crypto investors cite diversification as their primary motivation for holding digital assets.
  • Bitcoin’s correlation with the S&P 500 over the past decade is roughly 0.2, lower than bonds (0.02) but above zero.
  • During market stress, crypto‑equity correlations spike, diminishing the diversification advantage.
  • Experts stress that crypto’s diversification value is conditional on proper portfolio construction and risk management.
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  • Fidelity joins industry groups and crypto firms urging Senate approval of the CLARITY Act
  • The legislation aims to clarify and improve the regulatory framework for crypto markets
  • Senate consideration of the bill is pending, with potential impact on crypto trading
  • Dango will cease trading on its perp DEX on Aug. 13, ending operations after roughly four months.
  • The platform raised $3.6 million in a 2024 seed round but TVL fell from about $4.5 million to $1.6 million.
  • Open interest on Dango’s perp DEX dropped to under $391,000, compared with Hyperliquid’s $11 billion.
  • The closure adds to a recent wave of crypto platform shutdowns, underscoring pressure on mid-sized exchanges.
  • Real-world assets on Robinhood Chain grew to about $70 million, a fivefold increase in under two weeks
  • Total value locked tripled to roughly $312 million since mid-July
  • Twelve tokenized stocks now clear at least $500,000 daily, with five above $1 million; GameStop leads with $26.6 million daily volume
  • Tokenized equities account for about $55 million of the chain's $600 million daily DEX volume, still a minority to memecoins and stablecoins
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  • Ethereum ETFs posted a weekly loss after five straight days of net inflows
  • Bitcoin ETFs recorded a second consecutive day of net outflows
  • Both crypto ETFs still logged three weeks of overall net inflows
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  • The Bitcoin Policy Institute and three partners will embed staff with State Department officials.
  • Collaboration will focus on promoting digital freedom and addressing related policy challenges.
  • The initiative expands US government engagement with the crypto community.

Geopolitics 39

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  • Iranian hostilities extend from the Gulf to the Red Sea and the Caspian Sea
  • US military opts not to conduct air strikes in the Gulf region amid escalation
  • Shipping routes and oil transport in the Red Sea and Caspian face heightened risk
  • Regional tension may pressure global oil prices and safe‑haven assets
  • Jackson won the nomination with 566 of 571 delegate votes at the Bangor convention
  • He replaces Graham Platner after the latter withdrew amid a sexual assault allegation
  • Incumbent Sen. Susan Collins has raised over $16 million, while Jackson has raised just over $1 million
  • The Maine seat is viewed as the Democrats' best chance to flip the Senate and affect overall control
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  • Saudi coalition airstrikes hit Houthi positions in Yemen following claims of attacks on two Saudi oil tankers
  • Saudi air defenses intercepted two ballistic missiles aimed at the Yanbu oil refinery
  • Houthis declared a maritime embargo on Saudi Arabia, threatening Red Sea oil exports
  • U.S. President Trump warned of a "massive attack" on Iran if Houthis strike again, amid ongoing U.S. strikes on Iran
  • Pakistan is seeking to restart stalled U.S.-Iran peace talks
  • Russian forces launched an overnight strike on Kyiv
  • Multiple fires broke out across the city center
  • Ukrainian officials report no confirmed casualties yet
  • The incident raises tensions in the ongoing conflict
  • 1st U.S. Circuit Court of Appeals rejected Trump's request to lift injunction covering 23 states and D.C.
  • The 2‑1 ruling upheld a lower‑court decision that the executive order exceeds presidential authority.
  • Judges found the DHS voter‑eligibility list and USPS ballot‑delivery restrictions unconstitutional.
  • The Justice Department may appeal to the Supreme Court after the appellate defeat.
  • Thousands of Israeli activists entered the Al-Aqsa Mosque compound on 25 July 2026.
  • National Security Minister Itamar Ben‑Gvir personally led the group, accompanied by police.
  • The incursion heightened Israeli‑Palestinian tensions and drew international criticism.
  • In 1784 the Empress of China became the first US vessel to trade with Qing‑era China, marking the start of bilateral commerce.
  • US-China relations began less than a decade after the 1776 Declaration of Independence and the 1783 Treaty of Paris.
  • Over the ensuing 250 years, the early trade ambition has transformed into a central geopolitical rivalry for the United States.
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  • Iran says US is violating the June MoU by forcing a new transit route through the Strait of Hormuz
  • Both Tehran and Washington confirm they are exchanging messages and pursuing diplomatic talks
  • No US strikes reported overnight, marking the first quiet night in two weeks of conflict
  • IRGC claims to have destroyed 17 drones, an F-15, a P-8, a C-17 and eight refuelling aircraft at US bases
  • Taiwan's defence ministry detected four PLA aircraft, including a helicopter and UAV, on July 20‑21
  • The helicopter and drone crossed the median line and remained east of it for about 9.5 hours
  • This is the first known PLA helicopter crossing of the Taiwan Strait median line, prompting security concerns
  • Taiwan warned Beijing that such actions raise the risk of a cross‑strait conflict
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  • Houthi movement imposed an embargo on Saudi shipping on Monday, halting traffic through the Bab el-Mandeb Strait.
  • Saudi forces bombed the Yemeni port of Hodeidah in retaliation for a missile strike on a Saudi vessel.
  • Escalation could open a new front in the Iran‑Saudi proxy war and disrupt oil flows to Europe.
  • US launched missile strikes on multiple targets across Iran on Friday
  • Trump pledged "major military punishment" for Iran and its Houthi allies in Yemen
  • US forces disabled a tanker ship after it ignored repeated blockade warnings
  • Strikes follow the collapse of an interim truce that ended two weeks ago
  • China announced new trade restrictions on more than 12 European industrial companies.
  • Targets include Rheinmetall, Lafert and other firms linked to defense and manufacturing.
  • Retaliation follows EU sanctions on Chinese firms for alleged support to Russia's war effort.
  • Restrictions could curb EU exports to China and heighten geopolitical trade tensions.
  • Brigadier-General Abdel‑Nasser Al‑Maqadma, head of Hamas‑led police in northern Gaza, killed by Israeli strike.
  • Strike raised Palestinian fatalities to six, including a medic, a high‑school student and a policeman who later died of wounds.
  • Deaths add to over 1,180 Palestinians killed since the US‑brokered ceasefire in October, with four Israeli soldiers also killed in Gaza.
  • Flavio Bolsonaro, 45, officially announced his candidacy for Brazil's October presidential election
  • Polls show Lula leading with 48% versus Flavio's 43% in a potential runoff
  • Flavio faces legal probes into film financing and a court-ordered ban on visiting his father before the first round
  • Recent U.S. tariffs on Brazil add economic pressure to his campaign
  • Education minister steps down after intense pressure from young protesters over leaked exam questions
  • Protesters announce end to sit-in following talks with the government
  • Resignation viewed as a major win for the youth-led "cockroach" movement
  • Brazilian authorities rejected visa applications from former U.S. President Trump's aides
  • Denials came as Brazil prepares for its national election scheduled for October 2024
  • The move may heighten diplomatic friction between Brazil and the United States
  • Israeli military stepped up raids in several West Bank towns and villages
  • Settlement expansion and new outposts are being fast‑tracked by the government
  • The escalation occurs roughly three months before Israel's national elections
  • Settler attacks on Palestinians have increased alongside the crackdown
  • Iran says Ukrainian strike on a Caspian Sea commercial vessel killed one sailor and injured another.
  • Tehran summoned Ukraine's chargé d’affaires, labeling the attack a violation of UN Charter article 2(4).
  • Ukrainian President Zelenskyy claimed successful long‑range strikes in the Caspian Sea targeting vessels linked to Iran.
  • Iran warned it will defend its national interests as maritime trade faces added pressure.
  • One fatality and 16 injuries reported at Berlin's LGBTQ Pride parade.
  • The incident occurred in Tiergarten park near the parade route, prompting event cancellation around 10:15 pm local time.
  • Police abandoned the vehicle and are searching for the driver(s); authorities vow a thorough investigation.
  • A shootout in Nablus left four Palestinians and two Israeli soldiers dead
  • Israeli troops deployed tear gas against journalists reporting the incident
  • Residents reported homes and vehicles burned by settlers in the village
  • Japan approved Official Security Assistance of 500 million yen (≈100 million baht) for Thailand in March
  • Around 500 Thai military officers have studied in Japan over the past 70 years, many now hold senior positions
  • Japan has taken part in the Cobra Gold exercise with Thailand and the US for nearly two decades
  • Cooperation now includes transfers of defence equipment, such as a heavy‑duty truck test‑vehicle project
  • Both nations describe each other as indispensable partners for a free and open Indo‑Pacific
  • July 17: Knesset approved a media reform bill that expands government control over news and broadcast sectors
  • Watchdog groups secured a High Court freeze on key provisions; the court will rule by Sunday
  • The law removes oversight safeguards, eliminates minimum journalism standards and lifts cross‑ownership limits, raising concerns over influence on the Oct. 27 election
  • Survivors of Jeffrey Epstein are organizing opposition to the nominee for U.S. Attorney General.
  • The effort targets the nominee who served as a personal attorney to former President Donald Trump.
  • Legal actions continue years after Epstein's death, highlighting ongoing accountability demands.
  • Government Information Council alleges IRIB cut parts of President Pezeshkian's speech on US talks
  • Earlier edits also removed sections of parliament speaker Ghalibaf and judiciary chief Mohseni‑Ejei remarks
  • Omani mediators meet in Tehran to discuss Strait of Hormuz as US‑Iran tensions continue
  • US President Trump says the war is going "extremely well" and sees no imminent agreement
  • Syrian FM Asaad al‑Shaibani demanded immediate, unconditional Israeli pullout from southern Syria
  • Demand announced during a press conference with UN Secretary‑General Antonio Guterres in Damascus
  • UN chief also met Syrian President Ahmed al‑Sharaa during the visit
  • Ukraine allegedly killed 11 civilians in a Russian tourist camp, according to Moscow officials
  • Ukrainian forces struck a refinery in Russia, causing unspecified damage
  • Both incidents heighten tensions amid ongoing Russia-Ukraine conflict
  • Mitsubishi Heavy Industries factory will serve as Japan's centre for the Global Combat Air Program
  • Britain will host its development hub at Warton, England
  • Italy will locate its hub in Turin
  • The trilateral effort aims to design and assemble a next‑generation fighter jet for the three nations
  • US halted direct bombing of Iran for the first night after 13 consecutive attack nights
  • Conflict entered Day 14, marking 14 days of heightened hostilities
  • Tensions remain high in the Strait of Hormuz and diplomatic talks are ambiguous
  • ICC opened formal probe into former chief prosecutor Karim Khan after his removal from office
  • Removal was based on sexual assault allegations against Khan
  • Khan's legal team alleges the investigation is a political witchhunt linked to his war crimes case against Israeli leaders
  • No direct impact on financial markets or assets noted
  • Ukraine is pursuing Japanese assistance to produce Patriot air‑defence systems under a U.S. licence.
  • Japan, via Mitsubishi Heavy Industries, is one of the few nations authorized to build Patriot interceptors.
  • Ukrainian officials say political dialogue is ongoing to secure cooperation for the missile programme.
  • Resource-rich Sarawak is rolling out new development projects to spur its economy.
  • The state’s ruling coalition is using these initiatives to expand its sway in federal politics.
  • The strategy unfolds as Malaysia prepares for its upcoming general election, potentially reshaping national power dynamics.
  • President Ferdinand Marcos Jr. announced a diplomatic reset with China despite recent maritime confrontations.
  • A series of South China Sea incidents this week heightened tensions between Manila and Beijing.
  • ASEAN foreign ministers' meetings in Manila were overshadowed by the maritime disputes.
  • The United States and Australia publicly criticized Beijing's actions in the contested waters.
  • ASEAN foreign ministers convened in Manila under Philippine chairmanship
  • Agenda focused on flashpoints such as the South China Sea dispute
  • Block's global stature highlighted despite ongoing internal weaknesses
  • Armed clashes in Myanmar have halved from their recent peak
  • Violence now at its lowest point in about five years
  • Myanmar army appears to be regaining momentum as opposition groups remain fragmented
  • Thailand erected a 4.3‑meter high fortified wall along the Cambodian border.
  • The barrier includes concrete slabs, barbed wire and three padlocks to deter crossing.
  • Supreme military commander demonstrated the wall's closure by pulling a secured door.
  • Peace talks remain stalled as border security measures intensify.
  • The Si Sa Ket station's 3.05 million baht property loss already covered by insurance and PTT, so no further aid.
  • 7‑Eleven store suffered 14 million baht damage, received 9 million baht from CP All.
  • All 12 injured victims have been paid a total of 4.6 million baht (100k‑800k each) and 58 million baht for fatalities already distributed.
  • The July 24 rocket strike killed 7 people and injured 12.
  • 36 Thai citizens repatriated from Cambodia via Klong Luek border
  • 67 Cambodian citizens (43 men, 21 women, 3 boys) returned to Cambodia
  • All individuals had completed legal sentences in the host country before exchange
  • Returnees will undergo background checks for possible links to transnational crime
  • Lawmakers spent a week in Beijing, concluding the trip on Saturday
  • Met with Xia Baolong, director of the Hong Kong and Macau Affairs Office, at the Great Hall of the People
  • Delegation aims to help shape Hong Kong's first five‑year plan
  • Chinese Film Week opened in Bujumbura on July 15, featuring dragon and lion dances alongside Burundian drums.
  • The Chinese embassy framed the event as a cultural exchange to strengthen Sino‑Burundian friendship.
  • Beijing is expanding its soft‑power strategy in Africa through cinema, aiming to improve its image across the continent.

Tech/AI 22

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  • Samsung and Broadcom agree on a memorandum of understanding worth up to $200 billion through 2030
  • Deal will use Samsung's sub‑2 nm process for Broadcom's next‑gen communication ASICs and co‑develop high‑bandwidth memory
  • Partnership aims to boost Samsung's foundry utilisation and narrow the gap with TSMC in AI chip production
  • Samsung previously secured a $16.5 billion logic chip contract with Tesla, underscoring its custom‑chip growth
  • Over 200 leading economists and AI researchers, including 16 Nobel laureates, signed an open letter.
  • They warn AI could drive an economic transformation larger than the Industrial Revolution, but in a fraction of the time.
  • The letter urges immediate creation of institutions to steer AI’s impact.
  • Four‑fifths of signatories are based in the West, highlighting a geographic imbalance.
  • White House advisor alleges Moonshot AI used distillation to copy Anthropic's Fable model
  • Over 20 tech giants, including Nvidia, Microsoft and Meta, signed a letter urging no premature restrictions on open-weight AI
  • Anthropic reports Chinese actors performed industrial‑scale distillation using ~24,000 fake accounts and 16 million exchanges
  • Distillation—training smaller models from larger ones—is being framed as both a valuable technique and a potential IP theft risk
  • Google AI lead Jeff Dean highlighted distillation earlier this year as a key method for improving model efficiency
+
  • Nvidia secured a multi-year AI memory agreement with SK Hynix valued at up to $500 billion.
  • Deal includes construction of data centers expected by 2027, targeting 2 GW of power and hundreds of thousands of GPUs.
  • SK Telecom will launch a cloud business using Nvidia's Vera Rubin systems, and Nvidia will invest $1 billion in Korean cloud firm Naver.
  • Separately, Samsung signed a $200 billion MOU with Broadcom to expand memory and foundry collaboration.
+
  • Samsung Electronics and SK Hynix sign a $950 billion memory chip supply deal with U.S. tech firms
  • SK Hynix will provide $750 billion worth of memory chips to U.S. companies
  • Samsung will supply $200 billion of chips to Broadcom
  • The partnership targets AI and data‑center demand from firms such as Nvidia
  • Chinese Academy of Sciences presented ADANES at the World AI Conference in Shanghai
  • ADANES aims to embed AI across the entire nuclear energy lifecycle
  • The system proposes a new safety logic that differs from conventional reactors
  • AI models now exceed 1 trillion parameters, spurring demand for larger compute capacity.
  • Chinese chipmakers such as Huawei and Biren are building "supernodes" that interconnect hundreds to thousands of chips as a single supercomputer.
  • Supernodes are positioned to rival Western AI hardware, heightening the China‑US technology rivalry.
  • The concept was highlighted at the World Artificial Intelligence Conference, indicating a strategic shift toward massive parallelism.
  • TikTok accounts switched from lifestyle posts to promote Romanian candidate Calin Georgescu, amassing 120 million views
  • Georgescu, previously in single‑digit polls, captured 23 % of the vote in the first round of Romania's November 2024 presidential election
  • Maastricht University researchers allege TikTok is blocking access to data on hidden influencer marketing and livestreamed political content
  • 13 m tall, 15 m wide sand battery in Pornainen stores 2,000 t of crushed soapstone
  • Delivers 100 MWh of thermal energy – ~1 month of summer heat or ~1 week of winter heat for 5,000 residents
  • Projected to cut district‑heating greenhouse‑gas emissions by ~70% and wood‑chip fuel use by ~60%
  • Targeting 55‑60% of municipal heating supply in early 2024, up from ~30% in 2025
  • Provides days‑to‑weeks of storage without rare‑earth materials, unlike lithium‑ion batteries
  • Japan is creating AI dialogue frameworks with like‑minded and Global South nations
  • Targeted partnerships announced with India and Malaysia to diversify AI supply chains
  • Goal is to boost Japan's domestic AI ecosystem and lessen dependence on US and Chinese firms
  • Super Heavy booster separated after ~2 minutes, hard‑splashed in Gulf after partial engine relight
  • Upper stage soft‑splashed in Indian Ocean, preserving heatshield for first time
  • 20 new Starlink V3 satellites launched, with solar arrays delivering twice the power of prior versions
  • SpaceX stock down 43% from its June 16 peak, with four declines in the past five weeks
  • NASA plans a major Starship test flight next year, but full reusability remains a challenge
  • State-backed capital now dominates financing for leading AI firms such as DeepSeek and Zhipu AI
  • Hardware startups like Unitree Robotics and CXMT also rely heavily on Beijing investment
  • Western venture capital presence in China's cutting‑edge tech is receding
  • Policy focus on tech self‑sufficiency drives increased state involvement
  • Sky Perfect JSAT expects increased demand for satellite imagery and analytics across Southeast Asia
  • Escalating maritime tensions between China and regional nations boost need for cost‑effective surveillance
  • Company plans to expand services to meet government and commercial surveillance requirements
  • Taiwan amends regulations to allow greater foreign ownership of satellite service providers
  • The change could enable Elon Musk's Starlink and other LEO operators to offer internet services in Taiwan
  • Authorities cite national security concerns amid heightened tensions with China
  • The next‑generation fighter program by Japan, the UK and Italy was displayed at the Farnborough International Airshow.
  • More than 10 countries have signaled interest in acquiring the aircraft.
  • Program leader emphasizes that export sales are needed to recoup the project's development costs.
  • The collaboration aims to create a competitive alternative to existing fighter platforms.
  • Hitachi will use AI agents for every stage of client systems development, from requirements to operation
  • The company targets a 30% boost in productivity through AI integration
  • Implementation covers requirement definition, programming, maintenance and ongoing operation
  • TikTok announced plans for a massive data center in São Paulo, Brazil.
  • The project leverages Brazil's abundant renewable energy and growing user base.
  • Brazil is being positioned as a strategic hub for digital infrastructure in Latin America.
  • Workshops in Philadelphia and Maine drew over 70 participants each, far above typical class sizes of ~12
  • Registrations capped at 30, prompting waitlists and Zoom livestreams due to high demand
  • Library Instagram post about the event earned more than 2,000 likes and 220 shares
  • Sessions provide step‑by‑step instructions to turn off AI tools such as Apple Intelligence and Gemini
  • Librarians cite growing public frustration with forced AI adoption and a desire for digital autonomy
  • Religious leaders, labor unions and local activists are forming a coalition against AI and data‑center expansion
  • Poll shows 53% of conservative Republicans and 58% of overall voters oppose local data‑center construction
  • Trump promoted data‑center development at an EPA event, aligning with tech firms despite growing AI concerns
  • Union and evangelical leaders warn AI could exacerbate job insecurity and wealth concentration ahead of the 2024 election
  • OpenAI launched the Micro, a 12-key keypad priced at $230, aimed at ChatGPT power users.
  • The device connects via Bluetooth or USB and features a voice dictation button for hands‑free commands.
  • Reddit and Aftermath reviews label the keypad as overpriced and unnecessary for most coders.
  • Keys are customizable to trigger ChatGPT agents, with color‑coded LEDs indicating status (white, blue, green, red).
  • The launch follows Apple’s lawsuit accusing OpenAI of trade theft, casting doubt on future hardware plans.
  • Linying Studio, founded in 2024 on a former mall site in Hangzhou, focuses on 1‑2 minute "microdrama" episodes.
  • The complex can host up to 10 film crews simultaneously, creating cliffhanger content for smartphone viewers.
  • AI tools are employed to streamline production, targeting a two‑minute attention span.
  • Museums are adopting visitor data analytics to personalize tours and displays
  • Young art-goers increasingly discover exhibitions via social media feeds
  • Data-driven approaches aim to boost engagement and learning in galleries

Companies 15

  • Full allocation of SpaceX IPO shares is uncommon; most investors receive only a fraction of requests
  • Typical IPO allocations range from a few percent to less than 1% of the total offering
  • SpaceX's IPO size and pricing remain undisclosed, adding uncertainty to allocation expectations
  • Securing a complete allocation may signal strong advisory connections or favorable allocation policies
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  • Warner Bros. Discovery alleges Amazon induced two executives to breach term contracts lasting until Oct 31, 2027 and Dec 2027
  • The lawsuit cites violations of California law, breach of contractual relations, and unfair competition
  • Amazon MGM Studios declined to comment; one alleged poached executive, Francesca Orsi, remained at Warner Bros.
  • The case may revive debate on enforceability of term employment agreements in California
  • Boring Company is negotiating a $4 bn funding round.
  • Proposed valuation of $20 bn, up from $5.7 bn in 2022.
  • Plans include tunnel projects in Nashville and Dubai, with pitches in Baltimore, Chicago and Los Angeles.
  • Nevada regulators flagged nearly 800 environmental violations and serious worker injuries.
  • Starship's 13th full-scale test flight achieved an intact splashdown in the Indian Ocean
  • Heat shield endured temperatures up to 2,600 °F (1,430 °C) across more than 18,000 ceramic tiles
  • Six Raptor engines showed no external damage, but the Super Heavy booster failed to relight, causing a hard splashdown
  • Elon Musk said the next flight will attempt a tower catch, targeting a low‑Earth‑orbit trajectory
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  • Adult IMAX 70mm ticket cost $27.77, roughly 81% above the average cinema ticket price
  • Average 70mm screen earned $153,000 in box‑office revenue during opening weekend
  • Only 41 IMAX theaters (25 U.S., 16 abroad) are equipped for the 70mm format
  • IMAX stock surged after Q2 earnings beat expectations; analysts project a 12% price gain over the next year
  • More than 50% of early attendees traveled over 50 miles, indicating historic demand
  • Family office Full Vision Capital aims to invest more than US$1 billion in Central Asian green energy projects.
  • Targeted projects include sustainable aviation fuel (SAF) production and smart energy storage solutions.
  • The push leverages Central Asia's abundant agricultural and natural resources for renewable development.
  • FPT is expanding into Thailand to meet rising demand for artificial intelligence solutions.
  • The company plans to partner with leading Thai businesses and universities to deliver AI tools.
  • CEO Levi Nguyen highlighted opportunities to improve production processes and quality control.
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  • Mitsubishi Motors will allocate 16 billion baht (≈$470 million) to Thailand by 2030
  • Funds aim to convert existing plants into a production and export hub for electrified vehicles
  • Thailand's government views electric vehicles as central to its long‑term growth strategy
  • The investment expands Mitsubishi's overseas EV manufacturing capacity
  • Kalshi sent Netflix a cease-and-desist letter demanding removal of the "Instadocs: The Prediction Games" trailer
  • Trailer shows a $5,000 bet from May 16, 2025, which Kalshi says misleads viewers about trading in Nevada after a court‑ordered ban
  • Kalshi is currently prohibited from operating in Nevada under a court order; the dispute centers on alleged defamation and fabricated documents
  • Netflix acknowledges the screenshot is from 2025 but says the documentary footage is authentic and will not remove the trailer
  • LSEG's Lipper is conducting a review of a recent transaction.
  • The review focuses on data related to fixed-income fund flows.
  • Potential outcomes could alter how bond fund activity is reported.
  • DeepSeek suspended its second fundraising round, delaying investment agreements
  • Planned raise valued at ~500 billion yuan (~$74 bn) after a $7.4 bn maiden round
  • Pause linked to founder Liang Wenfeng's frustration over media reports on his comments
  • Company may resume fundraising later and is exploring an IPO on Shanghai's STAR Market
  • Bradshaw Honey Farms earned about $1.8 million in gross revenue last year but ended with a net loss after expenses.
  • The farm lost roughly 60% of its bee colonies in 2025, similar to a 62% decline in U.S. commercial colonies from June 2024 to Feb 2025.
  • Higher labor, fuel prices and tariffs on honey bottles have squeezed profitability, forcing the owner to draw down savings.
  • Uniqlo aims to grow its Indian outlets from 20 to more than 100 in the next five years
  • The expansion represents a fivefold increase in store count
  • The retailer entered the Indian market in 2019 and currently operates 20 stores
  • BYD introduced the Denza Z9GT luxury electric sedan in Malaysia last week.
  • The model aims at the high‑end market, competing with Tesla, BMW and Mercedes‑Benz.
  • Launch underscores BYD’s strategy to expand its premium EV lineup in Southeast Asia.
  • Appeals court orders SK chairman Chey Tae-won to pay 944.4 billion won (~$643.9 million) to ex‑wife
  • Settlement is the largest divorce award in South Korean history
  • Payment may pressure Chey’s personal finances and could impact SK Hynix governance

Thai Markets 1

  • Government abandons the costly Land Bridge project after a feasibility study flagged low viability and high budget risk.
  • New "Missing Link" strategy will integrate rail, highway and port upgrades in southern Thailand.
  • Opposition parties welcome the shift, urging investment in existing southern ports and cross‑peninsula rail links.
  • Funds earmarked for the Land Bridge will be redirected to rail network expansion and port improvements.

Other 47

  • Death toll rose above 1,309, a 40% increase in five days
  • Confirmed cases reached 2,973, up 27% from a week earlier
  • Bundibugyo strain has no approved vaccine; experimental dose administered
  • Over 100 health workers infected, about 35 have died; strikes over unpaid wages
  • A white van drove into the crowd at Berlin's LGBTQ Pride parade on Saturday
  • The attack resulted in 1 fatality and at least 16 injuries, some life‑threatening
  • Police halted the parade and cancelled the scheduled concert, urging attendees to leave the area
  • Emergency services responded; investigation into the incident is ongoing
  • 2014 hack of FinFisher leaked mobile spyware data and price lists.
  • 2015 breach of Hacking Team yielded over 400 GB of source code, emails and contracts.
  • Leak helped expose scandals in Ecuador, Mexico and Panama and led to Hacking Team’s €1 sale.
  • Later attacks targeted Catalonia’s police union, Turkey’s ruling party, and Cayman National Bank’s Isle of Man branch.
  • Phineas Fisher’s identity remains unknown; Italian investigations found no evidence.
  • CCS adoption accelerated during the Covid-19 pandemic with numerous government and corporate pledges
  • Recent project failures have led to increased doubt about CCS effectiveness in hard‑to‑abate sectors
  • Investors and policymakers are now questioning the long‑term viability of CCS as a decarbonisation tool
  • UCLA team demonstrated catalytic conversion of mixed plastic waste into pure hydrogen
  • Process produces hydrogen without CO2 emissions, targeting hard‑to‑abate sectors
  • Researchers say the technique can be scaled for industrial use, cutting fossil‑fuel dependence
  • Breakthrough coincides with rising global interest in hydrogen amid oil and gas supply concerns
  • Education Minister Dharmendra Pradhan announced resignation following 36-day protests.
  • Protests were triggered by an exam paper leak scandal linked to student suicides.
  • Demands included compensation for victims' families, no punitive action, and a police apology.
  • The Cockroach Janta Party claimed victory at the Jantar Mantar protest site in New Delhi.
  • Police crackdown on July 20 injured over 100 protesters, intensifying nationwide anger.
  • The 11.9km (7.4‑mile) Caiyuanba tunnel was finished, the first high‑speed rail tunnel under the Yangtze.
  • It links two districts in Chongqing, forming a key segment of a future line to Xiamen.
  • The tunnel removes a major engineering hurdle for the southwestern megacity's high‑speed network.
  • Executive order signed on Friday mandates warning signage at the Smithsonian's National Museum of American History
  • Signage will alert visitors that some exhibits contain 'inaccurate' historical information
  • The move is part of Trump's ongoing campaign against cultural institutions and monuments
  • No immediate legal challenges have been filed against the order
  • Thousands of students have set up a protest camp in Delhi's capital.
  • Protesters, linked to the satirical Cockroach Janta Party, call for the education minister's resignation over alleged exam paper leaks.
  • Prime Minister Narendra Modi pledged to take action on the exam scandal case.
  • Opposition parties have expressed solidarity with the student movement.
  • Japan successfully extracted yttrium and dysprosium from seabed mud near Minamitorishima.
  • The mud sample showed high concentrations of yttrium, suggesting a promising deposit.
  • Current processing costs are deemed too high to compete with Chinese rare‑earth supplies.
  • The effort aims to lessen Japan's dependence on China for critical rare‑earth materials.
  • Signal reduced to No 8 six hours after No 9 issuance as Noul passes ~80 km NE of city
  • Over 410 flights and 150 high‑speed train services cancelled
  • Authorities opened 28 shelters in preparation for the storm
  • Interior Ministry seized 126 rai of land valued at over 2.1 billion baht in Krabi.
  • A British national controlled 99.87% of Gulval Properties through three nominee companies.
  • The 22 plots (126 rai) were frozen pending legal proceedings; disposal may take 6–12 months.
  • Police will broaden the probe to foreign funding and possible involvement of state employees.
  • Police identified 1,483 children connected to eight private hospitals in the scheme
  • A total of 37 perpetrators were arrested, including 16 Thai fake fathers and 19 Chinese parents
  • Four more accomplices were detained on Saturday, raising arrests to 41
  • All fraudulent birth registrations and Thai citizenships have been revoked
  • Bangkok Metropolitan Administration dismissed one staff member and is cooperating with the probe
  • Fire broke out in Sukabumi Regency, West Java province
  • More than 70 homes were destroyed
  • Over 400 people left homeless
  • Cause believed to be an electrical short circuit
  • Bangkok will deploy inspectors across all 50 districts under a unified framework.
  • Initial focus will be on smoke‑emitting vehicles, construction sites and open burning.
  • A digital platform will link inspection data from environmental, health, law enforcement and other agencies.
  • Michigan reports a surge in COVID-19 cases, with hospitals nearing capacity
  • State budget strained after recent federal cuts attributed to the Trump administration
  • Public health officials urge increased testing and vaccination to curb spread
  • Ishan Kishan scored 81 off 44 balls
  • Tilak Varma made unbeaten 60 off 29 balls
  • India posted 219/5, Zimbabwe bowled out for 129 in 17.5 overs
  • India lead series 2-0 with final match pending
  • Transfer fee estimated between €35 million and €40 million
  • Lee signs a contract running through June 2031
  • 25‑year‑old joins Atletico, which finished 4th in La Liga and reached the Copa del Rey final
  • He is expected to fill the creative void left by Antoine Griezmann, who moved to MLS
  • Norris warns recent regulation changes have reduced car speed, citing the Belgian Grand Prix
  • He criticizes the sport's commercial focus, saying drivers have little influence
  • Norris topped final practice for the Hungarian Grand Prix with a 1:17.939 lap, 0.117s ahead of Ferrari's Lewis Hamilton
  • Audi's entry via Sauber underscores the shift toward hybrid power units with a 50-50 electric‑ICE split
  • Formula One officials claim drivers are now listened to more than ever
  • Trump’s speech ran over an hour, mixing jokes with attacks on the press.
  • It was his first appearance at the correspondents’ dinner after previously boycotting the event.
  • The dinner was relocated to the Waldorf Astoria after an April shooting that injured Secret Service officer Victor Gonzales.
  • Suspect Cole Allen pleaded not guilty to attempted assassination charges in May.
  • Journalists and organizations urged the association to condemn Trump’s attacks on the First Amendment.
  • All hotels and guest houses must install fire escape hoods for guest safety
  • A one‑year grace period is granted before enforcement begins
  • Authorities will discuss implementation details with the sector after initial concerns
  • The rule was introduced without prior consultation with industry representatives
  • Seagrass can sequester carbon up to 35 times faster than tropical rainforests.
  • Local seagrass coverage has dropped 60% over the past 20 years.
  • Loss of seagrass habitats is linked to reduced sightings of endangered green sea turtles.
  • National Meteorological Centre issued an orange typhoon alert (level 2 of 4)
  • Typhoon moving northwest at 20 km/h (12 mph) across the South China Sea
  • Landfall expected between Hong Kong and Lufeng with winds up to 151 km/h
  • Trains stopped, schools halted and residents evacuated in the region
  • President Trump delivered a nearly hour‑long speech at the annual White House press gala
  • The event occurs three months after a prior assassination attempt on Trump was foiled
  • Security was heightened and journalist attendance was markedly lower than previous years
  • Japan welcomed 42.7 million foreign visitors in the last year.
  • Tohoku’s six prefectures attracted just 2.57 million visitors, about 6 % of total.
  • Despite its scenery, Tohoku lags behind Tokyo, Kyoto and Osaka in tourist numbers.
  • Opening matches of the T.League's ninth season will be held in Taiwan
  • Leagues aim to raise international profiles by featuring overseas star players
  • Target fan bases include Taiwan, the Philippines and Thailand
  • The ring relies on money mules, couriers and shell firms to move fentanyl and profits worldwide
  • U.S. authorities shut down the website of Hubei Amarvel Biotech, a front for the operation
  • The scheme's reach means individuals and companies in any country could be exposed
  • Hiltz won the US 1,500m championship title
  • This victory marks his second consecutive 1,500m title
  • The win adds to his domestic track record
  • The ten‑episode series Blade Runner 2099 was previewed at San Diego Comic‑Con.
  • Showrunner Silka Luisa says the show will stay true to the franchise's noir roots while exploring a post‑human future.
  • The teaser highlights a replicant uprising and humans as second‑class citizens.
  • At least 35 people killed in the crash
  • Dozens more injured
  • Collision occurred on the main highway linking eastern Syria to Damascus
  • Incident underscores deteriorating transport infrastructure after years of war
  • Students are moving into senior housing for reasons beyond low rent
  • Intergenerational activities include game nights and gym class teaching
  • Quiet periods begin around 7:30‑8:00 PM each evening
  • A 54-year-old construction worker died from a head injury at the stadium site.
  • The fatal accident occurred amid ongoing renovations that started in 2023.
  • Camp Nou, slated to hold 105,000 seats when finished, remains partially open.
  • Three suspects arrested in a Friday operation targeting triad income sources
  • Authorities seized HK$5.2 million (US$663,080) worth of narcotics
  • Ring employed provocatively dressed foreign women to sell drugs in pubs and entertainment venues
  • Operation conducted by the Kowloon East regional anti‑triad unit
  • Two fatalities confirmed, both passengers on the aircraft
  • Crash occurred in Ganderkesee, a residential area near Bremen
  • Aircraft is believed to have taken off from Bremen shortly before the accident
  • 21 fixed-penalty notices issued in first six days
  • Around 530 construction sites inspected during that period
  • Ban on smoking at construction sites took effect on July 17
  • Five improvement notices also issued to contractors
  • Father pays 6,000 yuan (≈US$880) each month for growth hormone injections.
  • Daughter is 12 years old and previously grew only 2‑3 cm per year.
  • The case has ignited a heated online discussion about height anxiety and societal pressure in China.
  • Hop On Management Company appointed to administer Wang Fuk Court estate after fire
  • Administrator is gradually refunding owners the remaining balance of major expenses
  • Refund process delayed while sorting through hundreds of thousands of documents
  • 20-year-old suspect, surnamed Hui, detained on suspicion of making a bomb threat.
  • Threat posted in comments under SCMP Instagram post about Hong Kong Disneyland tickets.
  • Police say the comments included threats of violence and a claim to place a bomb in Hong Kong.
  • 31 restaurants have withdrawn from the scheme within two weeks of launch
  • Environment officials issued 70 warnings during inspections
  • Officials say overall compliance is acceptable despite teething problems
  • 16-year-old Angel Lau Yin-kwan from Hong Kong participates in a Xinjiang learning tour
  • Tour lasts seven days and is organized by RTHK's Solar Project in early July
  • Trip focuses on the birthplace of actress Dilraba Dilmurat and regional culture
  • Student expected grasslands and horse transport but found well-developed infrastructure
  • Rescene, a five-member group from The Muze Entertainment, debuted in 2024
  • The act has risen to prominence in South Korea without stadium tours or large‑scale marketing
  • They are now chart‑toppers and brand ambassadors, becoming a household name locally
  • In 138 BC, Han envoy Zhang Qian was sent to the western regions to counter the Xiongnu.
  • Although the military goal failed, he opened a land corridor from Chang'an through Gansu and Xinjiang to Central and West Asia.
  • The route linked multiple Mediterranean‑bordering countries and shows silkworm cocoons existed in Uzbekistan long before the Silk Road.
  • A DIY remedy mixing constipation medication with tea claims 4 kg loss in 2 days
  • The practice has gone viral on Chinese platforms, prompting medical warnings
  • Hospitals report several emergency admissions linked to the concoction
  • The first Gion Festival procession on July 17 featured 23 floats and temperatures near 40 °C, the second‑hottest on record for the city.
  • Kyoto recorded 38 °C by 3 p.m., marking the hottest day of the year.
  • AI‑driven crowd‑density monitoring triggered LED alerts after heavy pedestrian congestion on July 15.
  • The second procession on July 24 will include 11 floats.
  • Tens of thousands of fraudulent websites mimic official World Cup outlets
  • Fake sites claim to provide free streaming and sell tickets
  • More than 35,000 counterfeit ticket listings identified
  • Scammers use AI tools to replicate legitimate site designs
  • Fuji Rock Festival launched with strong attendance numbers
  • Organisers expanded food offerings and added family-friendly measures
  • Industry forecasts continued growth for summer festivals despite hotter weather
  • The film 'Satluj' was taken offline within 48 hours after the government ban.
  • Punjab villages turned gurdwara courtyards, squares and fields into temporary cinemas.
  • Community groups are screening the banned film despite official restrictions.