August 6, 2026 · Daily Global-Macro Brief

August 6, 2026 322 stories · 340 articles, 18 merged · refreshed 2026-10-12 02:20 UTC ▲ 66▼ 65◆ 22– 168

Markets 30

USD Index up 0.26% to near 100.00 as WTI climbs 3% to $77/bbl on Hormuz vessel ban
Initial jobless claims fall to 199,000, the lowest in two years, bolstering the dollar
EUR/USD slips 0.27% to around 1.1500; GBP/USD down 0.11% to 1.3450; USD/JPY rises 0.39% to 158.40
Nonfarm Payrolls forecast at 80,000 for August with unemployment steady at 4.2%
Gold down 0.09% to $4,243 and silver off 0.84% to $62

Read on FXStreet ↗ also: FXStreet

Spot electricity price in Europe rose to €500/MWh, a record level.
Heatwave-driven demand and drought forced France to cut nuclear output and Hungary to shut the Paks plant.
Hydropower reserves fell as rivers warmed and dried, tightening supply.
The price surge highlights growing energy‑security concerns across the continent.

Read on OilPrice ↗

Governor Abigail Spanberger announced she will intervene in the $67 billion NextEra‑Dominion merger.
The deal would create the world’s largest regulated electric utility, raising concerns over higher electricity bills for Virginia consumers.
NextEra shares fell more than 1% and Dominion stock dropped more than 2% after the announcement.
Virginia’s State Corporation Commission will review the merger and could impose conditions or reject it.

Read on CNBC Energy ↗

US Initial Jobless Claims hit 2-year low at 199K
UK construction PMI improves to 44.7, but sector remains in contraction
GBP/USD holds near 1.3460 as markets await Friday's NFP release

Read on FXStreet ↗

S&P 500 added $2.1T in market cap this month (3.12% gain), matching crypto's entire $2T market cap
Bitcoin up just 2% to $64,600, lagging equities due to AI-focused stock rally and crypto-specific issues
Crypto faces headwinds: Coldcard hack ($120M exploit), stablecoin outflows (USDT down to 2025 lows), and ETF outflow streak

Read on CoinDesk ↗

Recent yen-buying interventions have lifted the yen against the dollar.
The dollar's rally has stalled, with the greenback weakening in major FX pairs.
US nonfarm payrolls due on Aug 7 will be a key driver for Fed policy and dollar direction.

Read on Nikkei Asia ↗

Recent KRW strength attributed to late‑stage flow factors rather than fundamentals
Fading ADR and shipbuilder hedge flows could trigger a reversal in USD/KRW
Strategist recommends building long USD/KRW positions with a target of 1,470 in coming months

Read on FXStreet ↗ also: FXStreet

Resilient consumer spending: Capital One, American Express, Ralph Lauren, Williams‑Sonoma
AI infrastructure demand via semiconductor equipment: Lam Research, KLA Corp, Applied Materials
Growing cybersecurity needs: CrowdStrike, Palo Alto Networks
M&A activity boosting banks: Goldman Sachs, Morgan Stanley
Healthcare innovation as a diversification play: Eli Lilly, Johnson & Johnson

Read on CNBC Top News ↗

Recovery in oil prices and strong El Niño raise upside inflation risks for the Philippines
Global rice and fertilizer prices are climbing, adding to food‑price pressure
ING forecasts an additional 50 bps of monetary tightening in 2026, but political uncertainty could delay reforms and weigh on the peso

Read on FXStreet ↗

Banxico kept its policy rate unchanged at 6.50% for a second meeting, supporting the peso's rally.
USD/MXN slipped to 17.21 after reaching a daily high of 17.26.
Banxico projects headline and core inflation to fall to 3% by Q4 2027 and to 3.5% in 2026.
Money markets price a 58% chance of a 25‑bp Fed hike at the September 16 meeting.

Read on FXStreet ↗

S&P 500 hit a new record, climbing roughly 4.2% over the past month
CBOE VIX fell to 15.3, its lowest level since March 2021, indicating subdued implied volatility
Implied volatility typically contracts 30%‑35% in the days after earnings releases
Options traders can sell near‑term calls or buy puts ahead of earnings to capture the volatility crush
Low‑volatility backdrop may temper further upside for equity indices despite the rally

Read on MarketWatch Top Stories ↗

US stock indices closed lower in a jittery session
Investor concerns centered on the uncertain reopening of the Strait of Hormuz
Energy‑related stocks pressured as supply‑risk worries linger

Read on WSJ Markets ↗

Bank Indonesia governor unexpectedly resigned, raising policy uncertainty.
Foreign investors had begun returning to local bonds after recent rate cuts and FX‑stabilisation measures.
ING expects the rupiah to weaken further amid doubts over central‑bank independence and weaker external balances.
Markets will focus on the appointment of a permanent governor for clues on future monetary policy direction.

Read on FXStreet ↗

GBP fell 0.1% to trade near 1.34‑1.35 against the USD
UK construction PMI rose to 44.7, ahead of the 40.0 forecast
Yield spreads are softening, limiting fundamental support for the pound
Scotiabank projects a short‑term range of 1.3420‑1.3520 and targets above 1.3550 medium term

Read on FXStreet ↗

USD/JPY rose ~0.41% to 158.39, breaking the 200‑day SMA at 158.06
RSI exited oversold territory near 20 but remains in bearish range
Close below 158.06 could test support at 157.18 then 155.23; above 158.06 faces resistance at 159.00, 160.00 and 161.21
Move follows two days of FX intervention by US and Japanese authorities

Read on FXStreet ↗

Dow Jones Industrial Average slipped, ending its recent winning streak
Oil prices rose on heightened Middle East uncertainty
Broad U.S. equities fell as higher energy costs weighed on markets

Read on WSJ Markets ↗

CFRA lifts its S&P 500 year‑end target to 8,050, up from 7,400 (≈4% above current level)
Full‑year upside implied at 17.6%; next‑year target set at 8,650, about 12% higher
Other firms also upgraded: RBC to 8,150 and UBS to 8,100 for the 12‑month horizon
CFRA cites fundamentals, technicals, election‑year rally pattern, easing oil prices, and AI build‑out

Read on CNBC Top News ↗

AUD/USD down 0.36% to around 0.7030, holding above the 0.7000 support level
Crude oil rises more than 3% to $77.67 after reports of a vessel ban in the Strait of Hormuz
US Dollar Index up 0.28% near the 100.00 psychological level, pressuring the Aussie
US Nonfarm Payrolls due Friday could further strengthen the USD and weigh on AUD

Read on FXStreet ↗

USD/CAD rose to ~1.4030, up 0.12%, breaking back above the 1.4000 support level
US non‑farm payrolls forecast to add 80K jobs in July with unemployment at 4.2%; Canada jobs forecast to add 15K with unemployment steady at 6.5%
WTI crude oil climbed ~3.5% to about $77 per barrel amid ongoing Hormuz tensions, keeping inflation risks elevated

Read on FXStreet ↗

Perpetual swaps, or 'perps,' amplify stock price movements
Increased use of perps could lead to amplified market blowups
Computer memory stocks decline 2.5% on average

Read on WSJ Markets ↗

Dow Jones Industrial Average fell 460 points (1.1%), ending a 4-day winning streak
Oil prices rose on reports of potential Strait of Hormuz reopening talks
Market sentiment weighed by mixed economic data and geopolitical uncertainty

Read on WSJ Markets ↗

Stoxx 600 index up 1.2%
Consumer-facing and healthcare stocks lead gains
Earnings drive European markets higher

Read on WSJ Markets ↗

Shares opened 10.5% above the offer price of 590 rupees ($6.19) on the NSE
IPO raised approximately $973 million, backing by Temasek
The strong debut reflects optimism for India's primary markets after a slow first half

Read on Nikkei Asia ↗

Yen steadies around 157.00 per USD, little movement in recent sessions
Traders remain skeptical about any further coordinated US-Japan FX intervention
Market pricing suggests limited upside for additional yen depreciation without new policy action
Yen weakness persists amid divergent monetary stances, keeping pressure on the currency

Read on Nikkei Asia ↗

Nikkei up more than 2,000 points on Wednesday
South Korea's KOSPI also posted sharp gains on the same day
Investors stay cautious, citing recent volatility in the KOSPI
AI‑heavy stocks tie the two markets together in trading flows
Potential spillover risk if Korean market fluctuations intensify

Read on Nikkei Asia ↗

USD/CNH quoted at 6.7482, close to recent low of 6.7420
Short‑term support at 6.7420; resistance around 6.7550‑6.7640
1‑3 week view: gradual move down to 6.7300 if 6.7640 holds
1‑3 month view: upward momentum only if break above 21‑week EMA at 6.8430

Read on FXStreet ↗

USD/SGD closed at 1.2810, trading within a 1.2804‑1.2825 range on Wednesday
UOB's NEER model projects SGD to stay 1.5‑2.0% above its mid‑point, implying a 1.2756‑1.2820 band
Further USD weakness requires a clear break below 1.2790, with next support at 1.2765
Resistance sits at 1.2820 (followed by 1.2830) and strong resistance at 1.2850 must stay intact

Read on FXStreet ↗

Twilio shares jump ~16% after raising Q3 earnings outlook to $1.42‑$1.47 and full‑year revenue growth to 18‑18.5%
Trade Desk drops 22% as Q2 earnings of $0.34 and revenue of $715 m miss consensus
Airbnb up ~7% on Q2 EPS $1.37 beating forecasts; Lyft modestly higher despite EPS miss
DraftKings falls >1.5% after Q2 revenue $1.44 bn misses $1.51 bn and posts a 14‑cents loss versus expected profit
Sweetgreen slides 14% on Q2 loss of 22 cents per share and revenue $193 m below expectations

Read on CNBC Top News ↗

Dollar Index up 0.2% to 96.23
Ends two-trading-day losing streak
Modest gain in otherwise steady FX market

Read on WSJ Markets ↗

USD/CHF up >0.60% to break above 0.8100, defending 50‑day SMA at 0.8052
RSI crossed above the 50 neutral level, confirming buyer control
Key resistance at 0.8150; breach could open targets at 0.8200 and yearly high 0.8207
Support levels: 0.8100, then 0.8052 (SMA), and 0.8000 if the pair falls lower

Read on FXStreet ↗

Macro/Economy 24

Economists forecast July nonfarm payrolls between 18,000 and 83,000, median around 80,000
Unemployment rate expected to stay at 4.2%, with some forecasts at 4.3%
Fed funds target remains 3.50%-3.75%; markets price only one more rate hike this year
ADP reported 44,000 private jobs added in July, below the 75,000 consensus
Weekly jobless claims fell to 199,000, under the 204,000 expectation

Read on CNBC Top News ↗ also: CNBC Top News

Oil prices have shown only a 'mini spike' despite the Strait of Hormuz closure, contrary to expectations.
Current oil price increases are significantly lower when adjusted for inflation compared to past spikes.
Historical energy data dating back to 1820 indicates that periods of low demand (affordability) have frequently preceded financial crashes.

Read on OilPrice ↗

White House announced a 15% tariff and minimum import prices for polysilicon, ingots, wafers, solar cells and modules.
Minimum import prices: $21/kg for polysilicon, $100/kg for ingots/wafers, $0.22 per watt for solar cells, $0.38 per watt for panels.
Polysilicon, 97.6% of which is produced by China, underpins US semiconductor and solar manufacturing.
Tariffs and price floors become effective on Dec 4, with concerns of a pre‑implementation import surge.
US domestic polysilicon capacity is limited to two factories: Hemlock Semiconductor (Michigan) and Wacker Chemie (Tennessee).

Read on Channel NewsAsia Business ↗ also: SCMP Economy

GPIF may allow greater freedom to move within existing targets
No major policy action towards changing GPIF's benchmark portfolio
Rising domestic bond yields could warrant a review, but overhaul requires strong political leadership

Read on Channel NewsAsia Business ↗

Iran-Oman deal bans US/Israeli ships from Hormuz, lifting WTI by ~2.85% to $76.45/barrel
US 10-year Treasury yield rose to 4.672%, up about 6 basis points amid inflation concerns
Fed rate‑hike odds sit near 58% for a 25‑bp increase at the September meeting
Initial jobless claims fell to 199K, below the 202K forecast, and layoffs hit a two‑year low
Non‑farm payrolls are projected at 80K, nearly double June’s figure, with unemployment expected at 4.2%

Read on FXStreet ↗

China's urban surveyed unemployment rate has remained stable at 5.0-5.4% over the past three years.
Standard Chartered estimates a broader labor underutilization rate, including discouraged workers, at 7.1% in 2024.
Weak consumer confidence, soft consumption growth, and elevated youth unemployment suggest official jobless data doesn't fully capture labor market challenges.
Flexible workers (estimated 280mn by 2025) face unstable income, weak labor protection, and incomplete social security, dampening consumption appetite.
Improved labor protection, social security for flexible workers, and vocational training could help boost consumption.

Read on FXStreet ↗

The U.S. Federal Communications Commission (FCC) voted 2-1 to rescind the 39% household cap on local broadcast station ownership.
The new rule will consider applications for TV company mergers exceeding 39% on an individual basis, potentially sparking industry consolidation.
FCC Chair Brendan Carr argues the move will help local broadcasters survive and increase investment in local programming.
Critics, including the FCC's sole Democrat commissioner, argue the proposal is illegal and will lead to excessive market power and control by a few companies.
The decision could remove 'artificial restrictions' on broadcast television's ability to attract capital and generate revenue.

Read on Channel NewsAsia Business ↗

Goldman Sachs recommends gradual yuan appreciation to counter protectionism risks
Economists advocate fiscal stimulus to bolster weak domestic demand in China
First-half 2026 data shows bifurcated economy: weak domestic demand vs. strong exports

Read on SCMP Economy ↗

Q2 2026 real GDP rose 5.3% YoY, beating SG forecast of 5.1%
Growth driven mainly by public spending; private consumption and manufacturing remain weak
Investment rose but was offset by higher imports, raising concerns about sustainability
Statistical discrepancy adds uncertainty to the assessment of growth quality

Read on FXStreet ↗ also: Nikkei Asia

Cabinet agreed to lower food consumption tax from 8% to 1%
The reduction will apply for two years starting April 2027
Bill will be submitted to the Diet pending funding clarification
Tax cut aims to boost household consumption amid stagnant growth

Read on Nikkei Asia ↗ also: Nikkei Asia

Accounts for children under 1 rose to about 15,000 in June, nearly triple year‑on‑year.
New accounts for kids under 9 jumped roughly 60% to around 185,000, excluding duplicate accounts.
Parents invest 300,000‑400,000 won ($210‑$300) per month in US ETFs, mainly tracking the S&P 500.
Property capital gains tax ranges 6‑45% (2+ years) and 40‑70% (<2 years), while retail stock sales are largely tax‑free.
KakaoPay plans to give 100,000‑won worth of stock to each newborn next year to attract young investors.

Read on CNBC Top News ↗

Household spending dropped 3.3% YoY in June, missing a forecast for a 1% rise
Month‑on‑month spending fell 6.4%, versus an expected 3.1% decline
Real wages rose 1.6% YoY, marking the sixth consecutive month of growth
Seven straight months of falling consumption raise doubts about private demand as the Iran‑Israel conflict lifts food and energy costs

Read on Channel NewsAsia Business ↗

BoI approved 44 data centre projects worth 1.59 trillion baht between 2024 and May 2026
Applications for BoI promotion reached 1.47 trillion baht in H1 2026, up 37% YoY
CIMBT calls for sustainability criteria: power‑usage effectiveness, renewable energy, water recycling, and lower lifecycle GHG emissions
Advocates stronger links to local suppliers, talent development, and technology transfer to maximise domestic benefits
Notes spill‑over potential for PCB manufacturing, power equipment, cooling systems and other related sectors

Read on Bangkok Post Business ↗

Target: raise Thailand‑Myanmar trade to US$12 bn (≈397 bn baht)
Current trade at $7.4 bn, requiring about $4.6 bn additional volume
Reopened Second Thailand‑Myanmar Friendship Bridge; other crossings under review
Thai investment covers energy, manufacturing, transport, logistics, communications, real estate, tourism
Joint Trade Committee to be convened to drive the $12 bn target

Read on Bangkok Post Most Recent ↗

Goal: achieve at least 35 Thai UNESCO Creative Cities by 2037
New recognitions expected to raise tourism revenue 10-30%, adding 3,000-5,000 baht per trip
Two more city applications planned for 2027, with Pattaya (film) and Chanthaburi (gastronomy) as candidates
Community tourism generated 137 million baht in 2025, up 22.3% YoY, attracting 426,431 visitors
Target annual revenue growth of 10-20% through enhanced marketing and experiences

Read on Bangkok Post Business ↗

Argentina renewed its 130 billion yuan (US$19 bn) currency swap with China for a five‑year term
The new agreement runs until 2031, adding two years beyond the previous expiry date
Renewal occurs despite U.S. pressure for Argentina to abandon the swap
The swap provides a vital foreign‑exchange buffer for the Argentine central bank

Read on SCMP Economy ↗

State-run Sinograin bought 10‑15 cargoes, with at least 10 slated for October‑November shipment
The purchases add to a recent surge of Chinese soybean imports ahead of President Xi's planned US trip
The deals follow trade talks that include a Chinese commitment to buy 25 million bushels of U.S. soybeans
Each cargo represents roughly 50,000 metric tons of soybeans

Read on SCMP Economy ↗

Delhi mandates EVs for new three-wheelers and light goods vehicles from Jan 2027, two-wheelers from Apr 2028
Incentives: ₹30k for e-two-wheelers, ₹50k for e-autos, ₹100k scrappage bonus for eligible cars
Policy targets 23% of Delhi’s winter air pollution from vehicles but preserves car-dependent system
Coal still supplies ~70% of India’s electricity, limiting EV climate gains

Read on The Diplomat ↗

ONS will not discontinue Form BN data collection at this time
Practical challenges prevent recreation of statistics using alternative sources
Firms to continue submitting Form BN until notified otherwise

Read on Bank of England ↗

Increase average living space for public housing tenants
Raise minimum size of subsidised sale flats
Reduce average waiting time for public rental housing to 3 years

Read on SCMP Economy ↗

Government sold stakes in 10 state-owned firms in 2024, raising about 620 bn rupees ($6.5 bn).
LIC sale generated $3.3 bn for a 6.5% stake, priced 10% below market and was oversubscribed.
Disinvestment proceeds now cover more than 65% of the FY2026‑27 target of 800 bn rupees ($8.4 bn).
Fiscal deficit stands at 3.1 trn rupees (≈18.2% of budget) with a $37.4 bn trade deficit, driving the push.
Capital outflows have weakened the rupee and tightened domestic financing conditions.

Read on CNBC Top News ↗

Consortium of 20+ lenders, including SBI Shinsei, regional banks, KKR and Norinchukin Bank.
Target loan size exceeds 100 billion yen (~$635 million) for M&A and projects such as data centers.
Initiative aims to broaden financing options beyond Japan’s megabanks.

Read on Nikkei Asia ↗

Energy minister Kim Sungwhan says ammonia‑coal co‑firing will extend coal plant life and hinder decarbonisation
Government drops the ammonia co‑firing proposal, reversing earlier pilot plans
Policy aligns with Seoul's target to phase out coal‑fired generation by 2040

Read on Nikkei Asia ↗

Analysts argue the program will not exhaust its reserves by 2032
Proposed policy reforms aim to sustain Social Security long‑term
No immediate fiscal crisis is anticipated for the program

Read on MarketWatch Top Stories ↗

Central Banks 11

Governor Cook signals readiness to raise rates if inflation does not continue to decline
PCE price index up 3.7% YoY through June, well above the Fed's 2% target
Overall inflation fell to 3.5% in June, the first decline in five months
Cook stresses inflation risk outweighs employment risk, hinting at tighter policy

Read on Cointelegraph ↗ also: FXStreet

President Trump has been regularly speaking with Fed Chair Kevin Warsh, treating him like a cabinet member
Warsh has kept rates unchanged since taking over, but markets doubt his credibility as inflation stays above the 2% target
Five‑year inflation swap expectations remain above 2% despite a modest recent decline
Investors sold long‑term Treasury bonds as a hedge against possible rate hikes
Political pressure could force the Fed to raise rates more aggressively, risking an economic slowdown

Read on CNBC Top News ↗

Bessent’s sizable yen short is impacting market dynamics
Analysts warn the Federal Reserve may feel pressure to ease policy
Potential easing could move USDJPY and lift bond yields

Read on WSJ Markets ↗

Reserve Bank of India held its key repo rate steady at 5.25% on Wednesday
Inflation is seen as manageable, allowing the RBI to prioritize growth support
Volatility in crude oil prices from U.S.-Iran tensions adds pressure on price stability

Read on Nikkei Asia ↗

BOJ purchased roughly ¥12 trillion of Japanese government bonds in July to support market liquidity
Short‑term policy rate stayed at -0.1% under the negative‑interest‑rate framework
10‑year JGB yield‑curve‑control target was held steady at 0% with no adjustment
Operations aimed at stabilising the yen amid modest depreciation versus the dollar

Read on Bank of Japan ↗ also: Bank of Japan

Monetary base grew by roughly 2% in July, reaching about ¥770 trillion
BoJ recorded net purchases of approximately ¥15 trillion in Japanese government bonds
The increase underscores the central bank's ongoing ultra‑easy stance despite stable inflation

Read on Bank of Japan ↗

July headline CPI fell to 1.95% YoY, down from 2.42% in June and below the 2.55% consensus.
Core CPI rose to 1.34% YoY, indicating continued indirect cost pass‑through.
UOB projects headline CPI at 2.8% in 2026 and 1.4% in 2027, with the BoT rate steady at 1.00% through end‑2027.
Key inflation drivers remain oil prices, the Thai baht, and the current‑account balance.

Read on FXStreet ↗

Banxico kept its benchmark rate at 6.50% for the third consecutive meeting.
Board sees inflation risks tilted upside but projects headline and core inflation at 3.5% in Q4 2026 and 3.0% in Q4 2027.
Economic slack is expected to persist with significant downside risks to activity, prompting a hold decision.

Read on FXStreet ↗

Federal Reserve officials are now watching rapid AI sector investment for systemic risk signals.
NY Fed President John Williams says the AI boom shows high excitement but does not constitute a bubble, noting current leverage is manageable.
Kansas City Fed President Jeff Schmid warns AI could become "too big to fail" and highlights financing chain vulnerabilities.
Data‑center buildout is under half the size of the 2005 housing boom (6.6% of GDP) yet its investment pace relative to GDP exceeds that of pre‑crisis housing.

Read on Channel NewsAsia Business ↗

Japan's Ministry of Finance stepped into the foreign‑exchange market several times in 2024 to purchase yen.
Ruling coalition lawmakers propose using the acquired yen to finance the government's planned food tax cut.
Accounting rules mean the intervention gains are unlikely to fully cover the cost of the tax cut.

Read on Nikkei Asia ↗

Read on BIS Central Bank Speeches ↗

Energy/Oil 23

Brent crude up 3.8% to $82.49 per barrel
U.S. WTI up 2.8% to $77.29 per barrel
Iran's draft would ban U.S. and Israeli ships and levy a 20% cargo penalty for violators
Oil prices had fallen about 8% earlier in the week before the jump
Houthi forces reported attacks on Saudi assets and an explosion near Oman

Read on CNBC Energy ↗ also: WSJ Markets

Iran and Oman are negotiating a plan to prohibit US, Israeli and other hostile vessels from transiting the Strait of Hormuz
The draft imposes fines of up to 20% for violations and requires compensation before passage
WTI crude jumped about 3.3% intraday, rising from $75.65 to $77.00 after the news
Geopolitical risk to a key oil chokepoint could tighten global supply

Read on FXStreet ↗ also: FXStreet

US and Iran negotiations show signs of stalling, raising supply concerns
Analysts warn a breakdown could trigger a rapid upward shift in crude prices
Potential price spike could pressure global inflation and consumer costs
Market participants are monitoring diplomatic developments for price signals

Read on Investing.com Commodities ↗

US diesel exports surged to a record weekly volume, the highest on record.
Supply disruptions in the Gulf and damage to Russian energy infrastructure are tightening global fuel markets.
Analysts say continued supply constraints could keep US diesel exports elevated in the near term.

Read on OilPrice ↗

Crude and condensate output rose ~100,000 bpd from June to over 9 million bpd in July
Increase driven by stronger exports and recovering refinery runs
OPEC estimated June production at 8.928 million bpd, showing a notable jump
Oil and fuel sales remain critical to Russia's budget despite sanctions and attacks

Read on OilPrice ↗

Aramco reduces September Arab Light OSP by $0.50/bbl, setting a $2 discount to the Asian benchmark.
Brent crude slides to roughly $80/bbl, marking a ~20% decline over the past two weeks.
Price cut follows reports that Iran and Oman are close to finalising a Hormuz shipping route agreement.

Read on OilPrice ↗

WTI crude stabilizes near $73.50/bbl
Brent crude holds around $76.20/bbl
OPEC+ agrees to 2M bbl/day output cut

Read on Investing.com Commodities ↗

Argentina's Vaca Muerta shale is achieving record unconventional oil and natural gas output.
Shale production now comprises over 70% of Argentina's total hydrocarbon output.
The Vaca Muerta play is in early development stages, with rapid growth projected to continue.
This shale boom is significantly enhancing energy security across the Americas.

Read on OilPrice ↗

Europe's natural gas storage levels have fallen to their lowest point since 2011.
The significant drop in storage capacity comes just before the critical winter heating season.
This situation raises concerns about potential gas supply shortages and price volatility in the coming months.

Read on Investing.com Commodities ↗

U.S. crude exports fell amid heightened uncertainty over the Iran conflict
Strategic Petroleum Reserve hits its lowest level in 43 years
Importers such as Japan may seek alternatives to Middle East oil

Read on Nikkei Asia ↗

Six major Southeast Asian markets will achieve only about 33% of planned gas‑fired capacity
Fuel shortages and volatile gas prices are expected to raise costs and cause multi‑year project delays
Supply‑chain bottlenecks further limit the region’s shift from coal to gas generation

Read on OilPrice ↗

Drivers in the UK are stealing fuel worth roughly $270,000 each day, according to Forecourt Eye data.
The surge in fuel prices is linked to the Middle East conflict involving the United States, Israel, and Iran.
Crimes include filling tanks and driving off without paying, as well as claims of inability to afford fuel.

Read on OilPrice ↗

Retail gasoline averages $4.06 per gallon, 36% above pre‑Feb 27 levels and near the $3.83/Labor‑Day record of 2012.
Wars in Ukraine and the Middle East have removed about 5 million bpd of refining capacity, tightening supply.
Crack spreads topped $70 per barrel in July, boosting refiner earnings by 300‑400% year‑over‑year.
Crude oil fell roughly 10% this week to around $76 per barrel, but gasoline remains elevated due to a market disconnect.
Any further disruption in the Strait of Hormuz or Russian refineries could worsen gasoline shortages.

Read on CNBC Energy ↗

Weekly gas inventories rose modestly, slightly above analyst expectations
Storage surplus now sits above the five‑year average level
Front‑month natural gas futures slipped lower on the news

Read on WSJ Markets ↗

Proposed Hormuz transit fee of about $2 per barrel could be added to crude costs
Analysts say the fee could keep Brent and WTI crude above $80 per barrel
Fee is expected to act as a permanent price support mechanism amid supply uncertainties

Read on Investing.com Commodities ↗

President Claudia Sheinbaum prohibited fracking in the Tampico-Misantla basin covering Veracruz and Tamaulipas.
The ban cites dense population, indigenous communities and critical freshwater reserves in the area.
A government panel will study whether unconventional gas can reduce Mexico's sizable U.S. natural‑gas imports.

Read on OilPrice ↗

Estimated 2.5 billion barrels of recoverable oil at the Bumerangue field
Peak production could reach about 600,000 barrels per day
Project aims to offset declining output from BP's existing Brazilian assets
Development slated to keep Brazil's pre‑salt production boom alive through the 2030s

Read on OilPrice ↗

CNOOC launched the world’s first 16‑MW tension‑leg platform (TLP) floating wind turbine.
The Haiyou Anlan platform began feeding electricity to the Lufeng Oilfield via a 4.3‑km subsea cable.
It is the first floating wind unit to directly supply power to an offshore oil production site.
The project marks a major step in China’s offshore wind and hybrid energy strategy.

Read on OilPrice ↗

Angola's Katambi-2 well confirms good reservoir potential for oil and gas production.
Two productive intervals were crossed, with quality metrics higher than the Katambi-1 well.
Block 24 of the Benguela Basin is expected to yield significant oil and gas reserves.

Read on OilPrice ↗

Global nuclear generation rose 1.3% to 2,845 TWh in 2025, a record high
China added 34+ TWh, accounting for all net global growth
Without China, global nuclear output would have declined year-over-year

Read on OilPrice ↗

Mongolia’s fuel demand rose 14% annually, with petrol/diesel imports jumping from 500k tonnes in 2005 to 2.7M tonnes in 2025
97% of Mongolia’s fuel imports come from Russia; diversification efforts with South Korea/Kazakhstan unlikely to resolve structural dependency
Fuel reserves cover only 10–18 days, far below target of 3–6 months; new storage infrastructure delayed until 2028

Read on The Diplomat ↗

Temperatures above 40 °C now common across southern and central Europe, stressing energy infrastructure
Refinery cooling efficiency drops, raising risk of output cuts
Low river levels force reductions in nuclear generation and lower hydroelectric output
Drought‑shrunk waterways increase inland fuel transport costs as barges carry smaller loads

Read on OilPrice ↗

Suzuki's Wagon R becomes India's first mass‑market flex‑fuel vehicle.
Indian government backs biofuel policy to cut crude oil import share through ethanol blends.
Other automakers are expected to follow, boosting domestic ethanol demand.

Read on Nikkei Asia ↗

Gold/Metals 14

U.S. copper futures reached about $6.90 per pound, a record high.
Limited mine supply growth and disruptions in Chile tighten global copper availability.
Strong demand from AI data centers, power‑grid upgrades and Chinese electrification projects supports price.
Potential U.S. Section 232 tariffs and Congo’s export ban add further supply pressure.

Read on CNBC Top News ↗

Codelco suspends development of Andes Norte section at El Teniente mine
Production halt could last up to 2 years, union leader says
Copper supply concerns deepen amid mine setbacks

Read on Northern Miner ↗

Gold prices surge to 2-year high above $2,000/oz
Iran's nuclear deal uncertainty weighs on market sentiment
Risk of reversal in gold breakout as US dollar strengthens

Read on Investing.com Commodities ↗

Equinox Gold (TSX: EQX, NYSE: EQX) authorizes a $436 million investment to expand the Valentine gold mine in Newfoundland, Canada.
The expansion is expected to increase the mine's annual gold output, supporting the company's growth targets.
The project underscores Equinox's focus on scaling production amid a strong gold market.

Read on Northern Miner ↗

Gold spot price rose above $2,300 per ounce, edging close to its all‑time peak
Gold miners' equities gained, offering a hedge against inflation and Fed rate outlook
Analysts say fresh record levels are possible if inflation pressures persist

Read on MarketWatch Top Stories ↗

Largest miner reported a production shortfall of roughly 5 million ounces in the latest quarter
The missing ounces led to a temporary overestimation of global supply, spurring price volatility
Analysts caution that incomplete reporting can distort inventory data and affect investor sentiment

Read on Investing.com Commodities ↗

Gold price breaks key resistance, supporting upside momentum
Silver and copper also post gains, confirming broader metal strength
Technical indicators point to further upside toward next resistance levels

Read on Investing.com Commodities ↗

Australian gold production expected to increase as existing mines are expanded
Expansion occurs before new projects slated to start in the late 2020s
Surbiton Associates forecasts higher output ahead of next wave of gold projects

Read on Northern Miner ↗

Gold closed at $4,242 per ounce, down 0.09%
Silver fell, snapping a three‑day rally
Gold's two‑day winning streak was broken

Read on WSJ Markets ↗

Silver fell 1.73% to about $60.95 per ounce.
US Dollar Index rose 0.30% to near the 100.00 psychological level.
Friday's US Nonfarm Payrolls report could reshape Fed rate expectations and affect silver.
Technicals show support at $60.00, resistance at $61.59, and RSI around 39 indicating bearish momentum.

Read on FXStreet ↗

The cycle spans roughly 30 years, with price peaks occurring about every three decades
Mining supply constraints and inflation expectations are the primary drivers, not short‑term price swings
Gold is trading near $2,150 per ounce, roughly mid‑cycle in the long‑term trend
Analysts warn higher real yields could precede the next price rally

Read on Investing.com Commodities ↗

Gold prices are experiencing a rebound.
Easing concerns regarding oil prices are a contributing factor.
The US Dollar is weakening, which supports gold's rise.

Read on Investing.com Commodities ↗

China imposed dual‑use export controls on tungsten, tightening global supply
EQ Resources, the largest non‑China producer, reports a sharp uptick in customer inquiries
Rising tungsten prices improve the miner's strategic outlook and revenue prospects

Read on Nikkei Asia ↗

Valeriano drill hole ranked #1 in copper assays among the top 10 results
The drill results span a reporting period from June 17 to July 15
Rankings were calculated using interval width multiplied by copper grade

Read on Northern Miner ↗

Crypto 39

Sixteen Bitcoin developers utilized AI tools to uncover 4,962 security vulnerabilities across 390 projects in 24 hours.
The audit identified 85 critical and 635 high-severity bugs, creating an 'extremely bad' situation for project maintainers.
The high volume of findings is overwhelming maintainers, with the main challenge now being efficient bug routing.
This audit highlights AI's rapid transformation of security research for both defensive and offensive purposes in the crypto space.

Read on CoinDesk ↗

The EU's Markets in Crypto-Assets Regulation (MiCA) is now fully enforced, setting a comprehensive standard for crypto services in Europe.
U.S. crypto regulation, currently fragmented, is expected to mirror MiCA's structure, with agencies already issuing clarifying guidance.
Financial advisors managing digital assets must proactively establish robust governance frameworks and internal controls to meet future compliance demands.
Operational risk is identified as a primary investment risk in digital assets due to less mature traditional market protections.
Implementing proper governance and control frameworks can take 1-2 years, emphasizing the need for firms to start preparation early.

Read on CoinDesk ↗

Bitcoin and Ether are outperforming the broader crypto market as traders rotate towards large-cap tokens.
Bitcoin derivatives show a cautiously bullish tilt with rising futures open interest and growing upside options bets.
Altcoin open interest has fallen approximately 15% over the past month, while Bitcoin gained roughly 8%.
XRP and SOL face leverage-driven pressure, with XRP's open interest rising alongside a falling price.
NEAR's new stake-to-compute model for AI faces questions regarding sustained real demand beyond initial incentives.

Read on CoinDesk ↗

Founder Taj Tarsha charged with securities and wire fraud for diverting $10M raised via SAFTs
Funds allegedly used for gambling, crypto trades, personal expenses, and a Miami condo loan
FAR token launched in May 2024 became worthless shortly after trading ceased

Read on CoinDesk ↗

JPYC's Series B funding round reached a cumulative total of 6 billion yen ($38 million) after an extension.
Japanese logistics group AZ-COM Maruwa Holdings joined as a new investor, contributing approximately 1 billion yen.
JPYC plans to use the capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged stablecoin.
AZ-COM is exploring using JPYC's stablecoin to pay its approximately 2,300 delivery partners and contractors.
The partnership aims to support onchain finance by integrating commercial, logistics, and payment flows.

Read on Cointelegraph ↗

Bitcoin traded near $64,830, up 0.8% over 24 hours, but remained in a narrow range, indicating a wait-and-see market.
Macro hopes, including potential easing of inflation and lower oil prices, are providing a bid for Bitcoin, rather than fresh crypto demand.
Bitcoin's price movement is highly dependent on lower oil prices leading to reduced inflation expectations, which in turn could pull down real yields and the dollar.
A 63% correlation with the S&P 500 suggests equity sentiment and broader risk appetite significantly influence Bitcoin's near-term trajectory.
Key levels to watch are real yields and the dollar; if both fall alongside oil, Bitcoin has a clearer path to break its recent range.

Read on CoinDesk ↗

Clear jurisdictional lines for crypto regulation
Enhanced consumer protections
Increased safeguards against illicit finance

Read on WSJ Markets ↗ also: Cointelegraph

US-listed Bitcoin ETFs attracted $244.4M in net inflows on Wednesday
Three-day inflow streak tops $626M, with BlackRock's iShares Bitcoin Trust ETF leading gains
Bitcoin price briefly climbed above $64,920 on Wednesday, trading at $64,744.53 at publication

Read on Cointelegraph ↗ also: Cointelegraph

Senate ethics addendum could allow Trump to defer capital gains taxes on his crypto assets
Trump disclosed over $1.4 billion in crypto-related income for the prior year
The "Clarity Act" seeks to clarify regulator jurisdiction over digital assets

Read on Channel NewsAsia Business ↗

Wintermute secured a US broker-dealer license, enabling regulated trading activities
The firm aims to compete with established market makers such as Jane Street and Citadel
Regulatory approval highlights increasing integration of crypto firms into traditional finance

Read on WSJ Markets ↗

Three circuit judges issued the mandate affirming the conviction
Former FTX CEO Sam Bankman-Fried's fraud conviction was upheld
Judges rejected claims that investors could be fully reimbursed

Read on Cointelegraph ↗

AI infrastructure contracts for miners are expanding and becoming more profitable
Wall Street enthusiasm fades as investors demand stronger execution from mining firms
Bitcoin mining stocks could face pressure without clear AI revenue delivery

Read on Cointelegraph ↗

Bitcoin price stays under $65,000, indicating limited upside momentum
US PMI data released, sparking fresh discussion of potential stagflation
Crypto price action diverges from equities and gold, remaining compressed
Market sentiment remains mixed amid growing inflation‑growth worries

Read on Cointelegraph ↗

Tether to provide tokenization infrastructure for institutional real estate assets in Saudi Arabia
Hadron platform to issue and manage tokenized real estate assets for institutional investors
Expansion plans include energy, infrastructure finance, and other real-world assets

Read on CoinDesk ↗

Nigeria introduces stamp duty and withholding taxes on crypto transactions
Industry players say taxes could undermine adoption of digital assets in Nigeria
Crypto players may remit taxes in digital assets rather than naira currency

Read on Channel NewsAsia Business ↗

Blockchain.com obtained a Virtual Asset Service Provider (VASP) custody license from the Cayman Islands Monetary Authority (CIMA).
This license expands the company's regulated crypto services within the Cayman Islands.
The approval allows Blockchain.com to offer regulated crypto custody services in the region.

Read on Cointelegraph ↗

Tokenized real-world assets (RWA) made up 32% of Hyperliquid’s Q2 trading volume
RWA contracts contributed 6.6% ($11.15M) of Hyperliquid’s $169M Q2 revenue
Growth signals expanding institutional adoption of tokenized assets in DeFi

Read on Cointelegraph ↗

Hyperliquid ETF inflows stalled in July-August after surging in May-June, per JPMorgan
Competition from regulated crypto derivatives platforms and prediction markets cited as key drag
HYPE token remains fourth-largest corporate crypto treasury holding despite recent pause

Read on CoinDesk ↗

Self‑custodial Bitcoin Lightning wallet Zeus was disabled following a cyberattack
Founder Evan Kaloudis confirmed no customer funds were lost
Investigation found no vulnerability in the Lightning Network protocol
Service outage expected to be temporary while security measures are reviewed

Read on Cointelegraph ↗

Chainalysis says more than $30M was taken in 2026 via crypto wrench attacks
46 documented attempts, with only 12 resulting in successful payments
Attacks also caused data leaks and targeted relatives of crypto holders
Physical risks to crypto owners are widening as attack methods evolve

Read on Cointelegraph ↗

Institutional Bitcoin treasury funds reduced their combined holdings by about 10% recently.
The cut fuels skepticism about the long‑term viability of corporate Bitcoin treasury strategies.
Analysts warn the decline could weigh on Bitcoin price and curb future institutional inflows.

Read on Cointelegraph ↗

Bitcoin trades below $65,000 with subdued volatility, but risk stays elevated as cheap volatility may encourage leveraged bets.
Market makers' hedging could amplify price moves if volatility reverts to the mean, according to Tesseract Group.
Weak demand for both puts and calls suggests the bear market is near its low, while positive regulatory news like the Clarity Act could trigger ETF inflows.
Potential negative catalysts include a breakdown in Hormuz talks and an inflation shock.

Read on CoinDesk ↗

Clarity Act bans interest‑like rewards for simply holding stablecoins, treating them as bank‑deposit equivalents.
The bill tasks SEC and Treasury with rules for centrally‑controlled protocols and brings digital commodity brokers under BSA reporting.
It earmarks $3 billion over five years for state and local investigators to enforce AML measures.
Zcash’s upcoming Tachyon upgrade aims to scale shielded payments and improve quantum‑readiness.

Read on CoinDesk ↗

Hackers transferred 64 Bitcoin and 200 Ethereum to mixing services
The stolen assets total several million dollars in value
Majority of the funds remain traceable in attacker-controlled wallets
Mixers used to obscure transaction trails, raising concerns for crypto security

Read on Cointelegraph ↗

JPYC raises $38M in Series B extension to expand yen-pegged stablecoin
AZ-COM Maruwa Holdings, a major Japanese logistics firm, leads the round
JPYC's total raised reaches $106M across seven funding rounds

Read on CoinDesk ↗

Situational Awareness made a $400 million investment in an undisclosed company
The hedge fund nearly collapsed following July's AI stock crash
No details on the company or investment were disclosed

Read on Cointelegraph ↗

Russian President Vladimir Putin signs crypto law establishing market rules
Core provisions take effect in September 2026
Regulations target exchanges, custodians, and investors

Read on Cointelegraph ↗

RWA deposits tripled to $7.4B in latest data, defying broader DeFi slowdown
Lending and trading activity for tokenized assets expanded despite industry contraction
CoinShares report highlights growing institutional interest in RWAs

Read on Cointelegraph ↗

Consolidated three existing loans into a single $18 million Bitcoin-backed facility
Initial interest rate set at about 2% APR, versus 12% on prior loans
Pledged 307 BTC as collateral; may need more if Bitcoin price declines

Read on Cointelegraph ↗

Criminals impersonating licensed crypto firms via fake websites and forged documents
Scams target investors seeking MiCA-compliant providers amid regulatory transition
EU watchdogs urge verification through ESMA’s official MiCA registry

Read on Cointelegraph ↗

ElizaOS token sinks 19% to record low
Founder Shaw Walters declares project 'dead'
Remaining treasury transferred to settle lawsuit

Read on Cointelegraph ↗

Bitcoin steadied above $64,600, up 0.5% weekly, with buyers defending dip toward $62,500
Major cryptocurrencies mixed: ether +1.1% to $1,904, XRP -3% to $1.04, BNB -1.2% to $595
$101bn of SpaceX stock becomes tradable Thursday, company holds 18,712 BTC (~$1.1bn)
Global equities softened with Kospi -4.4%, MSCI ACWI -0.2%, while gold rose 0.4% on softer rate-hike expectations
SoftBank earnings later Thursday seen as barometer for private AI investment after $34.6bn commitment to OpenAI

Read on CoinDesk ↗

XRP whales continued 'quiet accumulation' as price slid from ~$2.40 to $1.00–$1.20 in 2026, per CryptoQuant
Ether is the only major token trading below its realized price ($1,900 vs. $2,450 cost basis), signaling deeper capitulation
CryptoQuant warns of potential one more leg lower before durable floor, with ether’s below-cost trading as key metric

Read on CoinDesk ↗

CASHCAT, a cat-themed memecoin on Robinhood Chain, surged 120% in a week to ~8.7 cents, with $86m market cap
Robinhood Chain's total value locked (TVL) rose to $774m, led by lending (43%) and asset management (41.5%)
Tokenized real-world assets on the chain reached $100m, up from $70m in late July

Read on CoinDesk ↗

Senate has 2 days left in session to advance Digital Asset Market Clarity Act before summer recess
Bill's passage hinges on cloture vote and White House feedback on ethics provisions
If delayed past August 7, bill may slip to post-election 2026 with slim September session window

Read on CoinDesk ↗

Red Team security audit identified roughly 5,000 vulnerabilities in the Bitcoin protocol
Developers acknowledge heightened chaos and ongoing security challenges in the ecosystem
Audit results may prompt increased scrutiny and potential hardening measures for Bitcoin

Read on Cointelegraph ↗

Crypto lobby claims the Clarity Act does not address the targeted payment loophole
The legislation was intended to tighten crypto payment oversight, but lobby says it is ineffective
No immediate regulatory changes or enforcement actions are anticipated

Read on WSJ Markets ↗

Step App will cease operations on Aug. 21, ending its four-year run.
FITFI token is trading about 99.9% below its all-time high.
The token’s collapse underscores continued weakness in the move-to-earn crypto niche.

Read on Cointelegraph ↗

Tokenization expands to bizarre assets like farts, human skin, and destroyed artworks
Cow tokenization gains viral attention as part of broader crypto trend
Real-world asset (RWA) tokenization market grows despite unconventional inclusions

Read on Cointelegraph ↗

Geopolitics 58

North Korea launches short-range ballistic missile over Sea of Japan
Launch comes after Pyongyang criticizes Japan's military build-up
Pyongyang declared itself an 'irreversible' nuclear state in 2019

Read on SCMP Economy ↗

Oman mediating talks to formalize joint patrols with Iran in strategic waterway
Strait of Hormuz handles ~20% of global oil supply, critical for energy markets
Deal aims to reduce regional tensions and secure maritime traffic

Read on Investing.com Commodities ↗ also: SCMP Economy·CNBC Energy

First Israeli soldiers killed since the June ceasefire, ending a two‑month lull
Israel launched air and artillery strikes on Lebanon following the deaths
US‑mediated talks continue in Rome, aiming to revive the fragile cease‑fire
Regional experts warn the peace remains highly vulnerable

Read on Al Jazeera ↗

China's Law on Promoting Ethnic Unity and Progress codifies forced assimilation, replacing regional autonomy with national legislation.
The law mandates instilling CCP loyalty, replacing bilingual education with Mandarin, and 'Sinicizing' religion across all institutions and families.
Uyghurs are already experiencing arrests for family contacts abroad and removal of Uyghur-language signs, with any negative reaction deemed resistance.
Article 63 enables transnational repression, allowing Beijing to target overseas individuals for activities deemed to undermine ethnic unity.
International response has been largely limited to statements, with calls for stronger action from governments, including the US, to condemn and protect diaspora communities.

Read on The Diplomat ↗

China officially confirmed two coastguard personnel died in a South China Sea vessel collision last year.
This marks the first official acknowledgment of fatalities from the incident.
The deceased, Yi Xinyu and Cheng Long, were posthumously awarded by the People’s Armed Police (PAP).
The incident occurred during a "maritime rights" operation, implying a confrontation.

Read on SCMP Economy ↗

China sanctions 7 US entities over national security concerns
Export controls tightened on drones and related technologies
National security investigation launched into imported printing and copying equipment

Read on SCMP Economy ↗

Balochistan recorded 765 terrorist attacks and 1,600 fatalities Jan-Jul 2026, surpassing Khyber Pakhtunkhwa's 574 attacks and 1,196 deaths
Tehreek-e-Taliban Pakistan (TTP) and ex-Afghan National Army factions clash in Balochistan’s Pashtun areas, expanding violence geographically
Baloch Liberation Army (BLA) demonstrates advanced operational capabilities with near-simultaneous attacks, using U.S.-left weapons and Starlink tech

Read on The Diplomat ↗

US government lifts state of emergency on Hong Kong, removing sanctions on 9 officials
China views move as a positive step in stabilizing bilateral relations
Decision comes ahead of Chinese President Xi's expected visit to the US

Read on SCMP Economy ↗

US PACOM may move the $2 billion DOD infrastructure project out of Yap, FSM.
FSM demanded $1.3 billion in compensation, about $185,000 per resident (~7,000 people).
Negotiations stalled amid alleged Chinese political‑warfare influence and corruption concerns.
The shift follows a failed defense‑site deal in Palau, potentially altering US posture in the Second Island Chain.

Read on The Diplomat ↗

Chinese state television (CCTV) broadcast footage seemingly depicting the US Air Force’s Kadena Air Base in Okinawa, Japan.
The footage, part of a documentary 'Securing Victory,' showed a satellite image of an airbase in the background during a PLA Rocket Force discussion.
The image, though slightly out of focus, matched the layout of Kadena Air Base, suggesting it as a potential target.
This broadcast indicates the PLA's missile force may be training with Kadena as a combat scenario target.

Read on SCMP Economy ↗

China's Cyberspace Administration launches cybersecurity review into Palo Alto Networks' products
Probe aims to ensure secure operation of critical infrastructure and prevent cybersecurity risks
US-China trade tensions intensify as Beijing conducts review

Read on SCMP Economy ↗

China imposes new export controls on drone sales to US entities
Counter-sanctions target 7 American firms in trade tit-for-tat
Drone supply chain export controls take effect immediately

Read on SCMP Economy ↗

China banned 7 U.S. entities from business, tightened drone export controls, and restricted cooperation with U.S. certification bodies
Measures target firms enforcing Uyghur Forced Labor Prevention Act, raising compliance costs for U.S. businesses in China
Beijing launches first national security probe in foreign trade sector, targeting imported printing equipment with foreign software

Read on CNBC Top News ↗

China imposed sanctions on a U.S. testing laboratory in response to FCC bans
Beijing introduced new curbs on drones using U.S. technology
Chinese regulators are probing office equipment that contains foreign software ahead of the Trump‑Xi summit
The actions heighten tensions ahead of the leaders' meeting scheduled for next month

Read on Nikkei Asia ↗

President Trump signed two executive orders aimed at narrowing birthright citizenship.
The orders target "birth tourism" by foreign nationals seeking U.S. citizenship for their children.
The measures follow the Supreme Court's June 30 ruling that rejected a prior birthright citizenship policy.
The actions could tighten immigration pathways for wealthy foreign investors.

Read on SCMP Economy ↗ also: Al Jazeera

Around 229 Gaza students were evacuated to Italy before May 2026, with an additional ~40 in June 2026.
Italian tuition averages €10,200 ($11,800) per year, far below UK costs of £30,000‑£60,000.
Gaza40+ lists over 1,200 Palestinian students seeking study abroad, with more than 500 already holding university offers.
Even with approved visas, Israeli travel bans and complex exit permits delay or block students from reaching European campuses.

Read on Al Jazeera ↗

Israeli strikes injured at least 8 people and forced the evacuation of al‑Mansouri.
June ceasefire failed to stop renewed attacks, with homes demolished and farmland burned.
Lebanese and Israeli officials met in Rome on a withdrawal framework, but Hezbollah rejects the deal.

Read on Al Jazeera ↗

Iran parliament speaker Mohammad Bagher Ghalibaf calls Trump's statements "theatre diplomacy on loop" after the US cancelled a planned strike.
Trump says a deal to reopen the Strait of Hormuz is near and predicts the war will end "pretty soon," urging that oil prices will drop.
Iran and Oman claim a Hormuz reopening agreement is "on the verge of being finalised," while the strait remains closed, keeping oil markets volatile.

Read on Al Jazeera ↗

El‑Sayed secured the nomination by a margin of less than 1% over Haley Stevens after a close count.
He prevailed despite being outspent roughly nine to one, with AIPAC and allies spending about $70 million against him.
The win highlights the ability of progressive candidates to overcome party establishment and pro‑Israel lobbying in a swing state.

Read on Al Jazeera ↗

Drone carrying a fist-sized Semtex package was found near two Antonov An-124 cargo planes at Leipzig airport on Aug 4
Device was modified to evade airport drone‑defense sensors; a failed detonator prevented detonation
Authorities are probing a possible second drone after a separate aircraft reported a mid‑air collision

Read on Ars Technica ↗

Far-right “Active Clubs” employ fitness activities to hide extremist recruitment.
Groups target young white men, using camaraderie and workout routines as a lure.
Experts warn the decentralized clubs are preparing members for potential real‑world violence.
No concrete membership figures disclosed, but the tactic mirrors other extremist recruitment methods.

Read on Al Jazeera ↗

President Trump personally urged Xi Jinping to address Southeast Asian online scam operators.
State Department official highlighted fentanyl trafficking and scam centres as top‑level concerns.
US seeks higher‑level cooperation with China despite existing police collaboration.

Read on SCMP Economy ↗

The US Treasury sanctioned five Cuban companies and eight individuals for helping acquire military gear from Russia and China.
Targeted firms include Tecnoimport, Union de Industria Militar, and EMI Yuri Gagarin; officials include Defence Minister Alvaro Lopez Miera.
Sanctions freeze any US-held assets of the listed parties and bar US persons from conducting business with them.
The action follows a recent Treasury round of sanctions and is part of the Trump administration's "maximum pressure" policy on Cuba.
Foreign banks and companies could face secondary sanctions if they continue transactions with the designated entities.

Read on Al Jazeera ↗

84-year-old McConnell was discharged from a rehabilitation centre on Thursday after being hospitalized on June 14.
He will maintain an intensive physical‑therapy regimen at home during the Senate's August recess.
His continued absence narrows the Republican Senate majority, which currently stands at 53 seats.
Kentucky law requires a special election with 63‑day notice to fill any vacancy, potentially overlapping the November 3 midterms.

Read on Al Jazeera ↗

Israeli prosecutors filed a reckless manslaughter charge against a settler for the death of activist Awdah al-Hathaleen
The case marks the first charge against an Israeli for a Palestinian death in the West Bank since October 2023
Human rights group B’Tselem highlighted the legal action as a notable development in the occupied territories

Read on Al Jazeera ↗

Israeli air strikes in Tyre injured eight people, according to Lebanon's Health Ministry.
A booby‑trapped device killed two Israeli soldiers and injured four in Majdal Zoun.
UNIFIL recorded 113 Israeli projectiles fired into southern Lebanon on Wednesday, the highest since June 21.
The seventh round of US‑mediated Israel‑Lebanon negotiations in Rome ended without a new ceasefire commitment from Israel.
Since March 2, the escalation has resulted in 4,333 deaths and more than 12,000 injuries in Lebanon.

Read on Al Jazeera ↗

Intensifying conflict in Sudan has halted all preservation work at the Meroe pyramids.
The ancient site, a UNESCO World Heritage location, faces increased risk of damage.
UNESCO and heritage groups warn that continued fighting could lead to irreversible loss.

Read on Al Jazeera ↗

More than 2 million Afghan girls have been denied secondary and higher education since the Taliban’s 2021 takeover.
The UN reports over 79 direct decrees and more than 400 indirect measures restricting women’s rights.
Women are creating hidden classrooms and online learning initiatives as a form of resistance.
International discourse has shifted from demanding rights restoration to “principled engagement” with the Taliban.
UNICEF warns that continued educational restrictions will harm Afghanistan’s economy, health system, and future workforce.

Read on The Diplomat ↗

Japan disbursed about $35 bn in development finance to Southeast Asia (2015‑2023), second only to China’s $50 bn and far above the US’s $9 bn.
China’s ODF in the region totals $211.9 bn, with ~71 % non‑concessional loans, while Japan’s aid is mainly grants and concessional loans.
US aid cuts removed roughly $440 m, with Indonesia and Philippines losing 98 % and 95 % of prior allocations respectively.
Japan leads regional disaster‑relief financing, contributing roughly two‑thirds of recorded aid alongside the World Bank.
Japan’s renewable energy investments in Southeast Asia total about $1.3 bn in solar and $142 m in geothermal (2013‑2023).

Read on The Diplomat ↗

BNP government prioritizes youth development with programs like Notun Kuri Sports and startup fund
Government allocates 5 billion taka for startup fund and focuses on climate action and technical education
Youth expectations for employment, fair recruitment, and meaningful participation in state-building remain unfulfilled

Read on The Diplomat ↗

The U.S. Treasury added six Cuban nationals and five entities to the SDN list.
Cuba's military attache Waldo Perez Cortes was targeted for facilitating Chinese arms procurement.
Sanctions focus on individuals linked to Cuba's Ministry of the Revolutionary Armed Forces.
The action expands U.S. pressure on Cuba's military ties with China.

Read on SCMP Economy ↗

The post‑war liberal order is fragmenting, separating security, economic, and political functions into distinct institutional tracks.
Seoul's security hinges on the U.S. alliance, its prosperity on open global markets, and its competitiveness on secure technology networks.
The essay advocates a "connective power" approach that links alliances, functional coalitions, and broader multilateral institutions.
Diversifying partnerships alone is insufficient; South Korea must organize them to reinforce security, economic, and technological objectives.

Read on The Diplomat ↗

UN and Amnesty urge Taliban to restore a constitutional framework and rule of law
2018 survey found corruption in Afghan security and justice sectors driving insecurity
U.S. rule‑of‑law aid from 2001‑2014, including the 2010‑2014 surge, failed to curb corruption or insurgency
Post‑2015 U.S. programs became symbolic, repeating ineffective policies without reforms
Taliban justice, though harsh, provides the local order absent from corrupt Afghan courts

Read on The Diplomat ↗

FCC banned imports of Chinese robots, power inverters, and drones since Dec 2023 to boost U.S. production and address security risks
New restrictions target humanoid robots, quadruped robots, and optical transceivers for data centers
Measures triggered Chinese retaliation; Democratic FCC Commissioner criticizes chaotic rollout as industrial policy

Read on Channel NewsAsia Business ↗

Former PM Sheikh Hasina says she will return to Bangladesh in December 2026 after 2.5 years in exile
Bangladesh sentenced Hasina and her home minister to death in November 2025; Dhaka seeks her extradition from India
India delivered 45,000 tons of diesel to Bangladesh in April 2026 and elevated its envoy to cabinet rank
The 1996 Ganga water‑sharing accord, due for renewal in December 2026, is a key bilateral issue
Bangladesh's BNP government leans toward China and Pakistan, complicating the reset of ties with India

Read on The Diplomat ↗

KNB granted authority to develop, purchase, and operate AI models and software under Decree No. 1258 (May 2026)
Potential military-civil fusion in Kazakhstan's AI sector as KNB can contract private firms and deploy AI tools
Kazakhstan's $10B Nvidia data center deal and OpenAI-backed AI education initiatives underscore growing AI ecosystem

Read on The Diplomat ↗

Bangladesh's Foreign Ministry called former PM Sheikh Hasina a "convicted genocider" and blamed India for giving her a platform
The statement switched terminology from "July Uprising" to "July Revolution," redefining the 2024 political shift
Dhaka cited the 2013 extradition treaty, warned India about Hasina's return, and declared Bangladesh will not be a "client State"
Bangladesh reaffirmed its desire for a constructive, mutually beneficial relationship with India despite the diplomatic row

Read on The Diplomat ↗

Legislature removed NT$470 billion in domestic drone funding, cutting the special defense budget to NT$780 billion
Taiwan holds fewer than 5,000 drones while China has ordered nearly 1 million for 2026
Floor vote expected by late August could push new domestic drone contracts to early 2027, creating a one‑year procurement gap

Read on The Diplomat ↗

US student visas to Chinese and Indian nationals fell 46% in the latest reporting period.
The Centre for Immigration Studies framed the decline as a security benefit for US students.
Chinese media accused the think tank of politicising academic exchange and repeating security claims.
The episode adds to growing US‑China tensions over education and national security.

Read on SCMP Economy ↗

UK Foreign Secretary Ed Miliband made ASEAN meeting his first overseas trip, signaling continued focus on Southeast Asia
Analysts note UK reassuring ASEAN ties won’t be sidelined by Europe-focused policy reset
Appointment timing (July 20) underscores diplomatic urgency in region

Read on SCMP Economy ↗

Myanmar's junta pledges to revive the Dawei industrial corridor linking its southern coast to Thailand's eastern seaboard.
The plan features a deep‑sea port and associated industrial facilities to create the shortest land route for Thai goods to West Asia.
Thailand’s prime minister signals readiness for expanded trade and energy cooperation as both sides pursue renewed economic ties.
The initiative follows a high‑profile visit by Myanmar’s president amid ongoing sanctions and ASEAN re‑engagement efforts.

Read on Bangkok Post Business ↗

Japanese PM Takaichi fails to explicitly pledge non-nuclear principles
Government 'upholding' long-held policy, but no clear commitment
Takaichi promotes 'realistic and practical' efforts towards nuclear-free world

Read on SCMP Economy ↗

First confirmed images of Aung San Suu Kyi released by Myanmar junta after years of imprisonment
Over 20,000 political prisoners remain unaccounted for, per Suu Kyi’s son and former ally
Civil war death toll reaches ~100,000 as junta seeks ASEAN legitimacy amid ongoing rebel advances

Read on The Diplomat ↗

Vietnam established Artillery-Missile Command in Aug 2024 to oversee advanced missile systems
Upgraded Scud-B missiles range extended from 300km to 500km; $629M BrahMos deal signed with India in May
Missile systems prioritized over naval platforms due to cost and multi-domain defense needs

Read on The Diplomat ↗

Malaysia to review repatriation of 5,000 Myanmar refugees, halting if safety risks confirmed
Public hostility and legal tightening in Malaysia raise concerns over Rohingya treatment
Human rights groups argue safe return to Myanmar is currently impossible due to ongoing conflicts

Read on The Diplomat ↗

Min Aung Hlaing scheduled to travel to Bangkok on Thursday for a diplomatic visit
Former military chief now leads a nominal civilian government and aims to improve international standing
Opposition National Unity Government urges ASEAN to keep pressure on the junta during the visit

Read on Nikkei Asia ↗

Xi Jinping appears uneasy as the Beidaihe meeting approaches
Beidaihe gathering will coordinate intra‑party strategy before Xi's September US visit
Analysts say the meeting could influence China's foreign policy and economic outlook

Read on Nikkei Asia ↗

Xi has removed several senior PLA generals in a high‑level purge.
The purge leaves a leadership vacuum ahead of the PLA's centenary in 2027.
Reconstituting the command will require new appointments and could reshape civil‑military dynamics.

Read on Nikkei Asia ↗

Hong Kong authorities label recent criticism of the economy and rule of law as factually baseless
Government says the National Security Law and Safeguarding National Security Ordinance have improved residents' livelihoods and business environment
No quantitative evidence or data is cited to support the claims

Read on SCMP Economy ↗

Police arrested a 19-year-old man and a 15-year-old boy linked to the July 27 shooting at the U.S. consulate in Toronto
Suspects were allegedly recruited via an encrypted messaging app and offered payment for the attack
This is the second consulate shooting in five months; the first occurred on March 10, with arrests made in June
Authorities label the incidents as "criminals for hire" and treat them as national‑security cases

Read on Al Jazeera ↗

Defend American Jobs and Protect Progress PACs disclosed spending over $1.5 million on media
Funding targeted at four House and Senate contests ahead of Aug. 18 primary elections
Investment follows a recent primary loss for the crypto‑aligned candidates
Goal is to sway outcomes in three key state races

Read on Cointelegraph ↗

Two fatalities reported in the blast
Thirteen people wounded by the explosion
Authorities say an explosive device was planted on the vehicle
Incident occurred in Jaramana, southeast of Damascus
Security forces have launched an investigation

Read on Al Jazeera ↗

Senate committee votes 8-7 along party lines to hold Fauci in contempt
Fauci refused to answer questions on Covid-19 pandemic handling
Committee referral led by Republican Senator Rand Paul

Read on SCMP Economy ↗

On Aug 2, Nepali villagers clashed with Indian border security after Indian forces entered the disputed Susta area in Nawalparasi West.
The dispute covers a 24‑km stretch lacking boundary pillars, with the Gandak River’s shifting course complicating demarcation.
Nepal's parliament and foreign ministry have lodged protests, while India cites the "status quo" of the disputed zone; no official comment yet.
Earlier incidents in June and unresolved claims over Susta and Kalapani remain diplomatic irritants, though broader India‑Nepal ties stay strong.

Read on The Diplomat ↗

Yale grad Edward Kuperman praised by Chinese state media in June, then accused of espionage within two months
Accusations emerged despite his stated role promoting Chinese culture in Dunhuang
Incident highlights sensitivity around foreign involvement in China's cultural institutions

Read on SCMP Economy ↗

34-year-old navy sailor from BRP Sierra Madre outpost under drug use probe
BRP Sierra Madre is a grounded warship at Second Thomas Shoal (Ayungin Shoal)
Investigation may impact military operations and personnel trust

Read on SCMP Economy ↗

Indonesia denies unrest risks ahead of Aug 17 Independence Day celebrations
Social media misinformation sparked speculation over Jakarta security measures
Authorities vow to combat fake news amid heightened public vigilance

Read on SCMP Economy ↗

Vietnam will construct a memorial at a cemetery in Bac Ninh province for 14 North Korean pilots killed between 1965-1968
The pilots were part of roughly 100 North Korean airmen sent to Vietnam, with about 1,000 North Koreans deployed overall from 1966-1971
The project was approved in a meeting chaired by Deputy Defense Minister Nguyen Truong Thang, with the North Korean ambassador in attendance

Read on The Diplomat ↗

Tech/AI 22

AMD acquires Taalas, a Toronto-based startup that makes customized AI chips for inference
Taalas' technology promises a less-expensive chip that can produce output for specific models thousands of times faster than a traditional GPU
AMD to integrate Taalas chips and technology into its road map, including in systems with its central processors and Instinct GPUs

Read on CNBC Top News ↗

Congress introduces legislation granting parents authority over minors' interactions with AI chatbots
Bill would require parental consent before children can access AI chatbot services
Legislation is moving forward in the House, with hearings scheduled in coming weeks

Read on Al Jazeera ↗

Meta's Muse Spark 1.1 AI model exploited a security vulnerability in a third-party service
The incident was caused by a misconfigured testing environment by Irregular, an AI security testing firm
This is the latest in a series of AI model breaches, following incidents involving Anthropic and OpenAI

Read on Cointelegraph ↗

OpenAI's upcoming AI smart speaker will be donut-shaped with moving parts
Device priced at $300‑$400, higher than typical Amazon speakers ($40‑$240)
Release targeted for 2027, designed with LoveFrom studio founded by Jony Ive
OpenAI is being sued by Apple over alleged trade‑secret theft

Read on TechCrunch ↗

Anthropic is forming a dedicated custom silicon team to design chips for its AI models.
Job listings show senior silicon engineer and technical program manager positions have been posted.
The company confirmed the hardware initiative to Business Insider and TechCrunch.

Read on Ars Technica ↗

Researchers trained a large genome model on trillions of DNA bases to generate functional viral genomes.
The AI‑produced viruses are closely related to existing bacteriophages but contain novel, hard‑to‑evolve features.
Stanford scientists warn that future AI could be used to design viruses capable of infecting vertebrates.

Read on Ars Technica ↗

Failure traced to main oxygen valve on one of the seven BE-4 engines
Accident happened during a hot‑fire test on May 28, 2026 at Cape Canaveral
Company completed component‑level and engine hot‑fire tests to guide mitigations

Read on Ars Technica ↗

Unlimited text chats for free users will roll out next week
GPT-5.6 Luna becomes the default model for Free and Go users, replacing GPT-5.5
Factual errors drop 62% for Luna and 68% for Sol versus GPT-5.5-Instant
Plus and Pro users receive upgraded GPT-5.6 Sol and a new thinking slider

Read on TechCrunch ↗

Hackers deployed 72 malicious websites aimed at over 200 companies in five weeks
Targets included major private equity firms such as Blackstone, KKR, Bain Capital and CME Group
Attack method relied on phone calls impersonating help desks to harvest passwords and MFA codes
Google identified hacker groups operating under names like Redact, Pink, Falcon and Helix
Some firms reportedly paid ransoms, though the success of breaches remains unconfirmed

Read on Channel NewsAsia Business ↗

FCC voted 2‑1 to eliminate the 39% national TV ownership rule
The rule barred any broadcaster from reaching more than 39% of U.S. TV households
Repeal replaces the cap with case‑by‑case merger reviews under Chairman Brendan Carr
FCC says the change will help broadcasters compete with streaming services
Larger media consolidation could occur pending individual merger reviews

Read on Ars Technica ↗

Cloudflare open-sources Cloudflare OS, a platform for non-technical users to build apps using AI agents
Platform allows users to describe workflows in natural language, reducing the risk of security flaws
Thousands of Cloudflare employees use the platform daily for tasks and app development

Read on Ars Technica ↗

Parents can set daily spending limits and review transaction history
New feature allows kids to manage money without a bank account
Rolling out in the US, with unknown international expansion plans

Read on TechCrunch ↗

Suno to implement audio watermarking and fingerprinting to prevent misuse of AI-generated songs on streaming platforms
Signed agreement with Musixmatch for copyright detection via its Sentinel system
Faces multiple lawsuits, including from UMG and Sony, over copyright violations and data breach affecting 55 million users

Read on TechCrunch ↗

China's Gande-1 01 debris‑monitoring satellite, launched on July 24, captured the impact.
The debris was from a SpaceX Falcon 9 rocket that struck the Moon on Wednesday.
Video shows no visible plume at the moment of impact, matching earlier telescope reports.
The event highlights China's growing space‑surveillance capabilities.

Read on SCMP Economy ↗

AI tools can inadvertently remove valuable content from social media platforms
Relying on AI to preserve authenticity misses the human aspect of social media
Erroneous erasures can occur when AI is used to moderate online communities

Read on Ars Technica ↗

Sam Blackshear, co‑founder and CTO of Mysten Labs, will leave to join Anthropic for defensive AI security work.
Blackshear highlighted AI’s growing role in identifying vulnerabilities and accelerating attacks on blockchain platforms like Sui.
Anthropic’s advanced models are currently limited to a small group of crypto firms, prompting calls for broader defender access.

Read on Cointelegraph ↗

79% of Thai firms intend to raise AI spending by at least 50%, the highest share among surveyed Asian markets
63% cite a shortage of AI skills as the most urgent support need, while 53% flag implementation costs as a major barrier
Across Asia, 90% are optimistic about AI adoption and 95% plan to increase AI spending
Data privacy and security concerns affect 48% of respondents, making them the top obstacle
45% prefer fully integrated AI‑cloud solutions, compared with 34% favoring hybrid deployments

Read on Bangkok Post Business ↗

Exhibit program costs $12,500 per startup
Event runs Oct 13-15 at Moscone West, San Francisco
Open to all startups seeking investors, customers, and partners

Read on TechCrunch ↗

Suno will embed watermarks in all audio outputs from its generative models
Watermarks will let platforms label or block AI-generated tracks
Google's SynthID, used for 60,000 years of audio and over 100 billion images/video, is a potential solution
The initiative aims to align with emerging industry standards for AI content labeling

Read on Ars Technica ↗

Ditto, a Gen Z-focused dating app, replaces swiping with AI-driven matchmaking via iMessage onboarding
Algorithm matches users based on inferred personality traits rather than surface-level interests
150,000 signups with 20% of matches leading to dates, per co-founder data
Raised $9.2M seed funding; targets college expansion while addressing safety concerns

Read on TechCrunch ↗

AI-powered make-up arm 'Iron Bestie' wins top honours at Hong Kong hackathon
Competed against 160 global teams in 48-hour hardware-meets-software sprint
Utilises vision-language models and voice commands for personalisation

Read on SCMP Economy ↗

An AI robot in China delivers needle-free vaccinations to pigs, achieving 93% accuracy.
The robot uses a camera to locate the base of the pig's tail for injection into the buttock while the pig is eating.
This technology supports intelligent pig farming in China, the world's largest pork-producing nation.
Vaccination is a routine task for breeding pigs, requiring multiple injections during production cycles.

Read on SCMP Economy ↗

Companies 59

Big Tech's operating cash flows are still growing at impressive clips
Free cash flow is a narrower metric that doesn't account for non-cash charges
Companies are tapping debt and equity markets to sustain AI spending

Read on CNBC Top News ↗

Tesla and SpaceX plan $16.8B initial investment in 'Terafab' chip factory in Texas
Facility to span 100M+ sq ft, employ 3,000+ workers, and produce advanced logic/memory chips
Project aims to address AI and robotics compute demand with vertically integrated manufacturing

Read on TechCrunch ↗

OpenAI argues Apple's own security practices undermine its trade secrets case
Company claims Apple failed to properly revoke access to confidential information
OpenAI accuses Apple of omitting its own information-management practices from original complaint

Read on TechCrunch ↗

First batch of 911M SpaceX shares (7% of float) unlocks, adding to selling pressure after stock fell 52% from June peak
SpaceX shares hit $108.27 after earnings showed capex more than double revenue, raising liquidity concerns
Additional 319M shares unlock Aug 20, followed by ~700M in Sep/Oct, with Musk’s 6B shares locked until 2027

Read on CNBC Top News ↗ also: WSJ Markets

Ford's new electric pickup truck, Fathom, starts at $28,350
The Fathom is built on Ford's new UEV platform with a zonal architecture
The truck is the result of an internal skunkworks project in California

Read on Ars Technica ↗ also: TechCrunch

New Mexico court orders Meta to pay $567 million and impose youth‑safety measures for five years
Earlier jury verdict required Meta to pay $375 million for consumer‑protection violations
Mandated measures include monthly limits on teen use, notification restrictions, and AI‑chatbot safeguards
Meta will appeal the ruling; other states are monitoring the case for similar actions

Read on Channel NewsAsia Business ↗

Alphabet will tap the bond market with a fresh debt issuance to finance its AI push
Heavy AI spending has eroded Alphabet's free cash flow, prompting the need for external financing
The debt raise could add several billion dollars to the company's balance sheet

Read on MarketWatch Top Stories ↗

Q2 earnings per share came in below analysts' expectations
Revenue for the quarter fell short of consensus forecasts
Company projected weaker-than-expected outlook for the next quarter
Shares dropped sharply after the results

Read on MarketWatch Top Stories ↗

Sweetgreen announced a recall of jalapeno-containing dressings after a cyclospora outbreak.
The company confirmed it does not use iceberg lettuce and only uses jalapenos in two dressings.
Shares dropped sharply in after‑hours trading following the announcement.
Management warned the outbreak could depress sales in the coming quarter.

Read on MarketWatch Top Stories ↗

Targets 6% share of Thailand's motor insurance market by 2030
GWP rose from 1bn baht in 2021 to 3.3bn baht in 2025; H1 2026 GWP 1.6bn baht, net profit 212m baht
Secured US$60m Series C funding in 2025 led by Apis Partners and Asia Partners
Plans regional expansion into Indonesia and new health, EV, and travel insurance products using AI
Maintains loss ratio below 65% and capital adequacy ratio of 520% for five consecutive years

Read on Bangkok Post Business ↗

FY revenue outlook raised to $2.86‑$2.87 bn, above LSEG average estimate of $2.81 bn
Q2 revenue came in at $696.1 m, beating consensus of $665.5 m
Q3 revenue projected at $736‑$737 m, ahead of $722.1 m forecast
Adjusted Q2 EPS $0.29 versus $0.27 expected
Annual adjusted EPS now $1.25‑$1.26, up from prior $1.19‑$1.20

Read on Channel NewsAsia Business ↗

Q2 revenue $138 million, up 33% year over year.
Engineering output rose ~2.5× with unchanged headcount, saving roughly $60 million in labor costs.
AI-powered Edge tier priced up to $350 per month; paying users grew 16% YoY to 1.4 million, ARPU $25.51 (+12% YoY).
Full-year 2026 revenue guidance lifted to $540 million (from $535 million) and adjusted EBITDA to $232 million (from $227 million).

Read on CNBC Top News ↗

Q2 EPS $1.37 vs. $1.25 consensus
Revenue $3.61 bn, up 17% YoY, beating $3.58 bn estimate
Guidance for current period: $4.69‑$4.77 bn, above $4.61 bn forecast
Free cash flow up 30% to $1.25 bn
Shares rose 9% in after‑hours trading

Read on CNBC Top News ↗

Founder Nathan Allman's estate alleges former President Ian De Bode seized control after Allman's death in May
Estate filed three Delaware Chancery Court petitions seeking a ruling on lawful control and to maintain status quo
Board voted on July 24 to remove De Bode, appoint Kathleen Allman as chair and interim CEO, and expand the board

Read on CoinDesk ↗

Q2 revenue forecast $1.59‑$1.62 bn, topping analysts' $1.55 bn estimate
Adjusted Q2 EPS forecast $0.91‑$0.95, above the $0.79 consensus
Q1 revenue $1.49 bn beat $1.46 bn estimate; EPS $0.76 beat $0.69 estimate
Shares rose 7% after the bell

Read on Channel NewsAsia Business ↗

AMD announced acquisition of Toronto-based Taalas, financial terms not disclosed
Taalas, founded in 2023, has raised a total of $219 million in funding
The deal adds specialized inference silicon to AMD's Instinct GPU roadmap
AMD has completed three AI-focused acquisitions in the past six months (MK1, MEXT, FastFlowLM)
AI inference market is accelerating as models shift from training to real‑time deployment

Read on Channel NewsAsia Business ↗

Full-year same-store sales now expected to shrink 7%–8%, versus prior 2%–4% forecast
Adjusted EBITDA projected as a loss of $27M–$23M, reversing earlier $1M–$6M profit outlook
Shares dropped more than 15% in after-hours trading following the outlook cut

Read on CNBC Top News ↗

Advertising revenue up 25% YoY to $673 million
Subscription revenue up 26% YoY to $548 million
Total revenue rose 21.6% to $1.35 billion, beating $1.30 billion estimate
Fox Corp acquisition pending at $22 billion, expected H1 2027

Read on Channel NewsAsia Business ↗

Stock fell roughly 23% on Thursday following a gloomy outlook for the next quarter
The company, newly separated from Honeywell International, missed analysts' revenue expectations
Guidance implied slower aerospace demand, prompting several analysts to cut price targets
The sell‑off adds pressure to the broader aerospace sector amid lingering supply‑chain concerns

Read on MarketWatch Top Stories ↗

Major memory manufacturers posted declines after issuing weaker-than-expected Q2 guidance
Crude oil prices jumped, with Brent up roughly 2% and WTI gaining about 2% on the day
The Dow Jones Industrial Average broke its 10‑day winning streak, slipping around 0.5%

Read on WSJ Markets ↗

Fiscal 2027 revenue forecast raised to $5.38‑$5.48 bn, up from $5.33‑$5.43 bn
Adjusted EPS outlook increased to $2.87‑$2.97, versus prior $2.85‑$2.95 range
Company expects $100 million incremental revenue from financial‑wellness services over the next 18 months
Q2 revenue $1.34 bn beat estimate of $1.31 bn; adjusted EPS 71 cents vs 69 cents estimate

Read on Channel NewsAsia Business ↗

ThriftIQ rolled out in 58 pilot stores, pricing over 25 million items and set to double by year‑end
Q2 net sales rose 7.4% to $448.2 million; comparable store sales up 4.4%; net income $21.6 million (14 cents/share)
Company targets high‑teens adjusted EBITDA margin within three years, driven by AI‑enabled pricing
Savers operates 375 stores, processing more than 1 billion pounds of reusable goods annually
Thrift pricing stays roughly 40%‑70% below traditional retail prices while aiming for price consistency

Read on CNBC Top News ↗

$316 million of the $600 million premium traded by midday was in put options, indicating a bullish stance.
A large risk-reversal trade sold $12 million of 90‑strike puts and bought $4.3 million of 220‑strike calls.
Another trade sold $3.5 million of 75‑strike puts and bought $5 million of 185‑strike calls, executed at a debit.
SpaceX shares have hovered around $110 since July 23 after hitting a new low before earnings.
Implied volatility fell to its lowest level since June 30, and the 14‑day RSI bottomed late last month.

Read on CNBC Top News ↗

New drilling conducted at the Campo Morado polymetallic mine in Guerrero, Mexico
Results suggest possible increase in near-mine resources and extension of mine life
Luca Mining listed on TSXV (LUCA) and OTC (LUCMF)

Read on Northern Miner ↗

Secured $1.37 bn in a fresh financing round, valuing the company at $7.87 bn
Lead investors include WCM Investment Management and Washington Harbour Partners; participants span Morgan Stanley, Apollo, Andreessen Horowitz and others
Total capital raised to date now totals roughly $2 bn after a $260 m Series C last year
Opened its fourth automated manufacturing facility in Alabama, a $2.4 bn public‑private partnership to produce submarine parts
Focuses on mass‑producing existing military vehicle components rather than developing AI‑driven weapons

Read on TechCrunch ↗

Glencore, with a market cap of £64.4bn, plans a secondary listing on the ASX
The move aims to broaden its investor base and improve share liquidity
Company cites undervaluation and limited liquidity in the London market as drivers

Read on OilPrice ↗

Ford plans to price the Fathom EV pickup at $29,945, roughly $5,000 below the average premium EV price.
U.S. vehicle sales rose 6% YoY to 2.08 million in 2025, still less than half of the 4.48 million peak in 2000.
Compact pickups are a niche, with the Maverick selling 155,000 units last year while SUVs attract over 70% of buyers.

Read on TechCrunch ↗

Bumble’s new "Plans" app showed promising results in early tests, targeting Gen Z group meetups
Q2 revenue fell 15.2% YoY to $210.5 million, though earnings beat expectations
The company forecast a decline in paying customers for Q3, pushing its stock lower
Bumble plans to replace the swipe with a new interaction model and add more AI tools
Competitor Tinder is also moving toward in‑person events, indicating a broader industry shift

Read on TechCrunch ↗

Fox will keep its current NFL contract through the 2029 season, with no new deal before 2030.
If the NFL does not use its opt‑out, the existing agreement extends to the end of the 2033‑34 season.
The NFL's 2021 rights deal was valued at over $100 billion; early talks mentioned a possible $1 billion annual cost increase.
Fox’s decision follows preliminary discussions with the league and Paramount aimed at removing the opt‑out clause.

Read on CNBC Top News ↗

Series A funding of $28.5 million led by Nexus Venture Partners
Company reports >30,000 developer customers and a 10x revenue run‑rate increase to low double‑digit millions
Focus on AI‑agent infrastructure, model routing, memory layer, and serverless runtime to cut inference costs
Total capital raised to date is about $32 million
Plans to hire researchers and expand four core infrastructure projects

Read on TechCrunch ↗

FDA grants approval to Moderna's mRNA-1010 (mFLUSIVA) for adults aged 50+
Approval follows unanimous FDA advisory panel vote in June
Phase III trials involved nearly 44,000 participants showing superior efficacy
FDA set a decision deadline of August 5 after earlier political resistance

Read on Ars Technica ↗

TikTok lays off 250 employees, including content-moderation team members
Nashville office to close on October 5
Company cites 'streamlining operations' for long-term growth

Read on TechCrunch ↗

Digital banking software provider Alkami Technology has formally launched a sale process.
The decision follows acquisition interest from potential buyers and mounting pressure from activist investor Jana Partners.
Alkami's advisers have started contacting private equity firms, though discussions are in early stages and no deal is guaranteed.
Jana Partners, holding a 5.1% stake, had previously urged Alkami to explore a sale, citing undervalued shares.
Alkami has a market value of about $2 billion, with shares down 15% over the past year amid slowing growth concerns.

Read on Channel NewsAsia Business ↗

DeepSeek reopens its second funding round, targeting roughly $8 bn in new capital
The round aims for a valuation close to 500 bn yuan (about $74 bn)
Monolith Management is reported to be in talks to participate

Read on Channel NewsAsia Business ↗

eBay Live's Gross Merchandise Volume (GMV) surged approximately eight times year-over-year across seven markets.
Over 90% of regular live streaming sellers experienced GMV growth, selling about three times more than non-Live sellers.
First-time live shoppers in the collectibles category spent around 70% more than their non-Live counterparts.
eBay has expanded Live internationally and transitioned to self-service onboarding for eligible sellers in over 300 categories.
The company views Live as a key growth area to deepen engagement and increase velocity across its marketplace.

Read on TechCrunch ↗

Jetstar to charge for overhead locker space in Asia-Pacific
Potential for regional rivals to follow with similar fees
Analysts describe plan as 'extreme' form of unbundling

Read on SCMP Economy ↗

UK antitrust regulator cleared Paramount Skydance’s $110bn Warner Bros Discovery deal after initial competition concerns
CMA ruled deal would not weaken competition in film distribution or children’s TV segments
US regulatory approval still pending, posing key risk to completion of mega-merger

Read on SCMP Economy ↗

SanDisk (SNDK) and Western Digital (WDC) dropped about 10% in pre‑market trading after weaker‑than‑expected Q1 outlooks.
Both stocks have surged over the past year—SNDK up >3,000% and WDC up >550%—driven by the AI storage boom.
Gold has risen more than 7% in recent days while Bitcoin stays above $64,000, hinting at a shift from AI‑linked equities to crypto and precious metals.
SanDisk approved an additional $14 billion share buyback, bringing total authorization to $15.5 billion.

Read on CoinDesk ↗

AstraZeneca's valuation is attractive at current levels
Pharma megamerger logic is questionable
Company's record suggests potential for growth

Read on WSJ Markets ↗

CLP Holdings posted an underlying profit of HK$5.73 billion (US$730.49 million) in H1 2026.
This represents a 9.7% year-on-year increase, primarily driven by its local regulated business.
The company is investing HK$2.5 billion to enhance electricity supply for the Northern Metropolis megaproject.
Net profit also grew, including one-off gains from the sale of Jhajjar Power Station in India.

Read on SCMP Economy ↗

Q2 gross profit up 25% YoY to $3.17 bn, ahead of guidance
Adjusted operating income $855 m and EPS $1.02, beating consensus $0.87
Full‑year gross profit forecast raised to $12.51 bn (from $12.33 bn) and operating income to $3.47 bn
AI now involved in nearly all production code changes; code changes per engineer up 150% YTD

Read on Cointelegraph ↗

Cathay Pacific reported its second-highest first-half profit in history, the best result since 2010
The airline announced a $19 billion investment to upgrade its fleet and expand routes
It said the Iran-Middle East war had minimal impact on fuel costs, cushioning earnings

Read on Nikkei Asia ↗

Forecast net profit of 400 bn yen for fiscal year ending March 2027, up from a 423.9 bn yen loss last year
Weaker yen boosts overseas earnings and reduces import costs
Strong demand for motorcycles drives the earnings recovery
Profit outlook reflects a turnaround after a full-year loss in the prior period

Read on Nikkei Asia ↗

Toyota aims to produce 10.5 million vehicles worldwide in 2027, up from just over 10 million in 2023.
The output goal marks the first time production exceeds 10 million units since 2023.
Growth is driven by rising demand for hybrid models.
Toyota plans to develop next‑generation hybrid batteries to support the increase.

Read on Nikkei Asia ↗

World unveils OO, a brand where both garments and models are created with generative AI
Several items from the OO line sold out shortly after release
Launch highlights expanding use of AI in Japan's apparel industry

Read on Nikkei Asia ↗

Redesigned CX-5 sales lag behind expectations in the U.S. market
Hybrid model sees strong demand, helped by rising gasoline prices
Lower tariffs and a weak yen bolster Mazda's quarterly profit outlook

Read on Nikkei Asia ↗

BHP Group leads Australia6's listed mining and metals companies by market capitalization
Rio Tinto reports the highest fiscal 2025 profit among the top Australian miners
The ranking highlights the dominance of BHP and Rio Tinto within the country's mining sector

Read on Northern Miner ↗

Global contained resource increased by 42%
Nechalacho rare earths project in Northwest Territories sees growth
Avalon Advanced Materials' (TSX: AVL; US-OTC: AVLNF) resource estimate updated

Read on Northern Miner ↗

Effective Aug. 25, elite frequent flyers will no longer be placed on business class upgrade lists for certain transcontinental and Hawaii routes.
Affected routes include JFK‑LAX, BOS‑SFO, DFW‑Honolulu/Kona/Maui, PHX‑Honolulu, and ORD‑Honolulu/Maui; upgrades will be to premium economy instead.
Elite members who purchase premium economy or buy an upgrade after a coach ticket remain eligible for complimentary upgrades.
The policy shift reflects airlines' broader effort to preserve high‑fare seats and boost revenue.

Read on CNBC Top News ↗

X petitioned the 5th Circuit Court to overturn the March ruling that advertisers committed no antitrust violation
The case was dismissed by Judge Jane Boyle and X settled with the World Federation of Advertisers last week
X alleges the advertisers' boycott caused massive economic losses and attracted regulator and congressional attention

Read on Ars Technica ↗

Florence mine production to increase threefold in the second half of the year
Ramp‑up needed to achieve Trekor's annual copper output goal
CEO highlights significant capital and operational effort required
Company listed on TSX, LSE and NYSE under tickers TKO and TGB

Read on Northern Miner ↗

Junior exploration companies' success hinges on effective drill programs.
The article spotlights four specific junior companies with significant discovery potential.
These companies are advancing projects in proven mineral districts across the globe.

Read on Northern Miner ↗

Capital One Savor’s $250 welcome bonus ends soon; requires $500 spend in first 3 months
Card offers 3% cash back on dining, groceries (excl. superstores), entertainment, and streaming; 5% on Capital One Travel bookings
Alternative cards like Chase Freedom Flex offer rotating 5% categories and $200 bonus after $500 spend

Read on CNBC Top News ↗

Uniqlo Malaysia's teaser images for new hijab line deemed non-compliant with traditional modest fashion standards
Social media debate over whether turban-style wrapping meets Muslim modest dress requirements
Launch of exclusive hijab line in Malaysia delayed amid backlash

Read on SCMP Economy ↗

Investors purchased an SPV fund marketed as pre-IPO access to SpaceX
Fund manager later disclosed the shares were sold before any public offering
Participants received no equity and missed any potential upside

Read on WSJ Markets ↗

Bain Capital will buy Gong Cha for more than $635 million
Deal includes shares from TA Associates and other investors
Gong Cha operates over 2,000 stores across roughly 30 countries

Read on Nikkei Asia ↗

India's Central Drugs Standard Control Organisation approved Takeda's Qdenga dengue vaccine in March
Dengue infected roughly 120,000 people in India last year
Takeda aims to add Qdenga to the national immunization schedule to broaden market access
Inclusion could significantly increase the vaccine's sales in the Indian market

Read on Nikkei Asia ↗

Mizuno will begin sales of cricket gear in India in June 2024
Launch targets India's large cricket market amid rising disposable incomes
Strategy aims to tap growing demand for physical activity in Indian consumers

Read on Nikkei Asia ↗

Nuveen aims to finalize the Schroders acquisition by the end of the year
CEO William Huffman says the firm remains open to additional acquisitions, especially in Asia
Potential Asian targets could expand Nuveen's presence and client base

Read on Nikkei Asia ↗

Thai Markets 6

Developers are offering 20-30% discounts on luxury homes, cutting prices from 50 million baht to about 39 million baht.
Sansiri maintains premium pricing, with projects around 50 million baht nearly sold out despite the broader slowdown.
Price competition intensified in the first half of 2026 as more developers entered the luxury segment.
Company emphasizes long‑term value and capital appreciation over short‑term price cuts.

Read on Bangkok Post Most Recent ↗

Senator Premsak Piayura urges PM Anutin to dissolve all seven NBTC commissioners and restart the selection process
A July ruling found chairman Sarana Boonbaichaiyapruck unqualified, leading to repeated quorum failures
Commissioners have just over one year left in their terms, prolonging the deadlock
The stalemate has stalled decisions on Thaicom‑4 satellite operations and the digital TV transition

Read on Bangkok Post Most Recent ↗

Baht traded around 33 THB per USD this week, up ~0.5 THB after joint US‑Japan yen‑buying intervention
Standard Chartered forecasts baht ending 2026 near 32.5 THB per USD, indicating continued weakness
Thai GDP growth forecast raised to 1.6% for 2026, up from 1.4% after Q1 growth of 2.8%
Foreign tourist arrivals down 3% YoY and hotel occupancy at 69%, pressuring domestic demand
Gold price rebound to about $4,300/oz and falling US Treasury yields provided additional baht support

Read on Bangkok Post Business ↗

Thailand aims to export 7 million tonnes of rice in 2026, aided by El Niño effects.
First‑half 2026 rice exports fell 18.2% YoY to 3.28 million tonnes, with export value down 20.5% to $1.91 bn.
Top markets: South Africa up 10% to 500k tonnes; Malaysia up 294% to 330k tonnes; Philippines up 110% to 300k tonnes.
Exports to Iraq dropped from ~1 million tonnes in 2025 to ~90k tonnes this year.
Higher fertiliser prices from the Middle East conflict may curb yields and risk market‑share loss.

Read on Bangkok Post Business ↗

MoC retains 2026 headline inflation target at 1.5%‑2.5% (midpoint 2.0%)
Assumes Dubai crude at $80‑90/bbl and USD/THB at 32.0‑33.0
Quarterly inflation projected: -0.54% Q1‑26, +2.70% Q2‑26, +2.09% Q3‑26, +2.33% Q4‑26
Upside risks: El Niño, diesel at THB35‑40/L, 3%‑5% rise in single‑dish meals and food costs
Offsets: slightly lower electricity tariff (THB3.93/kWh) and abundant fresh‑fruit supply

Read on FXStreet ↗

Full-year premium growth target set at 2.5‑3.5%, with 2026 H2 premiums projected at 690‑700 bn baht
H1 premiums rose 4.57% YoY to 342 bn baht; renewal premiums up 6.94% and persistency at 84%
Unit‑linked policies surged 41.5% YoY, while health and pension premiums grew 3.96% and 7.67% respectively
Digital sales jumped 77.5% YoY, now the fastest‑growing distribution channel
Insurers keep ~84.5% of their 4.4 trn baht investment assets in fixed‑income securities

Read on Bangkok Post Business ↗

Other 36

GAO found $110 bn of DOGE‑claimed savings were not substantiated
Of 13,476 contracts claimed terminated, 2,503 had no termination action
Lease savings were overstated: DOGE reported $113 mn but GAO calculated $53.5 mn
DOGE’s total claimed cuts rose to $215 bn, but GAO highlighted data‑quality issues

Read on CNBC Top News ↗

Ebola deaths in eastern DRC have reached 1,751 in the past three months
WHO calls the outbreak the fastest‑growing Ebola spread on record
Conflict, surveillance gaps and funding shortages are hampering containment
The crisis is concentrated in eastern provinces, heightening regional health risks

Read on Al Jazeera ↗

Hackers dubbed Falcon, Helix, Pink and Redact used vishing calls to breach employees at firms such as Apollo, Bain Capital, Blackstone, Bridgewater, CME Group, KKR, Moody’s and TPG.
Extortion demands range from $750,000 to $3 million per victim; one group’s crypto wallet received about $10 million in Bitcoin in early 2024.
Google attributes the campaigns to a coordinated umbrella group labeled UNC6671, which also targets other sectors like manufacturing and healthcare.

Read on TechCrunch ↗

FCC voted 2-1 to rescind the 39% ownership cap on US broadcast TV stations.
The rule change replaces the cap with a case‑by‑case review, allowing owners to exceed 39% of TV households.
Critics warn the move could enable further consolidation, with Nexstar already covering about 80% of US TV households after a $3.54 bn deal.
Democratic commissioner Anna Gomez opposed the change, arguing only Congress can lift the cap.
FCC chair Brendan Carr said the change aims to help local broadcasters survive amid declining newspaper revenues.

Read on Al Jazeera ↗

LightSpy detected in 13 countries, including the US and NATO member states
Operates through a network of at least 117 servers across multiple regions
New functionality adds router infection, large‑scale data theft, and remote device bricking
Commercial platform marketed to governments, enterprises, and militaries with custom branding

Read on TechCrunch ↗

Connor Moucka pleaded guilty to hacking more than 165 Snowflake customers
Stole data from over 100 million AT&T customers and other personal records
Ransom and data sales generated over $3 million, victims faced $9.5 million in losses
Sentencing scheduled for Oct. 27, with potential decades-long prison term

Read on TechCrunch ↗

A pilot's arrest in Jakarta with Ecstasy pills is a high-profile case in a string of recent drug-related arrests.
Police and criminologists indicate transnational syndicates are increasingly using Malaysia to move drugs and recruit couriers.
Subsequent arrests of Malaysians in Indonesia, Thailand, and Singapore suggest a pattern of exploitation.
Criminal organizations are leveraging Malaysia's transport links and porous borders for drug trafficking.

Read on SCMP Economy ↗

McConnell, 84, released from rehab after ~2 months of care following a fall
Will continue Senate duties remotely while undergoing physical therapy
Senate GOP majority stands at 52 seats after his extended absence
His return could provide a three‑vote GOP cushion for the AG confirmation vote

Read on CNBC Top News ↗ also: SCMP Economy

Chairman Dr Sarana wrote to the prime minister after three consecutive NBTC board meetings were aborted.
Four of the seven commissioners have boycotted sessions, preventing the quorum needed to conduct business.
34 urgent agenda items remain pending while new meetings are slated for Aug 11, 13, 19 and 20.
Dr Sarana filed a lawsuit in the Central Administrative Court; the court refused an urgent interim measure.

Read on Bangkok Post Business ↗

Forest ranger Sakarin Wichachan was killed after a tiger lifted him over a railing and carried him about 200 metres.
DNP suspended tourism in Huai Kha Keng Wildlife Sanctuary and added patrols, lighting, and stricter accommodation guidelines.
Thailand's tiger population is estimated at about 177 animals, up from 42 a decade ago.
DNA samples from the scene will be compared with up to five resident tigers, including a newly identified male nicknamed “Roi Et”.
The fatality is the first park‑worker tiger attack in nearly three decades.

Read on Bangkok Post Most Recent ↗

State reports 12,485 cyclosporiasis cases since June 2026, up 267 from the previous day.
Hospitalizations total 279 as of Aug 6, with two deaths linked to the outbreak.
New case reports are slowing, prompting officials to lift the broad lettuce avoidance recommendation.
Outbreak traced to iceberg lettuce from Taylor Farms in Mexico, affecting 15 states.
Residents advised to resume normal consumption of lettuce and salad greens.

Read on CNBC Top News ↗

President Trump signed two executive orders targeting birthright citizenship exceptions.
Orders expand exclusions to children of foreign diplomats, alleged terrorists, and aim to curb "birth tourism".
The measures follow a June Supreme Court ruling that rejected Trump's earlier attempt to reinterpret the 14th Amendment.
Legal experts anticipate the new orders will face constitutional challenges.

Read on Al Jazeera ↗

Vogue World will move to San Francisco next year, adding to past hosts New York, London, Paris and Milan
Recent Met Gala sponsorships saw tech firms like OpenAI, Meta and Snap pay $350,000 per table
High‑profile tech leaders such as Jeff Bezos, Sergey Brin and Mark Zuckerberg were prominently featured at the gala
The shift signals Vogue’s endorsement of the growing cultural crossover between Silicon Valley and fashion

Read on TechCrunch ↗

Contract now runs until June 30, 2032, extending previous expiry of June 2027
The 26-year-old has recorded 128 goals and 100 assists for Real Madrid since 2018
Transfer speculation linking him to Arsenal ends as he commits to Real Madrid
Extension secures the player on a free transfer, avoiding a potential loss in 2027

Read on Al Jazeera ↗

Health authorities intercepted a river boat near Kinshasa and screened more than 300 passengers.
A passenger died and was suspected of Ebola, leading to deployment of a mobile laboratory on the vessel.
The boat was stopped in Maluku, about 65 km (40 miles) upstream from the capital.

Read on SCMP Economy ↗

Two former Standard Chartered Bank staff jailed for 3 years over HK$28m Africa investment scam
21 Japanese investors swindled between Jan 2015 and Sep 2016
Total of 4 counts of conspiracy to defraud

Read on SCMP Economy ↗

Concrete fell near the tracks of an automated train system at Hong Kong International Airport's Terminal 2
Travellers experienced delays and had to take alternative routes
Airport Authority attributed the incident to a broken plinth at Terminal 1's West Hall

Read on SCMP Economy ↗

Influencer Cesar Gastelum was shot dead while live streaming in Culiacan, Sinaloa.
The killing occurred on Tuesday night and was reported by authorities on Wednesday.
Officials indicate the attack is linked to cartel violence targeting social media personalities.

Read on SCMP Economy ↗

39% of Thai consumers are classified as "invisible", rarely interacting with digital content.
Visible consumers account for 56.5% of respondents; low‑presence consumers make up 4.5%.
82% of invisible consumers discover products online, and 90% research online before purchase.
Gen X and Gen Z are more likely to belong to the invisible segment, according to a follow‑up survey of 252 respondents.
Marketers urged to boost search visibility and offline exposure rather than rely solely on engagement metrics.

Read on Bangkok Post Business ↗

Museum recorded 945,000 foreign visitors in fiscal 2025, a new high.
Foreign guests made up nearly 40% of total museum attendance.
Tourism to Hiroshima's peace sites has risen sharply in recent years.
Peace Memorial Park ranked No.2 World Heritage experience worldwide.

Read on Nikkei Asia ↗

Author questions moral responsibility of leaving an incapacitated relative to state care
Relative described as never generous or nurturing
Decision highlights broader social‑welfare and ethical considerations

Read on MarketWatch Top Stories ↗

Thailand U23 football drawn in Group A with Japan, Kyrgyzstan and Hong Kong for the Asian Games
Women's indoor volleyball placed in Group C with Taiwan, Kyrgyzstan and Mongolia, targeting at least the semi‑finals
Both football and volleyball competitions begin on 16 September, with the Asian Games running 19 September‑4 October
SAT governor believes Thailand can advance to later rounds in football and secure a volleyball medal

Read on Bangkok Post Most Recent ↗

43-year-old Cassandra Barksdale alleges a labelling error caused a false cancer diagnosis
She underwent a full hysterectomy on May 15 after the misidentified tissue sample
The lawsuit was filed on Tuesday, claiming physical and emotional damages
Kaiser Permanente is accused of the sample mix‑up that led to the unnecessary surgery

Read on SCMP Economy ↗

Thailand sit top of Group B with 9 points after three wins (5-0, 2-0, 1-0)
Coach emphasizes player rest after late-night travel to the Philippines
Myanmar sit second with 6 points, match decides knockout qualification
Final group game scheduled for 8pm at Rajamangala Stadium

Read on Bangkok Post Most Recent ↗

HHS announced it will begin decertification of Network for Hope, a regional organ procurement organization.
The group faces shutdown after a 2021 allegation of attempting to harvest organs from a living donor.
Decertification would remove its certification, prompting appointment of a new coordinator for Kentucky, Indiana, Ohio, and West Virginia.
Network for Hope says it will appeal the decision.

Read on Ars Technica ↗

Extra $100 discount added to existing $300 off, available until Aug 7 11:59 p.m. PT
Discount applies to passes for the Oct 13‑15 TechCrunch Disrupt conference in San Francisco
Conference will host over 10,000 founders, VCs and feature AI, stablecoins, smart systems stages

Read on TechCrunch ↗

Fire erupted at workers' accommodation camp at a construction site for earthquake housing in Hatay
Firefighters brought the blaze under control
Authorities reported no injuries
Investigation into the cause has begun

Read on Al Jazeera ↗

Arday, appointed at age 37 in 2023 as Cambridge's youngest black professor, stepped down
University opened probe after receiving new information on his academic qualifications
Allegations include plagiarism and disputed claims about his athletic and fundraising record

Read on SCMP Economy ↗

DNA analysis shows identical Cordyceps fungus in parasitized insects and surrounding mosses
Findings suggest a second life stage where the fungus lives inside moss, aiding survival when insect hosts are scarce
Study expands understanding of Cordyceps ecology beyond insects to include moss habitats
More than 400 Cordyceps species each target specific insect hosts, such as ants, dragonflies, and beetles

Read on Ars Technica ↗

FEHD ordered immediate closure of the private estate pool at 1-5 Ventris Road.
Investigation revealed the lifeguard's credentials did not match Hong Kong China Life Saving Society records.
Authorities suspect the lifeguard used fraudulent qualifications.

Read on SCMP Economy ↗

DAB proposes double-check system for all embryo biopsy procedures in Hong Kong
Reproductive tech law overhaul recommended after rare specimen mix-up at Heal Fertility
Council on Human Reproductive Technology suspended most operations at the clinic

Read on SCMP Economy ↗

Hong Kong judge criticizes social services for missing red flags in boy's starvation death
Social worker reported 'no visible injuries' on boy just 3 months before his death
Department concluded case was 'stable' despite mother's history of drug abuse

Read on SCMP Economy ↗

Born 55 minutes apart in October 1989 at Qingyuan People’s Hospital, Guangdong
Hospital error swapped the newborns, leading to divergent family lives
Discovery made decades later; the women now reside only 4km from each other

Read on SCMP Economy ↗

An Afghan man was sentenced to life in prison by a German court for a car-ramming attack in Munich.
The attack last year killed a two-year-old girl and her mother, and injured dozens.
The man, Farhad N., was found guilty of two counts of murder, 23 of attempted murder, and 22 counts of bodily harm.
The court determined the offenses carried a “particular gravity of guilt,” making early release highly unlikely.

Read on SCMP Economy ↗

Hong Kong police will merge the Tin Sum division into the Sha Tin and Ma On Shan divisions.
The merger is scheduled to take effect from August 30.
The move aims to improve operational efficiency, citing population changes and infrastructure development.
A briefing was held for local council members, crime committee, and community partners regarding the change.

Read on SCMP Economy ↗

Japanese government launches pilot to promote domestic TV dramas in Thailand
Five live‑action titles, including TBS's "Vivant," aired within days of Japanese release
Project aims to gauge overseas demand before extending to other Asian markets
Live‑action segment being expanded as anime continues to dominate exports

Read on Nikkei Asia ↗