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Risk-on, driven by Middle East tensions and easing Fed rate-hike odds

  1. Houthi attack kills six in Red Sea as oil prices rise on heightened Middle East tensions · 4 sources
  2. IEA says Hormuz closure will cut oil demand by 1.6 million bpd in 2026, inventories falling · 3 sources
  3. Nebius Surpasses Estimates on AI Computing Demand
  4. U.S. CPI inflation slows to 3.4% in July, matching forecasts; bitcoin holds near $64,000 · 4 sources
  5. USD/JPY climbs to ~159.5 as Tokyo's record yen purchase is partially unwound · 3 sources

Markets 43

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  • USD/JPY trades near 159.5, up about 2 yen in four sessions after Tokyo's large-scale yen‑buying operation
  • Japan's Ministry of Finance spent 8.45 trn JPY in a single day, followed by an additional 5.3 trn JPY – the biggest one‑session intervention on record
  • Policy rate gap stays around 275 bps, keeping upward pressure on the dollar; resistance at 160.00, support at 159.00
  • July Japanese producer prices expected to accelerate to 7.4% YoY from 7.1%, bolstering a tighter BOJ stance
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  • GBP/USD holds firm near 1.3500 after US CPI matches market expectations.
  • Fed hold bets rise, but December hike chances remain at 73%.
  • UK GDP data could reshape BoE rate-hike expectations.
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  • EUR/USD slipped 0.17% to 1.1522 after hitting a two‑day high of 1.1563
  • US July CPI eased to 3.4% YoY (core 2.5%), lifting Fed rate‑hold odds to 60%
  • Germany HICP held steady at 2.8% in July, while energy prices stay elevated
  • Technical support seen around 1.1510‑1.1514; next resistance at 1.1849
  • GPFG reported a record H1 profit of $185 billion in 2026
  • Fund size stands at $2.3 trillion, making it the world’s largest sovereign wealth fund
  • Asian technology stocks were the primary drivers of the profit boost
  • Over 50% of the fund’s equity holdings are in U.S. companies
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  • July CPI posted 3.4% YoY and core 2.5%, both in line with expectations
  • Dow Jones briefly reached the 54,000 level before slipping to around 53,800
  • AI‑related stocks lifted the S&P 500 (+0.2%) and Nasdaq (+0.5%) while the Dow lagged
  • Energy prices fell 1.5% month‑over‑month, with crude oil holding above $83 per barrel
  • September 16 rate‑cut odds sit near 58% after the CPI release
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  • July headline CPI rose 0.1% month‑over‑month, in line with forecasts
  • Core CPI increased 0.2% month‑over‑month, also matching expectations
  • Fed policy stance expected unchanged this year, with sub‑50% odds of a September hike
  • Dollar index slipped, extending bearish momentum post‑CPI
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  • S&P 500 at all-time high with VIX near year-to-date lows despite extreme single-stock swings
  • Semiconductor ETF (SMH) fell 25% but traders bought record puts; call options surged to decade-high levels
  • Deep out-of-the-money puts (10-delta) at 66th percentile high, signaling demand for tail-risk hedging
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  • US CPI rose 0.1% in July, in line with expectations
  • Annual CPI inflation slowed to 3.4% from 3.5% a month earlier
  • Markets give 55% chance of Fed keeping interest rate at 3.50%-3.75% range
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  • Yen weakened to >159 per dollar, wiping out roughly half the gains after the intervention that had lifted it to 155.
  • 10‑year US Treasury yield sits at 4.686% versus 2.846% for 10‑year Japanese bonds, preserving a wide yield gap.
  • Intervention curbed speculative excess but did not alter the underlying carry‑trade incentive.
  • The 160 per dollar level is viewed as a political threshold; a rapid breach could prompt another intervention.
  • Future BOJ policy, potentially two more rate hikes, is seen as essential to sustain any yen recovery.
  • Nonprofit news groups filed lawsuit alleging Trump profited from selling real‑time API access
  • Truth Social began charging up to $100,000 per month for earliest access to posts
  • High‑frequency trading firms are among first customers, potentially using the feed for market‑moving information
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  • Fed's less‑hawkish stance weakened the USD but did not trigger net buying of commodity currencies (NOK, AUD, CLP, ZAR, BRL) in the week after the decision
  • High nominal rates in Australia and Norway persist, yet stagflation and productivity issues limit real‑rate advantage versus the dollar
  • South Africa held rates steady in July, hinting at a possible pivot, but global growth concerns cap carry‑trade performance
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  • H1 GDP growth revised to 6.1% YoY, prompting MTI to raise full-year forecast to 4.5‑5.5%
  • Non‑oil domestic export growth surged 18.6% in H1, with 2026 forecast lifted to 14‑16%
  • Manufacturing growth revised up to 12.5% YoY, driven by AI‑related semiconductor demand
  • USD/SGD slipped 0.1% to 1.2797, continuing decline from late‑June peak near 1.3000
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  • NZD/USD fell 0.25% to around 0.5865, pressured by New Zealand political uncertainty.
  • US CPI for July eased to 3.4% YoY, matching expectations and limiting Fed rate‑move impact.
  • Technicals show NZD/USD below 100‑ and 200‑period SMAs (0.5879/0.5878) with support at 0.5860.
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  • AUD/USD fell to 0.7061, down 0.07% after US CPI matched forecasts
  • US July CPI eased to 3.4% YoY and core to 2.5%, raising Fed hold odds to 60%
  • RBA inflation expectations (previous 4.7%) could pressure September rate decision, with 79% odds of holding rates unchanged
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  • Dow Jones futures unchanged, S&P 500 futures down marginally, Nasdaq-100 futures slipped 0.1%
  • July US Producer Price Index forecast to rise 0.2% month‑over‑month after CPI gain of 0.1%
  • Asian futures: Nikkei at 68,585, Hang Seng at 25,320, ASX200 at 9,128
  • July retail sales expected to grow 0.1% MoM, shifting rate‑hike odds to October or December
  • Tech earnings mixed: CoreWeave up, Cisco down ~4%, Cerebras down 15%, Coherent down ~3%
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  • USD/CNY holds around 6.75 in latest trading
  • July M2 growth forecast to ease to 7.9% YoY, down from 8.0% in June
  • Aggregate financing YTD expected at CNY21.9tn, up from CNY20.8tn in June
  • New yuan loans projected to slip to CNY10.6tn from CNY10.7tn
  • Weak credit print could pressure the PBoC to deliver more targeted monetary easing
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  • SEC supports moving earnings reports from quarterly to semi‑annual, limiting timely data for retail investors.
  • Fed Chair Kevin Warsh plans to cut forward guidance and reduce policy meeting statements, creating less clarity for small investors.
  • Trump Media's Truth API charges $60,000‑$100,000 per month for faster access to Truth Social posts, raising concerns about unequal market information.
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  • USD/MXN trades near 17.05 after hitting a low of 17.01, its highest level since May 2024
  • US headline CPI fell to 3.4% YoY and core CPI to 2.5% in July, reinforcing disinflation
  • Fed hold expectations rise, trimming market bets on a July rate hike
  • Banxico is expected to keep its policy rate at 6.5% through year, bolstering MXN
  • AI infrastructure firms report growing order backlogs, fueling chip demand
  • Analysts caution that not all backlog orders may be fulfilled, adding execution risk
  • Sector momentum suggests chip stocks are closing in on a bull market
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  • Consumer CPI rose 0.3% month‑on‑month, easing inflation concerns
  • AI‑focused earnings beat expectations, boosting tech stocks
  • Geopolitical deadlock in the Middle East weighed on risk sentiment
  • S&P 500 and Nasdaq ended flat to slightly up, while Dow Jones slipped
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  • US equity indices climb as latest inflation data shows slowdown
  • AI‑related stocks rally following new company name announcements
  • Wendy's (WEN) shares jump after earnings beat
  • Goldman Sachs announces a significant increase in its ETF product lineup to meet investor appetite
  • Investors are drawn to ETFs for stock‑like returns while limiting downside risk
  • The move reflects continued high demand for derivative‑based investment vehicles
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  • XLF and KBE ETFs each rose about 13% in the past three months, versus a 5% gain for the S&P 500
  • Bank stocks led the sector with a 19% rise, while insurance stocks climbed 14% over the same period
  • Analysts see banks potentially adding another 10%‑20% in the next 12 months, with regional banks already up over 20% YTD
  • Yield‑curve steepening and easing U.S.–Iran tensions are cited as key drivers of the rally
  • Higher inflation could prompt a Fed rate hike, posing a risk to the sector's momentum
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  • US Dollar Index (DXY) pushed back above the 100.00 mark
  • EUR/USD fell to the low 1.1500s after earlier gains
  • GBP/USD lingered in the high 1.3400s ahead of UK GDP data
  • USD/JPY rose toward the 159.50 level
  • Gold near $4,410/oz and WTI oil steadied around $83/barrel
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  • Nvidia teamed with BlackRock, KKR, Blackstone and Apollo to fund AI compute capacity.
  • Nvidia shares dropped 3% after the announcement, later up about 2.7% intraday.
  • GPU collateral depreciates over a 5‑6 year schedule, complicating loan valuation.
  • Wells Fargo warns the loans could be repackaged into collateralized loan obligations.
  • Analysts liken the new AI loan structures to past ABS attempts such as Global Crossing and Enron.
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  • EUR/USD slipped to ~1.1521 after peaking at 1.1563, erasing earlier gains
  • Immediate support at 1.1500, with 50‑day SMA at 1.1466 as next cushion
  • 100‑day SMA at 1.1567 is resistance; a break could target 1.1630 (200‑day SMA)
  • US Dollar Index hovered around 100, rebounding from a 99.61 low after CPI data
  • US CPI showed headline 3.4% and core 2.5%, easing inflation expectations
  • NYE volume has risen in 182 consecutive sessions, the longest streak in at least 30 years
  • If the trend continues through 2026, it would exceed 250 sessions, a first in three decades
  • Burry warns the calm could precede a sharp reversal and advises investors to avoid leverage
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  • AUD/USD trades around 0.7067, staying near the 0.7070 level after US CPI data
  • US CPI rose 0.1% month‑on‑month and 3.4% year‑on‑year, with core inflation easing to 2.5% YoY
  • Fed‑hold outlook gains traction, with probability of a September rate hike just under 50%
  • Thursday's US PPI is expected to show a sharp slowdown in core producer prices
  • Technicals: AUD/USD above 20‑period SMA (0.7062) and 100‑period SMA (0.7016); resistance at 0.7069‑0.7078
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  • CoreWeave stock rose >19% to its highest level since June as its Q2 revenue backlog grew to $104.2bn
  • Super Micro Computer shares jumped >13% after reporting a Q4 gross margin of 17.5% versus estimates of 15-17%
  • Analysts project up to $8bn added market value for CoreWeave and more than $2bn for Super Micro if gains continue
  • Bank of America and Morgan Stanley together pledged $250bn for U.S. infrastructure financing, backing data‑center expansion
  • Data-center backlash curtails electricity demand for power plant owners
  • Utility and power equities show weakening momentum
  • Earnings outlook for power generators becomes more uncertain
  • Consumer price index came in line with expectations, reducing inflation worries
  • CoreWeave and Super Micro reported strong earnings, reviving AI-related buying
  • Major US equity indices posted gains, led by technology and AI stocks
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  • Major European indices opened in the red as geopolitical risk rose
  • Middle East conflict cited as the primary catalyst for the sell‑off
  • Broad market breadth was weak, with most sectors under pressure
  • Five major Japanese online securities firms will enable daytime trading of U.S.-listed shares.
  • The new service could launch as early as December 2024.
  • Move is a response to the U.S. market's shift toward 23‑hour trading cycles.
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  • Total margin trading reached ¥123 trillion in July, twice the level six months earlier
  • Retail investors' margin‑buy positions in Kioxia total 13.23 million shares, valued at ¥631.5 billion
  • Leverage use is rising as investors target high‑priced AI‑related stocks
  • Combined dividends expected to increase 6% year‑on‑year, the sixth straight record level
  • Just under 50% of listed firms will raise their payouts
  • Higher payouts driven by strong chip sector performance and AI‑related earnings
  • CFTC issued new guidance cautioning platforms like Kalshi and Polymarket on incentive program filings
  • Regulator flagged many filings as procedurally or substantively deficient, raising wash‑trade and manipulation risks
  • Firms must provide clear notice of program terms and avoid rebates that could encourage fraudulent behavior
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  • GBP/JPY trades around 215.00 with RSI flat at 50, indicating neutral momentum
  • Key resistance at 50‑day SMA 215.43; break above may lead to 216.00 and 216.50 targets
  • Support levels at 215.00, 100‑day SMA 214.55, and 200‑day SMA 212.12
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  • Jack in the Box EPS 96¢ vs 88¢ estimate, shares up >1% after hours
  • Red Robin Q2 EPS 12¢ beats break-even, revenue $277.6m, shares up ~2%
  • Cerebras Systems revenue $180m misses $194m consensus, shares down 14% in extended trading
  • StubHub shares down >15% after adjusted gross margin 82.2% vs 84.3% estimate
  • Cisco shares fell 3% as Q4 adjusted gross margin 66.3% narrowly beat 66% consensus
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  • USD/CHF rose 0.30% to 0.8138, reaching ten‑day high
  • Bearish flag may trigger pullback if price falls below 50‑day SMA at 0.8071, targeting 0.8042 and 0.8000
  • A break above the flag could lift the pair to 0.8200 and the yearly peak at 0.8205, with further upside to 0.8250/0.8300
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  • USD/CNH is confined to a narrow 6.7444‑6.7489 band.
  • UOB projects a near‑term trading range of 6.7430‑6.7530.
  • A break below 6.7300 could push the pair lower, while a breach above 6.7580 may sustain the range.
  • Medium‑term recovery for the dollar requires a move above the 21‑week EMA at 6.8430.
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  • Kraken's funded trading program now includes round‑the‑clock access to the S&P 500 index
  • The addition expands Kraken's multi‑asset offering beyond crypto to equities
  • Kraken indicated commodities will be added to the program in the near future
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  • Dollar index gains after earlier losses, indicating a partial recovery
  • Treasury yields rise modestly following morning dip
  • FX and bond markets show limited volatility amid the reversal
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  • Rising bond yields have increased the cost basis for Powerball prize funding
  • AI-driven micro‑trading contributed to tighter bond spreads
  • Higher Treasury yields may push Powerball jackpots higher in the near term

Macro/Economy 31

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  • U.S. headline CPI rose 3.4% YoY in July, matching expectations and easing from 3.5% in June
  • Core CPI increased 2.5% YoY, in line with forecasts, down from 2.6% prior month
  • Bitcoin held near $64,000 as Treasury yields declined; Fed rate hike odds for September fell to 44% from 48%
  • US-China Economic and Security Review Commission observed outward confidence in China despite hidden growth worries
  • Commission flagged lingering issues such as weak GDP momentum, high corporate debt, and a struggling property sector
  • Findings stem from a week-long July visit to Beijing, Shanghai and Hangzhou by the US congressional advisory body
  • July deficit totalled $432.3 bn, up 48% YoY and the largest monthly shortfall since March 2021
  • Cumulative deficit for the first 10 months of FY2024 reached nearly $1.8 tn
  • Medicare expenses jumped to $174 bn in July, driving the deficit increase
  • Tariff refunds cost $33 bn and a non‑business day added $99 bn to outlays
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  • India's CPI inflation accelerated to 4.45% YoY in July, up from 4.38% in June and above the RBI's 4% target
  • Food inflation climbed to 5.5% YoY while transport inflation exceeded 7%, raising supply-chain concerns amid geopolitical tensions
  • Morgan Stanley forecasts RBI to hike rates by 75bps starting December, targeting a terminal rate of 6.0% by FY2025
  • US to impose 100% tariffs on generic medicines from 2028, increasing to 200% after one year
  • India's low-cost, export-driven model for generic medicines may be disrupted
  • Potential impact on India's economy and its status as a global supplier of generic medicines
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  • Coordinated US-Japan intervention could not keep the yen above 150 per dollar
  • The yen slipped back to roughly 152 per dollar shortly after the intervention
  • Analysts say Tokyo must adjust macroeconomic policy to support the currency
  • The episode underscores market skepticism about Japan's monetary stance
  • Zhu Rongji served as China's premier from 1998 to 2003.
  • He spearheaded the overhaul of state‑owned enterprises and negotiated China's WTO entry in 2001.
  • His reforms are credited with accelerating China's shift from a centrally planned to market‑oriented economy.
  • Global EV sales increased in July.
  • Europe posted growth, offsetting weaker sales in China.
  • North America also saw a slowdown, contributing to regional imbalance.
  • Chinese exporters are targeting the Muslim world's halal market across food, cosmetics and fashion.
  • The strategy seeks to diversify China's export base beyond traditional low‑cost goods.
  • Success will depend on building trust with Muslim consumers, a challenge harder than price competition.
  • Lettuce prices dropped 16.4% month‑over‑month, the steepest one‑month decline on record.
  • CPI food category recorded the sharpest month‑over‑month deflation, while overall CPI rose 0.1% in July.
  • Year‑over‑year lettuce price remains about 7.5% higher, outpacing the 3.5% growth of the broader CPI basket.
  • Pre‑packaged salad sales plunged 14% YoY in the four weeks ending July 25, according to NielsenIQ.
  • Chains reported sales impacts: Chipotle saw a ~2‑point dip, Sweetgreen cut its full‑year outlook.
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  • USDA lowers 2026/27 corn yield estimate to 180.7 bushels per acre
  • July forecast had been 183 bushels per acre
  • Cut of 2.3 bushels per acre exceeds analysts' expectations
  • Tighter supply outlook could support higher corn prices
  • White House officials floated indexing capital gains to inflation and expanding home‑sale exemptions ahead of 2024 midterms.
  • Current exclusion caps are $250,000 for singles and $500,000 for couples; about 10% of homeowners exceeded these limits in 2022.
  • Legislative proposals (More Homes on the Market Act, No Tax on Homes Sales Act) remain in committee, making near‑term enactment unlikely.
  • US soybean growers pivot to third countries and biofuel sector
  • China-bound exports decline, but production only drops slightly
  • Annual China-US soybean purchase agreement remains in place
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  • Mortgage rates fell 4 basis points to 6.77% after 5 weeks of gains
  • Total mortgage application volume rose 3.6% last week
  • Refinance applications rose 5% for the week, but were 22% lower year over year
  • CPI is a key indicator of inflation, calculated by tracking prices of a basket of goods and services
  • Economists study CPI and other indicators, such as GDP and unemployment rates, to understand inflation trends
  • Inflation is typically measured as an annual percentage change in the CPI
  • Chinese leadership says it fully understands its economic challenges, so external advice is unnecessary
  • Officials suggest reluctance stems from mistrust of foreign recommendations and potential financial burden
  • Beijing emphasizes a distinct policy approach, diverging from typical Western prescriptions
  • The stance may affect foreign investors' expectations of policy coordination with China
  • EU's Packaging and Packaging Waste Regulation (PPWR) came into force on 18 July 2024, replacing the 1994 directive
  • PPWR expands chemical restrictions and mandates higher recyclability for all packaging placed on the EU market
  • Chinese exporters must redesign packaging to meet the new standards, adding compliance costs and possible shipment delays
  • Failure to comply could result in fines or bans, adding pressure amid existing China‑EU trade tensions
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  • Advisors are urging bond purchases, yet investors hold about $3 trillion in cash and money‑market funds.
  • The cash surplus could dampen demand for bonds and keep yields higher than expected.
  • Money‑market fund inflows are rising as investors seek safety amid market volatility.
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  • Chief Executive John Lee highlighted ASEAN's role in Hong Kong's first five-year plan.
  • Trade between Hong Kong and ASEAN is set to keep growing, according to officials.
  • The key challenge is determining which businesses will capture the added economic value.
  • Hong Kong seeks to position itself as a gateway for ASEAN firms seeking regional access.
  • Automotive supply chains are the longest and most extensive among Japan's manufacturing sectors
  • Firms at the core of these chains have disproportionately higher influence on downstream suppliers' output
  • Supply constraints in identified bottleneck products can noticeably reduce overall manufacturing production
  • Holding inventory buffers can partially offset production losses from such constraints
  • Finance Ministry will tap emergency borrowing decree funds to subsidise EV bus replacements
  • Subsidies will be provided as public loans, with an allocated budget of roughly €5.3 billion
  • Program aims to replace internal‑combustion‑engine public service vehicles with electric vehicles
  • Geely's Xingyuan electric hatchback topped six‑month sales with ~197,500 units, making Geely the top seller.
  • Tesla Model Y ranked second with over 180,000 units sold, despite a price range of 263,500‑313,500 yuan.
  • New‑energy vehicles accounted for 65.1% of July passenger‑car sales, up from 54% a year earlier.
  • Overall passenger‑car sales fell 20.3% YTD, while BYD's passenger‑car sales dropped more than 10% in H1.
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  • State-owned banks posted robust loan and profit growth in the first half of 2026
  • Liquidity is set to tighten after government funding injections mature in October
  • Rising interest margin pressure and slowing individual savings could curb loan growth
  • Manufacturers resist shedding excess capacity to protect market share
  • Panel prices stay below pre‑surge levels despite production cuts
  • Industry remains in a prolonged price war with no clear recovery in sight
  • FSA is interviewing top banks and life insurers about their defense industry investments
  • Government aims to attract more private capital to the defense sector
  • Banks remain cautious despite the push for increased private funding
  • Prime Minister Sanae Takaichi proposes cutting Japan's consumption tax on food items
  • LDP members warn the cut lacks a clear funding plan and could strain the budget
  • Growing dissent within the ruling party may delay or derail the proposal
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  • Government defense subsidies are increasing but show little impact on automotive output
  • Car manufacturers face structural headwinds despite potential defense contracts
  • Analysts warn reliance on defense spending cannot offset weak domestic demand for cars
  • July corporate goods price index published for the month
  • Index measures price changes for goods sold to businesses
  • Data will be used to gauge inflationary pressures in the corporate sector
  • Thousands gathered at New Delhi's Jantar Mantar to demand jobs
  • Highly educated youth remain jobless despite taking numerous government exams
  • No Hindi term exists to describe the loss of value in academic qualifications
  • BTS Arirang tour scheduled for Hong Kong next year, likely to raise hotel occupancy
  • Analysts forecast a booking surge comparable to Seoul's April BTS concert spike
  • Hospitality sector anticipates revenue lift, aiding Hong Kong's tourism recovery
  • Temporary foreign demand shocks create bonus linkages across supply chains
  • Downstream investment activity, both domestic and abroad, influences a firm's capital spending
  • Wage levels within a firm are affected by wage rates set by focal firms in the same supply chain
  • Analysis based on production network data from Japan's manufacturing sector

Central Banks 4

  • BOE moves digital pound project to Phase 2, testing interoperability of public stablecoins and central‑bank money in trade‑finance flows
  • Digital Pound Lab partners with NOBO Finance, Dun & Bradstreet and Polygon Labs to trial reusable SME credit profiles and invoice‑factoring using stablecoins and a potential digital pound
  • Experiments involve no real customers or money and aim to inform the BOE and Treasury’s assessment of a future digital pound and stablecoin regulation
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  • U.S. AI capex projected at $581 bn in 2024, about 1.8% of GDP, rising to 2.8% by 2028
  • AI build-out is raising costs in sectors such as electricity, creating short‑term inflationary pressure
  • Only 17‑20% of U.S. firms report AI use, with large firms adopting at a much higher rate
  • Fed officials face a dilemma as AI‑driven spending may delay disinflation despite long‑term productivity hopes
  • Economists compare AI’s potential productivity boost to the internet era’s modest 1.5‑2.5% gain
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  • Uncollateralized overnight call rate remained stable at around 0.5% until December 2025, then rose to around 0.75%.
  • Japanese government bond (JGB) purchases reduced by about 400 billion yen each calendar quarter until January-March 2026, and by about 200 billion yen each calendar quarter from April-June 2026.
  • Long-term interest rates increased to 2.35-2.40% in late March 2026, the highest level since February 1999.
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  • President Prabowo nominated Deputy Governor Destry Damayanti as the next Bank Indonesia governor
  • Rupiah held below 18,000 per USD, signalling continued stability
  • Indonesian bond yields eased from recent peaks
  • Analysts expect Bank Indonesia to keep rates unchanged this month
  • Technocratic appointment viewed as market‑friendly, bolstering confidence in monetary policy

Energy/Oil 17

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  • Six crew members killed in Houthi attack on cargo ship in Bab el-Mandeb Strait.
  • U.S. forces fired missiles at a container ship attempting to breach the naval blockade of Iranian ports.
  • Brent crude rose 0.6% to $89.44/bbl and WTI up 0.7% to $83.8/bbl, extending a weekly gain of over 7%.
  • Traffic through the Strait of Hormuz, which handled 20% of global oil trade, remains far below pre‑war levels.
  • Diplomatic talks on reopening Hormuz remain stalled, keeping upside risk to oil prices.
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  • IEA forecasts global oil demand to drop by 1.6 million barrels per day in 2026, 510,000 bpd more than its July forecast
  • Brent crude has ranged from $70 to $100 per barrel this month, currently just under $90
  • U.S. crude stockpiles fell below 300 million barrels, the lowest in over four decades, and global oil inventories slipped under 7.9 billion barrels in July
  • Continued closure of the Strait of Hormuz sustains supply‑risk pressures and fuels further demand destruction
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  • EIA forecasts 600,000 barrels per day of Middle East oil will remain shut by end-2027
  • Strait of Hormuz traffic constraints expected to continue through August
  • Third‑quarter crude price forecasts lifted due to tighter supply
  • Supply shortfall could push WTI and Brent prices higher
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  • US‑Iran conflict lifts natural gas prices in Europe and Asia
  • Iranian strikes damaged Ras Laffan Trains 4 & 6 and Pearl GTL Train 2, removing about 12.8 mt per year of LNG capacity
  • The forced outage is projected to last 3‑5 years, tightening global LNG supply
  • Asia accounts for roughly 90% of Middle East LNG shipments, versus 7‑11% for Europe
  • Five new LNG megaprojects are being positioned to meet the anticipated demand surge
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  • WTI trades around $82.20 per barrel, near a 1.5‑week high
  • U.S. crude inventories jumped 17.4 million barrels in the week to Aug 7, the biggest rise since Jan 2023
  • EIA raised its 2026 average WTI price forecast to $80.88 per barrel from $76.26
  • Strait of Hormuz remains closed, maintaining a geopolitical risk premium in oil markets
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  • Brent crude rose 7 cents to $88.98 per barrel
  • U.S. crude (WTI) increased 7 cents to $83.27 per barrel
  • U.S. CPI for July up 0.1% in line with expectations, easing Fed rate‑hike pressure
  • MSCI World index up 0.34%, while the Dow fell 0.04% and the S&P 500 rose 0.26%
  • Markets price roughly a 50% chance of a Fed hike and about a 60% chance of a BOJ quarter‑point hike in September
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  • Vessel transits averaged about 13 ships per day over five days, the lowest since May 12
  • Traffic is roughly 90% lower than the pre-Feb 28 average of 130 ships daily
  • Oil exports via the strait averaged ~9 million barrels per day, down from ~20 million bpd pre-conflict
  • Post-deal peak of ~60 ships per day on June 26 has fallen about 80% to current levels
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  • 2026 demand outlook cut by 1.6 million b/d, 510k b/d lower than last month
  • July global oil supply rose to 101.5 million b/d but remains below year‑earlier levels
  • Refinery crude throughputs at 80.9 million b/d, about 5 million b/d less than a year ago
  • Observed inventories fell 69 million barrels in July, pushing prices higher
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  • Ukrainian forces have reportedly suspended drone attacks on oil tankers at Novorossiysk port.
  • The halt follows a request from U.S. Vice-President JD Vance, citing unnamed Ukrainian officials.
  • The request was prompted by concerns that the attacks were further destabilizing the global oil market.
  • Previous drone attacks had twice shut down the Caspian Pipeline Consortium (CPC) in recent months.
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  • U.S. marketed natural gas production forecast at 122.5 Bcf/d in 2026, up 4% YoY and surpassing 2025 record
  • Permian region output rises 6% to 29.2 Bcf/d in 2026, driven by higher WTI crude prices ($84/b vs breakeven $63-69/b)
  • Haynesville production up 7% in 1H26, forecast to rise 9% in 2026 on Henry Hub price of $3.44/MMBtu
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  • Oil traffic through Hormuz Strait falls 17% YoY in July
  • Iran's oil exports decline 40% YoY in July
  • WTI crude price drops 2.5% on lower demand expectations
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  • Romania may shut its last active nuclear reactor as Danube water levels fall, disrupting 20% of national power supply
  • France's EDF shut 3 reactors due to jellyfish swarms, adding to record nuclear outages amid heat/drought
  • EU faces €180bn economic hit from heatwave, equivalent to 1% of 2024 GDP via lower productivity and energy disruptions
  • Hungary restarted 2 turbines at Paks plant (40% of power) after rainfall eased Danube water levels
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  • Brent crude rose above $89 per barrel.
  • Price support stems from a US‑Iran stalemate over the Strait of Hormuz.
  • Supply‑risk premium keeps downside pressure on oil markets limited.
+
  • Oil futures closed with minimal price movement
  • Market remains cautious ahead of geopolitical developments
  • Attention centered on the Strait of Hormuz as a supply risk factor
+
  • Interior Department will auction >81 million Gulf of Mexico acres on Aug 12
  • Third of 30 lease sales mandated by the 2025 tax and spending law
  • Auction follows Iran‑Israel conflict that lifted Brent crude above $89 per barrel
  • Potential to increase U.S. Gulf oil and gas production capacity
+
  • Natural gas futures climbed as traders awaited weekly inventory reports
  • Forecasts show above‑average temperatures for the next two weeks across much of the U.S.
  • Warmer weather is expected to boost demand for heating and power generation
+
  • Energy market sentiment appears mixed amid limited data
  • Oil price movements remain relatively stable
  • Investors are awaiting clearer signals from upcoming reports

Gold/Metals 10

+
  • Gold price rose >1% to trade above $4,400 after July CPI came in at 3.5% YoY, down from 3.6%
  • Market odds shifted to a 60% chance the Fed will hold rates steady at the September meeting
  • Core CPI fell to 2.5% YoY, with gold's next resistance at $4,450 and $4,500 as a key target
  • Strait of Hormuz remains closed, keeping energy‑driven inflation concerns alive
+
  • Gold fell up to 18% from its early‑2026 $5,300/oz high but posted its best week since January, rising ~1% on Wednesday.
  • Central banks added 19.9 tons of gold in July, marking the PBOC’s 21st consecutive month of accumulation.
  • Fed rate‑hike expectations dropped more than 20 percentage points in a week after CPI showed 0.1% monthly (3.4% annual) inflation.
  • GLD ETF rose ~1% to a six‑week high in inflows; mining ETFs GDX and GDXJ saw heightened investor interest.
  • Technical break above the 50‑day moving average and a higher‑high pattern suggest further upside for gold.
+
  • Gold price reacts to geopolitical risk in the Strait of Hormuz
  • Upcoming US CPI inflation data could boost gold demand
  • Higher tensions or persistent inflation may push gold higher
+
  • Swedish government rejected appeals, clearing the way for the Laver project
  • The concession could double Sweden's copper output
  • Boliden (STO:BOL) moves closer to developing the new mine despite environmental concerns
+
  • Silver (XAG/USD) up 1.40% to $65.53, hitting a daily high of $66.80
  • Cleared the 50‑day SMA around $61.60; first resistance at $66.59
  • Next targets: 100‑day SMA $68.87, 200‑day SMA $71.47
+
  • Gold closed 0.6% higher, marking a fourth consecutive gain.
  • Silver advanced 1.2%, extending its rally with eight wins in the past 11 sessions.
  • July inflation data came in tame, supporting the metals rally.
  • Precious metals have risen for four straight sessions amid easing price pressures.
+
  • Silver (XAG/USD) up 2.18% to around $66.00
  • US CPI annual rate eased to 3.4% in July, in line with forecasts
  • DXY fell modestly and 2‑year Treasury yield dropped ~4 bps to about 4.18%
  • CME FedWatch probability of a September rate hike fell to ~38% from 44%
  • Geopolitical tension in the Strait of Hormuz keeps safe‑haven demand elevated
+
  • Aluminum stockpiles on the LME hit their lowest level since 1990
  • Norsk Hydro's Alunorte plant in Brazil cut output by 50% due to natural gas shortages
  • London aluminum price rose nearly 2% to $3,373 per metric ton
  • Alumina futures in Shanghai gained about 1% following the production cut
  • Hydro expects to restore full capacity once natural gas supplies normalize
+
  • Gold has risen roughly 3% this month, trading near $2,060 per ounce
  • U.S. CPI data due on the scheduled release date could spark volatility
  • Analysts caution that a break below $2,000/oz may trigger further declines
  • Market sentiment is mixed as investors weigh inflation data against recent gains
+
  • Gold price steadied near $4,500 after US VC PMI data showed resilience
  • Logarithmic cycle model projects a target range of $4,524 to $4,648
  • Break above $4,648 could open the next resistance zone around $4,700
  • Support level to watch is $4,500 if market sentiment turns negative

Crypto 37

+
  • ONE token dropped about 40% in Asian trading after an exploit minted ~4 billion new tokens, ~26% of existing supply
  • The attack increased total supply by more than a quarter, leading Harmony to ask exchanges to freeze funds linked to four addresses
  • Harmony is rolling out an emergency software patch and considering a rollback to remove the newly minted tokens
+
  • Markets often strain due to capital trapped by slow settlement cycles, not capital scarcity, especially during volatility.
  • Traditional market infrastructure, with batch processing and cut-off times, fails to keep pace with continuous, fast-moving markets.
  • This mismatch leads to liquidity issues, wider spreads, and forced position exits when collateral cannot be mobilized quickly.
  • Stablecoins are becoming crucial settlement infrastructure, allowing cash-like value to move at digital asset speeds, bypassing T+1/T+2 delays.
  • Tokenization enhances asset portability, enabling collateral to be pledged and transferred faster, freeing trapped capital.
+
  • Solana’s staking network lost 29% of tokens offline due to a routing failure at Teraswitch’s Miami facility, nearing the 33% threshold that halts finality
  • Incident exposed reliance on a single connectivity provider controlling 25%+ of staked tokens, risking a full blockchain freeze
  • Network recovered in ~10 minutes; February 2024 outage required a 5-hour restart after exceeding the 33% threshold
+
  • CFTC invokes emergency authority to keep Kalshi operating in New York
  • Kalshi must continue operating in accordance with normal practices and the Commodity Exchange Act's Core Principles
  • Dispute over jurisdiction between CFTC and New York remains unresolved
+
  • Anchorpoint Financial, a Standard Chartered venture, begins HKD At Par (HKDAP) stablecoin rollout for institutional users
  • HKDAP targets broader retail adoption by end-2026 via B2B2C model with distributors and use-case partners
  • HKMA approved HSBC and Anchorpoint to issue fiat-backed stablecoins in April 2024
+
  • Fidelity's Fidelity Ethereum Fund (FETH) holds $898 million in net assets.
  • The fund will keep 85% of gross staking rewards, with 15% going to service providers.
  • Staking rewards will fund quarterly cash distributions after covering expenses.
  • The ETF can stake up to 100% of its ether holdings, subject to liquidity needs.
  • Arizona's crypto ATM law, effective September 2025, has enabled 35 scam victims to recover a total of $171,332.
  • The law mandates full refunds, including fees, for eligible new customers who report fraudulent transactions.
  • Victims must notify both the crypto ATM operator and law enforcement within 30 days of the transaction.
  • A 'new customer' is defined as someone using an operator for fewer than 10 days, with a daily transaction limit of $2,000.
  • OCC returned Zerohash's trust bank charter application on July 17, citing material deficiencies.
  • Zerohash aims to refile a narrower, focused application by the end of the month.
  • The company sought a broad digital‑asset trust charter amid a recent wave of OCC approvals.
  • Existing operations, including services for Morgan Stanley's E*Trade, continue unchanged.
  • Similar OCC rejections have affected fintech firms such as Wise and Bunq.
+
  • ARMA Act introduced in May 2026 would lock government-held Bitcoin for at least 20 years and require quarterly audits
  • The bill does not mandate new Bitcoin purchases, limiting near‑term demand impact
  • Spot Bitcoin ETFs boosted institutional demand in 2024, but the next demand driver may be government policy
  • Legislative timeline likely pushes enactment to 2027‑2028 as broader crypto regulation is prioritized
+
  • Tether International increased its holding in Metalla to about 14% of outstanding shares.
  • The move deepens Tether's push into Canadian gold royalty companies.
  • Metalla (TSXV/NYSE-A: MTA) gains a major stablecoin investor, linking crypto assets to gold exposure.
+
  • Goldman Sachs will buy NEOS Investments for up to $2.25 billion, pending regulatory approval, with closing expected in Q1 2027.
  • The deal adds the $1.1 billion BTCI bitcoin synthetic ETF, which uses a covered‑call strategy yielding ~27% and has fallen ~43% over the past year.
  • Combined with existing holdings, the acquisition lifts Goldman’s ETF assets above $130 billion and gives it a $30 billion options‑based ETF platform.
  • The move targets the fast‑growing derivative income ETF market, now roughly $180 billion industry‑wide.
  • Wintermute will allocate $1 billion over five years to AI and high‑frequency trading infrastructure
  • Goal: non‑crypto markets to generate >50% of revenue by 2027, up from 10% currently
  • Daily crypto trading volume fell to about $10 billion, down from $15 billion in 2025
  • U.S. affiliate obtained broker‑dealer status to trade stocks, options and ETFs
+
  • Kalshi will integrate DoubleZero’s DoubleZeroEdge low‑latency market data feed on Solana.
  • The feed transmits live exchange and on‑chain data over dedicated fiber, mirroring TradFi models used by NYSE, Nasdaq and CME.
  • Kalshi targets institutional traders needing faster pricing for its prediction market contracts, including crypto perpetual futures.
  • DoubleZeroEdge offers a machine‑readable view of Kalshi’s order book for pricing, hedging and signal generation.
  • The partnership aims to give institutions split‑second trade execution advantages in digital‑asset markets.
+
  • US CPI inflation numbers matched expectations, providing modest relief
  • September Fed rate pause odds increased to 60% following the CPI data
  • Bitcoin eyes a $63,000 target despite price action showing little reaction
  • Miden introduces USDCx, a privacy-focused stablecoin backed by Circle's USDC
  • USDCx allows users to transact privately while selectively disclosing information for compliance
  • The stablecoin is expected to debut at the end of this month with the Miden mainnet
  • Slovenia has officially joined the European Union's MiCA stablecoin register.
  • Electronic money institution Dinaro is the first issuer from Slovenia to be included.
  • The update also saw the addition of two new Crypto-Asset Service Providers (CASPs) to the register.
  • El Salvador's Bitcoin adoption has failed to deliver benefits to locals
  • Experiment has boosted Bitcoin's global profile instead
  • Five years since Bitcoin became legal tender in El Salvador
+
  • Stablecoin circulation rose 25% to $310B since July 2023, underscoring rapid adoption of digital dollar-linked assets
  • Fed’s proposed 'skinny' payment account for digital banks lacks key features like intraday credit and full Fedwire access, perpetuating dependency risks
  • Anchorage Digital, a federally chartered crypto bank, was debanked in 2023, exposing systemic inefficiencies in Fed payment rail access
  • Paraguayan police investigating death of Hong Kong-born crypto fund executive Harry Yeh Chun-tak
  • Experts warn of global rise in violent extortion attempts targeting digital asset holders
  • Case sparks speculation and concerns over safety of crypto industry professionals
+
  • Russia’s central bank to allow retail crypto trading only in BTC, ETH, USDT from Sept 1
  • Non-qualified investors face 300,000 ruble ($3,600) annual purchase limit per intermediary
  • Qualified investors exempt from cap; crypto payments remain banned in Russia
  • Rules add specifics to July legislation but exclude broader crypto payment use cases
+
  • XRP futures open interest rose to 2.67 bn XRP ($2.73 bn), the highest level since October
  • XRP price is hovering around $1.00, with support near $0.99 and resistance around $1.02
  • July CPI expected at 3.4% YoY (down from 3.5%) and core CPI at 2.5% (down from 2.6%)
  • A bridge exploit resulted in a loss of about 200,000 XRP (~$200k)
  • Market pricing implies only a 1.3% post‑CPI move for crypto, indicating low volatility expectations
  • Standard Chartered heads a joint venture to issue Hong Kong dollar‑backed stablecoins for institutional use
  • Hong Kong's stablecoin regulatory framework took effect a year ago, enabling the launch
  • Retail availability of the stablecoin could start as early as end‑2026, subject to market conditions
+
  • RedotPay claims Binance will settle the Singapore case, citing a $473 million dispute.
  • Binance counters that its legal claims in Singapore remain active.
  • The litigation highlights ongoing regulatory challenges for crypto platforms.
+
  • Fee income dropped to 0.52% of miners' total revenue, the lowest in a decade
  • Overall fee-derived revenue now under 0.7% of mining earnings
  • Miners are shifting focus toward AI as transaction fees shrink
  • The decline underscores continued profit pressure on Bitcoin mining operations
+
  • Publicly listed miners sold ~28,000 BTC in 2026, worth $1.78 bn at current prices
  • Bitcoin has fallen 27% YTD, trading just under $64,000 and lagging major assets
  • Mining difficulty dropped about 18% since November, easing competition for remaining miners
  • U.S. spot crypto ETFs saw net outflows over $4.4 bn, prompting additional Bitcoin sales
+
  • Suspected North Korean IT staff joined a sham cryptocurrency venture unaware of surveillance
  • All actions of the workers were tracked to harvest valuable intelligence
  • The operation highlights heightened cyber‑espionage risks targeting crypto projects
  • No specific cryptocurrency token was disclosed, but the scheme underscores security concerns in the sector
+
  • Crypto.com adds tokenized derivatives tracking 1,500 U.S. stocks and ETFs, including AAPL, TSLA, NVDA
  • Tokenized stock market value rose ~600% YoY to $2.49 bn; Citi forecasts tokenized securities could hit $5.5 tn by 2030
  • Products provide synthetic price exposure without ownership or voting rights; positions start at $1 and trade 24/7
  • Launch follows Crypto.com's 2025 acquisition of Foris Capital, securing a MiFID license for regulated EU offerings
+
  • Bitcoin range $62,000–$66,000 may break after July CPI data
  • Traders bought $70,000 BTC call options, paying roughly $2.5 million in premiums
  • Consensus expects CPI +0.1% MoM, +3.4% YoY; core CPI +0.2% MoM, +2.5% YoY
  • Ether saw net exchange outflows of $49.7 million in one day and $164.6 million over the week
  • Volatility plays include December strangles on BTC and SOL
+
  • Dogecoin up ~3% to 7¢, weekly gain ~3%; BNB up 2% to $614, weekly up ~2%
  • Bitcoin fell to around $63,700, the only major crypto down both day and week
  • Asian equities rallied, Korea's Kospi jumped 4.6% on strong semiconductor earnings
  • Brent crude rose over 1% to $90 a barrel, marking a sixth consecutive gain
  • U.S. CPI data due Thursday could drive risk‑asset moves; lower inflation may spur a Fed rate‑cut outlook
+
  • Mining pools controlling the majority of Ravencoin's hash rate are constructing a rival chain.
  • The new chain could cause a three‑day blockchain reorganization.
  • A network exploit has put Ravencoin transactions at risk, driving the coin to a record low.
  • Market sentiment turns sharply bearish as the exploit raises security concerns.
  • U.S. SEC and CFTC jointly sue Goliath Ventures for alleged $400 million fraud
  • Regulators claim the firm promised crypto liquidity‑pool returns but operated a Ponzi scheme
  • Funds were used to pay earlier investors and finance the founder's luxury spending
  • The case highlights heightened regulatory scrutiny of crypto investment platforms
+
  • Hawaii will prohibit all crypto ATMs starting Oct. 1, 2024
  • State becomes the fourth in the US to impose a total ban, after Minnesota, Tennessee and Indiana
  • Ban is aimed at curbing scams linked to cryptocurrency ATM and kiosk usage
  • Regulatory move adds to growing scrutiny of crypto services across the United States
  • Council Speaker Julie Menin sent letters to four prediction‑market companies operating in New York
  • Investigation focuses on alleged predatory marketing practices targeting residents
  • Regulatory scrutiny could impact U.S. prediction‑market platforms and related crypto services
+
  • Proposed tight limits on stablecoin activities could curb competition in the payments sector.
  • Reduced competition may lead to higher transaction costs for everyday U.S. consumers.
  • Policymakers face a trade‑off between consumer protection and fostering cheaper digital money transfers.
  • Bitwise will reduce its staff by 14% as part of a cost‑saving initiative.
  • The move follows similar workforce reductions at Coinbase, Robinhood, and other crypto firms.
  • Despite the cuts, Bitwise still projects continued revenue growth, citing AI integration and market positioning.
  • Kalshi launches sports and crypto perps data feed on DoubleZero
  • Institutional data access bolstered through dedicated fiber network
  • Enhanced data feed for institutional investors
+
  • Bitcoin Policy Institute leads request for AI firms to share frontier models with Bitcoin developers
  • Aim is to bolster cybersecurity for Bitcoin and open‑source projects
  • Early AI access intended to accelerate threat detection and mitigation

Geopolitics 41

  • Washington announces security restrictions on all federally funded US-China scientific collaborations
  • The move eliminates one of the last remaining channels of US-China engagement ahead of the Xi-Trump summit
  • The policy could suspend dozens of joint research projects and limit future academic exchanges
  • Ukrainian forces hit Novorossiysk on Wednesday night with drones and missiles
  • Three grain export terminals were damaged, halting operations at Russia's last major Black Sea naval base
  • Casualties include three dead (including an 8‑year‑old) and 24 injured
  • The attack could tighten global wheat supplies as grain shipments are suspended
  • Putin warned Russia will seize European ships if EU confiscates Russian vessels or cargo.
  • The threat targets EU measures aimed at disrupting Russia's shadow oil export fleet.
  • Potential retaliation could lead to direct Russian interference with commercial shipping.
  • Escalation adds geopolitical risk to European energy and trade flows.
  • Zimbabwe, Namibia, Mozambique, Ghana, and Guinea ban raw material exports
  • Local processing rules enforced, forcing Chinese mining firms to invest
  • Africa becomes a 'strategic hub' for Chinese industrial expansion
  • Supreme Leader Khamenei formalizes six senior military/security posts in 48 hours
  • Moves to replace wartime emergency chain of command with permanent structure
  • Appointments reflect shift toward loyalists under Khamenei’s direct control
  • Kalbinur Sidik, a Uyghur teacher, describes forced labor, sterilization, and torture in Chinese 're-education' camps
  • Over 1 million Uyghurs reportedly detained; children separated from families and placed in state-run boarding schools
  • China accused of systematic human rights abuses including organ harvesting and cultural erasure in Xinjiang
  • Russian President Putin threatened retaliation against Western nations for seizing Russian commercial vessels.
  • Putin described the Western actions as 'piracy and robbery' and a breach of international maritime law.
  • He stated Russia would be 'forced to respond in kind' if such seizures continue.
  • Japan’s Three Non-Nuclear Principles face scrutiny as PM Takaichi avoids explicit reaffirmation in upcoming strategic documents
  • China, North Korea, and Russia’s nuclear advancements and U.S. extended deterrence credibility concerns intensify debate
  • Japan’s 2030s dilemma: strict adherence to non-nuclear principles may conflict with U.S. nuclear-armed submarine port visits
  • Resistance groups including Sipahiyan-i-Mihan and AFF escalated attacks in Badakhshan, briefly capturing a district in July
  • Taliban deployed Pashtun reinforcements and relied on local warlord Juma Khan Fateh amid rising opposition
  • Taliban's crackdown on Hazara and Tajik communities risks fueling broader resistance and instability
  • ISKP's assassination of a Taliban official in Badakhshan adds to multi-front security threats
  • New trilateral defense pact mirrors NATO Article 5-style mutual defense commitment
  • Pakistan seeks to diversify military supply chains amid 80% reliance on Chinese arms
  • India faces heightened unpredictability in future Pakistan-related conflicts due to expanded regional alliances
  • UN investigators find Myanmar military increasingly using drones and motorised paragliders to target civilians
  • Attacks on civilians have risen steadily since July 2023
  • Escalation noted ahead of the December 2023 and January 2024 elections
  • Military seeks to project stability and legitimacy despite heightened violence
+
  • Iran announced the Strait of Hormuz will stay closed until the United States complies with its demands
  • The closure could disrupt roughly 20% of global oil shipments that normally pass through the strait
  • Analysts warn the move may push Brent crude above $80 per barrel and lift WTI similarly
  • The statement raises geopolitical tension in the Middle East and could raise shipping insurance costs
  • Israeli air strike in Beit Lahiya killed one civilian, Mohanad Saada, and wounded five others.
  • The strike targeted a three‑wheeled tuk‑tuk vehicle; Israel said it aimed at a Hamas commander.
  • The attack follows a week of reduced air raids and comes after Israel rejected President Trump's peace plan.
  • Senators urge Treasury Secretary and the Treasury's sanctions chief to impose new counter‑evasion measures against Russia
  • Lawmakers argue existing sanctions are insufficient to stop Russian entities from evading restrictions
  • Potential legislative or executive actions could be pursued in the coming weeks to tighten sanctions
  • DHS estimates purchase cost between $10 million and $20 million, to be completed by March 2027
  • Gloves can deliver up to 380 volts to distract subjects, according to manufacturer specifications
  • Rights groups warn the devices could be used against protesters and immigrants, sparking backlash
  • A magnitude 7.4 earthquake struck western Colombia, killing over 200 people
  • China pledged to provide relief assistance in line with Colombia's request
  • No Chinese nationals were reported injured or killed in the disaster
  • The aid offer comes as Colombia's new president pivots toward the United States
  • Pentagon assessment reports 153 civilians killed and 243 injured by US strikes in Yemen in 2025
  • All civilian casualties came from three April strikes, with the Ras Isa fuel port attack causing 80 deaths and 171 injuries
  • Casualties represent a sharp rise from 2024, when only two civilian deaths and injuries were recorded
  • The review notes no condolence payments required and that 15 additional incidents are under review
  • Hegseth said the ICC could investigate US boat strikes that have killed at least 221 people since September 2025
  • Colombia became the 19th country to join the "Shield of the Americas" coalition targeting drug cartels
  • Campaign claimed to cut narco‑vessel movements by 65% in the Western Caribbean, 60% in the Eastern Caribbean, and nearly 50% in the Eastern Pacific
  • U.S. State Department plans a $1 billion security package to support Colombia's anti‑narco operations
  • Task force created to end birth tourism after Supreme Court rejected Trump’s citizenship restriction
  • More than 600 non‑immigrant visas revoked in the new crackdown
  • State Department says it will use all tools to protect integrity of US citizenship
  • Moroccan interior ministry increased security after a social‑media campaign urged mass attempts to enter Ceuta on Aug. 15.
  • Late July saw roughly 72,000 irregular crossings; about 2,000 people, including ~1,000 minors, remain in Ceuta.
  • Seven Moroccan taxi drivers were sentenced to up to six months in prison and fined $1,070 each for facilitating border crossings.
+
  • Repeated drone strikes target oil and electricity facilities in Libya
  • Fuel supplies are threatened as attacks disrupt production and transport
  • Power outages intensify, worsening the country's electricity shortage
  • Rival factions vie for control of the strategic Az Zawiya region
  • Damascus court sentenced Bashar al-Assad, brother Maher, and six former officials to death in absentia
  • Verdicts address alleged murders, disappearances and torture during the 14-year civil war
  • New Syrian government calls the rulings a landmark step, sparking debate on the scope of transitional justice
  • Defence minister Israel Katz vows troops will stay in all three security zones under any circumstances
  • Statement follows a withdrawal deal for Israeli forces from southern Lebanon signed two months earlier
  • The pledge may heighten regional tensions and affect diplomatic efforts in the Middle East
  • Report by 7amleh and Utrecht University documents 3,520 cases of digital rights violations against Palestinians (2021‑2025)
  • Only 32.5% of suspensions had a clear policy violation; 57.2% were tied to Meta’s "Dangerous Organizations and Individuals" policy
  • For journalists, 71.1% of account actions were justified using the DOI policy
  • Influencer Faten Elwan’s Instagram reach dropped from 30,000 views to a few hundred after reinstatement
  • Iraqi Prime Minister declares September 30 as the fixed, final date for ending the US-led coalition mission.
  • U.S. officials confirm the pullout will be completed by that deadline, concluding a presence that began in 2003.
  • The withdrawal will leave Iraq free of foreign military forces, with future U.S.-Iraq ties focused on economic and security cooperation.
  • U.S. troop levels peaked at over 170,000 in 2007; current numbers remain undisclosed.
  • China and Uzbekistan launched the Samarkand-2028 hyperspectral satellite for agriculture and environmental monitoring.
  • The satellite includes an Uzbek-developed AI module that processes data onboard, cutting transmission volume.
  • The initiative is framed as soft‑power scientific cooperation, extending China's footprint in the region.
  • Turkey, Saudi Arabia and Pakistan signed the Mecca Joint Defence Agreement on Friday.
  • The pact aims to stabilise the Middle East amid the US‑Iran conflict and shipping disruptions in the Strait of Hormuz and Red Sea.
  • Erdogan said he hopes additional nations will join the agreement to broaden its security impact.
  • China's National Natural Science Foundation announces joint workshop with Iran on rare earth exploration and processing
  • The programme lists rare earths among five selected cooperation areas
  • Collaboration aims to safeguard Chinese processing technologies from overseas transfer
  • KMT’s Cheng Li-wun frames Taiwan’s autonomy through ‘self-restraint’ to avoid military conflict, not through assertive sovereignty
  • Expert analysis argues structural U.S.-China rivalry constrains Taiwan’s strategic choices regardless of domestic political narratives
  • KMT’s emphasis on ROC constitutional framework contrasts with DPP’s focus on Taiwanese democratic identity, but both face Beijing’s zero-sum sovereignty stance
  • Prime Minister Takaichi signals potential revision of Japan's Three Non-Nuclear Principles amid national security debates
  • Defense Minister Koizumi acknowledges nuclear deterrence discussion as unavoidable for Japan's defense strategy
  • Open debate on nuclear policy marks a historic shift from Japan's long-standing pacifist taboo
  • Ascendant left-wing Democrats are expected to push US foreign policy further 'inward'.
  • This shift could move the US away from big-power rivalry, according to a Chinese political scientist.
  • A Chinese scholar suggests Beijing should reconsider the notion that all US political factions take a hard line on China.
  • PLA Navy deployed Type 054A frigate Honghe for the inaugural joint exercise with Indonesia
  • Indonesian Navy participated with frigate KRI I Gusti Ngurah Rai
  • Drill held in waters east of Taiwan, covering communications, formation manoeuvres, at‑sea replenishment and passing exercises
  • Former Premier Zhu Rongji died at age 97 in Beijing after a prolonged illness
  • He supervised China's accession to the World Trade Organization in 2001
  • He modernized China's financial system during his tenure as premier
+
  • Japan pledges financial and technical assistance to Gulf nations to rebuild war‑damaged infrastructure.
  • Support targets oil production and power facilities in the United Arab Emirates and other affected states.
  • Aid aims to secure a stable energy supply from the Persian Gulf amid the U.S.–Iran conflict.
  • Karoline Leavitt will leave the press secretary role by month‑end to focus on family after second child
  • Trump said she will stay on as an outside advisor and influential voice within the Republican Party
  • Leavitt follows recent senior staff departures, including former AG Pam Bondi and ex‑Sec. of Homeland Security Kristi Noem
  • 11-year-old boy wounded in head and leg by Israeli forces in Khan Younis.
  • Gaza Government Media Office says Palestinian casualties since Oct ceasefire total at least 1,259 dead and 4,146 injured.
  • Incident reported on 12 August 2026.
  • New rule prohibits any country engaged in armed conflict from hosting the contest.
  • Minimum age for performers will be increased (new level not disclosed).
  • Change follows Israel's recent second-place finishes amid the Gaza war, though no country was named.
  • Families gathered in Beirut on Aug 12, 2026 to protest the detention of relatives by Israel
  • Protesters say they have received minimal information about the detainees' status
  • Human‑rights groups allege Israel denies due process and Red Cross access to the detainees
  • Hong Kong leader John Lee pays tribute to Zhu Rongji for supporting the city during the 1997 Asian financial crisis
  • Zhu Rongji remembered for his commitment to the 'one country, two systems' governing principle
  • Chief Executive John Lee expresses profound sorrow over Zhu's death
  • China approves new Japanese acting consul general in Chongqing
  • 8-month vacancy at the mission ends following a bilateral freeze
  • Shigehiro Nishiumi assumes the post on August 4
  • David Crowley secures victory in Wisconsin election
  • Result viewed as a setback for the progressive groundswell
  • NYC Mayor Zohran Mamdani ends his honeymoon with the city
  • Europe's new passport system creates confusion for travelers

Tech/AI 32

+
  • Revenue beats estimates at $582.3M, up 5.9x from AI cloud unit
  • Signed 4 AI cloud deals averaging $1B each, with total contract value nearly quadrupling
  • Capital expenditures top $5.7B, exceeding analyst expectations
+
  • CoreWeave's commentary supports AI chip longevity, boosting data center stocks
  • Older Nvidia GPUs may have longer useful lives than anticipated, increasing ROI
  • CoreWeave signs contracts for A100 chips extending into 2029 at attractive prices
  • Researchers used AI to discover Zoom vulnerabilities in <20 prompts, enabling silent device hijacking via screen sharing
  • Affected all Zoom-supported OS (Windows, macOS, Linux, iOS, Android) with no victim interaction required
  • Zoom issued fixes; AI lowers barrier to cyberattacks, raising concerns over trusted platforms
  • AI code review startup CodeRabbit raised $143 million in a funding round, valuing the company at $1.5 billion.
  • The round was co-led by Atomico and Smash Capital, with participation from new investors including BMW i Ventures and Datadog.
  • Investors are betting on increased demand for software monitoring and code fixes due to the surge in AI-generated code and sophisticated cyberattacks.
  • CodeRabbit conducts over 2 million code reviews weekly for more than 17,000 customers, including Nvidia and BMW.
  • The company plans to expand further in Europe and enter Asian markets, while also investing over $10 million to keep its AI tools free for open-source projects.
  • Chinese companies shifting focus from solar equipment to AI-enabled industrial tech
  • New generation of companies targeting global markets from inception
  • Goldman Sachs analysts identify 'Go Global 3.0' era in China
  • Pixel 11 starts at $899 with 256GB storage and a camera bar 40% thinner than the previous model
  • Pixel 11 Pro starts at $1,099; Pixel 11 Pro Fold is 10% lighter, 1mm thinner, and adds a 48MP camera with 30x zoom
  • Pixel Tag tracking device priced at $29 (or $99 for a four-pack) to rival Apple AirTag
  • Pixel Watch 5 health updates; 41mm model $399, 45mm $429, Stephen Curry edition $579
  • Gemini AI adds Live Transcribe for ASL and the Rambler voice-input feature for more natural speech
+
  • Twitch will use creators' videos and audio to train Amazon generative AI unless streamers manually opt out
  • Live Q&A drew nearly 3,000 viewers as community voiced strong opposition to the default opt‑out model
  • Amazon gains access to thousands of hours of livestream content for AI model training
  • Twitch added an opt‑out toggle in channel settings, but uncertainty remains about content already used
  • Around 70% of Japanese companies say AI is not yet fully integrated
  • Only about 15% have deployed AI at scale across core operations
  • Lack of skilled talent and unclear ROI are cited as primary obstacles
  • Approximately 195 TB of credentials leaked from the compromised LiteLLM package
  • Data affected more than 2,500 entities, including Microsoft, Amazon, Cisco, Samsung and Salesforce
  • The breach occurred within a 40‑minute window in March
  • Attack leveraged compromised versions of LiteLLM hosted on the Python Package Index
  • Fusion long joked as always 30 years away, but recent breakthroughs have shortened the timeline
  • Private investment and AI-driven research have accelerated progress over the past five years
  • MIT's framework seeks to align capital, risk models, and policy to enable commercial-scale fusion
  • Northrop's Mission Robotic Vehicle (MRV) launched with three Mission Extension Pods (MEPs) on a SpaceX Falcon 9 in July.
  • The MRV will attach an MEP to Optus's 2009 satellite in 2027, potentially adding six more years of service.
  • Existing Mission Extension Vehicles have already provided a decade of life extension to three satellites, with MEV-2 operating until 2030.
  • The MRV is designed for in‑orbit refueling and could service multiple high‑value satellites, shifting the business model toward reusable extensions.
  • Lower launch costs and modular components are enabling a new market for satellite repair and upgrades.
+
  • Shares dropped 16% in extended trading after Q2 revenue missed estimates ($180.1M vs $194.2M expected)
  • Q2 adjusted gross margin fell to 40.6% from 46.5% in the prior quarter
  • 2026 revenue outlook raised to $880‑$890M and margin target to 41‑43%, up from $855‑$865M and 38‑41%
  • Cloud business revenue quadrupled to $126M YoY, while hardware sales fell to $54.1M from $70.3M
  • Plans to expand manufacturing capacity >10x and support a $20B multiyear OpenAI compute agreement
  • ANPD gave Discord three business days to suspend its "Go Live" livestreaming tool nationwide.
  • The order follows a 45‑minute livestream in which a 13‑year‑old was encouraged to self‑harm and died by suicide.
  • Five teenagers were arrested, and police say another minor was rescued from a similar livestream attempt.
  • Regulators said Discord cannot analyze live video in real time, exposing minors to harmful content.
  • Open-weight models eliminate the high cost barrier of training foundation models, making them widely accessible.
  • Geoffrey Hinton says the battle over open weights is lost, as they are now a permanent fixture in AI.
  • Andrew Ng warns that China’s open-weight models could dominate developing markets and influence soft power.
  • Fei‑Fei Li advocates a nuanced approach, likening AI openness to regulated nuclear research.
  • JCB Hydromax achieved a two‑way average speed of 406 mph (653 km/h) at Bonneville Salt Flats
  • First hydrogen‑combustion engine to exceed 400 mph, establishing a new record for hydrogen‑powered cars
  • JCB began developing its own hydrogen combustion engine in 2020 after abandoning fuel‑cell technology
  • Hydrogen engine aims to replace diesel in JCB equipment, supporting UK carbon‑emission targets
+
  • Nightmare Eclipse revealed ShieldBreak, a zero‑day that impacts Windows 10, 11 (25H2) and Server 2025
  • The flaw bypasses Windows Defender, allowing privilege escalation to full system access; no patch released yet
  • Microsoft confirmed awareness and is investigating, amid prior legal‑threat controversy over zero‑day disclosures
  • Applications jumped 50% YoY to 726 from 39 countries
  • AI projects account for 84% (609) of all applicants
  • Kazakhstan and Uzbekistan each have six startups in the regional final
  • Prize pool totals $100,000, with top three winners receiving $50k, $30k, $20k plus OpenAI credits
  • 22 startups advance to regional final on Aug 12, three will go to TechCrunch Battlefield 200
+
  • YMTC-backed fund takes stake in SOI Micro
  • SOI Micro focuses on FD-SOI technology for low-power chips
  • Investment supports China's alternative chipmaking ecosystem
  • Philippines promotes a US-led Pax Silica hub to move up the semiconductor supply chain
  • Top diplomat Jose Manuel Romualdez warns the country could lose the opportunity if it "drops the ball"
  • Neighbouring countries are also courting US-linked supply chain investments, heightening competition
  • Analysts suggest rivals may be better positioned to deliver the hub
  • Total foreign investment in Japan's chip industry reaches 6 trillion yen ($37bn) after the Sony‑TSMC deal.
  • TSMC commits 3 trillion yen to two Japanese foundries, including a new facility in Kumamoto.
  • Sony Group will build an image sensor plant, adding to the overall investment total.
  • Tokyo's subsidy program supports the influx of overseas capital into the semiconductor sector.
  • Anthropic will embed invisible code in Claude's text to comply with the EU AI Act's transparency rules
  • The watermark is designed to allow downstream systems to detect AI‑generated content
  • Reddit users show mixed responses: some label it draconian, others view it as a sensible safeguard
  • Critics warn the watermark could penalize ordinary users such as students and journalists
  • No immediate market impact or price movement observed
  • ShieldFont replaces whole words with ligature-based substitutions visible only in rendered view
  • Scrapers that download raw HTML receive a nonsensical version, while users see normal text
  • Positioned as a practical opt‑out for web publishers against unauthorized AI training data collection
  • Created by designers Isaque Seneda and Gabriel Abrucio; white paper released August 2026
  • Mesh CRM released on Google Play for phones, tablets and foldables
  • Supports split-screen, pop-up view, keyboard shortcuts and home-screen widgets
  • Free tier covers up to 1,000 contacts; paid tiers add unlimited contacts and AI features
  • Around 70% of Mesh users employ the app for business networking
  • Early-access Nexus AI lets users query contacts by company, location or expertise
  • AI research often targets high‑profile challenges, overlooking lucrative niche markets
  • Significant fortunes could be hidden in under‑served sectors where AI adds value
  • Redirecting effort toward these gaps may unlock new revenue streams for tech firms
  • AI notetaking hardware has expanded to cards, pendants, earbuds and now voice‑focused rings
  • Sandbar's ring aims to capture stray thoughts and convert them into actionable summaries
  • Industry sees wearables as the next growth frontier for AI‑driven productivity tools
  • Creator Studio app now available on iOS in the United States and Canada
  • AI assistant provides personalized posting times and comment insights
  • App adds AI-driven comment drafting and daily priority feed for creators
  • Launch follows Meta's recent releases of Forum, Instants, Pocket, and StoryKit
  • ANPD ordered Discord to halt its "Go Live" livestreaming feature until child‑protection measures are proven
  • Discord must prove compliance within three business days or face fines up to 50 million reais per violation
  • The measure follows a probe after a 13‑year‑old girl was allegedly persuaded to take her own life in an online group
  • Discord can appeal the decision within 10 business days, with a further appeal to ANPD's board possible
  • Tech companies are purchasing used rare books to feed AI training pipelines
  • Booksellers warn that many physical copies could be permanently lost as pages are shredded
  • The scale of the practice may be larger than current reports suggest
  • Google's Quick Share now enables tap-to-share for contact information, photos, and videos between compatible Android devices.
  • Users can initiate an "instant, two-way exchange" by bringing devices close together.
  • The update mirrors Apple's NFC-powered NameDrop feature, enhancing device interoperability.
  • The feature is rolling out on Pixel 6 and newer devices, with Samsung Galaxy Z Fold8 Ultra, Fold8, and Flip8 to follow.
  • Broader device support is expected by year-end.
  • Honor launches Robot Phone with 3-axis mechanical gimbal camera for video stabilization and interactive nodding
  • Aims to differentiate in cooling global smartphone market with novel hardware feature
  • Camera activated by hand gesture, unfurling from device back via motorized mechanism
  • Tech entrepreneur Keith Li King-wah to rebuild David Webb's 27-year-old database using AI
  • Project aims to bring the database 'into the modern era'
  • Database was created by late Hong Kong corporate governance activist David Webb
+
  • HateAid lodged a criminal complaint alleging Meta's Ray‑Ban Meta Wayfarer glasses breach German digital privacy law
  • Complaint also targets EssilorLuxottica, retailers Fielmann, Apollo‑Optik, Mister Spex and MediaMarkt
  • Germany's digital crime prosecution unit ZIT received the filing and will conduct a preliminary probe
  • Federal Network Agency (BNetzA) says smart glasses are permitted only if recording function is visibly indicated

Companies 66

  • Goldman Sachs will acquire active ETF provider Neos Investments for as much as $2.25 billion.
  • Neos manages $30 billion in assets across 19 options-based ETFs, designed for income generation and risk mitigation.
  • The acquisition aims to strengthen Goldman's asset management unit, capitalizing on growing demand for derivative income ETFs.
  • The deal, expected to close in Q1 2027, will propel Goldman's active ETF assets to $80 billion.
  • This follows Goldman's earlier $2 billion buyout of Innovator Capital, another options-based ETF provider.
+
  • Q2 revenue up 11% YoY to 204.8 bn yuan, meeting LSEG estimate of 202.2 bn yuan
  • Net profit rose 0.7% YoY to 56 bn yuan, below analysts' 61.8 bn yuan expectation
  • AI-driven advertising revenue jumped 22% to 43.6 bn yuan; Q2 capex rose to 52.8 bn yuan
  • Domestic gaming revenue grew 17% to 47.3 bn yuan, while overseas gaming fell 0.8% to 18.6 bn yuan
+
  • Shein's expected IPO valuation cut to $30-40 billion from $100 billion peak
  • Investors question growth prospects due to slowing sales, rising costs, and changing market conditions
  • Morgan Stanley estimates fair value range of $39-52 billion, based on 18-24 times projected 2027 earnings
  • Wintermute reportedly plans to invest $1 billion.
  • The investment will target AI infrastructure development.
  • Funds are also allocated for high-frequency trading operations.
  • This strategic move is part of the company's expansion into traditional finance (TradFi).
+
  • Trial starts Aug 18 in Oakland, expected to run up to seven weeks with 29 states as plaintiffs
  • States allege Meta designed addictive features and illegally collected children's data
  • Potential damages cited as high as $1.4 trillion, close to Meta's $1.5 trillion market cap
  • Plaintiffs request age restrictions, removal of infinite scroll, and limits on algorithmic content
  • Recent related rulings include a $567 million judgment in New Mexico and a settlement with a Kentucky school district
+
  • Bank of America will allocate $250 billion over the next decade to AI and energy infrastructure.
  • The investment targets U.S. critical sectors, aiming to boost domestic AI capabilities and grid modernization.
  • Funding will be deployed through the bank’s capital markets and lending platforms, joining peers with similar pledges.
+
  • President Michael De Luca sold approximately $16 million worth of WBD shares
  • The transaction was disclosed in a recent SEC Form 4 filing
  • The sale represents a modest portion of his holdings and does not affect company operations
  • COMAC’s C919 narrow-body jet operated first international flight (Beijing to Ulaanbaatar) on Air China’s daily service
  • C919 remains reliant on foreign components (e.g., CFM engines by GE/Safran) and lacks major regulator certifications
  • COMAC delivered only 32 C919s by end-2025 vs. Airbus’ 100 narrow-body deliveries to China in 2025 alone
  • The Intercept and Freedom of the Press Foundation filed a federal lawsuit against President Trump and Trump Media & Technology Group.
  • The complaint alleges the Truth API charges $60,000‑$100,000 per month for real‑time access to presidential posts.
  • More than 10 customers had subscribed to the service as of August 10, according to the filing.
+
  • ANZ's net profit edged higher year‑over‑year, beating forecasts
  • Mortgage applications fell after recent property tax reforms
  • Revenue growth was modest, offset by tighter credit conditions
+
  • Warren Buffett retired as CEO on Jan 1, ending a 60‑year tenure at Berkshire Hathaway.
  • Greg Abel, with the firm since 1999, succeeded Buffett as CEO while Buffett stays chairman.
  • Chinese investors have long treated Berkshire meetings as a 'north star,' and its future appeal depends on Abel's stewardship.
+
  • Ford will increase Lincoln vehicle production in the United States beginning in 2030
  • Imports of Lincoln models from China will be phased out for the U.S. market
  • The shift is projected to generate thousands of direct and indirect U.S. jobs
  • Ford assembled over 2 million vehicles in the U.S. in 2023, the highest among automakers
  • Nebius posted earnings that beat expectations
  • CoreWeave delivered strong results alongside Nebius
  • Investor sentiment turned positive toward neocloud stocks
  • Stock rose 44% month-to-date, driven by strong demand for cybersecurity solutions
  • Shares are up 113% since the AI model first flagged the company as a pick
  • AI prediction highlighted the firm's growth potential ahead of earnings
  • Sector outperformance reflects broader market shift toward security technology
+
  • Lumentum shares surged after reporting better‑than‑expected earnings
  • The rise reinforces optimism in the optical‑networking market
  • Investors now focus on Coherent's upcoming earnings for further momentum
  • Thunder Bridge Capital Partners V priced its initial public offering at $261 million
  • The IPO will be listed on the Nasdaq exchange
  • The offering size places the company among mid-sized U.S. listings this quarter
+
  • Loss of $2.37 per share versus expected loss of $0.15 per share
  • Revenue $14.4 million, down 5% YoY and missing $20.6 million consensus
  • Transaction volume surged 147% to $5.3 billion despite revenue decline
  • Average tokenized assets under management hit a record $4.3 billion
  • Lee McIntire, former CH2M Hill and TerraPower executive, named CEO of Fermi
  • Fermi stock up roughly 23% since Monday following the leadership change and new lease
  • Company signed TensorWave as its first binding customer for the Project Matador campus
  • Project Matador will use nuclear reactors to power data centers in Amarillo, Texas
+
  • Q2 revenue $180M missed LSEG consensus of $194M
  • Adjusted loss per share 5c versus expected 17c
  • Full-year core revenue guidance raised to $880M‑$890M from $855M‑$865M
  • Shares fell about 14% in extended trading after earnings release
  • Company projects gross margin of 38%‑40% for the current quarter
+
  • Activist investor Bill Peltz's consortium is lining up a bid to acquire Wendy's.
  • The proposal would take the fast‑food chain private, removing it from the NYSE.
  • No price or valuation details have been disclosed; talks are ongoing.
+
  • Profitability trends improve, with margins expanding year‑over‑year.
  • Management projects a sizable increase in sales for the upcoming fiscal year.
  • Analysts caution that the current momentum may be difficult to sustain.
  • SpaceX shares increase following optimism about its AI unit's growth prospects.
  • The company aims to generate significant revenue from its Grok AI platform.
  • Investors view the AI push as a diversification beyond rocket launches.
+
  • Alphabet stock slipped after news of Nvidia's $500 billion financing program for AI and custom chips
  • The financing deal, backed by major Wall Street investors, could intensify competition for Alphabet's AI hardware
  • Analysts view the development as a bearish signal for Alphabet's near‑term earnings outlook
+
  • Cisco's revenue rose 18% year‑over‑year, driven by AI‑related sales
  • The company projected 2027 revenue well above prior expectations
  • Shares dropped after the earnings release, ending lower despite the strong results
  • Management highlighted an AI “supercycle” as a long‑term growth catalyst
  • CoreWeave stock jumped 19% in a single session
  • The surge helped lift other shares tied to AI build‑out
  • AI‑focused equities gained on heightened sector optimism
+
  • Wendy's stock jumped more than 14% following Financial Times report of a Trian Fund Management takeover proposal
  • Trian, backed by BlueFive Capital and franchisee Flynn Group, holds a 7.85% stake; Nelson Peltz personally owns 16.24% of Wendy's
  • The chain has reported six straight quarters of same‑store sales declines, with the stock up about 4% year‑to‑date
  • Trading was temporarily halted due to heightened volatility
+
  • Production to resume next week after a seven‑month shutdown
  • Workforce will be 1,400 employees at the Ohio facility
  • Shutdown began in January due to a drop in EV consumer demand
  • Tennessee JV now produces energy‑storage system batteries instead of EV cells
  • Samsung SDI purchased GM's stake in the Indiana EV battery joint venture
+
  • Elliott named six potential directors for Northern Star Resources (ASX: NST)
  • The nominations follow failed talks with Australia's largest gold miner
  • Activist push aims to increase Elliott's influence on the company's governance
  • Northern Star's board will review the candidates at its upcoming meeting
+
  • Cisco forecasts FY2027 revenue of $72.2‑$73.4 bn, above analysts' $68.69 bn estimate
  • AI infrastructure orders expected to reach $7.5 bn in FY2027 after $9.3 bn in FY2026
  • Q4 revenue rose 17.6% to $17.25 bn, beating the $16.82 bn consensus
  • Adjusted gross margin for Q1 projected at 65‑66%, slightly under the 66.1% market view
  • Shares slipped >4% in after‑hours despite a 60% YTD gain
  • Short interest fell to about 11% of public shares, down from a peak of 34% last week.
  • Shares jumped 11% to around $148, roughly 41% above the Aug. 3 low and 10% above the IPO price.
  • Lockup expiration added 911 million shares (~7% of total) to the tradable float, cutting short interest percentage.
  • Further lockup releases slated: 319 million shares on Aug 20, ~700 million in September, and similar volume in October.
  • FTC settlement totals $23.8 million, to be paid to 640,038 consumers
  • Most recipients will receive checks; some will be paid via PayPal
  • Allegations include misleading driver earnings and up to 325,000 unauthorized restaurant listings
  • Grubhub must improve earnings disclosures, allow account challenges, and obtain restaurant consent before listing
  • Settlement follows a recent $25 million deal for 60,000 California drivers
+
  • Paramount Skydance is considering selling CNN amid a lawsuit by 12 states, led by California.
  • The antitrust case targets the proposed $110 billion merger with Warner Bros. Discovery, citing a 27% share of US theatrical releases.
  • Paramount Global stock rose 1.1% and Warner Bros. Discovery stock rose 1.4% in midday trading after the remarks.
  • Selling CNN would not resolve the core antitrust concerns, which focus on market concentration.
  • Cognition raised $1 billion at a $26 billion valuation in May.
  • New round could target at least a $40 billion valuation tied to $1 billion annualized revenue run rate.
  • Current annualized revenue run rate is $492 million, with enterprise usage of Devin up 50% month‑over‑month.
  • Notable customers include Mercedes‑Benz, NASA and Goldman Sachs.
  • Raised $2 billion in new funding, valuing the company at $12 billion
  • Backed by investors including SoftBank, D1 Capital Partners and Altimeter Capital
  • Plans to launch a third platform for regulatory services on physical assets, leveraging OpenAI partnership
  • Current accounting arm serves over 50 firms, processed 7,000 tax returns at 98% accuracy, cutting prep time >30%
  • Shield IT arm accelerated help‑desk resolution 36‑fold and doubled AI agent deployments last month
+
  • Google announced a DeepMind leadership overhaul on Aug 5, naming Koray Kavukcuoglu as chief AI architect
  • Gemini flagship version delayed by two months after internal tests showed it lagging rivals
  • Google shares fell roughly 4% on the day the reshuffle was disclosed
  • Two original Gemini technical co-leads quit to launch a startup
  • Co-founder Sergey Brin urged AI staff to accelerate development and focus on recursive self-improvement
  • Pipper Standard, a Bangkok-based brand, gains recognition in Asia's wellness market with its natural daily-use products.
  • The brand's patented pineapple fermentation technology, 'Pineapple Power,' transforms Thailand's pineapple into high-performance, biodegradable cleaning and softening agents.
  • Pipper Standard's products are available in over 15 Asian markets, spanning home care, laundry, personal care, baby care, and pet care.
  • A Manhattan lawsuit seeks to block Trump Media's Truth API that sells advance post access for $60,000‑$100,000 per month.
  • The service provides faster access to market‑moving posts from Trump and nine other top accounts on Truth Social.
  • Trump Media has signed more than 10 customer agreements for the API, charging $60,000‑$100,000 monthly per client.
  • The suit alleges the scheme violates the First and Fifth Amendments and is "extraordinary, corrupt, and unconstitutional."
  • Since taking office in January 2025, Trump has posted between 9,000 and 11,000 times on Truth Social.
+
  • Project Crystal Sun could cost up to $10.1 billion
  • Factory would create about 9,700 full‑time jobs
  • Tax liability without incentives estimated at $1.1 billion over 37 years
  • Groundbreaking slated for 2024 with completion targeted for 2028
  • First solar panels expected to roll off the line in 2029
  • Form Energy raised $750 million in a Series G round led by T. Rowe Price
  • Funding will scale iron‑air batteries capable of discharging up to 100 hours
  • U.S. energy storage installations rose 32% YoY to 9.7 GWh in Q1 2024
  • Form's backlog grew to about 80 GWh, a fourfold increase from earlier this year
  • Customers include Google (30 GWh project) and Crusoe (12 GWh order)
  • Raised $400 million in Series C, valuing Lovable at $13.3 billion
  • Previous round in Dec raised $330 million at $6.6 billion valuation
  • Reported $500 million annualized run‑rate revenue in June
  • Hosts 60 million projects and 900 million monthly visitors
  • Signed multiyear Google Cloud deal, five‑fold increase in usage
+
  • FY 2026 revenue projected above $828 billion, up 15.5% YoY
  • FY 2027 CapEx forecast near $280 billion, matching EBITDA of over $280 billion
  • Current valuation ~22× FY 2027 adjusted EPS of $12.35 per share
  • Trade idea: sell 240 Sep 25 put, sell 300 Sep 25 call, buy 320 Sep 25 call
  • Stock has been flat since a 15% jump after July 30 earnings, with few near‑term catalysts
  • Minute Media ended the $250 million VideoVerse acquisition in May 2026 after discovering significant discrepancies.
  • Founder Vinayak Shrivastav is sued for alleged $64 million loan fraud and forged signatures on merger documents.
  • Investors and creditors, including Bluestone Capital and Lingotto, claim tens of millions of dollars are missing from the deal.
  • VideoVerse’s AI clipping platform Magnifi, used by IPL and FIFA+, is now under scrutiny as the startup faces multiple legal actions.
+
  • NioCorp Developments' Elk Creek project in Nebraska valued at $3.4B
  • Net present value increased by 46% after product range expansion
  • Project expansion more than doubles product range
+
  • Gold Fields' Salares Norte mine in Chile offsets weaker production at Gruyere (Australia) and Tarkwa (Ghana)
  • Salares Norte expected to drive 2024 production growth despite mine closures elsewhere
  • Gruyere and Tarkwa face declining output due to operational challenges
+
  • Indian court throws out fraud allegations targeting Adani executives and subsidiaries
  • The dismissal removes a major legal risk for listed Adani entities such as ADANIPORTS and ADANIENT
  • Flight‑tracking platform sues Kalshi over alleged misuse of data in flight‑cancellation prediction markets
  • Trade groups lobby the FTC to scale back its emerging AI‑regulation focus
+
  • CoreWeave Q2 revenue doubled to $2.58 billion, narrowly beating forecasts
  • Net loss narrowed to $626 million, better than analyst expectations
  • Backlog stands at $104 billion; Q3 sales forecast $3.45‑$3.6 billion and FY revenue $12.4‑$13.2 billion
  • Shares jumped ~16% in pre‑market trading; IREN and Cipher Digital each rose ~5%
  • AI infrastructure demand outpaces crypto, with Bitcoin trading below $64,000
+
  • Net profit fell 87% to 1.54bn baht versus 12.13bn baht in Q2 2025
  • Revenue rose 8.5% YoY to 48.62bn baht, driven by a 20.3% increase in passenger yield
  • Total expenses jumped 29.7% YoY, with fuel costs up 104.6% year‑on‑year
  • ASK declined 4.4% and RPK fell 11.3% YoY, pushing cabin factor to 71.5% from 77.0%
  • Cash and cash equivalents stood at 123.76bn baht as of June 30, 2026
  • Chairman Natarajan Chandrasekaran will resign effective February 2027.
  • He has led Tata Sons for a decade since 2017.
  • Departure follows internal rift over an IPO and broader business challenges.
+
  • CEO Michael Chiang told investors on Aug. 12 that Nvidia's new modular AI server platform will boost Foxconn's share
  • Foxconn cites its large manufacturing scale and integrated supply chain as a competitive advantage
  • New entrants are targeting AI server demand, but Foxconn remains confident it can expand its position
+
  • MUFG plans to enable near‑real‑time settlement for select JGB repo transactions using blockchain
  • The new system aims to cut the current settlement cycle, which can take a day or longer, to seconds
  • Tokenised money‑market funds and a stablecoin will be used to facilitate the blockchain‑based trades
  • FlightAware voluntarily dismissed its lawsuit against Kalshi without prejudice, allowing possible refiling
  • Kalshi's aviation contracts recorded only 31,412 contracts traded, $1,842.48 volume, and 1,120 open interest
  • Retail participation in the flight‑cancellation niche is minimal versus Kalshi's $148 billion total volume this year
  • CTO Tsao sold shares valued at $928,600.
  • The sale was disclosed in a recent regulatory filing.
  • No immediate effect on company operations was indicated.
+
  • Annual profit fell 42% year‑on‑year to AUD X million
  • Revenue from the Americas region dropped Y% due to weaker demand
  • Management cited lower consumption and pricing pressure in key markets
  • The profit slump may prompt a review of cost‑saving measures
+
  • CEO Bill Wilson sold $829,700 worth of Townsquare Media shares
  • The sale was disclosed in a recent SEC filing
  • No details on the number of shares or percentage of holdings were provided
+
  • EVP bought and sold shares of California Resources Corp totaling $642,978
  • Transactions involve common stock only
  • No indication of net increase or decrease in EVP's holdings
+
  • Attributable profit rose 3.2% to A$2.24 bn, missing consensus of A$2.30 bn
  • Mobile revenue grew 3.2% to A$11.37 bn, with ARPU up across all segments
  • Announced an additional share buyback of up to A$1 bn after a A$1.25 bn program
  • Final dividend increased to 10.5 c per share from 9.5 c last year
  • Forecast FY2027 EBITDAaL of A$8.5‑8.8 bn and cash EBIT of A$4.75‑4.95 bn
+
  • CEO Haytham Hodaly outlines how the streaming model is performing in the current market environment
  • Streaming agreements continue to give investors exposure to precious metals without direct mining risk
  • Wheaton Precious Metals aims to expand its streaming portfolio while managing operational costs
+
  • TSX:BGAU began drilling at the Rosebud open-pit, heap‑leach project in Nevada
  • Hole BG26-027 intersected broad mineralized zones near historic underground mines
  • Findings bolster the prospect of an open‑pit, heap‑leach mining operation
+
  • Apex Critical Metals (CSE: APXC, US-OTC: APXCF) reported new drill intercepts exceeding 4% total REO at the Rift project in SE Nebraska.
  • The high-grade results broaden the known zone of rare earth mineralization, enhancing the project's ranking among U.S. rare earth assets.
  • The company plans further drilling to delineate the expanded resource and advance potential development.
+
  • Helix hacking group alleges theft of mailboxes, cloud storage and accounts‑payable files from Uber Freight
  • Uber Freight reports no impact on business operations and says systems are running normally
  • Google estimates the gang earned at least $10.6 million in ransom payments from Jan‑May 2024
  • CFTC invoked emergency authority to keep the prediction market exchange running
  • Trump administration directed Kalshi to remain active under the Commodity Exchange Act
  • New York Attorney General Letitia James sued Kalshi on July 31 seeking an injunction and restitution
  • Recall includes instant baby congee (expiry 22 Jun 2027) and three instant rice-shaped pasta flavours
  • Pasta varieties recalled: salmon & cream, tomato & chicken, vegetable & beef
  • Production of all three pasta lines has been suspended pending investigation
  • Government to require deals with at least 8 media companies (up from 6) under revised media bargaining law
  • 5% of funds raised to support Australian Associated Press (AAP), reviving non-profit newswire service
  • Tech firms to pay 2.5% of Australian ad revenue, with single-deal cap set at 25% of levy liability
+
  • Revenue rose 80% YoY to $4.3 bn, driven by digital asset sales
  • Net loss of $19 m versus $38.3 m profit a year earlier; adjusted EBITDA loss of $4.2 m
  • Client count up 26% to 5,833 and platform assets up 31% to $65.2 bn
  • CFO Ed Reginelli will exit next quarter; share buyback authorized up to $50 m
  • Shares fell about 5% after earnings release
+
  • Sharp was acquired by Foxconn (Hon Hai) in 2016, marking a decade under its ownership
  • Ex-president Katsuhiko Machida criticizes the shift away from Sharp's focus on unique products
  • Machida describes the Foxconn-led strategy as "negative" for Sharp's innovation
  • Chase offers up to $3,000 bonus for new Chase Private Client Checking with $500k deposit
  • Total Checking + Savings combo yields up to $900; Secure Checking pays $175
  • Promotions expire Oct 14, 2026; no bonuses for existing Chase customers

Thai Markets 9

+
  • GPF plans to increase AI‑related investments as part of its portfolio
  • Target allocation to Thai equities set at roughly 5% of total assets
  • Projected annual returns for the new allocations are 2.7%–3.7%
  • Fund views AI and Thai market as safe havens amid global volatility
+
  • Bualuang Securities forecasts the SET index to rise above 1,700 points by next year
  • A global manufacturing recovery and returning foreign capital are expected to lift Thai equities
  • AI and data‑centre investments are identified as key growth drivers for the market
  • Sectoral gains of up to 5% are anticipated in technology‑related stocks
  • Chinese arrivals forecast at 5.1 million in 2024, a 14% increase from the 2025 low benchmark
  • Seat capacity on Thailand‑China routes rises 8.7% to 8.47 million seats, with Bangkok accounting for 83% of flights
  • First half of 2024 recorded 2.6 million Chinese tourists in Thailand, outpacing Japan's 2.1 million
  • 64% of Chinese outbound travelers are under 35 and two‑thirds earn 5,000‑19,999 yuan per month, fueling demand for experiential trips
  • TAT launches joint promotions with airlines, OTAs and Chinese social‑media platforms to attract younger travelers
  • Grab holds ~70% of ride-hailing market in 2024; Bolt projected at ~45% by 2026, forming a behavioral duopoly
  • GrabFood and Line Man Wongnai together control 80-90% of food‑delivery volume in 2026, with ShopeeFood at ~10%
  • TCCT received 68 complaints this year, 17 related to digital platforms, prompting a subcommittee to draft new guidelines by Aug 18
  • Regulators flag opaque dynamic pricing, below‑cost fares and self‑preferencing as practices under scrutiny
  • Revised budget increased by 18.25bn baht to 122.72bn baht overall
  • Chumphon‑Surat Thani section cost rises to 36.89bn baht (up from 30.42bn)
  • Surat Thani‑Hat Yai‑Songkhla section cost rises to 77.46bn baht (up from 66.27bn)
  • Construction slated to start July 2027 with project spans of 48‑72 months
  • Around 300 communities may be relocated for flood‑mitigation viaducts
  • Rules to take effect in Q4 2024, adding upfront deposits and a Type 9 electricity tariff for new data centres
  • Developers must post a guarantee of 4.5 million baht per megawatt and prove commercial operation within 5‑7 years
  • Facilities up to 500 MW will be required to install battery storage and may incur ancillary service charges if they trigger emergency generation
  • Regulation will favor hyperscale centres that generate jobs and tax revenue over crypto mining or passive storage
  • PM Anutin Charnvirakul signed a request for a Royal Command to dismiss NBTC chair Dr Sarana.
  • NBTC selection committee voted unanimously on July 17 that Dr Sarana has a prohibited characteristic under Section 8(2).
  • The commission failed to achieve a quorum for the fourth time after the Aug 11 meeting was disrupted.
  • Dr Sarana says he resigned from Mahidol University and Ramathibodi Hospital on Jan 8, 2022 and worked as an independent doctor.
  • The dispute raises concerns over NBTC's ability to oversee telecom matters, including the True Corp‑DTAC merger.
+
  • Approved roughly 1 million of 10 million loan applicants, leaving about 9 million rejected
  • Reduced credit cost to around 10% from roughly 20% in its first year
  • First half 2026: 930,000 loan customers (+15% YoY) and loan portfolio of 29 bn baht
  • Aims to reach 2 million borrowers and a 50 bn baht loan book within three years
  • Generated its first net profit in 2025; future growth tied to economic conditions
+
  • Thailand launches a new government bond program with a $3 minimum investment
  • Targeted at retail investors to boost savings amid household debt near 80% of GDP
  • Scheme aims to deepen the domestic bond market and reduce reliance on foreign borrowing

Other 42

  • Deal valued at $12.5bn, setting a record for a North American sports franchise
  • Purchase by venture capitalist Josh Kushner and former Disney CEO Bob Iger pending board approval
  • Previous owner Mark Walter acquired the Lakers for $10bn last year
  • Lakers' valuation rose from $10bn to $12.5bn within a year
  • Deal follows a federal probe into Mark Walter's broader financial holdings
  • A total solar eclipse was visible in Iceland and Spain on 12 Aug 2026
  • The eclipse's path of totality spans 290-300 km across Europe
  • It marks Europe's first total solar eclipse in 27 years
  • Crowds gathered in both countries to watch the darkness
  • Trump signed a national security memorandum permitting federal law enforcement to use private‑sector cyber tools against foreign transnational criminal organizations
  • Participating companies must maintain a bond or escrow of at least $1 million
  • DHS and the Department of Justice will oversee a program for cyber surveillance and "cyber effects" operations targeting ransomware, fraud and related crimes
  • The framework encourages private firms to partner with government agencies to gather threat intelligence and propose cyber operations
  • More than 2,000 deaths reported out of over 4,300 confirmed cases
  • Outbreak may surpass 2014-16 West Africa crisis that killed >11,000 people
  • Rare Bundibugyo strain has no approved vaccine or treatment
  • Containment hindered by remote terrain, conflict and health‑worker strikes
  • Solar companies are building dual-purpose farms that keep agricultural activities viable under panels
  • The model addresses criticism that solar farms displace arable land
  • Combining farming with solar aims to boost clean power output while maintaining food production
  • Industry hopes the approach will expand renewable capacity without reducing farmland
  • Hackers claim to have posted data of 15 million Kazakhstani citizens for sale on dark web.
  • Alleged breach linked to eGov service; ministry says no confirmed evidence of system compromise.
  • Follows a previous leak of 16.3 million records in June 2025.
  • Seller values the dataset at about $32,000; includes passports, phone numbers, emails, passwords.
  • Kazakhstan's AI and digital development ministry has opened an investigation amid broader AI initiatives.
  • Formula E has signed a multiyear deal to broadcast races on Disney+ and ESPN+ in 144 countries, starting with Season 12 in December.
  • The new agreement provides live coverage of every ePrix, from practice to race, replacing Roku as the US broadcaster from next season.
  • Formula E's CEO Jeff Dodds called it a "landmark moment" for the championship, aiming to reach millions of new fans globally.
  • The series will debut its new GEN4 car in December, featuring double the power (603 hp nominal, 804 hp in Attack Mode) and all-wheel drive.
  • The GEN4 car's power output will be comparable to a 2027-spec Formula 1 car for much of a lap.
  • The World Health Organization (WHO) warned that President Trump’s proposed overhaul of child vaccination policy in the US goes against “decades of evidence”.
  • Trump signed an order pushing for a rethink of school vaccine mandates.
  • The order reiterated calls for the measles, mumps, and rubella (MMR) vaccine to be administered as three separate shots.
  • Health Secretary Robert F. Kennedy Jnr, who founded an anti-vaccine group, has promoted a disproved link between the MMR shot and autism.
  • Honda has formalised a collaboration with Tata Group, signalling deeper foreign‑local ties in India.
  • The partnership trend aims to curb capital‑expenditure pressures by sharing costs and local expertise.
  • Other global carmakers, including Toyota and Hyundai, are also pursuing similar joint‑venture arrangements.
  • India's auto market remains fiercely competitive, prompting firms to adopt the China playbook for growth.
  • Heidi Beirich, 59, arrested on wire fraud, false statements, and money‑laundering charges.
  • Indictment alleges over $4 million in donor funds diverted to informants between 2007‑2023.
  • Justice Department says SPLC misled donors; SPLC and supporters claim charges are politically motivated.
  • 11 people indicted for a network that arranged over 1,000 sham marriages
  • Scheme targeted Chinese nationals seeking green cards and involved at least 14 active-duty soldiers
  • Marriages took place between May 2023 and August 2025, with soldiers stationed at a Kentucky base
  • Indictment filed in a New York federal court; specific identities of many participants not disclosed
  • BMA inspected 948 entertainment venues between July 19‑Aug 4, with 209 meeting safety standards
  • 632 outlets required improvements; 580 were asked to correct, 52 ordered to fix, and 107 ordered to close
  • Inspections target over 1,000 venues across seven northern districts, focusing on fire safety, escape routes, and flammable materials
  • The campaign follows the July 12 fire at Na Ladprao beer hall that killed 37 people
  • Central Committee approved 8,545 vacancies but 15,520 candidates were appointed.
  • Score mismatches revealed; some failed candidates were given passing marks and extra points added to others.
  • Subcontractor duplicated result data and may have manipulated scores.
  • Recommendations include revoking unlawful appointments, recovering salaries, and creating a fraud offenders database.
  • More than 3,000 pages of evidence submitted to the National Anti-Corruption Commission.
  • Government proposes three-year fixed-term licences for firearm possession
  • Paper licences to be replaced by a real-time electronic tracking system for imports, sales and transfers
  • Cabinet suspends issuance of purchase permits and all current carry permits have expired
  • Spousal benefit can be claimed at age 62 at 50% of husband's full benefit
  • Own retirement benefit can be delayed until age 70, increasing by roughly 8% per year after full retirement age
  • Switching to the higher personal benefit at 70 may yield a larger monthly payment than the spousal benefit
  • Karoline Leavitt will leave the press secretary role at the end of the month, staying on as a senior advisor.
  • Leavitt, 28, is the youngest ever White House press secretary and mother of two children.
  • Her exit coincides with declining Trump poll numbers and the upcoming November midterm elections.
  • Leavitt previously served in Trump’s first term and the 2024 campaign, and announced her second child's birth in May.
  • She recently reshaped White House media credential policies to favor pro‑Trump outlets.
  • Magnitude 7.4 earthquake struck western Colombia on Aug 10, 2026
  • Hundreds killed and thousands reported missing two days later
  • Hospitals face supply shortages while communications outages hinder rescue
  • Rescuers continue searching collapsed buildings for survivors
  • Beijing Spectrometer III (BES III) experiment reports convincing evidence of glueballs
  • Findings detailed in arXiv preprint 2607.20366 released in July 2026
  • Results were presented at the International Conference on High Energy Physics (ICHEP) last week
  • At least seven people confirmed dead after hillside collapse in Maharashtra
  • Heavy rains on Wednesday caused the landslide that hit residential houses
  • Several others were injured; rescue operations underway
  • The incident occurred in the Mumbai region of western India
  • No economic or market impact reported
  • Trust, Accountability and Inclusion Collaborative says current financing leaves junior miners unprepared for ESG requirements
  • Lack of resources to address environmental and social concerns leads to longer approval timelines
  • Delays increase overall project costs and hinder timely development of new mines
  • 50% of Americans living paycheck to paycheck would struggle with a one‑week pay delay.
  • 61% say their pay schedule doesn’t align with bill due dates, worsening cash‑flow gaps.
  • Credit‑card solutions highlighted include Chase Freedom Unlimited’s $200 bonus after $500 spend and 0% intro APR for 15 months.
  • Tips advise prioritizing essential bills, cutting non‑essential spending, and contacting landlords or issuers for payment extensions.
  • Eclipse crossed Iceland, Britain and parts of Europe, with totality lasting roughly two minutes
  • First total solar eclipse in Europe in 27 years, observed by millions
  • Approximately 15 million people experienced near‑total darkness along the path of totality
  • Partial eclipse visible across much of Western Europe, Northwest Africa, Canada and the northern US
  • At least 200 DHS-owned drones repurposed for animal‑health surveillance
  • More than 1,000 drone flights conducted since June
  • Over 22,000 animals inspected for New World Screwworm infestations
  • First screwworm cases reported in South Texas in June 2026
  • Thousands of families have fled their homes in Baidoa amid severe, years‑long drought.
  • Prolonged drought has led to loss of livestock and farms for hunger‑stricken households.
  • Sharp reductions in humanitarian aid have intensified the crisis for displaced people.
  • Horonobe Underground Research Lab tests geological disposal of high-level nuclear waste in sedimentary rock
  • JAEA and OECD/NEA launched 2023-2029 international project with 10+ countries to validate repository designs
  • Japan’s broader repository search remains stalled; only two municipalities agreed to preliminary surveys
  • Hong Kong's subdivided flats are turning into heat traps during hot weather
  • Temperature in some homes exceeds 40°C (104°F), outpacing nearby monitoring stations
  • Residents struggle with limited cooling options, highlighting urban planning issues
  • Finance director of Hong Kong Chu Hai College remanded in custody
  • Suspected embezzlement of HK$41 million (US$5.2 million) over three years
  • Wife and contractor also denied bail for handling illicit proceeds
  • Last villagers to leave Cha Kwo Ling squatter settlement by August 25
  • Area to be redeveloped for public housing
  • Residents face displacement and potential loss of community
  • Malaysia to use palm oil to cool data centres due to water scarcity
  • Researchers develop palm-based liquid to reduce water usage
  • Palm oil to support Malaysia's expanding digital infrastructure
  • 19-year-old university student arrested for swindling HK$3m
  • Student allegedly impersonated mainland Chinese officials
  • Police warn youngsters to stay vigilant against scams
  • 24 of 28 elevators in the new block malfunctioned, delaying clinical service launch
  • Contractor Anlev Elex Elevator criticized by lawmakers over lift failures
  • Project valued at HK$13.5 billion (US$1.72 billion) may face further postponement
  • The amoeba, first identified in 1986, has caused roughly 200 human cases globally.
  • About 90% of infections with this pathogen have been fatal.
  • The Washington toddler experienced rapid symptom escalation, leading to death despite hospital care.
  • PSG defeat Aston Villa 2-1 to claim back-to-back UEFA Super Cup titles.
  • Desire Doue scored in the 61st minute after VAR review confirmed on‑side.
  • Khvicha Kvaratskhelia opened scoring in the 20th minute; Brian Madjo became youngest scorer in a Super Cup final.
  • Etna has been spewing ash and lava for several consecutive days
  • Catania airport shut, halting flights to Sicily
  • Tour operators report a flood of bookings for night hikes to view the eruption
  • Cambrian Explosion (600-540M years ago) may have been fueled by first poop pellets
  • Poop spread nutrients to deeper ocean layers, enabling larger and more diverse animals
  • Research links waste recycling to rapid evolutionary diversification
  • A Hong Kong court ordered a retrial for a murder suspect after a jury failed to reach a verdict.
  • The jury deadlocked on whether the suspect committed the crime while suffering from a delusion of electromagnetic harassment.
  • The 23-day High Court trial of former software developer Matthew Choi concluded with a hung jury.
  • National Cultural Heritage Administration issued a notice to all museums to improve emergency management during the summer peak season.
  • Recent incidents include a power outage at the Terracotta Warriors museum in Xi'an and reports of blackouts, AC failures, and overcrowding.
  • The notice calls for a nationwide cultural safety review to address operational failures and public safety concerns.
  • East (dong) represents sunrise, spring, hope and prestige
  • South (nan) symbolizes midday, summer, growth and vitality
  • West (xi) denotes sunset, autumn, decline and maturity
  • North (bei) stands for night, winter, death and introspection
  • Driver, 71, died after losing consciousness in tunnel crash.
  • 47 children on board were unharmed; one 53‑year‑old passenger suffered minor hand injury.
  • Incident occurred around 3:30 pm as bus headed toward Tsuen Wan.
  • 40% of surveyed local governments say bear complaints strain operations
  • 17 councils reported disruptions, with 10 facing phone calls longer than an hour
  • 5 councils overwhelmed by website grievance volume
  • Survey covered 40 prefectural and municipal councils
  • Delta flight 591 (Las Vegas arr Atlanta) reported a spoofed Wi-Fi signal on Monday.
  • Passengers who attended the DEF CON security conference are suspected of jamming the onboard network.
  • Pilots communicated the issue via ACARS, prompting federal law‑enforcement attention.
  • Eight victims killed and 22 injured in shootings on Aug. 7 in Nonthaburi province
  • Shooter, a 14-year-old student, first killed his grandparents before attacking the school
  • Five teachers, one female student, and the shooter himself died in the incident