The British government has introduced new legal powers to ban support for Iran’s Islamic Revolutionary Guard Corps (IRGC) and the volunteer wing of Russia’s GRU military intelligence service. According to the UK government, these measures aim to curb the use of state-sponsored proxies following a series of antisemitic attacks and acts of intimidation on British … Read more
President Donald Trump stated on July 13 that the United States intends to take control of the Strait of Hormuz, positioning the U.S. as the “guardian” of the waterway. Trump asserted that the U.S. should be reimbursed by wealthy nations for securing the route, as the region remains a primary focal point of escalating military … Read more
Stephen Chow’s Kung Fu Soccer secured a $73.6 million opening weekend in China, capturing nearly 75% of the market’s total ticket sales, according to Artisan Gateway. The film serves as a spinoff to his 2001 hit Shaolin Soccer and marks the director’s first feature project since 2019, as the industry tracks whether this nostalgia-driven release … Read more
Indian Prime Minister Narendra Modi arrived at Auckland International Airport on Friday night, marking the first visit by an Indian leader to New Zealand in 40 years. The visit has triggered a major security operation involving road closures, motorcades, and the deployment of specialist public order teams across Auckland, according to New Zealand Police. Auckland … Read more
Global oil demand is projected to decline by approximately 1 million barrels per day in 2026, marking the first drop since the 2020 pandemic peak, according to the International Energy Agency (IEA). This downturn stems from rising oil prices and physical supply disruptions caused by conflict between the U.S. and Iran, which hindered crude shipments … Read more
SK Hynix shares jumped 14% during their Nasdaq debut on July 10, following a $26.5 billion share sale. The South Korean chipmaker opened at $170 per American Depositary Receipt (ADR), significantly above the $149 offering price. This move provides the company with direct access to U.S. capital markets and funds for future factory construction, signaling … Read more
Ousted Bangladeshi Prime Minister Sheikh Hasina plans to return to Bangladesh from exile in India around December to face legal proceedings, including a death sentence issued in her absence. Hasina, who served as prime minister for 20 years, stated she intends to surrender to the court despite significant personal safety risks, according to a Reuters … Read more
President Donald Trump’s pledge to allow Ukraine to domestically produce U.S. Patriot air defense missiles marks a significant strategic shift, though defense experts warn that operational production remains at least 12 months away. While the move offers a long-term boost to Kyiv’s defensive capabilities, the immediate shortage of interceptors forces Ukraine to make difficult decisions … Read more
SK Hynix completed a U.S. trading debut on Friday, pricing its American Depositary Receipts (ADRs) at $149 each following a $26.5 billion share sale. This listing, which was oversubscribed more than seven times, provides the South Korean memory chipmaker direct access to U.S. investors and capital to fund new factory construction, according to reports confirmed … Read more
SoftBank Corp and mobile payments operator PayPay are in preliminary talks to invest several hundred billion yen into retail giant Seven & i Holdings, according to a report by Bloomberg News. The potential deal may also include a stake from Sumitomo Mitsui Card, a subsidiary of Sumitomo Mitsui Financial Group, though none of the involved … Read more