Special Administrative Region of China on the Pearl River estuary
Trump Media & Technology has unveiled Truth API, a paid low‑latency feed that will deliver real‑time posts from the platform’s top 10 accounts from Aug. 1. Executives discussed charging institutional customers up to $100,000 a month (or $60,000 on three‑year deals). Lawmakers, regulators and market participants have warned it will let traders profit from presidential posts and raise conflict‑of‑interest and market‑manipulation concerns.
CXMT’s Shanghai IPO has surged in value, spurring bipartisan concern in Washington about Beijing’s possible state backing. The Pentagon has placed CXMT on its security list, while lawmakers push for a classified briefing to assess national-security risks tied to China’s military-civil fusion strategy.
Brent crude has fallen about 8–9% to below $88–$92 a barrel after prices briefly topped $100 last week. The drop follows pauses in US–Iran strikes and reports that both sides have halted attacks to allow diplomacy. Markets remain volatile because shipping through the Strait of Hormuz and the Red Sea is still disrupted and analysts warn supply risks and inflationary pressure persist.
A landslide in Pengshui County, Chongqing, buried more than 10 buildings and injured residents. Rescue teams are continuing search operations, leveraging DNA analysis, drones, and underwater robots as authorities evacuate residents and attempt to prevent further collapses.
The IOC has provisionally lifted the suspension of the Russian Olympic Committee, enabling athletes to compete internationally as various federations reinstate Russian participation. Ukraine challenges the move at CAS, arguing it violates the Olympic Charter and territorial integrity. Multiple sports have begun readmitting Russian and Belarusian athletes with flags and symbols permitted in some events.
Manchester City’s new manager Enzo Maresca faces a midfield puzzle as Rodri undergoes back surgery, with questions over his return and possible moves in a window that also sees new signings like Elliot Anderson and cautious talk around James Trafford and Jack Grealish.
Wu Chi-Wai, former chairman of Hong Kong’s Democratic Party and one of the 47 activists jailed under Beijing’s security law, has been granted a six-month visitor status by UK authorities after arriving in London. He faced initial seven-day bail concerns and an uncertain path to long-term residency, but the Home Office has now authorized entry.
Independent, BBC, and CNBC report Shein posts a Q1 loss amid higher duties from US and EU, offset by price hikes and growth in active customers ahead of a Hong Kong listing. Citations show a mixed picture: revenue up slightly in Q1 but net income down due to accounting changes and tariffs.
China’s CXMT has raised about $8.6-9.8 billion in its STAR-market IPO, underscoring Beijing’s drive for tech self‑reliance. The stock surged on debut but faces headwinds from limited access to EUV tooling and ongoing competition from Samsung, SK Hynix and Micron. Analysts say long-term success depends on closing technology gaps, not investor enthusiasm.
The weekend has seen a pause in Iran’s retaliatory strikes as talks with Oman progress on safe passage through the Strait of Hormuz. The US has held off further strikes, while Yemen’s Houthi actions have expanded and crude prices have eased from earlier spikes, though Brent remains above $90 a barrel.
A new documentary uses archival Wham! footage to examine the 1985 China tour, its tensions with director Lindsay Anderson, and the broader cultural moment as China opened to the West. Ridgeley and Michael are featured, with new interviews and unseen material that cast their trip in a provocative light.
ITV has renewed its deal to show all 52 matches of the expanded 2027 Rugby World Cup in Australia, with subsequent ties to the Nations Championship and Six Nations coverage; World Rugby says the move ensures UK audiences can experience the event across ITV platforms.
A landslide at Guadalcanal’s open-pit gold mine has killed one person and left others possibly buried. Police say the search continues as authorities review mining practices and regulations following the incident near Honiara.
The Federal Communications Commission has added "advanced robotic devices" — including humanoid robots, four‑legged machines and some connected power inverters — to a list that blocks new foreign-made models from US markets on national‑security and cybersecurity grounds. The rule has taken effect for models not yet authorised; existing authorised devices remain allowed while exemptions can be requested.
Iran has secured a $60-70 million deal to purchase 300-400 MANPADS, including QW-12 and FN-16 missiles, via Zhongqing Baoshang International Investment. Deliveries are planned by air from China with potential overland routes through Pakistan, signaling deepening ties with China amid ongoing conflict with the US and Israel.
Macau’s former lawmaker Au Kam San remains jailed under the city’s national security law. A year after his arrest, authorities have offered limited details, and concerns about due process and the broader signal toward dissent persist as prosecutions proceed behind closed doors.
The Federal Reserve has held its policy rate, with investors pushing yields higher amid concerns about inflation. Markets are signaling a harder path ahead, with oil prices rising and equities correcting after recent swings.
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners. The deal will complete in February 2027 with full separation by 2029. Argos will continue to operate normally during the transition, and staff will transfer to Swift. The move allows Sainsbury’s to focus on its core groceries business.
Chelsea have completed the seven-year signing of Valentin Barco from Strasbourg, adding a versatile left-back/midfielder to the squad. Barco, 21, has progressed from Brighton to Strasbourg, and is joining Chelsea ahead of the 2026-27 season as part of a busy summer of recruitment under manager Xabi Alonso.
Vietnam faces a widening probe into a major diamond-smuggling network. Investigators have reported more than 30,000 stones worth over 1.5 trillion dong have entered the country in the past two years, with the stones allegedly re-engraved to inflate quality. PNJ and other shops have faced closures as police widen inquiries.
Chinese AI developers are releasing cheaper, high-end models that compete with leading U.S. options. DeepSeek’s V4-Flash is the cheapest major model, while Alibaba’s Qwen3.8-Max claims competitive benchmarks and a 1-million-token context. The wave includes Moonshot AI and ByteDance, intensifying global competition.
Beijing has announced a broad package of countermeasures in response to recent U.S. moves, including sanctions on American entities, tighter export controls on drones and dual-use tech, and case-by-case reviews of certain exports. The measures come ahead of high-level talks and are aimed at pressuring the United States while keeping room for de-escalation.
Unai Emery leads Aston Villa into the UEFA Super Cup in Salzburg, chasing a first European trophy since 1982. PSG enter as holders; Villa face a deficit in squad stability amid talks of signings and injuries ahead of the clash.
A typhoon named Dolphin has struck Okinawa, injuring several and causing power outages. It threatens Kyushu and China, with authorities warning of heavy rain, winds, and flight disruptions across East Asia.
Global firms are increasingly turning to Chinese technology, AI, and battery suppliers as China deepens its role in global supply chains. Auto makers and tech majors are partnering with CATL, Baidu, Alibaba, and Xpeng, while Hong Kong is rising as a testing ground for AI models and data-center capacity. The shift signals a broader move from China as a manufacturing base to a source of advanced capabilities, even as US constraints persist.
South Korea faces a brutal heatwave that has killed dozens of people, with crops across Gangwon province suffering. Affected farmers report ruined harvests as temperatures reach record highs; officials warn of ongoing heat and rising food prices ahead of Chuseok.
Harvey Nichols has been put up for sale and is undergoing a turnaround led by Frasers Group. The six-storefront estate, including Edinburgh’s flagship, will continue operating while a broader restructuring is pursued, with potential integration of Flannels and the wider Frasers luxury ecosystem.
Typhoon Dolphin has weakened inland but continues to cause extreme rainfall and floods across Zhejiang, Shanghai and Fujian. Authorities have evacuated hundreds of thousands, canceled thousands of flights, and closed major attractions as the storm moves westward.
Taylor Farms has pulled jalapeño-containing products across 26 states after Coast Citrus Distributors recalled peppers tied to a Salmonella outbreak that has sickened 345 people in 27 states. The recall follows a Cyclospora outbreak linked to iceberg lettuce. Authorities say refunds are available and consumers should discard affected items.
Multiple storms have triggered record rainfall across parts of South Korea, the Philippines and China, causing evacuations, power outages and injuries. Geoje and nearby areas have seen rescues and ongoing emergency responses as the deluge continues.
Australia is rolling out an initial vaccination program targeting captive birds at risk from H5N1 bird flu. Vaccines are not a silver bullet; the virus continues to spread among wild and domestic birds. Authorities say vaccination will help protect vulnerable species while surveillance and biosecurity remain essential.
Global gold-backed ETFs have drawn $3 billion in July, ending two months of outflows as Western investment demand shows tentative signs of recovery. Europe led inflows, North America posted modest gains, and Asian funds boosted holdings, while prices rebound from earlier lows but remain below January highs.
The U.S. CPSC warns that certain 10-liter and 15-liter Cooluli minifridges sold online since 2019 have an internal power switch that can short circuit, risking fire and burns. Reports exceed $80,000 in property damage and one smoke-inhalation injury has been reported. Cooluli offers a free repair kit and replacement power cord for affected units.
Stocks waver as Walmart’s earnings miss dulls confidence; higher oil prices and rising yields weigh on sentiment. Treasuries signal caution as investors assess consumer resilience amid inflationary pressure.
Two former leaders of the Hong Kong Alliance, Lee Cheuk-yan and Chow Hang-tung, have been convicted of inciting subversion under the national security law. The judges found the alliances long-standing call to "end one-party dictatorship" amounted to incitement; the pair face up to 10 years in prison and will be sentenced at a later hearing.
China’s Evergrande Group faces a lengthy liquidation after the Shenzhen court has handed Hui Ka Yan a life sentence for large-scale fraud. The fines total more than 15 billion yuan across Evergrande and its real estate arm, with dozens of officials and executives sentenced. The case underscores China’s ongoing crackdown on real estate debt and its impact on the sector and broader economy.
Ethel Caterham has become the oldest living person in April 2025 after the death of a 116-year-old. She credits avoiding arguments as key to her longevity and has shared moments from her life, including meeting King Charles and experiences across decades in the UK and abroad. She currently resides in Hallmark Lakeview Care Home in Lightwater, Surrey.
Sunao Takami, 58, has been hanged after being convicted for the 2009 Osaka pachinko-parlour arson that killed five and injured ten. Justice Minister Hiroshi Hiraguchi says the punishment reflects “careful and thorough considerations” amid ongoing global scrutiny of capital punishment. Takami’s execution is the first under Prime Minister Sanae Takaichi’s government and comes as Japan faces renewed calls for transparency.
Tesla has recalled about 2.98 million vehicles in China over electronically operated, retractable door-handle failures and problems with driver-monitoring systems. Nine automakers in China have recalled more than 4 million cars in total; companies will add warning labels and push software updates. China is phasing out hidden exterior door handles from 2027.