Gulf nations are on the front lines of the renewed US-Iran conflict, facing direct strikes and economic disruption. Bahrain, Kuwait, Saudi Arabia, UAE, Qatar, and Oman are all impacted by their proximity to US bases and Iran's retaliatory actions.
Foreign investors have invested over $1 billion in Indian equities in the past week, signaling a bullish trend. Goldman Sachs and Citigroup project further inflows due to a stable rupee and improved earnings expectations, boosting the NSE Nifty 50 index.
전남 해남군이 RE100 국가산단 지정과 재생에너지 자립도시 조성을 위한 미래산업 전략을 추진하며, 솔라시도 지역의 국가산단 지정 및 특별법 제정을 산업통상자원부에 건의했다.
Pakistani, Qatari, and Egyptian negotiators held new mediatory talks with the US and Iran over the weekend. This comes after the US launched new strikes on Iran and the IRGC claimed to destroy US facilities in Kuwait, despite a prior ceasefire agreement.
All 13 members of K-pop group Seventeen have renewed their contracts with Pledis Entertainment for a second time, a rare move in the industry. The group cited their belief in achieving goals together and a shared desire to continue as a team.
Oil prices jumped 4% as renewed military action between Iran and the US heightened fears over the Strait of Hormuz. Brent crude rose to $79.26 and WTI to $74.53 after Iran expanded strikes to Qatar and UAE, while the US attacked Iranian targets. Shiptracking data shows fewer vessels passing through the strait.
South Korea's casino industry's performance is directly linked to inbound tourism, with Chinese visitor growth being the critical factor for the rest of the year. Analysts note a confirmed inbound boom, driven partly by a temporary visa-free program for Chinese group tourists launched last September.
Renewed Middle East tensions, including U.S.-Iran military confrontation and disruption of shipments via the Strait of Hormuz, have sent oil prices higher. Meanwhile, AI demand is described as "almost unlimited," though U.S. workers are calling for greater accountability and equitable sharing of AI wealth.
Foreign portfolio investors (FPIs) have shifted from debt to equities in July, investing $2.59 billion in the first 10 days. This marks a significant sentiment change from earlier in the year, driven by a steady rupee and a shift from semiconductor investments.
The ASX 200 experienced a morning fade due to war fears, with oil prices surging on escalating Gulf hostilities. Meanwhile, Apple has sued OpenAI and two former employees for trade secret theft, and Xero's CEO sold shares to cover a tax bill.
England and Argentina's football rivalry, marked by historical clashes and intense passion, is set for a major World Cup semi-final encounter. Their storied history includes controversial matches and iconic moments, dating back to their first World Cup meeting in 1966.
Oil flows through the Strait of Hormuz saw a sharp recovery following an interim US-Iran ceasefire in June. However, renewed hostilities this week have reintroduced uncertainty into global oil markets, impacting crude supply, prices, and shipping, according to the IEA.
US spot Bitcoin ETFs recorded their first weekly net inflow in over two months, attracting $197 million and ending an eight-week streak of outflows. Bitcoin prices rose 3% to over $64,000. Spot Ethereum ETFs also saw inflows, suggesting reduced investor aggression in crypto exposure.
Britain's largest community solar project in north Devon has been forced to shut for its first summer due to concerns it could overload the local grid with renewable energy. The shutdown is expected to cost its 10,000 members £2m in lost revenue.
Tech journalists are increasingly engaging in 'shoe-leather reporting' to investigate the physical realities of AI, from colossal datacentres and energy infrastructure to social media's real-world harms. This involves on-the-ground investigation, talking to locals, and examining tangible constraints, moving beyond digital landscapes.
A salmon farm in Chile's Los Lagos region replaced diesel generators with floating solar panels, significantly reducing emissions and fuel use. The project also created a quieter, shaded environment, attracting thousands of salmon seeking shelter.
A salmon farm in Chile's Los Lagos region replaced diesel generators with floating solar panels. The project cut diesel use by over 36,000 gallons annually and reduced emissions by 386 tonnes, while also creating a quieter, shaded environment that attracted thousands of salmon.
The AI boom is driving massive demand for energy, leading to a resurgence in fossil fuels. Renewable energy advocates are pushing for data centers to be powered by clean sources, facing challenges as wind and solar construction can't keep pace with demand. Several states are enacting legislation to ensure data centers meet renewable energy benchmarks.
At least four guests from Michael Rubin's White Party are exploring the purchase of a $45 million oceanfront mansion in Bridgehampton, New York, after being impressed by the Hamptons lifestyle. The property, located near Rubin's estate, has seen significant interest and is currently under negotiation.
Five top Senate Democrats are demanding hearings into Donald Trump's cryptocurrency holdings, citing his new financial disclosure revealing significant income from crypto ventures and raising concerns about foreign and unidentified investors, including a UAE-linked group.
Iran is attempting to control a U.S.-protected shipping lane through Oman's waters, escalating tensions with the U.S. following tanker attacks in the Strait of Hormuz. Analysts suggest Iran is losing leverage as the U.S. supports an alternative route, while oil prices have risen amid the conflict.
The Indian government released FAQs to address concerns about E20 fuel, clarifying its role in energy security, farmer support, and environmental goals. India achieved 20% ethanol blending ahead of schedule, with FAQs detailing its history, benefits, and addressing vehicle compatibility.
Iran's security chief warned of retaliation against Israel for infrastructure attacks, stating "Any attack on infrastructure will be retaliated against, and the criminal Zionist regime responsible for these atrocities will not be safe from the response of our fighters." This comes as the US conducted extensive strikes targeting numerous military and civilian sites, with Iran reporting 17 casualties. Israel stated its readiness to resume military action against Iran if necessary.
President Trump declared a June 17 ceasefire with Iran "over," ordering new US strikes after alleged Iranian attacks on tankers in the Strait of Hormuz. This breakdown raises fears of renewed conflict, impacting oil markets, US politics, and Iran's nuclear program.
