Singapore
Max Verstappen won qualifying for the Singapore Grand Prix sprint, finishing ahead of Russell and Leclerc. The stewards did not penalize him for the incident under yellow flags.
Gold rose, while silver is priced at $59. 54 per ounce. The market is assessing risks in the Middle East and the Fed’s policy.
The Singapore Grand Prix will take place on October 9–11 in a new sprint format at the grueling Marina Bay circuit.
In July-August, seven tankers delivered over 176,000 tonnes of fuel from South Korea to russia. Three vessels were under sanctions.
Wheat futures are rising due to the threat of new Russian strikes on Ukraine and disruptions to supplies via the Black Sea. The price reached $6.87 per bushel.
The former Duke of York is challenging the legality of his arrest and the search warrants for his residences. A closed hearing will take place at the High Court.
The Ukrainian passport ranked 52nd among 186 countries, scoring 142 points for mobility. Visa-free access is available to 87 destinations.
Over four weeks, Russian oil exports rose to 3. 71 million barrels per day. The value of shipments reached nearly its highest level since the start of the invasion.
Twenty countries and the EU called for coordinating AI standards and oversight. The United States and China did not sign the declaration.
In November, Pope Leo will visit Uruguay, Argentina and Peru, covering 31,000 km and holding around 50 events. The tour will run from 6–17 November.
Gold stabilized near $4,375 per ounce after the Fed raised its rate by 0. 25 percentage points. High interest rates and inflation are weighing on prices.
Singapore has launched a rewards program for daily reading to combat doomscrolling. After 50 sessions, participants will receive 1 Singapore dollar.
September 16 marks the International Day for the Preservation of the Ozone Layer, the Independence Days of Mexico and Papua New Guinea, and Malaysia Day. Believers honor Euphemia the All-Praised.
Shein raised $1. 7 billion during its IPO, but its shares fell 10% after debuting in Hong Kong. The company was valued at $26.3 billion.
The price of gold stabilized near $4,445 after a two-day decline. Traders assess the chance of a Fed rate hike at more than 60%.
Flash floods have claimed the lives of at least 359 people, while more than 1,400 are missing. They include citizens of more than 30 countries.
The Eagle Crest agreement will remain in effect until 2037 and covers the F-15EX, modernization, maintenance, and infrastructure. The initial contract is worth $343.7 million.
The USS George Washington aircraft carrier has departed Asia for the Middle East. This happened due to problems with supplies and the psychological state of the crew of the USS Abraham Lincoln, which has been at sea for more than 240 days.
Russia is buying up old LNG carriers and building new ones to circumvent the EU embargo on LNG imports. The fleet has grown to 25 vessels, but experts doubt its effectiveness.
August 9 marks the International Day of the World's Indigenous Peoples and Builders' Day. Singapore celebrates National Day, while South Africa honors women.
President of Ukraine Volodymyr Zelenskyy signed decrees on the dismissal of five ambassadors. Among the dismissed diplomats are the ambassadors to Brunei, Kyrgyzstan, Tajikistan, Austria, and Libya.
Ukrainian airlines operate 131 leased aircraft out of 152, which is 86% of the fleet. The Bureau of Economic Security is investigating cases against 5 airlines over the interpretation of lease payments as royalties.
G7 central banks are preparing for interest rate decisions as oil prices approach $100 per barrel, increasing inflation risks. The US Federal Reserve, the Bank of England, and the Bank of Japan are likely to keep rates unchanged but may signal readiness to raise them in the fall.
The US and Israel are considering two options: a 10-day ceasefire to open the Strait of Hormuz or a joint military campaign. Trump has not yet made a decision but is preparing for escalation.
Next week, important economic data and central bank decisions from the US, China, and Japan are expected. The Fed is in a quiet period ahead of its July 28-29 meeting, while the People's Bank of China will announce its rate decision.
Bangkok plans to finalize a free trade agreement with the European Union by the end of the year. This will help the country reduce its dependence on US and Chinese markets.
Tokyo and Manila are deepening military cooperation amid Washington's restrained position. The countries are creating their own security system to deter China.
Japan rejected accusations of militarism and expressed alarm over the strengthening of China's military. Tokyo seeks to enhance deterrence in the Asian region.
Norway has terminated a $2. 8 billion missile deal with Malaysia due to export regulations. Kuala Lumpur called it a blow to trust and is seeking a replacement.
The US, UK, and Australia will create underwater drones to protect cables and pipelines. The project will strengthen the allies' military capabilities at sea.