Asian Stocks Mostly Decline Amid Renewed Pressure on Tech Firms

Oil prices fell sharply while stocks hit records on hopes of the Strait of Hormuz reopening.

SpaceX's revenue jumped 92 percent in the second quarter, driven by AI computing deals and Starlink growth.

US Treasury Secretary Scott Bessent explains the reasons behind the joint intervention to support the yen.

The Federation of Bangladesh Chambers of Commerce and Industry has established a 16-member support committee to aid its newly appointed administrator.

Bangladesh and Malaysia aim to enhance cooperation in agriculture, fisheries, and livestock, with a focus on halal meat exports and technology exchange.

Teletalk Bangladesh Limited has introduced a special '36 July Memorial Offer' to commemorate August 5, featuring discounted SIM cards and data bundles.

Bangladesh Bank has relaxed import declaration rules for intercompany transactions, aiming to enhance transparency while ensuring compliance.

Robi Axiata highlights governance and digital expansion as key to its sustained growth since its 2020 IPO.

To counter the recent surge in domestic prices, Bangladesh has imported 90 metric tons of green chilies from India, with more shipments expected.

State Minister for Primary and Mass Education Bobby Hajjaj has called on Japanese investors to consider Bangladesh as a prime investment destination, citing its strategic location and economic potential.

Toyota has raised its profit forecasts for the year, crediting the weak yen for helping it navigate global challenges.

British energy giant BP announced a significant increase in second-quarter profits, attributing the rise to heightened oil and gas prices due to the Middle East conflict.

South Korean police conducted a raid on the Korea Football Association as part of a widening investigation into the recruitment of former coach Hong Myung-bo.

The United States has halted avocado imports from Michoacan, Mexico's leading avocado-producing state, due to escalating security issues.

Russia denies involvement with Colombian mercenaries fighting in Ukraine, as families report mistreatment and Colombia estimates thousands involved abroad.

Iran's President Masoud Pezeshkian has admitted that communication with Supreme Leader Mojtaba Khamenei is challenging, as Khamenei has not been seen in public since the Middle East conflict began.

Newcastle United has appointed Matthias Jaissle as their new head coach following Eddie Howe's departure.

Thirty-six African migrants deported from the US to Cameroon have initiated legal action to obtain legal residency and avoid repatriation.

Iran's President Masoud Pezeshkian reports difficulties in communicating with Supreme Leader Mojtaba Khamenei, who has been absent from public view since the recent US-Israeli strike.

German officials describe the discovery of an explosive drone at Leipzig-Halle airport as a sophisticated hybrid threat, raising concerns about escalating dangers.

Following a Supreme Court decision, the US has refunded about $100 billion in tariffs imposed by the Trump administration.

Jason Arday, the University of Cambridge professor embroiled in a plagiarism scandal, has resigned.

Nigerian authorities have announced the successful rescue of 308 kidnapped individuals, marking the largest rescue operation in the country's history.

An explosive-laden drone was found near a Ukrainian cargo plane at Leipzig-Halle Airport, leading to a security alert and flight diversions.

The eruption of Guatemala's Fuego volcano, Central America's most active, has officially ended, allowing evacuated residents to return home.

Ceuta's leader says the number of unaccompanied child migrants is overwhelming local resources.

FIFA president Gianni Infantino held emergency talks in Morocco amid growing calls for his resignation following the shelving of a controversial World Cup investment plan.

Everton strengthens its midfield with the acquisition of Denmark international Christian Norgaard from Arsenal.

The United States and its allies are pushing the Organization of American States to take action against Nicaragua's exclusion of opposition groups from the upcoming elections.

Arsenal manager Mikel Arteta declined to comment on reports that the club has agreed to a £75 million deal for Newcastle captain Bruno Guimaraes.