Friday, August 7, 2026

Oil Climbs as Strait of Hormuz Deal Prospects Unclear

Oil extended gains after a report that Iran attacked "hostile targets" in the Strait of Hormuz. Iranian media also reported that Tehran will seek to bar US and Israeli ships from the waterway. Bloomberg's Yongchang Chin reports. (Source: Bloomberg)

China's exports growth beats estimates in July, as AI-driven shipments surge

China's exports rose more than expected in July, as global demand for high-tech components continues to absorb the country's manufactured goods.

South Africa Already Upgraded by Bond Market as Rating Firms Lag

South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade.

Foreigners Behaving Badly in Vietnam Challenge Its Communist Justice System

Vietnam is grappling with a surge in visitors, testing its Soviet-style criminal justice system as it tries to supercharge its economy through tourism.

Sixers president: Embiid healthy, 'extra motivated'

Joel Embiid is healthy and "extra motivated" with LeBron James and Jaylen Brown now on his side, according to 76ers president of basketball operations Mike Gansey.

Stray Kids Are Back With ‘THIS & THAT’: Stream It Now

The eight-track collection opens with the anthemic digital single "RUN IT,” written and produced by the group’s in-house production unit 3RACHA.

Caro Editions Copenhagen Spring 2027

Is the Left Capturing ‘America First?’

Progressive candidates make the case that they prioritize U.S. interests more than MAGA Republicans The post Is the Left Capturing ‘America First?’ appeared first on The American Conservative .