Chinese Oil Tankers Safely Pass Red Sea Entrance Despite Pro-Iran Houthi Blockade Threat Citing vessel-tracking data, the media outlet reported that the Xin Rong Yang and the Cosnew Lake, operated by Chinese shipping company COSCO, exited the Bab el-Mandeb Strait and were sailing through the Gulf of Aden on the 23rd. SBS Jul 24, 2026 9:48 AM
US Announces 'Forced Labor Tariffs' on 60 Countries; South Korea Effectively Hit with 12.5% We start with breaking news. Following the expiration of the global tariffs that temporarily filled the void after a ruling finalized that the U.S. SBS Jul 24, 2026 9:45 AM
US Imposes Section 301 'Forced Labor Tariffs' on 60 Countries; South Korea Faces 12.5% South Korea effectively hit a 12.5% tariff. The new tariffs were introduced as a replacement just seven hours before the expiration of the "10% global tariff," which had been adopted following the U.S. SBS Jul 24, 2026 9:28 AM
SpaceX Stock Halved... Short Sellers Score $16 Billion in Paper Profits Reuters reported this on the 23rd , citing data compiled by financial data analytics firm Ortex Technologies. SBS Jul 24, 2026 9:28 AM
US Keeps South Korea, 9 Other Countries on Currency Monitoring List, Cites Volatility and Depreciation Pressures Treasury Secretary Scott Bessent The administration of U.S. President Donald Trump re-designated South Korea as a currency monitoring list country on the 23rd . SBS Jul 24, 2026 9:27 AM
Tesla Shares Plunge Nearly 15% on Earnings Shock Over Discount Strategy Tesla shares closed down 14.5% at $319.69 on the New York Stock Exchange on the 23rd local time. SBS Jul 24, 2026 9:26 AM
China Conducts Live-Fire Drills in Taiwan Strait for Second Consecutive Day; Taiwan Urges Beijing to Cease Military Provocations According to Taiwanese media outlets such as the Liberty Times on the 24th local time, the Zhangzhou Maritime Safety Administration in China's Fujian Province announced via its website on the 22nd that live-fire drills would be conducted in certain waters of the Taiwan Strait from 6 a.m. SBS Jul 24, 2026 9:23 AM
US Intelligence Concludes Airstrikes Cannot Change Iran's Stance, CNN Reports While US President Donald Trump has escalated his threats, US intelligence agencies have concluded that airstrikes alone will not change Iran's negotiating stance, CNN reported on the 23rd, local time. SBS Jul 24, 2026 9:17 AM
Israeli Intelligence: Iran Targeted Senior Officials for Assassination Using Foreign Operatives According to CNN, the Israeli Prime Minister's Office issued a statement on the 23rd on behalf of the intelligence agency Mossad, raising allegations that Iran recruited overseas operatives to target senior Israeli officials for assassination. SBS Jul 24, 2026 9:15 AM
US Military Strikes Iran for 13th Consecutive Day... "Weakening Threats to Commercial Vessels" The US Central Command posted on X, formerly Twitter, stating, "At 6:45 p.m. SBS Jul 24, 2026 9:11 AM