🇮🇷⚡A cargo ship was hit in the Strait of Hormuz after using a new Oman-designated route. The IMO suspended its evacuation operation as the attack raised fresh fears over shipping security and global trade.

Read 👇🏻 https://bigbreakingwire.in/ship-hit-in-strait-of-hormuz-as-iran-warns-against-new-route/

🚨 Iran just struck a cargo ship in the Strait of Hormuz.

The IMO has paused evacuation operations, the US blames Iran, and global shipping tensions are rising fast.

What really happened, and why does it matter for oil and markets?

Watch 👇🏻
https://www.facebook.com/share/r/18JYK6FehU/

South Korea's KOSPI stock market halted after an 8% crash, triggering a circuit breaker.

🇰🇷 South Korea Stocks Crash 8%, Circuit Breaker Triggered

KOSPI plunged over 8% intraday, triggering a market circuit breaker after Thursday's rally.

Samsung Electronics and SK Hynix dropped about 9% each, while foreign investors sold 2.5 trillion won ($1.6 billion) in early trade.

The selloff erased gains driven by AI optimism after Micron's guidance and SK Hynix's planned U.S. listing.

Sentiment weakened after reports Apple raised prices due to memory-chip shortages and OpenAI may delay its IPO until next year, raising concerns over AI demand and tech valuations.

🇮🇳 Corporate India just did something it hasn't done in 3 years.

Sales growth hit 10.1% in FY26, manufacturing profits climbed, IT margins improved, and balance sheets got stronger.

Is India entering a new earnings boom?

Watch the full breakdown 👇🏻 https://www.facebook.com/share/r/1Lmso6frQ3/

RBI released draft rules to expand participation in the term money market. The proposal includes shadow banks and corporates to deepen funding markets and broaden short-term liquidity channels. Under current rules, only banks and independent primary dealers trade in the term money market under prudential limits. The draft would allow non-bank financial companies, including mortgage lenders, to act as borrowers and lenders. Corporates would be permitted to participate as lenders. Smaller NBFCs would be excluded. The RBI said the reform was first flagged in April's monetary policy statement. The draft is subject to public consultation.

US and India are in sensitive talks to restore India's access to Anthropic's Fable 5 and Mythos 5 AI models after June 12 export controls. Washington says access may return gradually.

Read 👇🏻 https://wp.me/PfgCxS-8FD

Amazon adds $13B for India AI, taking total investment to $88B and AI-cloud spending above $21B by 2030.

Read 👇🏻 https://bigbreakingwire.in/amazon-bets-13-billion-more-on-india-ai-total-investment-tops-88b/

Goldman Sachs raised India's CY26 GDP forecast to 6.8% as lower crude prices improved the outlook. India's crude basket fell to $70.71/barrel, but fuel prices may not be cut soon as OMCs recover losses. Inflation forecast was lowered to 4.4%.

Read 👇🏻 https://bigbreakingwire.in/goldman-sachs-raises-indias-2026-gdp-forecast-to-6-8-after-oil-drop/

Lebanese state media reports Israel dropped leaflets over southern Lebanese towns ordering residents to evacuate. This is the first such directive since the ceasefire. Israel's national security minister said the ceasefire in Lebanon cannot hold.

🇮🇳 GOLDMAN SACHS JUST UPGRADED INDIA!

GDP forecast raised to 6.8%
Oil crashes to $70/barrel
Q1 growth: 7.8%

BUT there's a catch with fuel prices...

Full breakdown👇
https://www.facebook.com/share/r/16yqSqm4hP/

BofA: U.S. equity funds saw $8.5B outflows in the week to June 24, first in 3 months. Tech funds lost a record $9.3B, while bond funds gained $16.6B as investors rotated.

Read 👇🏻 https://wp.me/PfgCxS-8FD

🇮🇳 Govt Honours 6 Operation Sindoor Martyrs, Reveals Names for First Time

India officially revealed the names of 6 Armed Forces personnel martyred during Operation Sindoor for the first time.

The six are Subedar Major Pawan Kumar, Rifleman Sunil Kumar, Lance Naik Dinesh Kumar, Agniveer Mood Murli Naik, Havildar Sunil Kumar Singh (Indian Army) and Sergeant Surendra Kumar (Indian Air Force).

Rifleman Sunil Kumar was posthumously awarded the Vir Chakra, while Sergeant Surendra Kumar received the Vayu Medal.

Their names will be engraved at the National War Memorial's Tyag Chakra in New Delhi in honour of their sacrifice.

BREAKING: UAE issues phone alert of potential missile threats.

Alerts ended, the all-clear has been given. UAE says the situation is currently safe after a potential threat alert.

UAE: A technical glitch in the early warning system sent wrong messages today.

🇪🇺 BREAKING: The EU plans to impose a 15% export tax on aluminum scrap from Sept. 9, according to the Financial Times.

The levy would be Brussels' first-ever export tax, aimed at reducing scrap shipments to the U.S. and Asia.

The move seeks to protect European producers as overseas refiners buy EU scrap, remelt it, and export finished aluminum back into Europe.

European Aluminium chief Paul Voss said the measure would help ensure the industry's competitiveness on a level playing field.

TRUMP: Iran launched at least four one-way attack drones at ships transiting the Strait of Hormuz. One struck a cargo vessel, while three others were shot down. This is a foolish violation of our ceasefire agreement.

Trump: Any country that imposes a Digital Services Tax on American companies will immediately face a 100% tariff on all goods sent to the United States.