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Japan’s Pension Fund Pivot Lifts Yen 0.6% to 161.44 on July 10
Japan’s GPIF pension fund signals shift toward domestic investments. Yen jumps 0.6% to 161.44 per dollar on July 10 as 10-year JGB yields fall 10 basis points.
Meta Jumps 6% to $669 on AI Cloud Business and Strong Cash Flow
Meta stock rallies 6% to $669.21 on July 11, 2026, driven by AI cloud monetization strategy and $64.5B annual free cash flow. Meyka rates META a B with neutral outlook.
Essex Siblings Face £209,000 Court Bill After Illegally Felling Neighbours’ Trees
Three Essex siblings ordered to pay £209,000 after illegally felling neighbours’ 33-foot trees. Judge ruled their actions were bullying and high-handed. The family may lose their childhood home.
Prime’s Australian Distributor Collapses Into Administration With A$7.92M Debt
Prime’s Australian distributor Congo Brands Australia enters administration with A$7.92M debt and only A$85,000 cash. Sales fell 53% as the viral drink brand struggles locally.
Australia and Fiji Launch Pacific Defence Alliance as China Tests Missile
Australia and Fiji signed the Ocean of Peace Alliance, a mutual defence treaty requiring both nations to aid each other if attacked. New Zealand is exploring membership as China tests missiles in the region.
Prime’s Australian Distributor Collapses Into Administration With £4.8M Debt
Prime’s Australian distributor Congo Brands Australia enters administration owing AU$7.92 million with only AU$84,855 cash. Sales fell 53% to AU$14.5 million in 2024.
OpenAI’s No. 2 Executive Fidji Simo Steps Down After Medical Leave
OpenAI’s Fidji Simo steps down from full-time CEO role after three-month medical leave for POTS, a chronic neuroimmune condition. Her duties split among Greg Brockman, Sarah Friar, and Jason Kwon.
Prime’s Australian Distributor Collapses Into Administration With $7.92M Debt
Logan Paul’s Prime drink distributor in Australia enters administration with AU$7.92M in debt and AU$14.5M in revenue for 2024, down 53% from prior year.
Australia and Fiji Sign Defense Pact as New Zealand Weighs Joining July 10
Australia and Fiji signed a mutual defense treaty called the Ocean of Peace Alliance on July 6. New Zealand is considering joining. The pact commits Australia to spending US$690 million on Fiji’s infrastructure over 10 years.