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Trip.com Fined SGD 1.05B by China for Hotel Booking Monopoly
China fines Trip.com 5.2 billion yuan (SGD 1.05B) for monopoly abuse in hotel booking. TCOM stock faces regulatory headwinds after record penalty.
Indonesia Arrests Top Prosecutor Febrie Adriansyah Over $19M Cash, 74kg Gold
Indonesian authorities arrested former top anti-corruption prosecutor Febrie Adriansyah after seizing USD 19 million and 74kg of gold. He faces money laundering charges linked to state insurer PT Asabri.
Australia’s New Super Tax Hits High Earners From July 1: What Retirees Need to Know
Australia’s new Division 296 superannuation tax from July 1, 2026 hits high-balance retirees with 30-40% rates. Affects 90,000 people with balances over $3 million. Capital gains tax and negative gearing changes also take effect July 2027.
Cracker Barrel Sells Maple Street Biscuit Co. to Biscuit Belly, Closes 16 Locations July 23
Cracker Barrel sold Maple Street Biscuit Company to Biscuit Belly, closing 16 locations. The sale and a separate $77 million sale-leaseback deal aim to reduce debt and improve profitability.
Mount Tokachi Erupts in Hokkaido for First Time Since 2004, July 22
Mount Tokachi erupted July 22 for the first time since 2004, sending black smoke 200 meters high. Alert level 2 remains in effect with no major damage reported.
Tennessee Man Charged With Felony for Camping as 300+ Cities Enforce Bans
Homeless man charged with felony for camping in Nashville. Over 300 US cities now enforce camping bans, sparking debate over whether the laws push people toward shelter or deeper into poverty.
American Heart Association Clears 5 Cups of Coffee Daily as Safe for Most Adults
American Heart Association says up to 5 cups of coffee daily (400 mg caffeine) is safe for most adults and may lower heart disease, stroke, and diabetes risk. Energy drinks remain risky.
FIFA Investigates Argentina’s Falklands Banner After World Cup Win, July 20
FIFA is investigating Argentina’s Falklands banner displayed after their 2-1 World Cup semifinal win over England. The team faces potential sanctions under FIFA political messaging rules.
San Antonio Tornado Damages Apartments, Shops on Northwest Side July 15
A tornado hit San Antonio’s northwest side on July 15, damaging the Oasis apartments and The Rim shopping area. No injuries reported; thousands lost power as heavy rain continues.