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Japan’s Local Allocation Tax Rises 2.1% in Ibaraki; Three Towns Gain Full Independence
Ibaraki’s local allocation tax rises 2.1% to 176.354 billion yen in 2026, marking eight consecutive years of growth. Three Gunma municipalities achieve financial independence from national funding.
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.
Daniel Grollo Declared Bankrupt After Grocon Collapse
Former Grocon boss Daniel Grollo declared bankrupt after company collapse. Grollo owes over $10 million to creditors and has forfeited his New York penthouse to an American bank.
Bihar CM Samrat Choudhary Appoints Indian Cricketers Akash Deep, Mukesh Kumar as DSPs
Bihar CM Samrat Choudhary appoints Indian cricketers Akash Deep and Mukesh Kumar as DSPs. 19 medal-winning athletes received government jobs; 106 total appointments in 2026.
Darline Graham’s Senate Ballot Eligibility Questioned Over Voting Record
Rep. Nancy Mace and GOP officials question if Darline Graham meets South Carolina’s ballot eligibility rules requiring voters in two of the last three Republican primaries.
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.
Yeans Halle Files for Insolvency Again After Cyberattack Costs Surge
Yeans Halle, a 50-year-old German fashion retailer with 13 stores and 200 employees, files for insolvency again on July 25, 2026, citing a 2025 cyberattack and weak retail conditions.
Oil Choke Points Widen as Hormuz Attacks Surge: Brent Hits $100
Oil prices surge past $100 as attacks on tankers in Hormuz, Red Sea, and Black Sea disrupt shipping. Brent crude up 30% in July. Vulnerable economies face $20bn annual import cost rise.
Trump’s ICC Policy Escalates as Prosecutor Khan Ousted July 25
Trump’s State Department vows to dismantle the ICC brick by brick. The court votes to remove prosecutor Khan over misconduct. UK faces pressure as fourth-largest ICC donor.