Real-time News

Pakistan's car sales rose to 17,216 units in July.

River AI has raised $1.1 billion in funding, led by General Catalyst and AMP PBC. This round also includes investments from Nvidia (NVDA.O) and AMD Ventures.

According to Hong Kong Stock Exchange filings, Xiaomi Group (01810.HK) repurchased 1.9 million Class B shares on August 11 for HK$50 million.

Security sources say a rocket attack targeted an Iranian Kurdish opposition camp northeast of Erbil, Iraq, but there are no reports of casualties.

Egypt has announced that the Meleha gas plant project, located in the western desert, will begin operation next month, with a daily production capacity of 100 million cubic feet.

August 11 - Deutsche Bank economists predict that U.S. gasoline prices will fall by about 2% in July, and the year-on-year growth rates of both overall and core CPI will decline by about 0.1%, with the former falling from 3.53% to 3.45% and the latter from 2.59% to 2.51%.

The European Union convened a meeting of its electricity coordination group on Monday.

Central Bank of Brazil: Monetary policy must remain tight.

According to Iran's Mehr News Agency: Pakistan's Interior Minister has arrived in Tehran for talks.

The French media organization, the National Union of News and Information (NUC), has filed a complaint with the French antitrust regulator regarding Google's (GOOG.O) artificial intelligence business.

Market news: Houthi militants clashed with Yemeni forces in the Balakh region, resulting in more than 15 Houthi casualties.

The Turkish Presidential Palace announced that Palestinian President Mahmoud Abbas will pay an official visit to Turkey from August 11 to 13, 2026. The two sides will exchange views on the latest situation in Palestine, bilateral relations, and regional development.

Market news: A Yemeni government drone destroyed a communications station in Jabal Hiran, west of Marib.

Market news: Yemeni forces destroyed a Houthi missile launch platform located in Salwa, west of Marib.

On August 11, following the landfall of Typhoon Dolphin (No. 13 of the year) in Zhejiang Province, the State Financial Regulatory Commission organized the insurance industry to open a green channel, providing services such as early warning and relief, and insurance claims settlement. As of 12:00 PM on August 11, insurance institutions in Zhejiang, Shanghai, Jiangsu, Jiangxi, and Ningbo had received nearly 100,000 claims, with estimated losses of 1.2 billion yuan, and 34.09 million yuan already paid out (including pre-payments). As of 12:00 PM on August 11, in response to recent major natural disasters such as heavy rainfall, typhoons, earthquakes, and flash floods in many regions, the insurance industry in 22 provinces, including Guangxi, had received a total of 670,000 claims, with estimated losses of 13.2 billion yuan, and 7.6 billion yuan already paid out, representing a 57% payout rate, effectively compensating for losses from major natural disasters.

Market news: Yemeni forces attacked Houthi camps in the Radha Mountains south of Marib.

Market news: The Bushehr City Council in Iran held a vote of no confidence, removing Mayor Hossein Haidari from office.

On August 11, Ma Hui, Vice Minister of the International Department of the Central Committee of the Communist Party of China, met with a delegation led by Yan Ci, President of the European Union Chamber of Commerce in China, in Beijing. The two sides exchanged views on China-EU economic and trade relations and the business environment.