🔥 Top Stories
The US Central Command launched airstrikes against Iran on the evening of the 11th, targeting military facilities across four Iranian provinces. In response, Iran allegedly initiated counterattacks against US military installations throughout the Middle East, prompting multiple regional countries to activate air defense alert systems.
The US Central Command announced a new round of strikes against Iran following an Iranian attack on a cargo vessel. This marks the third US airstrike against Iran this week. The escalating military tensions between the two nations in the Middle East region continue to draw international attention.
Firmware and software supply chain security research firm Binarly disclosed six vulnerabilities in the open-source U-Boot bootloader in early July. Two vulnerabilities (BRLY-2026-037 and BRLY-2026-038) could lead to arbitrary code execution, while the remaining four pose lower risks. The vulnerabilities affect a wide range of devices using U-Boot, including servers, network equipment, and IoT devices.
Iran announced the closure of the Strait of Hormuz following warning shots fired at a vessel operating outside designated shipping lanes without authorization. Iranian officials warned that any retaliatory actions would face severe responses. The move could significantly impact global energy transportation.
US President Trump announced on day 10 that the ceasefire with Iran has ended, despite agreeing to continue negotiations. According to Axios, Washington demands Iran publicly acknowledge opening the Strait of Hormuz by day 11 and promise to cease fire on passing vessels. Trump stated the US agrees to Iran's request for continued dialogue but made clear the ceasefire has concluded.
🏛 Politics
An Iranian state-run newspaper published a list of 13 individuals on November 11, claiming they are targets for retaliation over the death of Supreme Leader Ali Khamenei. The list includes U.S. President Trump and Israeli Prime Minister Netanyahu. The publication is known for provocative rhetoric, and the move has drawn international attention.
Lindsey Graham, a prominent Republican senator and close political ally of President Trump, has passed away at age 71. Graham was a strong supporter of Israel throughout his career. His death has prompted expressions of condolences from Trump and Israeli officials. Graham held significant influence in American politics and his passing represents a major loss for the Republican Party.
A New York Times investigation reports that Russia exploits Japan's weak counterintelligence laws, limited intelligence systems, and advanced technology sector to obtain military technology. Russian military intelligence operatives use the Russian airline's Tokyo office as cover to purchase or steal Japanese high-tech equipment and components, then transfer them to Russia through third countries. This intelligence operation is located just a 10-minute walk from Japan's National Police Agency headquarters.
The US Central Command launched airstrikes against Iran on the evening of the 11th, targeting military facilities across four Iranian provinces. In response, Iran allegedly initiated counterattacks against US military installations throughout the Middle East, prompting multiple regional countries to activate air defense alert systems.
The US Central Command announced a new round of strikes against Iran following an Iranian attack on a cargo vessel. This marks the third US airstrike against Iran this week. The escalating military tensions between the two nations in the Middle East region continue to draw international attention.
Following Iran's Islamic Revolutionary Guard Corps announcement to close the Strait of Hormuz, the US Central Command stated on the evening of the 11th that under President Trump's direction, it launched the third round of strikes against Iran this week in response to Iran's military missile attack on a cargo ship in the strait on the 11th.
Iran announced the closure of the Strait of Hormuz following warning shots fired at a vessel operating outside designated shipping lanes without authorization. Iranian officials warned that any retaliatory actions would face severe responses. The move could significantly impact global energy transportation.
US President Trump announced on day 10 that the ceasefire with Iran has ended, despite agreeing to continue negotiations. According to Axios, Washington demands Iran publicly acknowledge opening the Strait of Hormuz by day 11 and promise to cease fire on passing vessels. Trump stated the US agrees to Iran's request for continued dialogue but made clear the ceasefire has concluded.
U.S. President Trump stated on social media on the 10th that 1,000 missiles are prepared and targeted at Iran. He claimed this is in response to Iranian government threats of assassination or attempted assassination of the current U.S. president, and indicated that thousands more missiles would follow if Iran takes action.
Taiwan's FDA announced that three batches of cooking oil products tested positive for benzo(a)pyrene, a carcinogenic substance. As of noon on the 12th, a total of 144 tonnes have been recalled: 73.2 tonnes from Chung Lien, 33 tonnes from Taishan, and 37.8 tonnes from Nankuang, affecting 58 product items.
💰 Finance
According to reports, Chinese brands accounted for one in every ten newly registered vehicles in Europe in May. As the EU extends tariff measures and Germany strengthens its trade stance, analysts suggest the rapid growth trend of Chinese vehicles may face a turning point. The EU is implementing stronger trade defense mechanisms to address Chinese vehicle imports.
A latest report reveals that China's electric vehicles remain on the road for an average of only 1.8 years, significantly shorter than the 8.2-year lifespan of fuel vehicles and even faster than typical smartphone replacement cycles. This reflects accelerating vehicle replacement rates among EV owners, with used electric vehicles retaining only about 40% of their original value, indicating rapid market turnover.
SK Hynix set a record for the largest foreign company IPO in the US, closing up 13% on its first trading day. CEO Koh Ruh-jung told Bloomberg the company expects memory shortages to persist beyond 2030, citing sustained global demand for semiconductor memory products.
SK Hynix's successful US listing debut reignited investor enthusiasm for AI-related trades, boosting US stocks ahead of the earnings season. As investors assess the chip industry's momentum, Taiwan Semiconductor Manufacturing Company (TSMC) and ASML's earnings calls this week have become key market focal points that could influence subsequent chip stock performance.
The U.S. Federal Reserve submitted its monetary policy report to Congress on the 10th, noting that tariff impacts, war-driven energy cost increases, and AI infrastructure investment demand have intensified inflationary pressures that began last year, particularly in spring. With U.S. inflation currently above the 2% target, the Fed reaffirmed its commitment to achieving price stability.
The Institute of International Finance reported that foreign investors massively exited South Korean and Taiwanese stock markets in June, resulting in net outflows of $46.1 billion from emerging market equities. This marks the second consecutive month of net capital outflows from developing economies' overall investment portfolios.
Canadian startup General Fusion completed a merger with a special purpose acquisition company on the 10th and will list on Nasdaq on the 13th, becoming the first publicly traded nuclear fusion company. The IPO raised 338 million dollars, valuing the company at 724 million dollars.
Changhua County Health Bureau continues investigating contaminated oil products supplied by Zhonglian Oil Fat to Fukushou Industrial and Fumaor Oil Fat, as well as suspected problematic products manufactured by Zhonglian between April and June 2026. As of now, inspections of 76 related businesses have been completed, with ongoing tracking of downstream distribution channels.
Taiwan Railways has identified 582 land parcels occupied by local governments, with a total announced value of approximately 20.192 billion New Taiwan Dollars, including prime locations on Taipei's Zhongxiao East Road. These lands are primarily used for public infrastructure such as roads and drainage systems. Despite owning assets valued over 900 billion New Taiwan Dollars, Taiwan Railways has suffered chronic losses due to ineffective asset monetization. The company plans to coordinate with urban planning revisions to reduce occupation rates.
China's National Bureau of Statistics will release first-half economic data on the 15th. Multiple research institutions forecast Q2 GDP growth between 4.2% and 4.5%, down from Q1. Full first-half GDP growth is expected to remain between 4.5% and 4.7%.
💻 Technology
Samsung Electronics, SK Hynix, and Micron Technology, the world's three largest memory manufacturers, are aggressively expanding production capacity to address supply shortages driven by the artificial intelligence infrastructure boom. These companies' capacity expansion plans aim to meet the growing demand for high-performance memory chips in the AI industry.
The National Science and Technology Council's Southern Taiwan Science Park Administration held a groundbreaking ceremony on the 12th, officially launching Phase Two of Chiayi Science Park. The project will support TSMC's advanced packaging capacity expansion, marking a new milestone in Taiwan's semiconductor industry development and expected to drive local economic growth and employment opportunities.
Meta plans to begin mass production of its self-designed data center AI chip codenamed "Iris" as early as September, with design assistance from Broadcom and manufacturing by TSMC. The announcement drove Meta's stock price up approximately 6% on Friday. While unlikely to immediately reduce AI spending, the development reinforces Meta's ability to control AI infrastructure costs. Meta is projected to invest $145 billion in AI infrastructure this year, and the custom chip aims to address investor concerns about substantial expenditures.
U.S. enterprises are rehiring human employees after encountering service quality issues and talent gaps from AI automation implementation. Despite strong stock market performance and stable economic fundamentals, industries continue reporting layoffs, reflecting practical difficulties companies face with AI applications and their need for human resources to address automation shortcomings.
Artificial intelligence development is driving significant growth in global internet data traffic, prompting cloud data centers and telecom operators to accelerate network equipment upgrades. Taiwan's Ericsson indicates that 5G fixed wireless access (FWA) market opportunities will exceed low-earth orbit satellite markets by over 10 times, becoming a key revenue driver for Taiwan's networking equipment manufacturers over the next 5-10 years. Companies like Accton and Arcadyan report strong demand for 10G fiber equipment, 5G FWA devices, and WiFi 7 wireless solutions.
Han Kang Biotech has developed CD47 drug HCB101 using AI-assisted protein engineering technology, overcoming the safety-efficacy trade-off of previous generations. The drug demonstrates high selectivity in attacking tumor cells while protecting red blood cells. The company plans to pursue international licensing partnerships following proof-of-concept completion.
The Russia-Ukraine war beginning in 2022 has significantly increased global demand for unmanned aerial vehicles. Within just two to three years, Taiwan's drone manufacturers have successfully entered the US market and secured military contracts in Ukraine. Taiwanese companies differentiate themselves through product reliability and quality, breaking through international price competition and demonstrating Taiwan's technological competitiveness in premium markets.
OpenAI has introduced the new GPT-Live voice model series, enhancing voice interaction with ChatGPT. The model can listen to user speech, respond in real-time, and naturally interject at appropriate moments, making human-AI conversations more natural and fluid, similar to human-to-human dialogue.
Apple filed a lawsuit against OpenAI on the 10th in the U.S. District Court for the Northern District of California, alleging the company stole trade secrets while developing competing devices. The action signals a major rift in the companies' partnership and marks the beginning of a competitive battle for dominance in future AI devices, according to Reuters.
U.S. media reports that Intel may manufacture chips for Apple's new Mac computers and iPhones. The move is reportedly linked to Apple's significant tariff exemption on imported chips obtained last year. If confirmed, this would mark a major shift in Apple's supply chain strategy, as the company has long relied on self-designed chips.
🎬 Entertainment
All five Taiwanese students representing Taiwan at the 56th International Physics Olympiad won gold medals, tying for first place globally with five gold medals. Among 381 participants from 91 countries, Taiwan's achievement demonstrates the exceptional physics proficiency of its high school students.
The Netflix series explores how family intimacy becomes magnified under social media scrutiny through a parental influencer storyline. The drama examines ethical concerns when maternal affection transforms into performance and children become content for engagement metrics. It questions the boundaries of love and highlights children's inability to refuse public observation within influencer culture, prompting viewers to reconsider child protection and privacy rights.
A Ryanair aircraft experienced a window rupture during flight, causing a male passenger to be partially sucked toward the opening at approximately 20,000 feet altitude. His wife and fellow passengers managed to pull him back to safety. Newly released footage reveals damage to the aircraft's engine and a large hole in one of the windows.
England defeated Norway 2-1 in extra time during the quarterfinals, advancing toward their first World Cup title in 60 years. Defending champion Argentina also won in extra time, beating Switzerland 3-1. The two traditional rivals will meet in the semifinals, continuing their classic rivalry spanning four decades and creating a new chapter in World Cup history.
🌏 International
US President Trump announced on day 10 that the ceasefire with Iran has ended, despite agreeing to continue negotiations. According to Axios, Washington demands Iran publicly acknowledge opening the Strait of Hormuz by day 11 and promise to cease fire on passing vessels. Trump stated the US agrees to Iran's request for continued dialogue but made clear the ceasefire has concluded.
U.S. President Trump stated on social media on the 10th that 1,000 missiles are prepared and targeted at Iran. He claimed this is in response to Iranian government threats of assassination or attempted assassination of the current U.S. president, and indicated that thousands more missiles would follow if Iran takes action.
Firmware and software supply chain security research firm Binarly disclosed six vulnerabilities in the open-source U-Boot bootloader in early July. Two vulnerabilities (BRLY-2026-037 and BRLY-2026-038) could lead to arbitrary code execution, while the remaining four pose lower risks. The vulnerabilities affect a wide range of devices using U-Boot, including servers, network equipment, and IoT devices.
US-Iran tensions escalated on July 12 morning. Following the third round of US airstrikes against Iran, Tehran launched a large-scale counterattack, firing numerous missiles and drones at the United Arab Emirates, Bahrain, and Qatar. The strikes triggered alarms at Doha and the US Fifth Fleet base in the region.
The US Central Command launched airstrikes against Iran on the evening of the 11th, targeting military facilities across four Iranian provinces. In response, Iran allegedly initiated counterattacks against US military installations throughout the Middle East, prompting multiple regional countries to activate air defense alert systems.
The US Central Command announced a new round of strikes against Iran following an Iranian attack on a cargo vessel. This marks the third US airstrike against Iran this week. The escalating military tensions between the two nations in the Middle East region continue to draw international attention.
Following Iran's Islamic Revolutionary Guard Corps announcement to close the Strait of Hormuz, the US Central Command stated on the evening of the 11th that under President Trump's direction, it launched the third round of strikes against Iran this week in response to Iran's military missile attack on a cargo ship in the strait on the 11th.
Iran announced the closure of the Strait of Hormuz following warning shots fired at a vessel operating outside designated shipping lanes without authorization. Iranian officials warned that any retaliatory actions would face severe responses. The move could significantly impact global energy transportation.
An Iranian state-run newspaper published a list of 13 individuals on November 11, claiming they are targets for retaliation over the death of Supreme Leader Ali Khamenei. The list includes U.S. President Trump and Israeli Prime Minister Netanyahu. The publication is known for provocative rhetoric, and the move has drawn international attention.
Lindsey Graham, a prominent Republican senator and close political ally of President Trump, has passed away at age 71. Graham was a strong supporter of Israel throughout his career. His death has prompted expressions of condolences from Trump and Israeli officials. Graham held significant influence in American politics and his passing represents a major loss for the Republican Party.
A New York Times investigation reports that Russia exploits Japan's weak counterintelligence laws, limited intelligence systems, and advanced technology sector to obtain military technology. Russian military intelligence operatives use the Russian airline's Tokyo office as cover to purchase or steal Japanese high-tech equipment and components, then transfer them to Russia through third countries. This intelligence operation is located just a 10-minute walk from Japan's National Police Agency headquarters.
Taiwan's FDA announced that three batches of cooking oil products tested positive for benzo(a)pyrene, a carcinogenic substance. As of noon on the 12th, a total of 144 tonnes have been recalled: 73.2 tonnes from Chung Lien, 33 tonnes from Taishan, and 37.8 tonnes from Nankuang, affecting 58 product items.
Mojtaba Khamenei, son of Iran's Supreme Leader, has declared that vengeance for his father's killing is "inevitable." The incident occurred on the first day of military operations by the United States and Israel against Iran. Mojtaba's statement underscores Iran's firm stance on responding to the incident.
Iran's Islamic Revolutionary Guard Corps attacked a commercial vessel transiting the Strait of Hormuz, resulting in a missing crew member, according to US Central Command. The US subsequently increased military operations in response. The Strait of Hormuz is a critical global oil shipping route, and the incident raises international maritime security concerns.
Iran is intensifying military operations in the Hormuz Strait, reflecting its strategy to consolidate strategic positioning in the Middle East. As a critical global energy transit route, Iran leverages control of this key waterway to enhance its regional influence and negotiating leverage.
📰 Other
France is experiencing a new heat wave impacting more than 22 million people. Major Paris landmarks, including the Eiffel Tower, have announced temporary closures in response to high temperatures. According to France's meteorological agency, 24 provinces in the northwestern region are affected by the heat wave. Authorities have implemented preventive measures to protect visitors and staff safety.
Typhoon Bawei has moved away from Taiwan with actual wind and rain intensity lower than forecast. Meteorological experts identified four weakening factors: lower sea surface temperature, intrusion of dry air from the north, strong vertical wind shear, and failed eyewall replacement cycle. These conditions rapidly reduced Bawei's intensity, allowing Taiwan to avoid the most severe weather impacts.
The Rocky Mountain and Northern Plains regions of the United States are expected to experience temperatures reaching 43°C (110°F) this weekend, affecting approximately 44 million Americans under heat wave warnings. The extreme heat wave will impact western and central US regions, prompting residents to take precautions against dangerously high temperatures.