Al Jazeera reports: US Secretary of Defense says Iran is paying the price for its "wrong choices".

Country Garden held a July 10 management meeting and said H2 will be a critical window for its operational transition. Management ordered a focus on stabilizing financing and debt and sustaining development, directing regional project teams to ensure completion and handover of homes and to execute an orderly strategic shift back to normal operations. The company reviewed H1 progress and prioritized quality delivery, product upgrades, safety, organizational control and AI-driven operations. Joint chairman Mo Bin said the market warming trend is established; ongoing policy support and concentrated release of pent-up demand should drive recovery from Tier‑1/2 to Tier‑3/4 cities, a process that will take time and requires patience.

EMSC reported a magnitude-4.1 earthquake in southern Alaska, US; focal depth 110.5 km.