Kuwait's Interior Ministry reinstated an air-raid alert.

Facing a weak IPO market, the UK will temporarily relax audit rules for Chinese companies seeking London listings. On July 15 the Financial Reporting Council issued revised Third Country Auditor (TCA) guidance permitting the use of Chinese auditing standards for audits of Chinese-registered entities issuing global depository receipts (GDRs) on the London Stock Exchange segment linked to Shanghai/Shenzhen; the guidance takes effect Sept 1, 2026. The move follows a UK government request to the FRC to explore temporary TCA changes to remove barriers to GDR listings while preserving the FRC’s statutory responsibilities for audit quality and investor protection.

CENTCOM said US forces at 6:00 a.m. ET launched a series of strikes on Iran aimed at further degrading Iranian military capabilities used to attack commercial shipping in the Strait of Hormuz.