Canaccord Genuity: Raised Netflix (NFLX.O) price target to $525 from $470.

Google spokesman: Google (GOOG.O, GOOGL.O) is in the early stages of exploring the idea of potentially providing artificial intelligence tools to help journalists.

EU trade chief highlights challenges in steel dispute with US.

WSJ: Activist hedge fund Trian co-founder Ed Garden launches family office.

Market news: Southeast Asian online car-hailing company Grab will acquire Singapore taxi company TRANS-CAB for about S$100 million.

USGS: A 5.1-magnitude earthquake struck 85 kilometers northeast of Sanana, Indonesia.

One-month HIBOR rose 11.1 basis points to 5.21%, the highest since October 2007, and two-month HIBOR rose 10 basis points to 5.21%, the highest since October 2007 level.

The Philippine stock index rose 1 percent to 6,607.71.

[The U.S. Senate passed the National Defense Authorization Act, prohibiting the U.S. President from withdrawing from NATO without consent] According to the Russian satellite network, the U.S. Senate proposed an amendment to the National Defense Authorization Act for Fiscal Year 2024 on Wednesday, requiring the United States to obtain approval from the Senate before withdrawing from the NATO alliance. U.S. senators approved the amendment by a vote of 65 to 28. The amendment prohibits the president of the United States from suspending, terminating, condemning or withdrawing from NATO without the advice and consent of two-thirds of the Senate. Sen. Tim Kaine, D-Va., the sponsor of the amendment, said that by passing this bipartisan bill, we are sending a strong message that the US Congress stands with NATO.

The New Zealand Commerce Commission is expected to make a decision on Microsoft by Aug. 8.

RIA Novosti: Ukraine strikes Crimea with drones, killing one person and damaging four buildings, local officials said.

Wanda’s dollar bonds due on July 23 rose 20 cents to 81.8 cents per dollar.

AUD/USD rose 1%, its biggest gain in a week, as high as 0.6840.

Piper sandler: Raised Tesla (TSLA.O) price target to $300 from $280.

National Hurricane Center: Tropical Storm Don is about 825 miles (1,330 kilometers) southwest of the Azores; maximum sustained winds are 50 mph (85 km/h).

The Thai baht rose 0.9 percent to 33.83 per dollar, its strongest since May 16.

Trading in the 200,000 Wanda 01" bond was temporarily suspended during the session, after the previous price rose by more than 20%.

Local Ukrainian officials said Russia attacked Nikolayev, wounding at least nine people and killing an unknown number.

Reuters poll: 40 out of 75 economists expect the European Central Bank to raise the deposit rate to 4.00% in September.