Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken 
Daewoo Shipbuilding & Marine Engineering Co.'s deal with Japanese shipowner Mitsui OSK Lines (MOL) to build a liquefied natural gas (LNG) floating storage regasification unit (FSRU) has been revised to building a super-large LNG carrier instead.
The switch, which halved the deal's original price of 410.6 billion won to 226 billion won, became necessary after German utility firm Uniper canceled the Wilhelmshaven LNG import project.
Daewoo Shipbuilding clinched the deal with MOL on May 21, 2020.
MOL then signed a deal with LNG Terminal Wilhelmshaven, a fully-owned subsidiary of Germany's Uniper SE, to charter the FSRU.
The LNG carrier will be delivered by October 2023, the shipbuilder said.
