A vessel was struck by an unidentified projectile in the Strait of Hormuz early Tuesday, damaging its engine room and resulting in one crew casualty, with the Omani coast guard assisting the rest of the crew, according to the UK Maritime Trade Operations agency as reported by Al Jazeera. The strike lands a day after the 60-day US-Iran framework agreed in June expired with no deal reached, and daily vessel crossings through the strait have fallen to single digits from more than 130 before the standoff began. President Trump said he won't extend the ceasefire deadline and warned Oman he would "bomb" the country if it interfered with US operations, even as Iran and Oman continue separate talks aimed at reopening the waterway. Brent crude held near $91 a barrel Tuesday, barely budged from Monday's level, according to Investing.com — the risk premium is already priced in rather than spiking fresh, at least for now.

The 30-year US Treasury yield climbed to 5.311% overnight, its highest level in 19 years, as rising oil prices, heavy government bond issuance and persistent inflation concerns pushed long-dated debt lower in price across every major market, according to CNBC. It's the same global repricing hitting Japan's own 10-year JGB, and a reminder that Tuesday's equity selloff has a single common thread running underneath it: yields, not any one company's news, are driving the tape.

The S&P 500 fell 0.52% to 7,745.06, the Nasdaq Composite dropped 0.32% to 26,644.91 and the Dow Jones Industrial Average lost 0.51% to 53,459.78 in Monday's session, as Brent crude and Treasury yields both rose on renewed US-Iran tension, according to Yahoo Finance. US markets have yet to open Tuesday's session, so today's reaction to the fresh Hormuz incident and the bond selloff is still ahead — Home Depot, Analog Devices, Lowe's, TJX and Target are all scheduled to report over the next two days, giving an early read on the US consumer heading into the back half of the year.

British wage growth held at 3.5% even as the broader UK labour market weakened further, according to Investing.com, with the same Iran-driven oil rise now squeezing UK households' cost of living from the same angle it's hitting Tokyo's import bill.

South Korean President Lee called for greater military independence Tuesday, responding to President Trump's move a day earlier to scale back the annual joint US-Korea exercises, a decision Trump tied to cost concerns and his relationship with North Korea's Kim Jong Un, according to The Guardian. It's a live test of how firm the US security umbrella in the region actually is — the same question defense planners in Tokyo, which relies on the identical alliance architecture, are watching just as closely as Seoul.

China's 10-year government bond yield dropped to its lowest level in 13 months, according to the Financial Times, a striking divergence from the yield spike running through Japan, the US and the UK on the same day — a sign Beijing's own growth and deflation concerns are still pulling in the opposite direction from the rest of the world's rate story.

Bitcoin traded around $64,390 Tuesday, up from Monday's $63,038 level, according to CoinDesk, even as most other major tokens slipped — a session where crypto and equities parted ways rather than moving together.

Anthropic's annualized revenue run rate surpassed $65 billion at the end of July, up from $47 billion in May and just $9 billion at the end of 2025, according to TechCrunch. The company added $18 billion in run-rate revenue in just two months, roughly double OpenAI's own reported $40 billion figure, and is reportedly targeting a public valuation north of $2 trillion in a potential IPO as soon as this fall — a scale of growth that's reshaping how investors think about the entire AI-infrastructure buildout Japan's chip-equipment makers are riding.

Nvidia agreed to provide up to $105 billion in guarantees backing OpenAI's 20-year lease of an 8-gigawatt data center in Pike County, Ohio, developed by SoftBank-backed SB Energy, plus a separate $1.5 billion direct investment in SB Energy itself, according to the South China Morning Post. Nvidia will be the site's exclusive chip supplier, with the first 800 megawatts online in 2028. Jensen Huang framed the deal as "securing long-lived infrastructure for Nvidia compute," but it's the latest in a run of financing arrangements — on top of the $500 billion third-party infrastructure platform Nvidia unveiled with major banks last week — that's drawing scrutiny over whether Nvidia is effectively financing its own demand.

Google has told suppliers it plans to move all Pixel phone, smartwatch and earbud manufacturing out of China by 2027, leaning on expanded Vietnam and India capacity, according to Nikkei Asia. Google has been merging its cloud-chip and smartphone memory orders while negotiating with Micron, Samsung and SK Hynix, and is reportedly targeting 8-10% shipment growth this year even as most other smartphone makers trim their own targets — a small but real data point for how AI-driven memory demand is reshaping supply-chain decisions well beyond the hyperscalers themselves.

SanDisk (SNDK) has pulled back more than 30% from its June intraday high near $2,354, even after a blowout quarter driven largely by rising NAND flash pricing, according to the Motley Fool. Wall Street remains broadly bullish on the company's 2028-2030 growth targets and its joint NAND development work with Kioxia, but the pullback is a reminder that even the clearest present-tense winners of this memory cycle aren't immune to profit-taking once a rally runs far enough.

Situational Awareness, the AI-focused fund founded by former OpenAI researcher Leopold Aschenbrenner, is offering part of its roughly $5 billion Anthropic stake at a 20% discount as it scrambles for cash, according to the Wall Street Journal, as reported by Techmeme. The fund's public portfolio — which at its $45 billion peak included a leveraged bet on SK Hynix — was largely liquidated to Citadel last month after a sharp July drawdown triggered margin calls; the private Anthropic stake was the one holding it kept, and now even that is being partially sold under pressure. It's a pointed reminder that leverage, not conviction, is usually what actually breaks a fund in this cycle.

Opening arguments began Tuesday in a lawsuit brought by attorneys general from 29 US states accusing Meta of designing its platforms to be addictive to minors, with New Mexico's AG calling the potential consequences "astronomical," according to CNBC, as reported by Techmeme. It's one of the largest state-level tech-liability actions to reach trial and a case Big Tech's other platforms will be watching closely for how courts treat product-design claims going forward.

Yokohama High School beat Hanamaki Higashi 5-0 in Tuesday's Summer Koshien quarterfinal, ending Iwate's run and advancing to the final four, according to Iwate Nippo. Yokohama pitcher Shoki Oda broke his own Koshien velocity record mid-game, touching 156 kilometers per hour — the fastest pitch ever recorded at the tournament, surpassing the mark he set himself earlier this summer. Hanamaki Higashi, appearing at Koshien for the 14th time in the last four years, falls short of the semifinals for the first time since a run 13 years ago.

Singer Chiharu Moritaka, who grew up in Kumamoto, announced she is personally donating ¥20 million to recovery efforts from this year's Kumamoto earthquake, with her talent agency Up-Front Group adding a further ¥100 million — ¥120 million combined — according to Yahoo Japan. Moritaka has written songs about her hometown before, and said the donation reflects how much she's been thinking of Kumamoto since the quake hit.

The Recording Academy is reportedly reconsidering creating a dedicated Asia category for the Grammy Awards after K-pop giant BTS chose not to enter this year's cycle, according to Livedoor News. The move would formalize a category the Grammys have danced around for years as K-pop and J-pop acts have kept climbing the global charts without a clean lane of their own to compete in.

"Bleach: Thousand-Year Blood War — The Calamity," the fourth and closing part of the franchise's climactic arc, has cast Yuki Kaji — best known as Eren Yeager in Attack on Titan — as the adult, full-Bankai voice of Toshiro Hitsugaya, according to Anime News Network. The character debuted in the episode that premiered August 15, closing out one of the more anticipated casting questions of the show's final stretch.

Gosho Aoyama, creator of the long-running Detective Conan manga, has revealed he already drafted the series' final chapter years in advance, according to Anime News Network. For a franchise that's run for more than three decades with no end in sight, the news that its ending already exists on paper somewhere is the kind of detail its devoted fanbase has speculated about for years.

Tokyo is distributing free furoshiki — the traditional folding cloth that doubles as a reusable bag — designed by Atsuko Nishida, the artist behind Pikachu's original character design, to help tourists carry their trash home instead of leaving it on the street, according to SoraNews24. Japan pulled most public trash cans after the 1995 Tokyo subway sarin attack, and locals have long just carried their own garbage home — a habit visitors unfamiliar with the custom often don't know to follow. The furoshiki, made from recycled polyester and printed with Tokyo's AI mascot characters the Tokyonauts, fold up large enough to hold a standard drink bottle and will be available at hotels, tourist information centers and a kickoff event at Omotesando Hills later this month, part of the city's "Keep Tokyo Clean" push. Leave it to Tokyo to solve a litter problem with a Pokémon designer and a piece of cloth.