Iran's Bandar Abbas port authority said a US strike on its pier destroyed 30 fishing vessels and caused about 600 billion Iranian rials in damage.

Japan’s House of Councillors on Friday approved an amendment to the Personal Information Protection Act permitting companies to use sensitive personal data for AI development and statistical analysis without individual consent, provided the data cannot be used to identify specific persons. Information collected from social media and other platforms may include race, medical records and criminal histories. The revised law introduces profit-based fines for data misuse: firms that improperly obtain or use personal information on more than 1,000 people face penalties equal to the profits derived from that information. The amendment aims to accelerate domestic AI development; related legislation also allows the government to supply data to private firms and research institutions for AI and autonomous-driving development. Business groups have increasingly pushed for looser data-protection rules.

Ex-hedge fund manager Jim Cramer said SK Hynix will list on Nasdaq on Friday, calling it a potential opportunity but warning of significant investment risk. He cited continued AI-driven demand for memory as the bullish thesis but flagged the sector’s strong cyclicality and the risk that rising supply could erode returns. Cramer noted the stock trades at only about 7x this year’s expected earnings and recommended establishing a small starter position while keeping cash to buy further on pullbacks. SK Hynix shares are roughly 25% below their June 25 high.