Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google 
Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Hyundai Motor Group has collaborated with Texas-based groups CPS Energy and OCI Solar Power to test whether spent-up electric vehicle batteries could be reused as energy storage systems.
ESS stores leftover electricity by renewables such as solar and wind power.
The three firms will establish an ESS facility in September that can store a half-megawatt power, which is enough to power some 100 homes for a day.
Hyundai would provide its independently developed ESS, while CPS would operate the facility, and OCI would manage the software.
The objective is to extend the shelf life of EV batteries, which have to be replaced once their capacity falls below 70 percent, according to Hyundai Motor.
CPS, a municipally-owned electric and natural gas utility, powers some 1.2 million households. OCI, which supplies solar power for CPS, is one of Texas' largest utility-scale solar energy developers.
