{"id":51214,"date":"2025-07-29T22:38:21","date_gmt":"2025-07-30T02:38:21","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/pacific-tsunami-alert-issued-after-massive-russia-quake-economic-data-and-trade-deals-in-focus\/51214\/"},"modified":"2025-07-29T22:38:21","modified_gmt":"2025-07-30T02:38:21","slug":"pacific-tsunami-alert-issued-after-massive-russia-quake-economic-data-and-trade-deals-in-focus","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/pacific-tsunami-alert-issued-after-massive-russia-quake-economic-data-and-trade-deals-in-focus\/51214\/","title":{"rendered":"Pacific Tsunami Alert Issued After Massive Russia Quake; Economic Data and Trade Deals in Focus"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li>A powerful <strong>8.7 magnitude earthquake<\/strong> off Russia has triggered widespread <strong>tsunami warnings<\/strong> and watches across the Pacific, including Hawaii, Alaska, British Columbia, and the U.S. Pacific Coast, with estimated arrival times for California.<\/li>\n<li><strong>Singapore&#39;s preliminary unemployment rate<\/strong> for June was reported at <strong>2.1%<\/strong>.<\/li>\n<li><strong>Indonesia&#39;s trade deal<\/strong> with the U.S. remains <strong>far from finalized<\/strong>, despite a framework agreement on tariffs.<\/li>\n<li><strong>CATL&#39;s<\/strong> (<a href=\"\/stock\/300750.SZ\">300750.SZ<\/a>) <strong>Hong Kong-listed shares<\/strong> have become a favored short target amidst their rally, even as borrowing costs for shorts jump.<\/li>\n<li><strong>Japan<\/strong> has reported no disruptions at its <strong>nuclear facilities<\/strong> and no casualties or damage following the Kamchatka earthquake.<\/li>\n<\/ul>\n<p>A significant <strong>8.7 magnitude earthquake<\/strong> off Russia has prompted widespread <strong>tsunami warnings<\/strong> and watches across the Pacific Rim early Wednesday. Hawaii is currently evacuating coastal areas, with residents urged to move to higher ground as a tsunami warning remains in effect. A tsunami watch has also been issued for Alaska and the Pacific Coast of the United States, including British Columbia and the Alaska Peninsula.<\/p>\n<p>Estimated tsunami arrival times for California coastal areas include Santa Barbara at 12:50 a.m., Los Angeles Harbor at 1:05 a.m., Newport Beach at 1:10 a.m., and Oceanside and La Jolla both at 1:15 a.m. Japan has confirmed no irregularities at its nuclear facilities and no casualties or damage reported so far following the Kamchatka earthquake.<\/p>\n<p>In economic news, <strong>Singapore&#39;s preliminary unemployment rate<\/strong> for June stands at <strong>2.1%<\/strong>. This data provides a snapshot of the labor market health in the Southeast Asian financial hub.<\/p>\n<p>Meanwhile, <strong>Indonesia\u2019s Coordinating Minister for Economic Affairs, Airlangga Hartarto<\/strong>, confirmed that a trade deal with the U.S. remains <strong>far from finalized<\/strong>. Although a framework deal concerning tariffs has been reached, the agreement is not yet final. Separately, <strong>Malaysia&#39;s Finance Ministry<\/strong> announced that the government will not proceed with the implementation of the high-value goods tax.<\/p>\n<p>In corporate developments, <strong>CATL\u2019s<\/strong> (<a href=\"\/stock\/300750.SZ\">300750.SZ<\/a>) <strong>Hong Kong-listed shares<\/strong> have become a favored short target. This trend persists despite a rally in the stock and a jump in borrowing costs for those looking to short the battery giant.<\/p>\n<p>On a different note, <strong>Japan&#39;s Finance Ministry<\/strong> reported four cases of illegal fentanyl imports between 2010 and 2018, but also confirmed that no fentanyl has been seized at the border over the past six years, through 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways A powerful 8.7 magnitude earthquake off Russia has triggered widespread tsunami warnings and watches across the Pacific, including 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