Why the Fed is not ready to bet on AI just yet | The National
Kevin Warsh focused his first conference as Federal Reserve chair on June 17 on a familiar problem: fast-rising prices fuelled by the Iran war.
· Karl Schmedders
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Newest first · UTC+11:00Vingroup bets on solar panels placed above fishponds in the Philippines
VinEnergo and SunAsia executives sign a deal for solar panels to be installed over aquaculture farms in the Philippines, on June 17 in Manila. (Vingroup)
· LIEN HOANG
Venus royalty windfall breathes new life into WA gold hunt
Fresh from reshaping the balance sheet through a sale of its Youanmi royalty for a hefty $46 million in cash, Venus Metals Corporation is turning renewed attention to one of its longest-held Western Australian gold assets.
· Penny Taylor
Heat’s top NBA free agency targets after Giannis Antetokounmpo trade
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· Bryan Fonseca
Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns
An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central ban…
· Tyler Durden
Victorian premier blames ‘inflation not corruption’ for Big Build cost blowouts amid fresh allegations
Jacinta Allan resists calls for royal commission into state’s infrastructure projects as pressure mounts following new reports
· Adeshola Ore
Local blockchain companies to take part in major tech event in Berlin
SEOUL, June 29 (Yonhap) -- South Korea's science ministry said Monday local companies will take part in a major tech, artificial intelligence (AI) and startup event opening this week in Berlin, Germany.
· Kang Jae-eun
Australia's Firmus announces Nvidia-backed 'AI factory' in Indonesia
Firmus says it will use Nvidia chips for its Indonesian data center and sell Nvidia-powered cloud services to "AI-native" customers. (Source photos by Getty and Ken Kobayashi)
· Staff Writer
China’s first AI-powered cancer vaccine production line set to launch in Beijing
Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations
· Julie Zhang
China’s first AI-powered cancer vaccine production line set to launch in Beijing
Likang Life Sciences says it has developed a personalised vaccine using advanced tech to identify tumour-specific mutations
· Julie Zhang
AI agents that provide ‘economic value’ are next frontier, says Meta AI research chief
UC Berkeley’s RDI centre earlier this month introduced Agents’ Last Exam, a new benchmark that tests how well AI agents perform
· Vincent Chow
AI agents that provide ‘economic value’ are next frontier, says Meta AI research chief
UC Berkeley’s RDI centre earlier this month introduced Agents’ Last Exam, a new benchmark that tests how well AI agents perform
· Vincent Chow
Europe’s strategic autonomy starts on the road
Geopolitical tensions, energy price volatility and growing concerns about economic security have brought competitiveness, resilience and strategic autonomy to the center of the European Union’s policymaking. Across energy, industry and defense, the focus is increasingly on reducing dependencies, strengthening domest…
· Raluca Marian, director of EU advocacy, International Road Transport Union (IRU); and general delegate, IRU’s Permanent Delegation to the European Union
Cooler Japan: Firms race for new ways to prevent heatstroke
Hot summer days have Japanese consumers searching for ways to cool down. (Photo by Yuki Nakao)
· Staff Writer
China adds 20 Japanese entities to its export control list
Ministry of Commerce cites national security concerns as reason for move
· Frank Chen
China adds 20 Japanese entities to its export control list
Ministry of Commerce cites national security concerns as reason for move
· Frank Chen
BTS' Suga reportedly invested in Elon Musk's SpaceX before IPO
Suga of BTS invested in Elon Musk's SpaceX years before its June 12 stock market debut, according to a report published Monday by the South Korean news outlet Edaily.
· Hwang Sun-jun
Coles and Woolworths ranked worst supermarkets for suppliers in major report
Grocery suppliers have ranked Woolworths and Coles as the worst major supermarkets to deal with in a new report that found ongoing and widespread frustrations about feeling pressured to give up their own margins during tough negotiations or risk having their products pulled from shelves.
· Jessica Yun
[Vantage Point] Can the market handle GCash?
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· gdecastro0289
EU confronts ‘China shock’ ahead of pivotal Brussels trade talks
There is a growing sense Europe will have to learn to ‘live with’ Beijing’s economic model, which it accuses of undercutting its industries
· Finbarr Bermingham
EU confronts ‘China shock’ ahead of pivotal Brussels trade talks
There is a growing sense Europe will have to learn to ‘live with’ Beijing’s economic model, which it accuses of undercutting its industries
· Finbarr Bermingham
Trump is threatening a new trade war. The EU should call his bluff
June 29, 2026 — 11:59am
· Stephen Bartholomeusz
Sendai Airport chief confident a decade after privatization
NATORI, MIYAGI PREF. – The chief of the operator of Sendai International Airport in Miyagi Prefecture, which was privatized a decade ago, has expressed confidence in making economic contributions to the Tohoku region.
· No Author
BlueBay sees near-term risk in Japan AI stocks followed by rally
RBC BlueBay Asset Management remains bullish on Japanese AI-related stocks, expecting the rally to extend into 2027, while trimming near-term risk ahead of a potential slowdown in July and August.
· Momoka Yokoyama
Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
Shares of Samsung Electronics and SK Hynix plunged on Monday after reports surfaced that the pair are expected to unveil investment plans worth more than a trillion dollars.
· Lee Ying Shan
China's state developers power Shenzhen construction despite market woes
This project in Shenzhen, called Marivista, is a joint development by state-owned conglomerates China Merchants Group and China Resources. (Photo by Wataru Suzuki)
· Staff Writer
To boost birth rate, Hong Kong needs to deliver quality housing
If homes remain painfully unaffordable and pitifully small, it’s very difficult to persuade couples to have children
· Alice Wu
CNBC Daily Open: Another weekend escalation in Iran, another market shrug
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
· Lim Hui Jie
Gov't to sell 160 bln won worth of Treasury bonds next month for retail investors
SEOUL, June 29 (Yonhap) -- The finance ministry said Monday it will issue 160 billion won (US$104 million) in government bonds for individuals next month.
· Park Sang-soo
RBA prepares for ‘fire drills’ to deal with the next COVID-like crisis
The Reserve Bank has revealed it may cut interest rates deeper and more quickly to soften the hit caused by shocks such as the pandemic recession rather than print money, as it plans to run “fire drills” to test how it would deal with another economic earthquake.
· Shane Wright
Young family pay $1.86m for Melbourne home in sought-after school zone
A young family paid $1.86 million for a family home in Mount Waverley at auction on Saturday, beating four other parties for a standout result in a sought-after school zone, despite the weak auction market.
· Abbir Dib
Philippines leads the world in rush to solar as power prices soar
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· Herbie G
Beijing’s handover anniversary policy gift to Hong Kong? It could be a ‘Reit Connect’
Previous July 1 anniversaries have delivered financial policy changes, and markets anticipate expanded cross-border access this year
· Themis Qi
Could a ‘Reit Connect’ be Hong Kong’s handover anniversary gift from Beijing?
Previous July 1 anniversaries have delivered financial policy changes, and markets anticipate expanded cross-border access this year
· Themis Qi
Lee set to unveil large-scale investment plans in advanced tech, including chip cluster
President Lee Jae Myung on Monday was set to unveil large-scale investment plans designed to nurture the country's semiconductor, physical artificial intelligence and AI data center sectors, including the creation of a new chip cluster.
· Yonhap
Lee set to unveil large-scale investment plans in advanced tech, including chip cluster
SEOUL, June 29 (Yonhap) -- President Lee Jae Myung on Monday was set to unveil large-scale investment plans designed to nurture the country's semiconductor, physical artificial intelligence (AI) and AI data center sectors, including the creation of a new chip cluster.
· Park Boram
The looming challenge Mets are starting down at trade deadline —outside of one area
We should be headed pretty soon to that unfortunate portion of the baseball season that happens far too frequently in Flushing. That, unhappily, is selling season.
· Jon Heyman
Seoul shares open lower on Iran uncertainty, investment plan by Samsung, SK hynix in focus
SEOUL, June 29 (Yonhap) -- South Korean stocks opened lower Monday as investor sentiment remained cautious amid renewed uncertainty over the fragile U.S.-Iran ceasefire and rising oil prices.
· Kim Eun-jung
Southeast Asians scale back spending as Iran war spillover persists
A vendor tends to a customer at a public market in Quezon City, Metro Manila. The Philippines reported 7% year-on-year inflation in April and May due to the impact of the Iran war on fuel prices. © Reuters
· ISMI DAMAYANTI
Why brokers believe China’s AI-driven stock run will find fresh legs
Domestic and global banks put markers down on equity growth based on stronger earnings, exposure to energy transition
· Zhang Shidong
Why brokers believe China’s AI-driven stock run will find fresh legs
Domestic and global banks put markers down on equity growth based on stronger earnings, exposure to energy transition
· Zhang Shidong
The $54 million sponsorships raising questions about influence over Aussie kids
LIVE, FREE and EXCLUSIVE
· Sbsaustralia
The Papers: 'Burnham's 10-year mission' and 'Princess in Peaks condition'
Andy Burnham's "10 year mission" to "raise living standards" leads the Financial Times. In his first speech as "probable prime minister-in-waiting", he is expected to set out plans for a new "No 10 North" based in Manchester. The FT says his aim to decentralising power has "echoes of Starmer and Johnson".
· Bbcnews
Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears
61% of central banks polled by finance firm Invesco said US debt levels negatively impact the dollar’s long-term position as a reserve asset
· Reuters
Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears
61% of central banks polled by finance firm Invesco said US debt levels negatively impact the dollar’s long-term position as a reserve asset
· Reuters
Resurgent Robbie Ray continues to build trade case in Giants’ win over Braves
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· Evan Webeck
Rainforest village back in business after deluge destroyed road
Topic:Disaster Reconstruction
· Chloe Chomicki
Australia politics live: Vanuatu PM in Canberra as hopes rise over treaty; fossil fuel companies accused of marketing to children
Jotham Napat’s visit renews expectations that the two countries can sign the Nakamal pact after long negotiations. Follow today’s news live
· Krishani Dhanji, Adam Morton
To tackle elderly poverty crisis, Hong Kong needs to rethink retirement
With Hongkongers living longer, there is no reason they should stop working at 65 when they can still contribute to the city’s economy
· Mike Rowse