PM wants delayed defence investment plan published by Nato summit, MPs told
Sir Keir Starmer is "determined to publish" the long delayed military spending plan before next month's Nato summit, according to the defence secretary.
· Richard Wheeler
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Newest first · UTC+11:00Explosion reported on cargo vessel in Gulf
A cargo vessel travelling in the Gulf has been struck by an unknown projectile, causing a “large explosion”, according to the United Kingdom Maritime Trade Operations (UKMTO).
· Middleeasteye
Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference
Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire
· Joseph Gedeon
El Al launches direct, 15-hour-long flight to San Francisco from Tel Aviv for next fall
El Al announced on Monday that it would resume nonstop flights between Tel Aviv and San Francisco from October 25, citing demand for a route between the two tech hubs.
· ZIV REINSTEIN, REUTERS
School economics class. Jamie Laing on building sweet brand Candy Kittens: ‘I don’t really like weekends’
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Crypto scams, vape outlaws, Hong Kong homes: cartoonist Harry Harrison’s wry takes on May
Discover Harry’s View as our veteran cartoonist casts his satirical eye over the political, social and economic landscape
· SCMP
Cartoonist Harry Harrison’s humorous takes on Hong Kong and beyond in May
Discover Harry’s View as our veteran cartoonist casts his satirical eye over the political, social and economic landscape
· SCMP
Japan, US to invest $1bn in 'Genesis Mission' AI project
As the U.S. and China vie for dominance in AI , Japan aims to deepen its alignment with Washington. © Reuters
· Staff Writer
(2nd LD) Nvidia's Jensen Huang cites robotics as potential area of investment in S. Korea
(ATTN: UPDATES throughout with Huang's remarks to reporters in Taipei; CHANGES headline, dateline; ADDS photo)
· Lee Haye-ah
Nvidia launches chip for Windows laptops in consumer PC push
TAIPEI — Nvidia unveiled a powerful laptop chip for Windows machines on Monday, staking its claim in the market for next-generation consumer PCs integrated with artificial intelligence.
· Agence France-Presse
EU is 'ready to contribute' to possbile US-Iran deal
EU foreign policy chief Kaja Kallas on Monday said that it was prepared to contribute towards a possible ceasefire deal between the US and Iran through "maritime operations, and economic incentives".
· Middleeasteye
Key Events This Week: Jobs Report, JOLTS, ADP, ISMs And Fed Speakers
The key event for markets outside of Iran (which is once again front and center following news that Iran is halting all exchange of messages with the US in protest of Israeli crimes in Lebanon) will be Friday’s US May employment report. Economists forecast a notable moderation in payroll growth compared with the rel…
· Tyler Durden
Inside The Major Bill Poised To Reshape The US Housing Market
Authored by Andrew Moran via The Epoch Times,
· Tyler Durden
IBM Soars On Resurfaced Trump Clip, Barclays Buy Rating As MoMo Rally Accelerates
IBM shares jumped as much as 15% in premarket trading after Bloomberg described a recirculated video of President Trump stating that the stock is "going to go up a lot more."
· Tyler Durden
Vegetables for the gods and moving Messi’s statue: photos of the day – Monday
View image in fullscreenRothwell, UKLocal people try to disarm the halberdiers of their halberds – a medieval weapon – after the reading of the charter, granted by King John in 1204 to the people of the town to allow them to hold a market and a fair, as part of the Rowell Fair Proclamation Day.
· Matt Fidler
Chinese EV makers recover in May but competition remains fierce amid overcapacity woes
Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost
· Daniel Ren
Chinese EV makers recover in May but competition remains fierce amid overcapacity woes
Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost
· Daniel Ren
Basra’s dual power: How Iraqi state and militias vie for control within striking range of Kuwait | The National
Caught in the crossfire of the Iran war, the province of Basra in Iraq's southern tip is home to militia groups that wield significant influence over the local economy.
· The National
S. Korea, Africa agree to bolster strategic cooperation amid global challenges
South Korea and African nations agreed Monday to strengthen economic and strategic cooperation, including in supply chains and critical minerals, amid mounting global challenges, Seoul's foreign ministry said.
· Yonhap
Should the Giants trade Luis Arraez at the trade deadline or not?
See more of our coverage in your search results.
· Ryan Kostecka
Iranian attacks awaken Bahrain’s demons - opinion
The 40-day war between Israel and the US and Iran shook the Gulf states, which endured missile and drone barrages and a naval blockade from Tehran. Yet nowhere did anxiety rise as sharply as in Bahrain, the small archipelago monarchy that normalized ties with Israel under the Abraham Accords. During the Bahrain saw …
· ILAN ZALAYAT
S. Korea, Africa agree to bolster strategic cooperation amid global challenges
SEOUL, June 1 (Yonhap) -- South Korea and African nations agreed Monday to strengthen economic and strategic cooperation, including in supply chains and critical minerals, amid mounting global challenges, Seoul's foreign ministry said.
· Oh Seok-min
Futures Rise Despite Oil Bounce, As Nvidia Keeps AI Euphoria Going
Futures are positive and at session highs even as the a lack of a US / Iran deal pushes oil prices, bond yields, and volatility higher. As of 8:00am ET, S&P futures are up 0.3% to a new all time high of 7620; Nasdaq futures rise 0.2%: the Computex AI Conference kicked off; biggest news is NVDA to enter PC space with…
· Tyler Durden
China’s investment-driven role in global growth is underestimated, study says
Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say
· Sylvia Ma
Is China’s global economic influence bigger than it looks? New study says yes
Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say
· Sylvia Ma
Rescuers dig for bodies after Myanmar explosives blast kills at least 38
The incident has cast a spotlight on Myanmar’s largely unregulated mineral industry and Chinese investment in the country’s extractive industries
· Associated Press
Rescuers dig for bodies after Myanmar explosives blast kills at least 38
The incident has cast a spotlight on Myanmar’s largely unregulated mineral industry and Chinese investment in the country’s extractive industries
· Associated Press
The stock market just did something eerily similar to the dotcom bubble top in 2000
The S&P 500 closed at a record on the last trading day of May, but only a handful of stocks — focused mostly in the AI area — hit their own all-time highs.
· Tobias Burns
Amid shekel-dollar crisis: High-tech sector gains strength as Israel's main export with 58% in 2025
Israeli high-tech companies accounted for 58% of Israel’s total exports in 2025, according to the annual report on the state of high tech published on Sunday by the Israel Innovation Authority.
· TOBIAS HOLCMAN
Closure of Hong Kong’s Casa Hotel tied to student-housing trend after failed sale attempts
Move comes as hotel-to-dormitory conversions gather pace, even as some owners wait for asset values to rebound, property consultant says
· Peggy Ye
Closure of Hong Kong’s Casa Hotel tied to student-housing trend after failed sale attempts
Move comes as hotel-to-dormitory conversions gather pace, even as some owners wait for asset values to rebound, property consultant says
· Peggy Ye
Greece reopens Syrian and Afghan asylum cases, hoping for returns
Athens, Greece – Bashir is a Syrian Muslim who has lived in Greece since 2014. He married a fellow Syrian in the country, and three months ago, they had a son. After years of picking olives and oranges, learning Greek and a trade in metalwork, and finally buying his own equipment to start work as an independent trad…
· John Psaropoulos
World does not want ‘AI Iron Curtain’, China’s Communist Party mouthpiece says
People’s Daily says China and US should work together to advance the development and governance of artificial intelligence
· Karen Tian
No need for ‘AI Iron Curtain’, China’s Communist Party mouthpiece says
People’s Daily says China and US should work together to advance the development and governance of artificial intelligence
· Karen Tian
Millions Of Americans Are Giving Up On Buying New Cars
A growing number of Americans can no longer afford to buy new vehicles. Since 2020, roughly one million potential buyers have exited the market, and industry forecasts suggest they are unlikely to return soon, according to Wall Street Journal.
· Tyler Durden
Akeso lung cancer drug shines in trials, boosting hopes in US$20b market
Ivonescimab phase three trials reduce death risk by 34 per cent, as analysts predict it could transform non-small cell lung cancer therapy
· Julie Zhang
Akeso lung cancer drug shines in trials, boosting hopes in US$20b market
Ivonescimab phase three trials reduce death risk by 34 per cent, as analysts predict it could transform non-small cell lung cancer therapy
· Julie Zhang
Trump’s latest inflation problem explained, Iran’s ceasefire is tested
This was originally emailed to our Morning Wire subscribers. You can subscribe at any time at apnews.com/newsletters.
· Nadja Lovadinov
Live updates: Trump faces new inflation warning from bond market
President Donald Trump attends a Cabinet meeting at the White House, Wednesday, May 27, 2026, in Washington. (AP Photo/Jacquelyn Martin)
AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC
The AI revolution is 50 times bigger than the dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday.
· Sawdah Bhaimiya
Manus on Markets: Middle East tensions rise as US and Iran trade attacks | The National
Manus Cranny, The National's geo-economics editor, cuts through the noise and presents insights from the stories making headlines around the world.
· Manus Cranny
Property recovery in Hong Kong, mainland China warrants attention
Geopolitical forces, policy support, attractive rents and lower interest rates have combined to improve the outlook for both markets
· Nicholas Spiro
Property recovery in Hong Kong, mainland China warrants attention
Geopolitical forces, policy support, attractive rents and lower interest rates have combined to improve the outlook for both markets
· Nicholas Spiro
US, Iran trade new attacks amid talks: Here’s what we know
United States President Donald Trump says he is close to achieving a “very good deal” with Iran, but Washington and Tehran have been engaged in a new exchange of fire, dimming hopes of finalising a deal to end the war.
· Al Jazeera Staff
Signs Brisbane market is cooling despite another uptick in values
Brisbane is edging closer to Australia’s most expensive place to buy a home but industry figures say the market is cooling following the federal government’s property tax overhaul designed to improve affordability.
· William Davis
What to eat at Dine BNE City 2026
Brisbane Economic Development Agency’s month-long food fest, Dine BNE City, is back for 2026, once again hawking all that is great and open late (or late-ish) in the CBD.
· Matt Shea
Stocks shake off Iran jitters as AI pushes market up, even amid oil climbs and Hormuz crisis
Global stocks traded at record highs on Monday as the AI boom continued to drive demand, offsetting news of fresh attacks in the Gulf that challenged optimism about a reopening of the Strait of Hormuz and lifted oil prices.
· REUTERS
Atlanta stadium execs spent $600K in tax dollars on World Cup VIP seats while fretting over ‘crazy’ prices
See more of our coverage in your search results.
· James Franey
No slowdown in Gulf sovereign investments amid Iran war | The National
The Iran war had little to no impact on the investment appetite of the Gulf's sovereign wealth funds, with most of the capital from the hydrocarbon-rich sovereign investors during the second quarter flowing into developed market assets.
· Sarmad Khan
Uber acquires controlling stake in UAE's Careem for $100 million | The National
UAE telecoms company e& will sell 12.5 per cent of its stake in Careem Technologies to Uber for $100 million.
· Aarti Nagraj