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Taiwan Tests Sea Drones As China Keeps Up Military Pressure
A Taiwanese-made sea drone capable of carrying explosives skimmed across waters off the island, in a public demonstration of uncrewed surface vehicles (USVs) that could boost Taiwan’s military capabilities amid rising tensions with China.

By The Financial District
Jun 201 min read


CDC Advisers Removed By RFK Jr. Say Kennedy Weakened Vaccine Program
The 17 members of a federal vaccine advisory committee who were ousted last week say their abrupt dismissal has "left the U.S. vaccine program critically weakened."

By The Financial District
Jun 201 min read


Iranian Missiles Destroy Israel’s Weizmann Institute of Science
The conflict that began last week—when Israeli drone and missile attacks destroyed nuclear facilities and killed top officials and weapons scientists in Iran—has also devastated one of Israel’s top scientific institutions, the Weizmann Institute of Science.

By The Financial District
Jun 201 min read


U.S. To Pause Migrant Raids On Farms, Hotels, And Restaurants
The US government has ordered immigration authorities to suspend workplace raids and arrests at farms, hotels, and restaurants.

By The Financial District
Jun 201 min read


Dimon Warns U.S. Inflation Will Rise, Employment Will Fall
JPMorgan CEO Jamie Dimon has warned that the economic stimulus efforts following the pandemic have largely been exhausted.

By The Financial District
Jun 201 min read


Japan To Cut Super-Long Bond Sales To Calm Markets
Japan plans to reduce sales of super-long bonds by about 10% from its original target in a rare revision to its fiscal-year bond program.

By The Financial District
Jun 201 min read


Thai PM Faces Calls To Quit After Leaked Phone Call
Thai Prime Minister Paetongtarn Shinawatra’s coalition government is teetering on the edge of collapse after a leaked phone call between her and former Cambodian leader Hun Sen reignited tensions over a long-standing border dispute.

By The Financial District
Jun 201 min read


"Signalgate" Scandal Unsettles Hegseth — Pentagon Insiders
Defense Secretary Pete Hegseth has appeared angry, disheveled, and hesitant since the emergence of the Signalgate scandal in March.

By The Financial District
Jun 202 min read


White House Investigates U.S. Contracts With SpaceX
The White House earlier this month ordered the Department of Defense and NASA to compile details on billions of dollars in contracts awarded to SpaceX.

By The Financial District
Jun 201 min read


PSE Index Up In Thin Trade
The Philippine Stock Exchange (PSE) index posted a modest gain Thursday, rising by 19.58 points or 0.34 percent to close at 6,357.01, amid thin trading as market sentiment remained cautious due to geopolitical risks in the Middle East.

By The Financial District
Jun 202 min read


Trump To Extend U.S. TikTok Ban Deadline, White House Says
TikTok will remain available in the U.S. for at least another three months, as President Donald Trump is set to extend the sale-or-ban deadline for the third time since taking office this year.

By The Financial District
Jun 192 min read


Japan Ruling Parties Mull Cash Handouts Ahead Of Upper House Race
Japan’s government and ruling coalition parties are considering using surplus national tax revenues to issue public cash handouts in an effort to combat rising prices.

By The Financial District
Jun 191 min read


Hollywood Battles AI Industry Over Plagiarism
It was only a matter of time before Hollywood took the fight to the artificial intelligence (AI) industry over its alleged abuse of intellectual property.

By The Financial District
Jun 192 min read


Trump Mulls U.S. Intervention In Israeli Strikes On Iran
President Donald Trump is considering joining Israel’s multiday military campaign targeting Iranian nuclear facilities.

By The Financial District
Jun 191 min read


U.S. Fed Set to Hold Rates Steady Amid Inflation And Tariff Uncertainty
The U.S. Federal Reserve is expected to hold interest rates steady following its policy meeting, as officials monitor the effects of tariffs on inflation and weigh pressure from President Donald Trump to cut rates.

By The Financial District
Jun 191 min read


Trump Mocked For Saying UK Is Still Part Of EU
President Donald Trump faced backlash after mistakenly suggesting that the United Kingdom remains a member of the European Union (EU).

By The Financial District
Jun 191 min read


Indonesian Volcano Erupts, Forces Evacuations And Flight Cancellations
Indonesia’s Mount Lewotobi Laki Laki erupted again on Wednesday, spewing massive ash and smoke plumes that forced evacuations and flight cancellations.

By The Financial District
Jun 191 min read


Taiwan Adds China's Huawei, SMIC To Export Control List
Taiwan has added Chinese tech giants Huawei Technologies and Semiconductor Manufacturing International Corp. (SMIC) to its export control list.

By The Financial District
Jun 191 min read


OpenAI Distanced Itself From Scale AI Before Meta Acquired 49% Stake
Meta’s purchase of a 49% stake in Scale AI for $15 billion has sparked concern across the AI ecosystem, especially among former clients like OpenAI.

By The Financial District
Jun 191 min read


Billionaire Condo Mogul Plans To Outmaneuver Trump’s Tariffs And Immigration Crackdown
Jorge Pérez, the 75-year-old billionaire behind South Florida’s luxury condo boom, is confronting headwinds from former friend President Donald Trump’s economic policies.

By The Financial District
Jun 191 min read


PSE Index Slumps On “Iran Surrender” Call
The Philippine Stock Exchange (PSE) index slumped on Wednesday to 6,337.43 points, down by 31.76 points or 0.50 percent, as geopolitical risks escalated following U.S. President Trump’s call for the unconditional surrender of Iran.

By The Financial District
Jun 182 min read


BCDA’s Revenues Triple To PHP22.1B In 2024 From PHP7.3B In 2023
The Bases Conversion and Development Authority (BCDA) reported an impressive financial performance in 2024, generating total gross revenues of PHP22.1 billion—three times higher than the PHP7.3 billion recorded in 2023.

By The Financial District
Jun 182 min read


JetZero To Build $4.7-Billion Aircraft Plant In North Carolina, Hire 14,500
JetZero Inc. has announced plans to build a $4.7-billion manufacturing plant in Greensboro, North Carolina, to produce its next-generation Z4 aircraft.

By The Financial District
Jun 181 min read


China’s Factories Slow, But Consumers Unexpectedly Perk Up
China’s industrial output growth slowed to a six-month low in May, while retail sales rebounded, offering temporary relief for the world’s second-largest economy.

By The Financial District
Jun 181 min read
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