Trump Media to raise $3 billion to spend on cryptocurrencies
The company aims to secure $2 billion in new equity funding and $1 billion through a convertible bond.
Euro hits one-month high after Trump delays EU tariffs
Euro reaches $1.1418, its highest since April 29, before easing to $1.1375, while Sterling climbs to $1.356, its strongest since Feb 2022
Putin says services like Microsoft, Zoom should be ‘throttled’ in Russia
Putin says it was important for Russia to develop domestic software solutions
France and Vietnam sign $10 billion in deals during Macron’s visit
Macron highlights stronger France-Vietnam ties, including defence and space cooperation
Lagarde says euro could become the dollar’s alternative
Euro must earn global influence, with the dollar still holding 58% of reserves versus the euro's 20%, says European Central Bank President
Russia’s Economic Minister expects central bank to factor inflation slowdown into decisions
Central bank keeps key rate at 21% since October amid inflation concerns
Alibaba’s Taobao Instant Commerce hits 40 million daily orders in first month
The service integrates merchants from Alibaba’s food delivery unit, Ele.me, into its main domestic shopping app, Taobao
Chinese EV price war deepens as BYD cuts Seagull price to under $8,000
CEO of Great Wall Motor issues a stark warning about the financial health of China’s auto industry
Global central bankers meet in tokyo to address inflation and growth challenges
The gathering comes as many central banks are split between raising and cutting interest rates
Tanks over T-shirts: Trump outlines new manufacturing vision
Trump reiterates commitment to tariffs, prioritizes tech and defence over textiles
Bangladesh cancels $21 million defence deal with India amid rising tensions
Dhaka cancels deal with India's state-run Garden Reach Shipbuilders and Engineers Ltd for the construction of an ocean-going tugboat for its Navy
Oil climbs after Trump extends EU trade talks deadline to July
Brent crude futures slip 17 cents to $64.61 a barrel, while U.S. West Texas Intermediate crude falls 18 cents to $61.35 a barrel
Asian stocks, euro gain after Trump delays EU tariffs
Euro rises, dollar recovers as Trump gives more time for EU deal until July 9; US, UK markets closed for public holidays on Monday
Trump says he will delay tariffs on European Union until July 9
US president threatens to escalate trade war, demanding new import taxes starting June 1 due to slow trade talks
Elon Musk refocuses on business empire after global X outage
According to outage-tracking website Downdetector.com, over 25,800 incident reports were filed at the peak of the disruption