Boeing records 116 June orders as Airbus books 203
In terms of deliveries, Boeing delivers 60 aircraft in June, while Airbus delivers 63 aircraft to 35 customers
Dollar firm, Asian stocks mixed as traders ponder tariff outlook
Trump threatens 50% duty on copper, says chip, drug levies coming
Oil slips as markets weigh OPEC+ supply hike and tariff uncertainty
Brent crude futures fall 10 cents to $69.48 a barrel, while U.S. West Texas Intermediate drops 21 cents to $67.72
Trump Media files to launch Truth Social blue chip crypto ETF
The ETF will hold five digital assets, allocating 70% to Bitcoin, 15% to Ether, 8% to Solana, 5% to Cronos, and 2% to Ripple
China’s Baidu and Car Inc launch first self-driving car rental service
The service allows users aged 18 and above to reserve self-driving cars for trips ranging from four hours to seven days
U.S. Securities and Exchange Commission issues new guidance for crypto-based ETFs
The guidance comes as the agency moves to ease regulatory processes for the growing number of crypto ETFs awaiting approval
450 U.S. companies urge Congress to save space traffic office
The letter follows the White House’s decision to cut the office’s funding from $64 million to $10 million
IBM launches new Power11 chips to support AI in data centers
Power11 systems offer reliability and security, with no planned update downtime and 30 seconds of unplanned downtime per year
South African President says Trump’s 30% tariffs is based on wrong trade data
Ramaphosa says South Africa’s average tariff on imported goods is 7.6%, and that 77% of U.S. products enter the country without any tariffs
U.S. containerized imports from China fall 28.3% in June
Overall U.S. container imports in June total 2.2 million twenty-foot equivalent units, down 3.5% from June 2024
India aims to import about 10% of its cooking gas from US from 2026
India relies heavily on Middle Eastern producers of LPG, with more than 90% of its roughly 20.5 million metric tons of imports in 2024 coming from the region
Samsung to acquire U.S. healthcare platform Xealth to expand mobile health services
Samsung plans to combine Xealth’s services with its wearable technology to strengthen its position in the healthcare sector
Australia’s central bank leaves interest rate unchanged at 3.85%
RBA says majority of board members preferred to wait for more data to confirm that inflation is slowing before making any changes to policy
Japan rejects U.S. trade deal without auto tariff cuts
There’s no point striking a deal with the U.S. without an agreement on automobile tariffs, says Japan’s chief trade negotiator
Trump delays tariff start date to august 1 with executive order
The extension comes as the 90-day pause on some import duties was set to expire this week