Microsoft says European cloud data will stay in Europe
Company says remote access by Microsoft engineers to European data systems will be approved and monitored in real time by Europe-based staff
US-China trade truce leaves military-use rare earth issue unresolved
Beijing does not commit to grant export clearance for some specialized rare-earth magnets that U.S. military suppliers need for fighter jets and missile systems
Nvidia’s push for sovereign AI gains traction in Europe
Huang says Nvidia will invest heavily in the region but urges Europe to move quickly to build its AI capabilities
South Korea forms task force for U.S. trade talks
The task force includes officials from the trade, manufacturing, energy, and investment departments and will work with the private sector
Meta appoints India ads chief Arun Srinivas as country head
The announcement comes as Meta remains in a dispute with Indian authorities over alleged anti-competitive practices
US Export-Import Bank considers $120 million loan for Greenland rare earths project
The loan would boost U.S. access to minerals increasingly and help offset the country's reliance on market leader China
Trump administration weighs adding 36 countries to travel ban, memo says
New initiative will expand the ban that took effect earlier this month when the US president banned the entry of citizens from 12 countries
Gold hits near 2-month high as Middle East conflict boosts safe-haven demand
Silver eases 0.1% to $36.28 per ounce, platinum rises 0.4%, palladium gains 1.4%Â
Gulf markets slide as Israel-Iran conflict escalates, regional tensions rattle investors
Saudi, Qatari, and Kuwaiti indices plunge; Egypt sees steepest drop in over a year as oil surges and airline stocks tumble
Japan warns of bond market risks as BOJ reduces presence and debt ownership shifts
Government flags potential rate spikes, unveils new measures to attract stable domestic investors and ease pressure on super-long bond yields
Taiwan adds Huawei and SMIC to export control list amid national security concerns
Move places China’s top tech firms alongside entities from Russia, Iran, and Pakistan; Taiwanese exports now require special government approval
Vietnam, US trade talks advance but tough issues remain as tariff pause nears end
As July tariff deadline looms, Washington pushes Hanoi on Chinese supply links and market access for U.S. goods
Trump reports hundreds of millions of dollars from crypto, golf, licensing fees
Trump reports $57.35 million from token sales at World Liberty; Mar-a-Lago, other Florida golf clubs generated at least $217.7 million in income
Wall Street ends sharply lower as Iran retaliates against Israel attack
Airline stocks slide as Israel hits targets in Iran; US defence firms rise on Israel-Iran conflict
OPEC+ would struggle to cover major Iranian oil supply disruption
Saudi Arabia, UAE the only OPEC+ members that can raise output; Global spare capacity may be as low as 3 million bpd