China's economy shows sluggish consumption and weak investment in May, with new bank loans falling year-on-year. Despite regulatory efforts, demand remains weak, though the tech sector is a bright spot amid innovation drives.
Spanish officials are downplaying concerns that investors could seize Royal Spanish Football Federation assets during World Cup matches in the US. Blasket Renewable Investments LLC issued subpoenas to entities involved in Spain's participation, seeking documents related to a 2013 dispute over renewable energy subsidies.
Uzbekistan will showcase investment projects worth approximately €75 billion at the Tashkent International Investment Forum 2026, seeking international financing for energy, transport, digital infrastructure, and industrial development. Over 3,400 foreign delegates from 102 countries are expected to attend.
India's Finance Minister Nirmala Sitharaman announced new measures to attract foreign capital, including expanded access to government securities and tax exemptions. These steps aim to bolster forex reserves and support the rupee amidst geopolitical crises and rising import costs for oil and fertilizers.
Liberal MP Andrew Hastie urges Australia to significantly boost AI investment to maintain strategic independence, warning against becoming a 'supplicant state' to the US amid potential conflict with China. He advocates for an AI ambassador and education reform.
Andrew Hastie warns Australia must boost AI investment to maintain strategic independence, fearing it could become a 'supplicant state' to the US amid potential conflict with China. He advocates for Australia to become a southern hemisphere tech hub and overhaul education for AI development.
Investment scams involving gold, crypto, and wine have surged, with over £220m lost in the past year. UK banks reported nearly 15,000 such scams in 2025, fueled by AI's ability to create sophisticated, large-scale deceptions. Overall fraud losses reached £1.28bn.
Donald Trump announced a deal to end the war on Iran, with a signing expected Friday. He will discuss the deal at the G7 Summit in France. Global oil prices dropped on the news, but details remain scarce.
Gina Rinehart's Hancock Prospecting has made a significant investment in Elon Musk's SpaceX, reportedly at least $1.4bn, as the company began trading on sharemarkets. Rinehart expressed confidence in Musk and excitement about SpaceX's AI prospects, with potential for collaboration on AI infrastructure and critical mineral supply.
Australian pharmaceutical group Sigma Healthcare has dropped its $10bn pursuit of UK retail chain Boots, stating the deal would not meet its strategic and capital investment objectives. The withdrawal extends uncertainty for the 177-year-old chain, which was put up for sale in 2022. Sigma shares rose 6% on the news.
Passive funds in India have surged from 6% to 25% of the mutual fund industry in a decade, a rapid shift attributed to maturing markets, investor scrutiny of active management fees, and the underperformance of large-cap funds against benchmarks. Sid Swaminathan of JioBlackRock highlights this as a unique inflection point driven by a booming digital ecosystem and evolving investor behavior.
Passive funds in India have surged from 6% to 25% of the mutual fund industry in a decade, driven by maturing markets, investor scrutiny of active fees, and a majority of large-cap funds underperforming benchmarks. This rapid shift is occurring faster than in mature markets, fueled by a booming digital ecosystem and diverse investor segments.
Prime Minister Kim Min-seok pledged significant financial aid on Monday to boost corporate investment in non-metropolitan areas, aiming to foster economic growth engines for balanced national development.
President Trump celebrated his 80th birthday by hosting UFC "Freedom 250" on the White House South Lawn. The event featured thousands of attendees, patriotic displays, and multiple fights, coinciding with the 250th anniversary of the Declaration of Independence and a US-Iran agreement on the Strait of Hormuz.
President Trump celebrated his 80th birthday by hosting UFC "Freedom 250" on the White House South Lawn. The event featured military personnel, dignitaries, and thousands of fans, coinciding with the 250th anniversary of the Declaration of Independence and a US-Iran agreement on the Strait of Hormuz. The temporary arena, costing over $60 million, hosted multiple fights, patriotic displays, and performances.
South Korea is pushing to independently develop a manned submersible by 2030, investing 32.5 billion won. A seminar was held to discuss securing independent technology and establishing legal/institutional frameworks to support deep-sea exploration, highlighting the need for technological self-reliance and international competitiveness.
Bihar's inland fisheries ecosystem will be strengthened with the launch of new initiatives, including an integrated aqua park in Bhojpur and a national fisheries development board regional center in Patna. These projects, involving over Rs 31 crore, aim to boost seed availability, promote technology, and increase farmer incomes.
New UK Defence Secretary Dan Jarvis will review a controversial defence investment plan (Dip) and may seek more funds from the Treasury. This follows the resignation of the former Defence Secretary John Healey over funding disagreements, casting a shadow over the upcoming G7 summit.
UK and Japan have agreed a multi-billion pound investment deal, with Japanese firms pledging over £9bn for UK infrastructure and financial services, and up to £9bn for offshore wind projects, creating tens of thousands of jobs. Prime Minister Sir Keir Starmer hailed it as a "new era of co-operation".
India's public discourse has shifted from viewing China as a villain to a more neutral stance, influenced by Moscow's push for a Russia-India-China strategic triangle. This development is significant as it aims to ease tensions between India and China.
Broughton Sanctuary estate in North Yorkshire is undergoing a major rewilding transformation with funding from Rebalance Earth. The project aims to restore natural habitats, increase biodiversity, and generate economic returns through nature credits.
Finance Minister Nirmala Sitharaman defended the Modi government's economic record against Rahul Gandhi's criticism, highlighting India's growth amid global challenges and accusing Gandhi of undermining national achievements. She cited poverty reduction, infrastructure development, and digital progress as key successes.
UK cabinet ministers are searching for additional funds to increase defence spending following the resignation of former defence secretary John Healey. Culture secretary Lisa Nandy confirmed departments are in talks with the Treasury to find more money for defence, as the new defence secretary, Dan Jarvis, works on an alternative plan before the Nato summit.
The UK and Japan are set to sign over 10 commercial and government agreements worth £18bn, including a £9bn offshore wind deal and collaboration on next-generation technologies. Prime Minister Keir Starmer will host Japanese counterpart Sanae Takaichi ahead of the G7 summit, aiming to create tens of thousands of jobs and boost economic growth.
