TECHNOLOGY
China joins US in brain implant race with clinical trial
Chinese researchers used brain-computer interfaces, or BCI, a wireless invasive implant in a patient with tetraplegia in March
BUSINESS
Nippon Steel’s investors begin to count the cost of US win
The Japanese company secured its much-wanted prize late last week when President Trump approved the $14.1 billion purchase of US Steel
BUSINESS
Adnoc makes $19 billion takeover bid for Australia’s Santos
Santos shares rose as much as 15% on Monday, their biggest intraday jump since April 2020, and were at A$7.805 at 11:53 a.m. in Sydney.
BUSINESS
Gold edges toward record high as Middle East war drives haven bids
The precious metal climbed as much as 0.6% in Asia to near $3,450 an ounce, about $50 short of an all-time peak set in April
WORLD
Oil extends gain as Israel-Iran conflict stokes supply concerns
Brent climbed as much as 5.5% before paring most gains to trade around $75 a barrel, while West Texas Intermediate was near $74
WORLD
Asia stocks climb, oil jumps on Israel-Iran conflict
The Nikkei 225 index was up around 0.8%, leading gains in the region. Brent crude rose as much as 5.5% in early trading
MARKETS
China’s biotech moment ignites a 60% stock rally that beats AI
The surge in China-listed biotech firms is further evidence that the mainland is becoming a center for global innovation
WORLD
How trade disruptions, Israel-Iran conflict will affect global central banks' decisions next week
From Washington to London, wary officials in countries that account for two fifths of the global economy may display a collective sense of paralysis
WORLD
Trump earned $57.7 million from crypto venture, disclosure shows
The financial disclosure, released Friday by the Office of Government Ethics, provided details on his sprawling empire
WORLD
How Iran-Israel conflict is likely to add more fuel to turmoil in oil markets
Israel’s strike on Saturday triggered a powerful explosion and fire at a natural gas processing facility linked to Iran’s giant South Pars field
WORLD
‘No kings’ rallies draw massive crowds of anti-Trump protesters
Major demonstrations took place in Philadelphia, the cradle of US independence, Chicago and across California, including San Francisco, San Diego and Los Angeles
WORLD
Iran’s nuclear sites hobbled but not destroyed: Experts
Natanz is a critical part of Iran’s atomic program, but results from strikes on other sites — at Isfahan and Fordow — will weigh heavily on Israel’s next moves
BUSINESS
Japan urges US to drop auto tariffs as trade talks progress ahead of G7 Summit
Japan’s top trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick for 70 minutes and Treasury Secretary Scott Bessent for 45 minutes on Friday.
BUSINESS
'Totally unacceptable': Airbus says India crash a wake-up call for aviation industry, not a competitive edge
“Safety is in everything that we do, so the tragedy in India, we don’t see that in any way, shape or form as a competitive input,” Christian Scherer, who oversees Airbus’s commercial aircraft operation, said at a press meeting in Paris.
WORLD
Stocks sink, oil jumps as Mideast tensions build
The S&P 500 lost over 1%, wiping out this week’s advance. Airline and travel companies tumbled, while energy producers and defense shares rose.
WORLD
Wall Street’s momentum machine faces a Middle East stress test
The airstrikes disrupted this trading pattern Friday, without shattering it. And in the end, another Wall Street phenomenon proved equally important in salvaging the week: momentum.
WORLD
India and Canada reach deal to share intelligence on terrorism, crime
The new information-sharing arrangement, which includes law enforcement agencies from both countries, will allow them to swap intelligence on transnational crime
BUSINESS
Deadly Air India crash puts ambitious turnaround plans at risk
The incident marks the first-ever complete loss of a 787 and, as investigations get underway, questions are growing over how the jet exploded into a fireball including around the plane’s thrust
BUSINESS
India open to easing EV rules as China’s rare earth curbs bite
Although the Society of Indian Automobile Manufacturers is yet to make a formal plea for paring the localization requirement, the industry body’s members have flagged the need in various consultations with the government.
BUSINESS
European gas prices jump as middle east risk returns to market
A key concern is that hostilities could disrupt shipments through the Strait of Hormuz, an important waterway for liquefied natural gas and oil.
BUSINESS
BYD manager calls EV price war it helped spark unsustainable
Beijing summoned industry leaders for talks earlier this month, telling EV makers not to sell cars below cost or offer unreasonable price cuts.
BUSINESS
A $115 billion fund manager bets on India's shortest maturity debt
The recent slowdown was a “mid-cycle correction”, and the central bank’s policy support has laid the groundwork for growth to return to its long-term trend, Manish Banthia, chief investment officer of fixed-income at ICICI Prudential AMC said.
BUSINESS
Oil outlook in flux as analysts revise views after Israel strike
Brent crude jumped more than 13% following the attacks, which targeted Iran’s nuclear program and military capabilities, in a major escalation in tensions between two major military powers that risks spiraling into a regional war.
BUSINESS
Jio BlackRock said to hire Rishi Kohli as CIO of mutual-fund unit
Kohli will start in the third quarter of this year, Bloomberg said citing sources
