World News
Iranian drone and missile attack hits Kuwait airport, flights diverted
The attack hit the T1 building at the international airport and flights were diverted to alternative airports
 "Iranian drone and missile attack hits Kuwait airport, flights diverted")
Japanese toilet maker Toto ramps up its ceramics for AI chipmakers
Shares of Toto jumped as much as 11% in Tokyo on Wednesday, the biggest intraday jump in over a month
 "Japanese toilet maker Toto ramps up its ceramics for AI chipmakers")
US attacks Iran, Tehran targets Kuwait, Bahrain amid faltering peace talks
US Central Command said the strikes were on an Iranian military ground control station on Qeshm Island, near the Strait of Hormuz, that is home to a desalination plant
 "US attacks Iran, Tehran targets Kuwait, Bahrain amid faltering peace talks")
TikTok founder surpasses Mukesh Ambani to become Asia's 2nd richest person
Zhang's net worth climbed to $92.8 billion, cementing his position as China's richest person
 "TikTok founder surpasses Mukesh Ambani to become Asia's 2nd richest person")
Warsh pledges to follow best of Fed's traditions while looking for change
The memo is an early window on Warsh's efforts to pursue what he has described as an extensive reform agenda for a central bank he regards as having strayed from its mission
 "Warsh pledges to follow best of Fed's traditions while looking for change")
SpaceX targets $75 billion IPO at $135 a share, valuing firm at $1.75 trn
The rocket and satellite communications company hoped to raise at least $75 billion, at a valuation of $1.75 trillion
 "SpaceX targets $75 billion IPO at $135 a share, valuing firm at $1.75 trn")
Why rising night-time temperatures pose a growing risk to cities
Relentless night-time heat puts billions at risk in growing megacities
 "Why rising night-time temperatures pose a growing risk to cities")
Asia faces rate-hike pressure as energy shock, AI boom fuel inflation
Asia is particularly vulnerable because it sits at the center of global manufacturing and technology supply chains while remaining heavily reliant on imported energy
 "Asia faces rate-hike pressure as energy shock, AI boom fuel inflation")
Trump's Netanyahu problem is latest key hurdle to Iran peace deal
The latest diplomatic rupture followed days of Israeli military escalation against Hezbollah in Lebanon, prompting a phone call between Trump and Israeli Prime Minister Benjamin Netanyahu
 "Trump's Netanyahu problem is latest key hurdle to Iran peace deal")
Rubio optimistic on eventual Iran talks despite congressional skepticism
Rubio defended the Trump administration's approach to Iran and other global hotspots in back-to-back hearings before the Senate Foreign Relations Committee and a House Appropriations subcommittee
 "Rubio optimistic on eventual Iran talks despite congressional skepticism")
Trump signs order seeking oversight of AI models for security risks
The order establishes a framework for the federal government to vet the national security risks of the most advanced AI systems for up to a month before their public release
 "Trump signs order seeking oversight of AI models for security risks")
Trump admin proposes 25% tariffs on Brazil despite US trade surplus
The announcement late Monday came after an investigation by the Office of the USTR, charging Brazil with lax anti-corruption enforcement and unfair tariffs of its own, among other things
 "Trump admin proposes 25% tariffs on Brazil despite US trade surplus")
Iran's active nuclear operations have halted amid conflict: IAEA chief
IAEA chief Rafael Grossi revealed during a visit to the United Arab Emirates that several previously active nuclear initiatives in Iran have now ceased
 "Iran's active nuclear operations have halted amid conflict: IAEA chief")
'Time to make a deal': Trump rejects reports of breakdown in US-Iran talks
Trump refuted claims that communications between the two nations had broken down, asserting that discussions have been actively maintained over the last several days
 "'Time to make a deal': Trump rejects reports of breakdown in US-Iran talks")
Bahrain issues alert, Kuwait downs missiles as West Asia tensions intensify
As Bahrain activated its emergency protocols, neighbouring Kuwait was already actively engaging incoming aerial threats
 "Bahrain issues alert, Kuwait downs missiles as West Asia tensions intensify")
Trump orders US agencies to partner with AI firms on cyber defence
Tuesday's order emphasises voluntary participation by developers despite earlier deliberations about mandating government approval of new AI systems
Iran halts talks with mediators after Israel threat to bomb Beirut: Report
Israel and the US maintain the fighting in Lebanon is separate from the Iran war talks
 "Iran halts talks with mediators after Israel threat to bomb Beirut: Report")
Iran's inflation at 77.2% in May, highest level since World War II
A report Monday by Iran's Central Bank represents the first official acknowledgment of what Iranians shopping, paying for a taxi or visiting a medical clinic already know
 "Iran's inflation at 77.2% in May, highest level since World War II")
Russia pounds Ukraine with 600+ drones, missiles; 22 killed, 100 injured
Russia launched hundreds of drones and dozens of missiles against Kyiv and other Ukrainian cities overnight, killing at least 16 civilians and wounding more than 100 others, authorities said Tuesday.
 "Russia pounds Ukraine with 600+ drones, missiles; 22 killed, 100 injured")
Trump taps Bill Pulte as acting intelligence chief after Gabbard resigned
Trump made the surprise announcement Tuesday on Truth Social regarding Pulte, the director of the Federal Housing Finance Agency and chair of mortgage giants Fannie Mae and Freddie Mac
 "Trump taps Bill Pulte as acting intelligence chief after Gabbard resigned")