Page 17 - Bloomberg/reuters

South Korea's world-beating stock market eyes long-awaited MSCI moment

The Kospi has become the world's best-performing major equity benchmark this year, surging more than 90% as investors piled into artificial-intelligence winners

India prepares to send oil tankers via Hormuz for new supply as war eases

State-owned Shipping Corp. of India is ready to go back to the Persian Gulf once it has approval from the Indian Navy and it has business from oil refiners

Trump denies allegations of defrauding US court to create $1.8 billion fund

US District Judge Kathleen Williams in Miami is considering reopening the case to investigate whether the president and the Justice Department defrauded the court

As SpaceX makes Elon Musk trillionaire, some dissent on NYC's streets

The protest also echoed another critique that resonated with denizens of the capitalist set: the case against fast-tracking SpaceX into equity indexes

OpenAI under investigation by coalition of US state attorneys general

OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide

Trump, Modi look to repair frayed ties in shadow of West Asia crisis

A likely Modi-Trump meeting at the G7 will test efforts to repair India-US ties strained by trade disputes, Pakistan tensions and the Iran conflict

Air India plans to downsize as Tata group balks at losses of $3 billion

Air India is considering delaying aircraft deliveries and scaling back expansion plans after Tata Group directed the airline to focus on reducing mounting losses

Banks seek out wealthy Indian diaspora in $50 billion deposit drive

Indian banks are targeting overseas nationals with high-yield dollar deposits to attract over $50 billion and bolster forex reserves amid rupee pressure

Don't know if Claude AI used in strike at Iran school: Anthropic CEO

Dario Amodei said the use case in this instance didn't violate the company's policies, arguing military decision makers make terrible mistakes even at the best of times

Fifa World Cup's lesson for finance: Don't trust predictions too much

A London-based strategist's model has correctly predicted the last three Fifa World Cup winners and now identifies the Netherlands as a surprise contender for the 2026 title despite low odds

Adobe CFO Dan Durn departs while company also searches for new CEO

The search for the next CEO is 'progressing well,' and the goal is to have the new leader in place for planning the new fiscal year, which begins in December, Shantanu Narayen said

How Asia's locked-out investors are trading SpaceX IPO with limited access

Investors across Asia are turning to space-related stocks, sector ETFs and Nasdaq 100 funds to gain indirect exposure to potential gains from the SpaceX IPO

Trump's Kharg Island threat, reversal show Iran war high-wire act

The island handles the vast majority of the country's oil exports and represents perhaps the most direct way to squeeze the Tehran regime economically and deprive it of a critical source of revenue

ECB hikes rates to 2.25% as Iran conflict stokes inflation concerns

European bonds held gains after the announcement, with the 10-year yield three basis points lower at 3.05 per cent . The euro was steady against the dollar at $1.1538

Europe is finally beginning to reinvent itself for a changing world

Europe is accelerating efforts to strengthen its economy through market integration, industrial support and tougher trade measures, while reducing reliance on US policy under Donald Trump

US firms remain cautious about investing in China despite improved profits

Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year

US refunds $22 bn in tariffs after court setback to Trump's trade policy

Administration began processing refunds in April after the Supreme Court ruled that President Trump didn't have the authority to impose tariffs using the International Emergency Economic Powers Act

Lee Raymond, former Exxon chief who led historic Mobil merger, dies at 87

Son of a South Dakota railroad engineer, Raymond became one of corporate America's most prominent leaders as chief executive officer of Exxon Corp. from 1993 to 2005

China lures foreign patients with cutting-edge, low-cost medical care

China is pushing to upgrade its economy and reshape its global image from just a manufacturing hub into a provider of high-value services, and demand for medical tourism is surging

India boosts LNG buying to meet fertiliser, power demand amid supply woes

The buying will help meet requirements from fertilizer producers, which use gas as a feedstock and are ramping up output ahead of the planting season