As drone attacks become increasingly common across the Sahel, Nigerian startup Terra Industries is expanding into Ghana and scaling production of drone and counter-drone systems. Backed by $34 million from investors including Palantir co-founder Joe Lonsdale and Lux Capital, the company aims to produce tens of thousands of systems over the coming years as governments across the region bolster their defenses. (Source: Bloomberg)
As of 5 p.m. Friday, the greenback stood at ¥160.28 to 160.38, up ¥0.31 from the previous day.
[NEW YORK] For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing...
Australian lawyer Samuel Monkivitch has received a fine and suspended 18-month jail term after pleading guilty to charges relating to a dine-and-dash spree across the territory. Monkivitch appeared on Friday at the Eastern Magistrates’ Courts after dining at five-star hotels in Hong Kong without paying. He was previously fined HK$3,000 over similar charges. In the […]
Kuwait and Bahrain are attacked as American forces intercept drones launched over Strait of Hormuz
Actress Cassandra See said they wanted to “stand up for the truth” after seeing what they felt were misleading portrayals of the former actor on social media following his dispute with a fellow hawker.
Dawa Sherpa, 57, was found on Thursday (Jun 4) crawling in the snowy slopes around the Khumbu Icefall, just above Everest base camp, a week after he went missing.
Wemby misses at the end, Knicks beat Spurs 105-104 for 2-0 lead in NBA Finals AP News
American forces headed off Iranian missile and drone attacks in the Persian Gulf as the war that began nearly 100 days ago continued to simmer with no resolution in the offing.
Though Hong Kong has overtaken Switzerland as the number one in cross-border wealth management, rather than enter panic mode, Swiss banks seem unruffled — feeling it bolsters the case against looming tighter banking regulations. Hong Kong is now the world’s largest cross-border booking centre thanks to inflows from mainland China, strong initial public offering activity, […]
Chinese officials say regulations aim to support high-quality expansion of Chinese capital overseas
Indonesia’s finance and central bank officials said they will step up efforts to stabilize the currency and attract inflows after a week where the nation’s stocks tumbled at the fastest pace worldwide and its currency sank to all-time lows.
At the invitation of the Alliance for Research on Corporate Sustainability (ARCS), Secretary-General of ASEAN, Dr. Kao Kim Hourn, will participate in the 18th Annual Research Conference by the Alliance for Research on Corporate Sustainability (ARCS) to be held on 8 June 2026, at the Nanyang Busines The post Secretary-General of ASEAN to participate in the 18th Annual Research Conference by the Alliance for Research on Corporate Sustainability (ARCS) in Singapore appeared first on ASEAN Main Portal .
Nikkei Asia - Business, Politics, Economy and Tech News & Analysis Nikkei Asia
Thailand’s Revenue Department said it may pursue bankruptcy proceedings against former Prime Minister Thaksin Shinawatra if it is unable to fully recover 17.6 billion baht ($538 million) in outstanding tax liabilities.
US military says it shot down Iranian missiles, drones launched toward Gulf allies, Strait of Hormuz AP News
Hongkongers sweated through the hottest day of the year on Friday, with the Observatory (HKO) recording a maximum temperature of 34.6 degrees Celsius at its headquarters. The mercury neared 37 degrees Celsius in the northern part of the territory. Meanwhile, the Observatory noted 1,263 instances of cloud-to-ground lightning on Friday, and 4,859 cases of cloud-to-cloud […]
The findings belie the premise that companies will automatically boost productivity through AI.
Building a navy capable of delivering a "deadly blow" to enemies is a core goal of North Korea's current five-year defence plan, says North Korean leader Kim Jong Un.
Cuba to open hotel sector to management by Cubans at home and abroad after chains leave island AP News
The agreement to begin working-level discussions is the latest in a push by Tokyo to transfer defense equipment to like-minded partners.
This is the second such agreement SpaceX made with an AI competitor in recent weeks.
China can build humanoids at scale. The hard part is finding enough buyers AP News
Experts, business groups and some human rights groups say the move could actually make things worse.
Trump keeps the door open to a call with Taiwan's president even though China has warned against it AP News
A leaked phone call this week laid bare the strains that have at times emerged between the two leaders.
U.S. forces struck Iranian coastal radar sites on Saturday after shooting down drones launched by Iran toward the Strait of Hormuz.
The US-Israel war with Iran has added fresh pressure on the yen
Everything you need to know about the pop megastar's original song for the movie – I Knew It, I Knew You
Vet fees can get costly, but some owners choose to stay uninsured while independently managing their pets' healthcare expenses
The insect, which has been found in America for the first time since 1966, is a growing concern in the southern US.
He was famous for his role as librarian Rupert Giles in the hit supernatural series from 1997 to 2003, and last acted in the movie Ted Lasso.
Democrat Xavier Becerra advances to general election in race for California governor AP News
Iranian oil exports have fallen to their lowest level in six years mainly due to the US naval blockade
Texas governor wants to speed up work on a fly-breeding factory to fight a cattle parasite AP News
What to know about the New World screwworm fly and its reappearance in the US AP News
Son of James Handy's girlfriend charged with actor's murder Reuters
Matsui advances to November ballot in reelection bid for California congressional seat AP News
Judge halts Trump administration efforts to impose conditions on SNAP AP News
A second case of the deadly New World screwworm parasite has been confirmed in a Texas calf, heightening fears of a broader outbreak that could impact the US beef business.
US prosecutors dropped a $300 million fraud indictment against a former executive at Prophecy Asset Management accused of working with Brian Kahn, the disgraced founder of Franchise Group Inc., to cheat investors in their hedge fund.
Many of us eat more protein than we need. We asked experts what can happen if people have too much of a good thing.
Artist Siyuan Aw's debut picture book Our Wings As One began with a solitary journey to Mongolia, and an extraordinary meeting with a boy and his eagle – who taught him the strength to let go, and the courage to begin again.
Technology stocks are among the top sectoral decliners with a 2.9% drop
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Heather Boushey, Former White House Council of Economic Advisers Member, says the 172,000 jobs added in the month of May is good sign for the US economy, but warns that 'we're not out of the woods yet,' Neil Bradley, US Chamber of Commerce Executive VP, discusses the latest US jobs report and says while consumers are worried, 'they haven't pulled back on spending,' and Carl Skau, Acting Executive Director of the UN World Food Programme, says the world has seen a 'three-fold' increase in world hunger over the last five years and discusses the humanitarian crises in the Middle East. (Source: Bloomberg)
Rising interest rates and the Iran war weigh on sentiment heading into the weekend
Democrat Xavier Becerra projected to advance to November ballot for California governor Reuters
Carl Skau, Acting Executive Director of the UN World Food Programme, says the world has seen a 'three-fold' increase in world hunger over the last five years and discusses the humanitarian crises in the Middle East as well as countries like Sudan and Sri Lanka. He speaks with Joe Mathieu and Kailey Leinz on Bloomberg's Balance of Power. (Source: Bloomberg)
Raizen SA reached an out-of-court restructuring agreement with the majority of its creditors, marking a key step in the Brazilian sugar-and-ethanol producer’s efforts to rework its debt, according to people familiar with the matter.
What started out as a social media joke among Gen Z is turning into an irritant for the political establishment in India, as the “Cockroach Janta Party” draws support from young people frustrated by a lack of jobs and a string of controversies in the education system.
Argentina expands hantavirus probe, sending teams to trap and test rats in Mendoza AP News
Neil Bradley, US Chamber of Commerce Executive VP, discusses the latest US jobs report and says while consumers are worried, 'they haven't pulled back on spending yet.' He also spoke out against the government having stake in AI companies, saying it would 'break down the wall' between government and the private sector. Neil speaks with Joe Mathieu and Kailey Leinz on Bloomberg's Balance of Power. (Source: Bloomberg)
Broncos linebacker Jonathon Cooper arrested on domestic violence charges AP News
With no end in sight to the rise in bear encounters, manufacturers are bringing new kinds of deterrents to the market.
Open from March, the brand's first outpost in Japan stays true to its sustainable roots.
The industry is capitalising on feelings of insecurity, but regulators may be stepping in
The Jaecoo 8 is a three-row SUV that promises much. But beyond outstanding efficiency, does it deliver?
They help undergraduates build real-world experience, problem-solving and adaptability skills
Malaysian Prime Minister Anwar Ibrahim’s grip on power is set to be tested as he prepares to face off against his erstwhile allies, with his party’s urban base in play in two upcoming state elections.
SEC’s Sankey says superleague idea ‘not consistent with the truth’ AP News
Diane Swonk, KPMG Chief Economist, analyzed the current economic landscape, highlighting how improvements in the labor market and persistent service sector inflation are driving hawkish sentiment among Federal Reserve officials. She noted that bond market pricing reflects expectations of a 25 basis point rate hike in 2026, signaling a shift in monetary policy outlook. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
Heather Boushey, Former White House Council of Economic Advisers Member, says the 172,000 jobs added in the month of May is good sign for the US economy, but warns that 'we're not out of the woods yet.' She also discusses the effect of stagnant wages and rising prices on the US consumer and says 'families are really challenged.' Heather speaks with Joe Mathieu and Kailey Leinz on Bloomberg's Balance of Power. (Source: Bloomberg)
The US Army has warned against lawmakers’ efforts to increase oversight for Defense Department data centers, saying the proposals risk jeopardizing efforts to build the facilities on military bases just as demand for computing power soars.
Sinda Ltd. filed for a US initial public offering, seeking to fund mining for silver in a historically productive part of Mexico.
FBI analysts tied to disputed 'Catholic ideology' memo told they're being fired, AP sources say AP News
FIFA is offering assurances to New York Mayor Zohran Mamdani that fans may bring water into World Cup stadiums — within certain rules.
Remaining three ’60 Minutes’ stars say they’re staying at CBS show, don’t want to see it die AP News
New York passes bill banning prices based on personal data Reuters
Trump, campaigning for Republicans in Wisconsin, vows quick end to Iran war Reuters
Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains—such as the 70,000 hospitality jobs—may be influenced by seasonal factors like World Cup-related hiring. He speaks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Trump's UFC fight at White House combines punches and politics Reuters
Trump’s deportation agenda is about to get a $70B infusion from Congress AP News
Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates AP News
Boeing studying boost of 737 MAX plane production to highest-ever rate Reuters
Written and directed by Dave Boyle, the film begins as a paranormal investigation and transforms into another type of horror story altogether.
With Malaysia’s first Kimpton now open in Kuala Lumpur’s Tun Razak Exchange, the city’s newest business and lifestyle district is making a case as a sleek stay-and-play base for shopping, dining and exploring creative neighbourhoods nearby.
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test Reuters
Yuki Katayama shines as the titular character in "Fujiko," a film about a woman's quest for autonomy in the 1970s and '80s.
The longer we go without oil from the Persian Gulf, the less we’ll need it, says Christopher Smart for the New York Times.
Trump says he wants his new acting director of national intelligence to cut the office AP News
Donald Trump said that farmers would see “good things” happen in the coming months, as the president sought to bolster his relationship an agriculture industry who have been battered by his tariffs as well as high fuel and fertilizer costs triggered by his war with Iran.
General counsel resigned after revelations about relationship with disgraced financier but now will stay on as adviser
Today, Mike Mckee and Ira Jersey break down a strong May jobs report, as the US ads 172,000 jobs in the last month. Then, Goldman Sachs partner John Flood joins Natalia Kniazhevich to discuss the market outlook as tech stocks lead a major selloff. Plus, Dan Arnold, SVP of national operations at Protos Security, and Bloomberg's Vanessa Perdomo-Maglione talk security challenges of the upcoming World Cup and how US cities are preparing to deal with millions of fans flooding into town. (Source: Bloomberg)
For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything.
Marvell Technology Inc. and Flex Ltd. will join the S&P 500 in the latest quarterly rebalance, S&P Dow Jones Indices said Friday.
The British actor, who also appeared in Merlin and Little Britain, died of complications from pneumonia.
The Nasdaq saw its biggest daily fall since early 2025.
Friday’s pullback in US equities offers a chance to add exposure rather than a reason to retreat, with a clear path for the S&P 500 to reach 8,000 this year, according to John Flood, the head of Americas equities execution services at Goldman Sachs Group Inc.
Russian attempt to repair tunnel area sparks safe-haven procedure for five other astronauts onboard.
US national security agencies must make a priority of working with more than one artificial intelligence provider, according to a memo from President Donald Trump that follows an extended feud between the Pentagon and Anthropic PBC, which until recently was the only vendor approved for classified military use.
Agreement comes ahead of a record-breaking initial public offering for Elon Musk’s rockets-to-AI conglomerate
Protests in Mexico City capitalize on World Cup celebrations to pressure government AP News
Senate Democrats block surveillance authority over Pulte appointment Reuters
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the Trump Administration. On today's show, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, former Chief of Staff to Vice President Mike Pence Marc Short, Arbroath Group Managing Partner Christopher Smart and Navigator Research Managing Director Melissa Toufanian. (Source: Bloomberg)
Energy Department says advanced nuclear reactor first to reach critical milestone AP News
Defense Department slashes its religious designations list from more than 200 choices to 31 AP News
Can’t afford sky-high tickets to see the Knicks in person? Trump says ‘watch it on television’ AP News
Barry sits down with Chris Davis, Chairman and Portfolio Manager at Davis Funds. They discuss his approach to managing risk and the key elements changing the economy. Chris and Barry also discuss Chris's mentors including Charlie Munger, and how he settled into the family business. (Source: Bloomberg)
Can the accumulation of wealth be ethical and what can we learn from Adam Smith's enquiry?
There are some creative safeguards that you can put in place to ensure they do not win.
Putin says he currently sees no reason to meet Ukraine's Zelenskiy Reuters
Rising expectations of a Federal Reserve rate increase send US bond yields rising sharply
Bears say they are moving forward with Northwest Indiana location for new stadium AP News
Wall St Week Ahead Blockbuster SpaceX IPO set to test high-flying US stocks rally Reuters
The legislative pipeline is full, with measures upcoming on digital currencies, spy powers and housing
Exclusive: US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say Reuters
Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.
British PM criticizes Vance over comments about UK teen’s stabbing death AP News
The Dow Jones Industrial Average fell 684.53 points, or 1.33 per cent, to 50,877.40.