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  • ‘Spider-Man’ joins list of 2026 billion-dollar movies

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China

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Defense spending, China, Ukraine: Shangri-La Dialogue 2026 takeaways

Sagar2 months ago05 mins

SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…

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U.S. support for Taiwan reaffirmed by members of Congress

Sagar2 months ago02 mins

A ship fires a weapon during drills east of Taiwan, in this screenshot from a video released by the Eastern Theatre Command of China’s People’s Liberation Army (PLA) on Dec. 29, 2025. Eastern Theatre Command | Via Reuters The U.S. Congress continues to have strong support for Taiwan even as it remains a focal point…

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  • Business

Mercedes-Benz may be shut out of U.S. market under congressional bill

Sagar2 months ago06 mins

Mercedes-Benz vehicles sit parked, on the day U.S. President Donald Trump is set to announce new tariffs, at a dealership in Copiague, New York, U.S., April 2, 2025.  Shannon Stapleton | Reuters Mercedes-Benz could find itself shut out of the U.S. auto market — banned from making or selling new vehicles in the country —…

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Hegseth praises Asian allies for ‘burden-sharing,’ calls out China

Sagar2 months ago03 mins

U.S. Secretary of Defense Pete Hegseth takes questions during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia. Chip Somodevilla | Getty Images The U.S. aims to sustain equilibrium in the Asia-Pacific region and is working toward a situation where its allies are more capable, Secretary of War Pete Hegseth said,…

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Brent oil price in May posts biggest monthly loss since 2020

Sagar2 months ago02 mins

Bent oil posted its biggest monthly loss in six years as traders hoped that the U.S. and Iran are nearing a deal that will reopen the Strait of Hormuz. The international oil benchmark fell more than 19% in May, its worst month since March 2020 when the Covid-19 pandemic closed economies. U.S. West Texas Intermediate…

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Innovent shares rise 10% after pact with Pfizer of up to $10.5 billion

Sagar2 months ago02 mins

Two employees in pharmaceutical industry wearing protective gloves, mask, cap and white suit seen standing by the machine that is the part of the medicaments production during the working hours in a pharmaceutical manufacturing. Extreme-photographer | E+ | Getty Images Shares of Innovent Biologics rose 10% after the company entered into a deal with pharmaceutical giant…

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Nio shares jump 10% after releasing first flagship EV in more than two years

Sagar2 months ago04 mins

Chinese electric car company Nio announced May 27, 2026, that former NBA player Yao Ming (R) would be a representative for the brand as it launches the ES9 SUV, a car that CEO William Li Bin (L) touted as the largest SUV in China. Lintao Zhang | Getty Images News | Getty Images BEIJING —…

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Trump opposes Russia or China taking Iran’s highly enriched uranium

Sagar2 months ago03 mins

U.S. President Donald Trump speaks during a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., May 27, 2026. Evan Vucci | Reuters President Donald Trump on Wednesday poured cold water on the prospect of Iran transferring its store of highly enriched uranium to Russia or China as part of…

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Taiwan chip stocks climb after Nvidia announces $150 billion spending

Sagar2 months ago03 mins

Nvidia CEO Jensen Huang announced plans for a new campus in Taiwan during an employee meeting on May 27, 2026. Nvidia Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth. Taiwan’s Taiex stock index…

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SK Hynix, Micron join $1 trillion club: CNBC Daily Open

Sagar2 months ago03 mins

SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. The…

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  • ‘Spider-Man’ joins list of 2026 billion-dollar movies
  • E.l.f. Beauty (ELF) Q1 2027 earnings
  • Online marketplace cutting 12% of staff
  • Disney parks buck travel slowdown
  • Next AI boom bet in market after memory chip trade may be photonics

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