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Hegseth Shifts US Strategy in Asia: Allies Must Spend More, May 30
Hegseth urges Asia-Pacific allies to increase defense spending to 3.5% of GDP and reduce reliance on US military support amid strategic priorities.
Nifty 50 Falls 1.5% on Monsoon Concerns and MSCI Rebalancing, May 30
Nifty 50 falls 1.5% to 23,547 on May 29 amid monsoon concerns, MSCI rebalancing, and profit-taking after April’s 7.5% surge. Sensex down 1.44%.
China Issues First Sovereign Green Bond in Hong Kong, May 30
China issues first sovereign green bond in Hong Kong, strengthening the city’s position in green finance and global RMB markets.
MSCI World Hits Record 4,168.50 Points on May 29, Overbought Signals Emerge
MSCI World index hit record 4,168.50 points on May 29 after major review. Tech dominates at 27.61% with overbought RSI signals.
TOTO Stock Surges 4% on AI Chip Demand, May 30
TOTO stock rises 4% as investors recognize its ceramic parts role in semiconductor manufacturing and AI infrastructure.
Shenzhou 21 Crew Returns After 210-Day Space Station Record, May 30
Shenzhou 21 astronauts safely return after 210-day record mission with 41kg of space station research samples from 23 projects.
Singtel Secures S$1.5 Billion Credit Facility From 11 Banks, May 30
Singtel secures S$1.5 billion three-year revolving credit facility from 11 banks to fund capex and AI projects.
US Revokes Xinhua Visa After China Expels Times Reporter, May 30
China expels NYT reporter Vivian Wang over coverage. US revokes Xinhua journalist visa in retaliation amid press freedom tensions.
China’s Shenzhou 21 Sets Record With 210-Day Mission, May 30
China’s Shenzhou 21 astronauts complete record 210-day mission, landing safely at Dongfeng site after space debris forced emergency spacecraft swap.