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India’s Stock Market Falls 1.5% on Monsoon Fears and Iran Tensions, May 30
NSE Nifty fell 1.5% to 23,547.75 and BSE Sensex dropped 1.44% to 74,775.74 on May 29 amid monsoon concerns, FII selling, and MSCI rebalancing.
Anthropic Hits $965B Valuation, Surpasses OpenAI in May 29 Funding
Anthropic raises $65B Series H at $965B valuation with $47B run-rate revenue, led by top-tier investors including Altimeter Capital and Sequoia.
Hong Kong Deposits Rise 1.5% in April as Fixed Rates Climb, May 30
Hong Kong deposits grew 1.5% in April 2026. HKD deposits up 1.3%, foreign currency up 1.6%, renminbi surged 4.1%. Fixed deposit rates now competitive.
Prince Harry and Meghan Face Growing Royal Rift, May 30
Prince Harry and Meghan face tensions with the Royal Family amid anniversary snub and stalled reconciliation efforts.
Nasdaq Composite Hits Record as Tech Rally Extends Into May 29
Nasdaq Composite hits record high as tech stocks surge amid US-Iran ceasefire optimism and falling oil prices. S&P 500 also reaches new peak.
US Defense Chief Hegseth Reaffirms Singapore Ties at Shangri-La, May 30
Defense Secretary Hegseth meets Singapore leaders at Shangri-La Dialogue, reaffirming 60-year defense partnership and Indo-Pacific security strategy.
Detroit Mayor Sheffield Pushes Poverty Reduction as Growth Strategy, May 29
Detroit Mayor Sheffield positions poverty elimination as economic growth strategy amid lower median incomes than Michigan average.
ASTS Drops 15% After Rally Peak, Stock Faces Headwinds May 29
ASTS stock fell 15.2% after 85% rally, showing overbought signals. Meyka rates it B with strong sell fundamentals despite 52-week highs.
Modi’s Pakistan Isolation Strategy Backfires as Sharif Courts Trump
Modi’s isolation plan backfired. Pakistan now allies with Trump’s US, mediates US-Iran talks, and strengthens China ties, shifting regional dynamics.