BoE data shows April mortgage approvals rose to 65,945 despite high rates. Analysts warn numbers may soon fall back as housing sentiment sours.
Japan's real wages rose 1.9% in April, marking a four-month growth streak. However, household spending fell 0.5% due to Middle East conflict inflation.
S&P refused to alter its rules for SpaceX's $1.75T IPO. The company is barred from early entry because it lacks profitability, losing $4.94B in 2025.
Lululemon cut its 2026 outlook as US sales fell 4% due to inflation, design missteps, and rising competition.
Bank of America is hiring 4,000 interns and campus recruits, cementing its commitment to junior talent despite growing Wall Street fears of AI automation.
TSMC's CEO says booming AI demand is outpacing supply, hinting at chip price hikes while warning that US-based plants will take time to meet US needs.
Foxconn and Intel are teaming up to build next-gen AI data center systems, servers, and custom chips to meet surging global artificial intelligence demand.
Dassault Aviation is close to a €33B deal with India for 114 Rafale jets, with 80% built locally via Tata and Adani.
Meta says Australia's 2.25% tech tax to fund local media violates the US Free Trade Agreement, warning of US trade action.
The Takaichi administration is considering a temporary 1% food consumption tax rate for two years starting next April. While pivoting from a campaign pledge of 0%, officials note a 1% rate requires only six months to update cash register systems compared to a full year for 0%.
Airbus successfully completed the first test flight of its A350-1000ULR, designed to fly up to 22 hours non-stop. The ultra-long-range widebody is part of a 12-aircraft order for Qantas, with the first delivery scheduled for April 2027.
Blackstone is seeking about ¥100 billion ($625 million) in a sale of payment firm SP.LINKS. SoftBank's telecom unit has advanced to the second bidding round, eyeing an acquisition that could more than double Blackstone's initial 2024 investment value.
Tencent shares surged 10% on reports that it is testing an AI agent prototype for WeChat's 1.4 billion users. The Chinese tech giant plans to start regulatory compliance processes this month, followed by limited external user testing, though an official public launch date is unconfirmed.
Mastercard is expanding its blockchain network to support 24/7 stablecoin settlement with Paxos, Fiserv, and PayPal, removing traditional interbank and cross-border timing delays.
US-Israel friction over Lebanon strikes has stalled fragile Washington-Tehran peace talks, driving Brent crude oil lower.
Microsoft revealed its Majorana 2 quantum chip, built using AI-designed lead materials, aiming for commercial systems by 2029 to match rival IBM despite physicist skepticism.
Souring sentiment triggered nearly $1.5 billion in crypto liquidations over 24 hours as Bitcoin sank below $67,000. The deleveraging was exacerbated by continuous US ETF outflows and a rare 32 BTC sale disclosure by major holder Strategy Inc.
Goldman Sachs added Siemens Energy to its European Conviction List, citing strong demand from AI data centers and grid infrastructure. Despite the bullish nod and a strong start, the stock closed down 2% at €156.52, failing to reclaim its 50-day moving average.
The US proposed 10% to 12.5% tariffs on 60 economies over forced labor failures, rebuilding trade barriers after a February Supreme Court setback.
Alphabet announced plans to raise $80 billion in equity to fund its expanding AI infrastructure, including a $10 billion private placement from Warren Buffett's Berkshire Hathaway.
Nvidia unveiled its new RTX Spark chip, developed with MediaTek, to run autonomous AI agents directly on personal computers. The move sent Nvidia shares up 4% while rivals fell.
Amazon will host its annual four-day Prime Day from June 23 to June 26, moving it up from July to avoid conflicts with the FIFA World Cup and July 4th.
Anthropic confidentially filed for a US IPO on Monday. Valued at $965 billion after a recent $65 billion funding round, the Claude AI maker is racing against OpenAI and SpaceX for a massive 2026 public market debut.
The U.S. Air Force is seeking a Next-Generation Mission Computer to replace the F-16's aging 20-year-old brain with an open, easily upgradable architecture.