Trump, US Senate Republicans face test as ’Big Beautiful Bill’ deadline looms

The article discusses challenges facing Trump's significant tax-cut and spending bill in Congress, emphasizing intra-party resistance from hardline Republicans over debt concerns and proposed cuts to social programs.

Hedge fund leverage reaches five-year high, buying bank stocks, Goldman Sachs says

Hedge fund leverage reaches a five-year peak as firms buy financial stocks amid steady U.S. interest rates and geopolitical tensions, boosting oil prices and stock picking returns globally.

India’s business activity surges in June on strong demand, record export orders, PMI shows

India's private sector saw significant growth in June, driven by increased production and record exports, despite lower business confidence amidst easing inflation rates.

Take Five: Time to cool down?

The article discusses global market concerns due to rising oil prices, Middle East tensions, NATO's upcoming meetings, and upcoming testimonies from U.S. Federal Reserve officials affecting economic indicators.

Singapore’s annual core inflation rate 0.6% in May, matching poll forecast

Singapore's consumer price index rises 0.6% in May; core inflation stays at 0.6%. Economic outlook dims due to U.S. tariffs and Middle East tensions, risking recession.

Morning Bid: Now the ball is in Iran’s court

President Trump's actions regarding Iran add to market uncertainties, influencing oil prices, U.S. futures, and Fed policies amidst ongoing geopolitical tensions and economic indicators.

China’s Hellobike sets up new robotaxi firm with Ant Group, CATL

Hellobike, Ant Group, and CATL launched a robotaxi firm in Shanghai with over $417 million investment, focusing on level 4 autonomous driving and commercialization.

Crypto market plummets after US attacks Iran nuclear sites

Dollar advances as investors brace for Iran response

The U.S. dollar strengthened amidst geopolitical tensions between the U.S. and Iran, while oil prices soared. Market reactions remain cautious amid uncertainty and anticipation of Federal Reserve updates.

Shares dither, oil spikes as investors mull Iran risks

Global markets are unsettled by tensions with Iran; oil prices rise while world shares decline amid geopolitical concerns and forecasts of potential Federal Reserve rate cuts.