Treasury, IRS announce ‘major milestone’ of $1 billion in past-due taxes collected from millionaires
The U.S. Department of the Treasury and IRS announced a “major milestone” of collecting more than $1 billion in past-due taxes from millionaires.
NATO condemns China as a ‘decisive enabler’ of Russia’s war in Ukraine in most serious rebuke to date
NATO labeled Beijing a “decisive enabler” of Russia’s war in Ukraine and expressed concern over Beijing’s “systemic challenges” to the coalition’s security.
JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
The investment bank upgraded Malaysia to “neutral” from “underweight” last week, raising its target for the Kuala Lumpur Composite Index.
UK economy returns to growth in May, beating expectations as British pound hits four-month high
UK gross domestic product figures for May were published Thursday.
Japan is worried about another ‘transactional’ Trump presidency, Tokyo-based expert says
The Japanese government was “pretty certain that Biden had this well in hand.” However, the ruling LDP is now reappraising the odds of a “Trump 2.0 presidency.”
CNBC Daily Open: A true bull market — it’s not Wall Street
S&P 500 closes above 5,600 for the first time. Archegos founder convicted of market manipulation. Tesla is a “meme stock.”
China’s robotaxi push sparks concerns about job security for drivers
China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs
Shares of Stellar Blade maker Shift Up surge almost 50% on trading debut
The company sold 7.25 million shares in its IPO, raising 435 billion won or about $315.56 million.
Man caught attempting to smuggle 104 live snakes in his pants at China border
A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country’s customs authority.
Japanese warship entered China’s waters near Taiwan despite warnings, domestic media reports
A Japanese navy destroyer entered Chinese territorial waters recently in spite of repeated warnings, local news reported.
