Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight
For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China’s growing influence in the Indo-Pacific.
Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting
Asia markets traded mixed ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.
Japan’s global defense business may be on the cusp of a big breakout
Can Japan be a major player in the international defense sector, like its neighbor South Korea?
Dow jumps 370 points to recapture 50,000; S&P 500 posts first close above 7,500: Live updates
Stocks were higher on Thursday, with the Dow Jones Industrial Average retaking 50,000 after strong earnings from Cisco Systems.
Cisco’s stock pops 14% on surging AI orders, as company says it’s cutting almost 4,000 jobs
Cisco’s AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh received the fewest votes of any Fed chair in history. Will it cripple him?
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Trump in China: Traders predict a tariff truce extension and Boeing aircraft purchases
Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn’t need China’s help in resolving the war.
Altman details Musk’s OpenAI fallout, says nonprofit was ‘left for dead’
Musk has accused Altman and another OpenAI co-founder of trying to “steal a charity”
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace”
The IEA’s oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.
