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China has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems. — Reuters pic

Sources: US-China trade truce shaky as military-use rare earth export dispute remains unresolved

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Embracing Powertrain Diversity, GWM Continues to Enhance Clean Diesel Capabilities for Off-Roading

Japanese Prime Minister Shigeru Ishiba heads to Canada today for trade talks with US President Donald Trump, hoping to persuade him to drop trade tariffs that have imperilled Japan’s auto companies and threaten to undermine his fragile government. — Reuters pic

US auto tariffs could cut Japan’s GDP by 0.9pc, PM Ishiba seeks solution in G7 talks with Trump

A jogger runs past the Federal Reserve building in Washington, DC August 22, 2018. The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump’s push for rate cuts, as officials contend with uncertainty sparked by the Republican’s tariffs. — Reuters pic

US Fed set to keep rates unchanged, resisting Trump’s calls for cuts amid economic uncertainty

South Korea’s exports to the Association of Asean countries are on the rise, helping offset recent drops in shipments to the US and China amid a global trade war sparked partly by the US’ evolving tariff policies, data showed today. — Picture by Raymond Manuel

Asean surpasses China as South Korea’s top export destination for first time in 23 years amid global trade shifts

Cans of Hanoi Beer and Saigon Beer are seen displayed for sale at a mini-mart in Hanoi September 1, 2016. Vietnam’s lawmakers approved raising the tax on beer and strong alcoholic beverages yesterday to 90 per cent by 2031 from the current 65 per cent, state media said. — Reuters pic

Vietnam hikes beer, liquor tax by 5pc yearly, set to hit 90pc by 2031

The global commercial aviation fleet will stand just under 50,000 planes in 2044, with most built over the next 20 years, according to a Boeing forecast released yesterday. — Reuters pic

Boeing trims 2044 global air fleet forecast to 49,600 planes as supply chain issues slow deliveries

A worker wears a helmet with The Nippon Steel logo, inside the plate rolling mill area at the company’s East Nippon Works Kimitsu Area plant in Kimitsu, east of Tokyo, May 26, 2025. The firm now faces global headwinds after securing a merger with US Steel. — Reuters pic

Nippon Steel’s US deal approved — now comes the hard part: debt, tariffs and decarbonisation

In a climate of commercial and strategic tensions, the Paris Air Show, the oldest and largest aerospace event in the world, opens on June 15, 2025, marked by Europe’s determination to rearm and reclaim its sovereignty in space. — AFP pic

Paris Air Show opens under cloud of war, Dreamliner crash and trade tensions

A steel worker returns to US Steel Granite City Works in Granite City, Illinois May 24, 2018. US President Donald Trump approved Nippon Steel’s US$14.9 billion bid for US Steel yesterday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews. — Reuters pic

Trump signs off on Nippon Steel’s US$14.9b takeover of US Steel after security review, but details on ‘golden share’ remain unclear

Shein’s carbon emissions from transporting products climbed 13.7 per cent in 2024, the online fast-fashion retailer’s sustainability report showed yesterday, and its 2023 transport emissions were 18 per cent higher than previously reported after a recalculation. — Reuters pic

Fast-fashion retailer Shein’s transport emissions surge 13.7pc in 2024, tripling Inditex’s footprint

The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst. — Picture by Sayuti Zainudin

Ringgit expected to trade sideways, hovering between 4.22-4.24 ahead of key Fed meeting as geopolitical risks loom

Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran. — Picture by Yusof Mat Isa

Bursa Malaysia to trade between 1,500-1,530 next week amid US tariffs, Middle East tensions

Mexico’s antitrust watchdog said yesterday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. — Reuters pic

Google wins years-long Mexico antitrust battle, avoids billion-dollar fines as regulators shut case

Oil prices jumped yesterday and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East. — AFP pic

Oil surges 7pc as Israel-Iran conflict raises supply disruption fears

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Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET