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EXPLAINED: 6 - The Real Truth

Stocks Rally Before the Open on U.S.-Iran Peace Deal

June S&P 500 E-Mini futures (ESM26) are up +0.98%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.64% this morning, pointing to a sharply higher open on Wall Street as sentiment got a boost after U.S. President Donald Trump signed a preliminary agreement to end the Iran war.

Barchart

Business Brief (June 18): China Moves to End Food-Delivery Price Wars

China prepares to establish a global AI cooperation body, State Council unveils five-year employment plan

Caixin Global

'Catastrophic capitulation': Why US and Israel are the biggest losers in Iran deal

PRESS REVIEW – Thursday, June 18: An Israeli paper slams the US's deal with Iran as a "catastrophic capitulation". While Trump sees the US as the big winner, the press says Iran's chokehold on the Strait of Hormuz shows that it has set a new status quo. Also, EU leaders…

France 24

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Chinese makers of DRAM modules, SSDs have a serious advantage over American and Taiwanese suppliers, says SMI SVP — state guidance secures local DRAM and SSD supply while the Big Three chase AI margins

CCP directives can be lifebuoy for Chinese producers of DRAM modules and solid-state drives as domestic memory makers may be obliged to support the module industry.

Tom’s Hardware

The 'Indo' exit: Pentagon's PACOM reset raises questions about India's place in Trump's Asia calculus

Washington's decision to rename the US Indo-Pacific Command back to Pacific Command has sparked debate over India's strategic importance. Despite assurances from President Trump, analysts view the move as a symbolic downgrading, occurring amidst existing bilateral friction and concerns about US policy in Asia.

The Economic Times

Why Tata Motors' Record Sales Couldn't Stop This Problem

At first glance, Tata Motors appears to be celebrating one of its strongest years ever. Record car sales, booming electric vehicle demand, and a growing market share paint the picture of a company firing on all cylinders. But beneath these impressive numbers lies a very different story. While Tata's domestic…

MyLifeXP

At Hong Kong auto show, China automakers target wealthy in right-hand-drive markets

Chinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new markets. This move comes as sales in China are slowing down. Brands like BYD and Zeekr are challenging established Japanese manufacturers. The Hong Kong auto show highlights these global ambitions. Chinese automakers…

The Economic Times

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World's largest air purifier: Inside China's 20-storey tower designed to clean 10 million cubic metres of air a day

A colossal air purification tower in China, standing over 100 meters tall, has shown promising results in tackling smog. Researchers reported a 15% reduction in harmful PM2.5 particles across a 10-square-kilometer area during 2018 tests. This solar-powered giant, the world's largest of its kind, offers hope for cleaner air in…

The Economic Times

Meet Wei Siyuan: The 19-year-old 'CEO in a school uniform' who worked as a waiter, built two companies, and donated 100,000 yuan to sanitation workers

At an age when most students are occupied with examinations, university applications, and the ordinary anxieties of late adolescence, one teenager in southern China found himself leading a small technology company. He still wore his school uniform, attended classes, and prepared for higher education, yet outside school, he was negotiating…

The Times of India

Newsletter: Zelenskyy in town for talks with NATO and EU leaders

Also in this newsletter: Former US commander general Ben Hodges reacts to the signing of the US-Iran peace deal, and former French Economy Minister Bruno Le Maire tells Euronews the EU needs to function as a core group of six.

Euronews

The world’s best skylines have just been named – and none of the top 10 are in Europe

Asia dominated the list, with eight spots making the top 10 across China, Malaysia and Japan.

Euronews

China seeks to rein in 'unfair' food delivery competition with new rules

China is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns that regulators say harm the economy. "These practices harm the interests of merchants operating on the platforms, delivery drivers and consumers, squeezing the real economy," the SAMR said.

The Economic Times

EU leaders meet in Brussels to discuss Ukraine, China shock and €2 trillion budget

Russia's war on Ukraine, unfair Chinese competition and the next long-term budget top the agenda of the EU summit.

Euronews

Shaw Investment A.P.A.C. and InCorp Singapore Strengthen China-Singapore-ASEAN Innovation Corridor to Support the Global Expansion of China's Next Generation Technology Enterprises

SINGAPORE, June 18, 2026 /PRNewswire/ -- InCorp Singapore, An Ascentium Company, and Shaw Investment A.P.A.C. have entered into a strategic collaboration to support the internationalisation of high-potential Chinese technology companies, innovation-led enterprises and family offices through Singapore. The collaboration forms part of Shaw Investment's China–Singapore–ASEAN internationalisation...

AAP

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The Economic Times

Taiwan's Lai says defending democracy is not a provocation against China

Taiwan's President Lai Ching-te asserts that defending the island's security and freedom from Chinese Communist Party rule is not provocative. He seeks swift approval for a new US arms sale package. Lai emphasizes Taiwan's right to self-determination and calls for China to renounce force. Taiwan is bolstering its defense capabilities…

The Economic Times

Microsoft makes big AI inroads in China by selling OpenAI models

Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and AI services. Despite US-China AI rivalry and concerns from competitors like OpenAI, Microsoft continues to sell AI models to major Chinese tech firms, fueling rapid revenue growth in the…

Fortune

Inside Europe's most innovative companies 2026

From semiconductors powering the AI boom to 360-year-old manufacturers adapting to the green economy,  here are the organizations driving the European economy forward.

AAP

APES 2026: 2,000+ Chinese Source Factories, One-Stop Direct Sourcing -Maximizing Buyer Margins

SHANGHAI, June 18, 2026 /PRNewswire/ -- APES Auto Parts Expo Shanghai 2026, China's No.1 Auto Parts Expo for Global Market, will take place from August 5–7, 2026 at the National Exhibition and Convention Center (NECC) in Shanghai. APES 2026 unites over 2,000 verified source factories across 60,000 sqm of dedicated…

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AAP

Tencent Cloud and China CITIC Bank International Limited Sign Strategic Cooperation Agreement to Accelerate FinTech 2.0 Transformation

HONG KONG, June 18, 2026 /PRNewswire/ -- At Tencent Cloud Day Hong Kong, Tencent Cloud, the cloud business of Tencent, announced the signing of a Strategic Cooperation Agreement with China CITIC Bank International Limited (CNCBI). The agreement, which marks one of the most comprehensive partnerships between a Chinese-funded bank in…

AAP

IQAX Pioneers eBL for High-Volume LCL Operations with Tianjin Consol and EZShipping

HONG KONG, June 18, 2026 /PRNewswire/ -- IQAX, a global leader in trade intelligence technology, has launched a pilot with Tianjin Consol International Co., Ltd., a leading North China–based less-than-container-load (LCL) freight forwarder and non-vessel-operating common carrier (NVOCC), through its partnership with EZShipping. Under the pilot, Tianjin Consol is using…

The Economic Times

Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran war

President Trump thanked Chinese President Xi Jinping and Russian President Vladimir Putin for remaining "neutral" during the conflict with Iran. He stated their non-interference significantly aided U.S. efforts to curb Tehran's nuclear ambitions. Trump specifically noted Xi's help in resolving the conflict and avoiding the supply of advanced weaponry to…

AAP

SIAL Guangzhou 2026: Backed by the World's Factory, Fast Becoming Asia's New Food Sourcing Hub

GUANGZHOU, China, June 18, 2026 /PRNewswire/ -- As global food and beverage companies continue searching for reliable supply chains and new growth markets across Asia, China is doubling down on its role as a key sourcing destination. The latest signal came from SIAL Shanghai 2026, which concluded with record-breaking results,…

AAP

Hisense Brings Smarter Home Experiences to Families During the FIFA World Cup 2026™

QINGDAO, China, June 18, 2026 /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, is helping families enjoy the excitement of the FIFA World Cup 2026TM beyond the screen by creating smarter, more connected home experiences through its latest home appliance innovations. Guided by its vision…

The Guardian - AU

Inspired by Ukraine, and worried by China: Taiwan teaches its citizens how to fly drones

Ordinary Taiwanese, young and old, are joining courses to learn how to fly drones amid looming China military threat.

AAP

Livable Changzhou emerges as magnet for global investment, talent

BEIJING, June 18, 2026 /PRNewswire/ -- A report from People's Daily: Nestled at the heart of the Yangtze River Delta, Changzhou, east China's Jiangsu province, is a city where rich cultural heritage meets modern vitality. Leveraging its comprehensive industrial ecosystem, high-quality business services, and inclusive urban environment, Changzhou has steadily…

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