Business
Gold extended losses after a weak quarter, with dollar strength and U.S. Treasury yields weighing on demand for non-yielding bullion.
World Bank says 18% of MENAAP residents face food insecurity as regional demand is projected to rise 67% by 2050, with food systems strained.
India’s ED says Rajesh Exports failed to produce foreign trade records as a probe reviews executive pay, stock gaps and disclosures.
The European Commission will host China’s commerce minister for trade talks as EU data shows a large 2025 goods deficit with China.
The Nikkei 225 set a fresh record above 72,000, with Topix also rising as Japan equities drew broad market attention in Tokyo.
Japan core machinery orders rose 8.7% in April as private-sector equipment demand rebounded, with manufacturing and services both gaining.
Technology
Amazon plans $48B in India from 2026 to 2030, adding $13B for AI and cloud infrastructure after Andy Jassy met Narendra Modi in New Delhi.
Japan’s revised AI Basic Plan draft seeks global cooperation on AI risks, cybersecurity, model safety and misinformation controls.
Modi and Macron reviewed defence, space, civil nuclear energy, education mobility and Innovation Roadmap 2030 during talks in Nice.
Nvidia deepens South Korea AI and data centre links with SK Hynix, SK Telecom, NAVER, Doosan, LG and Hyundai agreements across AI factories.
NVIDIA RTX Spark brings Microsoft Windows PCs into local AI computing, pairing Blackwell graphics, Grace CPU and Surface Laptop Ultra.