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US CPI, Warsh Testimony, BoC Decision in Focus Next Week
Next week's key events include US CPI data, testimony from Kevin Warsh, and the Bank of Canada interest rate decision. Geopolitical tensions and China GDP also feature.
US ETF Assets Under Management Hit Record $15.6 Trillion
US-listed ETF AUM has reached a record $15.6 trillion, doubling in 30 months. Year-to-date inflows exceed $1 trillion, nearly double the previous record for the same period, setting the industry on track for over $2 trillion in annual inflows for the first time.
Iran Refuses US Talks Unless Conditions Met, Including Oil Export Normalization
Iran has ruled out entering negotiations with the United States until Washington reverses its positions and implements prior understandings, according to a report from Fars news agency citing an unnamed source.
Kim Jong Un Visits China in 2025, Xi Reciprocal Trip in 2026 as Peninsula Tensions Rise
North Korean leader Kim Jong Un traveled to China in September 2025 for Victory Day events, his first visit since 2019. China's President Xi Jinping made a return trip to North Korea in June 2026 amid heightened tensions on the Korean Peninsula.
1961 North Korea-China Defense Treaty: Military Assistance Pledge and Trade Dominance
A 1961 mutual defense treaty between North Korea and China obligates both nations to provide immediate military aid if attacked. China is North Korea's primary trading partner, handling over 90% of its foreign trade.
Xi Jinping and Kim Jong Un Reaffirm China-North Korea Friendship
Chinese President Xi Jinping stressed the importance of traditional ties with North Korea, while Kim Jong Un highlighted the legal basis for their enduring cooperation under a bilateral treaty.
China, North Korea Mark 65 Years of Bilateral Treaty Ties
Chinese President Xi Jinping and North Korean leader Kim Jong Un exchanged congratulatory messages to celebrate the 65th anniversary of the Treaty of Friendship, Cooperation and Mutual Assistance between their nations.
Kremlin Says Conflict with Ukraine Is Now a Full-Scale War
The Kremlin has acknowledged that the conflict with Ukraine, supported by the United States and European allies supplying weapons, is no longer a 'special military operation' but a full-scale war.
Iran Claims 10 Million Mourners at Khamenei Funeral Events
The Iranian government reports over 10 million attendees at funeral events for the late Ayatollah Khamenei this week, though independent verification is unavailable. Hundreds of thousands gathered in Tehran for Monday's procession.
Kremlin: Zelensky Can End War by Withdrawing Troops, Recognizing Annexed Regions
The Kremlin stated that Ukrainian President Zelensky can fulfill his original promise to end the war by pulling troops from Donbas and recognizing the annexed territories as part of Russia de jure.
US Official Warns No Iran Deal Without 'Dust'
A US official stated that if Iran does not hand over 'the dust,' there will be no deal, emphasizing Washington holds the leverage.
US Official Warns of Military Options if Iran Refuses Nuclear Deal
A US official stated that Washington has low-cost military options to ensure Iran's nuclear program remains buried, and retains leverage if Iran refuses negotiations.
US Demands Iran Hand Over 'Nuclear Dust' Buried Under Rubble for Deal
A US official told ABC News that any nuclear agreement with Iran hinges on Tehran surrendering highly enriched uranium buried under rubble after American airstrikes, labeling the material as 'nuclear dust.'
Iran Accuses UAE of Backing US Military Aggression in Exchange for Trade Benefits
Iran's deputy foreign minister claims the UAE supported US military actions against Iran in return for eased US export controls and upgraded trade status.
Russian Geran-4 Drones Strike Power Substation in Ukraine's Sumy Region
Russian UAV operators hit a key power hub in Sumy region with Geran-4 drones, striking a 110 kV substation in Shostka.
Russian Strike Causes Massive Fire at Kyiv Region Infrastructure Facility
A Russian strike ignited a 4,000-square-meter fire at an infrastructure facility in the Kyiv region, with firefighters battling the blaze under extreme heat and the risk of additional strikes.
CPU Business Growth Potential Changing Rapidly, Nikkei Reports
Central processing units, long considered a mature low-growth sector, are seeing a rapid change in growth potential according to a Nikkei Asia report.
Explosions Reported in Towns East of Tehran; Cause Unknown
Residents in Pakdasht and Qiamdasht, east of Tehran, reported hearing explosions, according to local media. The source and location are unknown, with no official statement yet.
China and North Korea Mark 65th Anniversary of Friendship Treaty
Chinese President Xi Jinping and North Korean leader Kim Jong Un exchanged congratulations on the 65th anniversary of the China-DPRK Treaty of Friendship, Cooperation and Mutual Assistance.
Powerful Typhoon Heads for China, Triggers Emergency Response in Zhejiang
A large typhoon is moving toward China with heavy rain and strong winds, expected to make landfall later Saturday. Zhejiang province has activated an emergency response.
Chinese Scientists Develop Intelligent System for Consistent Organoid Cultivation
A team from Harbin Institute of Technology and BGI Genomics has created an intelligent system that produces consistent 'blood island organoids', overcoming the randomness that has prevented clinical use.
Andy Burnham certain to be UK's next PM, plans unclear
Andy Burnham is now certain to become the UK's next prime minister, but his detailed plans remain obscure to allies just 10 days out.
Rubio Discusses Regional Security with Saudi Counterpart Amid Iran Tensions
US Secretary of State Marco Rubio spoke with Saudi Foreign Minister Prince Faisal bin Farhan about regional security as tensions with Iran persist in the Persian Gulf.
Russia Reports Ukrainian Drone Attacks on Four Vessels in Taganrog Bay
Russia accused Ukraine of attacking four vessels with drones overnight in Taganrog Bay in the Azov Sea, following a Friday strike on the area that disrupted shipping through a key Russian grain-export corridor.