South Korean chip giant SK Hynix announced a US listing on NASDAQ, planning to raise $26.5 billion, setting a record as the largest initial public offering by a foreign company in US history.
The United States launched new military strikes against Iran following attacks on tankers in the Strait of Hormuz, claiming the action aims to impose ‘heavy costs’ on Tehran. Iran warned it will take ‘decisive measures’ in response, as global energy markets and geopolitical stability face severe tests.
Iran has warned oil tankers transiting the Strait of Hormuz that they must use approved routes or face a forceful response. The move comes as US-Iran talks pause for the funeral of a slain ayatollah, adding tension to the world most critical oil shipping lane.
Blockchain fintech company Securitize has become the first company to simultaneously list shares on the New York Stock Exchange and on blockchain, tokenizing $295 million of its own stock on Solana and Avalanche. The company president says discussions are underway to tokenize more IPOs within the next year.
According to CNBC, President Trump purchased significant shares of Apple, Nvidia, and other tech giants before announcing a tariff pause that fueled a market rebound. A congressional report reveals 327 previously unreported stock trades made a day before the policy reversal, potentially worth over $1 billion.
Ukraine’s capital Kyiv was struck by the largest Russian missile and drone attack of the year in the early hours of July 2, killing at least 27 people and injuring dozens, including children. The assault came just hours after President Zelensky warned that Moscow was planning a massive strike.
China has passed a sweeping new ethnic unity law that extends its jurisdiction overseas, requiring all ethnic minorities to ‘integrate’ or face legal consequences. The law has drawn bipartisan condemnation from 14 U.S. lawmakers and strong criticism from international rights groups.
A severe fire broke out at an apartment building in Antwerp, Belgium, killing at least six people and injuring several others. Fire departments have contained the blaze and the cause is under investigation.
[Core Summary] According to CNN’s latest live updates, US President Trump and the Iranian government have issued conflicting statements about whether new talks have been arranged in Doha. The Trump administration claims negotiations are imminent, while Tehran denies any meeting has been scheduled. This diplomatic stalemate reflects the deep trust deficit still facing US-Iran relations. Markets reacted positively to the prospect of US-Iran talks, with stock futures rising as investors bet on easing geopolitical tensions. Dow Jones futures showed optimistic sentiment, with technology and energy stocks as the main beneficiaries. ...
Core Summary Rescue operations following Venezuela’s powerful earthquake have entered a critical phase, with approximately 50,000 people still unaccounted for according to CNN. Continuous aftershocks are creating enormous challenges for search and rescue teams, while survivors anxiously await news of their loved ones amid the rubble. International rescue teams are accelerating their arrival, but damaged roads and disrupted communications are severely hindering progress. Event Details According to CNN’s latest live reporting, the powerful earthquake sequence that struck Venezuela this week has caused significant casualties and property damage. Rescue operations have entered the most critical 72-hour window, but frequent aftershocks are creating major safety challenges for rescuers. CNN reports Venezuela is desperately searching for approximately 50,000 missing people. ...