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The Bank of Russia has set the official dollar rate at 77.0611 rubles for June 27-29, 2026, up 1 ruble and 42.64 kopecks from the previous figure. The euro and yuan also rose against the ruble.
The February 2026 US-Israel attack on Iran and subsequent Iranian retaliation have put the UAE's AI infrastructure under direct threat, delaying hardware and raising concerns about undersea cables. Despite this, analysts argue the country's fundamentals for AI development remain strong, though questions about the depth and quality of its ecosystem persist.
A light sport aircraft crashed into Beijing's tallest building, CITIC Tower, on Friday, June 26, 2026, killing the pilot and injuring 13 others. The incident triggered evacuations, scattered debris across the central business district, and prompted a heavy police response.
Countries around the world, including the US, Iran, and Cuba, have pledged aid to Venezuela after two powerful earthquakes struck the country on Wednesday, leaving hundreds dead and injured. The death toll estimates vary, with official figures rising to at least 235.
German Chancellor Friedrich Merz has described the Chinese yuan as undervalued by 30 percent and criticized Beijing’s subsidies and export practices, citing pressure on European manufacturers. The remarks come as G7 leaders stopped short of a public joint plan on China-related economic issues, according to reporting from the South China Morning Post. Trade figures show a large Chinese surplus and rising shipments to Germany.
The death toll from the twin earthquakes that struck Venezuela has risen to at least 589, according to acting President Delcy Rodriguez, while a separate report puts the figure at 235. International aid, including from the U.S., China, and Germany, is arriving as rescue efforts continue.
Gazprom CEO Alexey Miller reported record global gas consumption of 4.3 trillion cubic meters in 2025 and projected further growth by 2050. He also detailed the company's progress on major infrastructure projects, including an 80% complete processing complex in Ust-Luga and the upcoming Belogorsk-Khabarovsk pipeline, while suggesting that foreign energy companies are returning to oil and gas investments.
Yonhap News Agency hosted the annual Korean Peninsula Symposium in Seoul, co-hosted by the Ministry of Unification and the Institute for National Security Strategy. Unification Minister Chung Dong-young called for a practical, phased approach to the North Korean nuclear issue, while President Lee Jae Myung reaffirmed a commitment to pragmatic diplomacy.
Despite a preliminary US-Iran accord that includes a ceasefire and oil export waivers, Chinese businesses in the Gulf remain cautious. Analysts note that while oil prices have dropped, the deal's temporary nature and unresolved sanctions keep many traders from committing to long-term plans.
Bangladesh's Prime Minister Tarique Rahman met with Chinese President Xi Jinping in Beijing, urging reduced trade deficits and diversified exports. The visit highlights Dhaka's efforts to balance ties with China and India amid a complex geopolitical landscape.
Two powerful earthquakes struck Venezuela near the capital, killing at least 235 people and injuring thousands. Rescue efforts continue as international teams arrive, with the US pledging $150 million in aid.
US artificial intelligence company Anthropic has accused Chinese tech giant Alibaba of orchestrating a large-scale campaign to extract capabilities from its Claude AI model through "distillation attacks." In a letter to US senators, Anthropic alleged nearly 29 million fraudulent interactions and urged Congress to impose penalties. The companies have denied the allegations, and Alibaba has filed a lawsuit against the US government over its blacklisting.
Iran aims to earn billions from the reopened Strait of Hormuz, proposing a revenue-sharing model modeled on Turkey's Dardanelles management. The US rejects any tolls, and conflicting accounts emerge over the US-Iran framework deal.
The Chinese indie film 'Dear You' has become a sleeper hit in China and is now sparking a debate in Singapore over the decline of Chinese dialects, following the government's long-standing Mandarin promotion campaign. With the film largely in Teochew and most Singaporean screenings dubbed in Mandarin, many are questioning the loss of heritage and authenticity.
Senators Tim Kaine and Dan Sullivan have reintroduced a bill to reauthorize the North Korean Human Rights Act, which expired in 2022. The legislation aims to extend humanitarian aid and democracy programs until 2030 and includes provisions to sanction officials involved in repatriating North Korean defectors. A similar House bill was introduced in November.
Apple has increased prices across its MacBook, iPad, and other product lines, citing surging memory chip costs driven by AI demand. Microsoft has also raised Xbox prices. The iPhone remains unaffected for now, but analysts expect price hikes later this year.
The top US diplomat for East Asia, Michael DeSombre, reassured Taiwan of Washington's commitment to the 'Six Assurances' while declining to provide a timeline for a stalled $14 billion arms package. China's embassy in Washington warned that mishandling the Taiwan issue could lead to conflict.
US officials, including House Foreign Affairs Committee Chairman Brian Mast and Treasury Secretary Scott Bessent, have escalated rhetoric on artificial intelligence competition with China, framing it as a critical national security and moral issue. Both countries have agreed to formal discussions on AI governance following recent talks between leaders.
China has signaled willingness to expand tariff-free trade with the United States while imposing new restrictions on American firms. Ambassador Xie Feng proposed raising the tariff-free threshold from $30 billion to $300 billion, and Beijing's commerce ministry says both sides will continue discussing reciprocal tariff reductions.
Hainan province presented the investment potential of its free trade port at the 4th China International Supply Chain Expo in Beijing, highlighting reduced customs clearance times and a sharp rise in new business registrations. The province also showcased products from 22 local companies.