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Hong Kong maintains its US dollar peg, citing it as essential to financial stability amid market fluctuations and global tensions.
China plans to fast-track rare earth export approvals to the EU, with a decision on brandy import duties expected by July 5.
US and China set to discuss trade issues in London, focusing on tariffs and rare earth minerals as tensions rise.
Trump and Xi discuss trade tensions in a phone call, aiming for a positive resolution amid accusations of tariff violations.
Japan's trade negotiator confirms progress in tariff talks with the US but states no agreement has been reached ahead of the G7 summit.
US added 139,000 jobs in May, with unemployment steady at 4.2%, amid economic uncertainties and tariff concerns.
Russia's Central Bank cuts interest rate to 20% as inflation pressures ease and economy slows, marking its first reduction since September 2022.
Elon Musk suffers a significant wealth loss of $34 billion due to a public feud with Donald Trump affecting Tesla's stock.
Tesla shares drop sharply as CEO Elon Musk criticizes Trump's new tax bill, sparking investor concerns over the company's future.
NATO prepares to revise defense spending, influenced by U.S. demands for increased contributions and responses to geopolitical threats.
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