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1. US tightens pressure on Iran with new sanctions and threats of more strikes

   The United States ramped up pressure on Iran on Wednesday, with President Donald Trump threatening more strikes and the Treasury Department slapping fresh sanctions on entities that it says “have supported weapons procurement” on behalf of Tehran, including some in China and Hong Kong. “We hit them hard yesterday and we’re going to hit them again hard today,” Trump told reporters at the White...

2. Nasa chief defends choice of all-male Artemis III crew

   Nasa’s administrator Jared Isaacman on Wednesday defended the make-up of the space agency’s latest Artemis crew, an all-male group. The nominations have earned criticism that Nasa may have acted in accordance with US President Donald Trump’s direction to eliminate diversity and inclusion efforts. Isaacman insisted in a lengthy social media post that the “crew selection does not involve any...

3. Bill Gates tells Epstein hearing he ‘never victimised anyone’

   Microsoft co-founder Bill Gates said on Wednesday that he “never victimised anyone”, as he faced questioning from US lawmakers over his ties to late sex offender Jeffrey Epstein. Gates, one of the world’s richest men and a leading philanthropist, was appearing before the House Oversight Committee for a transcribed interview about the disgraced financier, who died in a New York jail cell in 2019...

4. Elon Musk accused of inflaming tensions in Belfast after knife attack

   The use of social media in planning violent protests over the Belfast knife attack has drawn condemnation, with Britain’s ruling Labour Party accusing Elon Musk of stoking divisions. The tech billionaire, who continued overnight to promote calls for people to take to the streets in response to the assault, hit back at the claims and blamed immigration policy for the tensions. Hadi Alodid, a...

5. Hong Kong tech park tender targets strong bidders with HK$100m bond rule

   Winning consortiums bidding for core land parcels at an innovation hub near Hong Kong’s border must post a HK$100 million (US$12.7 million) construction bond and meet a tight 30-month development deadline, according to tender documents obtained by the South China Morning Post. Industry leaders said the requirements, which deviated from those in conventional government land sales, suggested that...

6. How will the Pentagon’s expanded blacklist of Chinese firms affect Xi’s US visit?

   The Pentagon’s newly expanded blacklist of Chinese military-linked companies has tested the fragile stability reached at last month’s summit, highlighting that intense competition persists despite recent efforts to ease bilateral tensions. On Monday, the US Defence Department released its updated Section 1260H list as required by American law, expanding the roster to 188 entities, up from 134...

7. US inflation spikes to 3-year high, Trump says ‘I love it’

   US consumer inflation surged to a three-year high in May, according to official data released on Wednesday, as increased energy prices rippled through the world’s largest economy. US President Donald Trump praised the inflation report in comments to reporters Wednesday, saying, “the numbers were great” and “I love it”. He said the inflation data was good because it showed energy prices were a...

8. Gold-laden World Cup trophy’s value surges 157% – how much is the bullion worth?

   As the 2026 Fifa World Cup prepares to kick off on Thursday, the world’s elite players are vying for more than just glory – they seek a shimmering prize whose bullion value has eclipsed all previous benchmarks. The trophy set to be hoisted in the US state of New Jersey next month is now worth 157 per cent more than it was during the 2022 tournament in Qatar, owing to a historic rally in gold...

9. US firms pay price for Trump’s China tariffs, export controls, study finds

   The Trump administration’s export controls, sanctions and tariffs are hurting American firms in China without achieving their policy goals of blocking critical technology or reviving US manufacturing, according to a new business survey. “US export controls are not calibrated to empower American companies … Instead, they are forcing buyers to go elsewhere,” the US-China Business Council (USBC)...

10. Starlink rival Qianfan hits satellite milestone, but is it too slow and costly?

    China’s Qianfan network has hit a national milestone by placing over 200 broadband satellites in orbit, but there are concerns its deployment could be too slow and costly. The constellation now has 201 satellites after a successful launch on board a Zhuque-2E rocket from the Gobi Desert at 4.23pm Beijing time on Tuesday. The mission delivered Qianfan DTC-01 – a direct-to-cell test satellite –...