Business Brief (June 8): China Approves Five-Year Employment Plan Dreame reportedly under government inspection, ByteDance says it has no plans to manufacture cars Caixin Global · Jun 8
Stock Index Futures Climb as Tech Stocks Rebound, U.S. Inflation Data and SpaceX IPO Awaited June S&P 500 E-Mini futures (ESM26) are up +0.71%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.40% this morning, signaling a rebound from Friday’s selloff on Wall Street as investors stepped in to buy the dip in technology stocks even as tensions in the Middle East pushed oil… Barchart · Jun 8
India, China should stick to 'right strategic perception' of being cooperative partners, not rivals: Beijing China urges India to view them as cooperative partners, not rivals, emphasizing mutual development and opportunities. Beijing supports dialogue between India and Pakistan to resolve differences. Meanwhile, Russia's President Putin highlighted his nation's strong, independent ties with both India and China, stressing that Moscow's relationships with each do not negatively… The Economic Times · Jun 8
With approximately 190 warheads, India widens nuke arsenal lead over Pakistan: SIPRI report The year 2025 marked a pivotal moment for India's nuclear strategy as it ramped up its arsenal and introduced innovative delivery methods. The military confrontation with Pakistan in May highlighted an unprecedented use of cyber operations in warfare. The Economic Times · Jun 8
China Beats Elon Musk: Approves World's First Commercial Brain-Computer Chip NEO China has approved Neuracle and Tsinghua University's brain implant, enabling thought-controlled hand movements for paralysis patients in a major neurotech advance International Business Times UK · Jun 8
INVT Unveils "Smart + Net-Zero" Strategy and New Product Portfolio at 2026 Global Launch Event SUZHOU, China, June 8, 2026 /PRNewswire/ -- Leading industrial automation and energy solution supplier INVT successfully held its Global Strategy and New Product Launch 2026 under the theme of illuminated Voyage, Awakened Wisdom. During the event, the company unveiled its new corporate mission and vision—Leading Smart Industry, Shaping Net-Zero Future—and… AAP · Jun 8
While world makes beeline for Beijing, Xi flies to North Korea - Why China is worried about Kim Jong Un and Russia Chinese President Xi Jinping has landed in North Korea for his first overseas trip of the year. The Times of India · Jun 8
Call for XJTLU's 6th MEGA International Creative Media Festival SUZHOU, China, June 8, 2026 /PRNewswire/ -- The Media, Exhibition, Graphics, and Arts (MEGA) International Creative Media Festival, hosted by Xi'an Jiaotong-Liverpool University (XJTLU), invites filmmakers, students, creators, and industry professionals to submit their works until 30 June 2026.Organised by XJTLU's Academy of Film and Creative Technology (AFCT), this year's… AAP · Jun 8
Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocks India’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage initiated coverage with ‘Buy’ ratings on Arvind, Nitin Spinners and Sanathan Textiles, citing FTAs, tariff advantages over China, a strong domestic market and growing opportunities in technical textiles. The Economic Times · Jun 8
Newsletter: The EU’s battle of wills With two major elections taking place on the EU's periphery over the weekend, many have viewed them as a bellwether for future Russian intimidation efforts. Euronews · Jun 8
Rare visit: China's Xi Jinping meets North Korea's Kim Jong Un in Pyongyang Chinese President Xi Jinping began a state visit to North Korea, meeting with leader Kim Jong Un to strengthen strategic ties. Xi emphasized their "unbreakable and enduring" friendship and commitment to regional peace. The visit occurs amid heightened tensions and North Korea's non-negotiable stance on its nuclear program. The Times of India · Jun 8
Oil market calm masks a host of unknowns Global oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting significant global supply. However, prices have retreated from highs. Uncertainties about global inventories, China's demand, and the true state of consumption create a precarious situation. Experts are operating with… The Economic Times · Jun 8
China's Xi hails 'new start' in North Korea ties ahead of summit Chinese President Xi Jinping is visiting North Korea to strengthen ties. This visit occurs as North Korea increases trade and military cooperation with Russia. China aims to foster strategic cooperation and socialism. North Korea has showcased its military strength ahead of the summit. This marks Xi's first international trip this… The Economic Times · Jun 8
China's Xi lands in North Korea for rare visit SEOUL - China's President Xi Jinping hailed an "invincible friendship" with Pyongyang as he arrived in North Korea Monday, his first trip abroad this year after hosting back-to-back summits in Beijing. Bangkok Post · Jun 8
The Economic Times · Jun 8 China’s Moonshot AI seeks $30 billion value in new funding talks The developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the matter said. The discussions have begun just as Moonshot is on the verge of closing a round led by Meituan that valued the AI firm at $20…
The Economic Times · Jun 8 Saving Siri: After two years of stumbles, is Apple's AI moment here? Siri debuted in 2011 and is accessible through the bulk of Apple's installed base of 2.5 billion devices, but hundreds of millions of consumers have been chatting with apps from OpenAI and Anthropic instead. In China and elsewhere, consumers are turning to AI agents - bots that can carry out…
The Economic Times · Jun 8 Gold extends losses on US interest rate-hike fears Gold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent oil prices soaring, fueling inflation concerns. China's central bank continued to increase its gold reserves. Gold demand in India remained subdued due to price volatility. Silver and platinum prices…
The Independent UK · Jun 8 Chinese leader Xi heads to North Korea for closely watched talks with Kim Chinese President Xi Jinping is set to travel to Pyongyang in his first visit in seven years, a trip likely meant to reassert China’s unique influence over North Korea in return for providing economic and political benefits
The Guardian - UK · Jun 7 Xi Jinping arrives in Pyongyang on trip to revitalise China-North Korea ties Kim Jong-un welcomes Chinese leader on visit to renew relations strained amid Pyongyang’s closeness with Russia
Bored Panda · Jun 7 Husband Arrested For Forging Hospital Records To Get Wife Expensive Dialysis Treatment, Sparks Health Debate “I had been pushed to the point where there was no other way,” the husband said.
Bangkok Post · Jun 7 China's Xi to visit North Korea after meetings with Trump, Putin SEOUL - Chinese President Xi Jinping is set to arrive in North Korea on Monday after hosting back-to-back summits with US President Donald Trump and Russia's Vladimir Putin last month.
The Independent UK · Jun 7 US on track to lose its title as the world’s leading tourism economy IN FULL
The Guardian - UK · Jun 7 Author of Home Office report on China reveals attempts to compromise him Exclusive: Dr David Wilson says former British police officer approached him as part of efforts to influence his work
The Independent UK · Jun 7 China on track to surpass US as world’s leading travel and tourism economy More than 68 million international visitors arrived in China in 2025
AAP · Jun 7 IBA‑UIBC Cup of Bakers 2027 "Golden Statue Cup" China Selection - Hong Kong & Macao SAR Selection Competition Successfully Held in Hong Kong HONG KONG, June 7, 2026 /PRNewswire/ -- The Final of the IBA‑UIBC Cup of Bakers 2027 "Golden Statue Cup" China Selection – Hong Kong & Macao SAR Selection Competition was successfully held at the International Culinary Institute in Hong Kong. The event brought together leading baking professionals, industry representatives, and…