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A Reuters poll showed that 44 out of 56 economists expect the Reserve Bank of India to keep its repurchase rate unchanged at 5.25% on June 5.

2026-05-29

A Reuters poll showed that 44 out of 56 economists expect the Reserve Bank of India to keep its repurchase rate unchanged at 5.25% on June 5.

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2026-05-29

President Trump said Iran must agree never to possess nuclear weapons and demanded the Strait of Hormuz be reopened immediately without transit fees. He said all sea mines, if any, will be cleared; the U.S. has used mine-countermeasure ships to deton

President Trump said Iran must agree never to possess nuclear weapons and demanded the Strait of Hormuz be reopened immediately without transit fees. He said all sea mines, if any, will be cleared; the U.S. has used mine-countermeasure ships to detonate many and Iran will be responsible for clearing or detonating any remaining mines. Trump said ships held under a U.S. naval blockade may depart now that the blockade is lifted. He said enriched material buried after a U.S. B-2 strike 11 months ago will be excavated and destroyed by the U.S. in close coordination with Iran and the IAEA, and that no funds will be exchanged until further notice. Trump said he is heading to the situation room to make a final decision; Axios interprets the comments as suggesting he may imminently approve an Iran nuclear agreement.
2026-05-29

China Federation of Logistics & Purchasing reported Jan–Apr logistics data showing total logistics volume for enterprises and household goods rose 4.8% YoY. E‑commerce and online retail logistics demand continued to consolidate; instant retail and on

China Federation of Logistics & Purchasing reported Jan–Apr logistics data showing total logistics volume for enterprises and household goods rose 4.8% YoY. E‑commerce and online retail logistics demand continued to consolidate; instant retail and on-demand delivery expanded rapidly, with instant retail transaction value up 29.2% YoY. Rapid digital consumption is lifting logistics demand for smart‑home systems and service robots. Logistics volume for imported goods rose 5.0% YoY in Jan–Apr; import flows show structural divergence, with staples and items for emerging industries strengthening supply‑chain support. Agricultural product import logistics grew strongly, helping to stabilize domestic market supply.
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