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French President Macron said on June 1 on social media that France is willing to support US-Iran negotiations; a France- and UK-led multinational escort operation will be prepared to deploy after a US-Iran agreement to help secure shipping through th

2026-06-01

French President Macron said on June 1 on social media that France is willing to support US-Iran negotiations; a France- and UK-led multinational escort operation will be prepared to deploy after a US-Iran agreement to help secure shipping through the Strait of Hormuz. Macron said he conveyed the offer during a May 31 call with US President Trump and that France can provide expertise and capabilities, particularly on nuclear-related elements of any deal.

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2026-06-01

Israel Defense Forces said it struck Hezbollah weapons depots, manned command centers and other infrastructure in Tire and other parts of southern Lebanon today.

Israel Defense Forces said it struck Hezbollah weapons depots, manned command centers and other infrastructure in Tire and other parts of southern Lebanon today.
2026-06-01

AI-driven buying pushed emerging Asian equities to record highs, with the MSCI Emerging Markets index up as much as 2% Monday, led by Korea and Taiwan AI leaders. MOODY'S analyst Denise Cheok said AI momentum persists despite multiple risks, providin

AI-driven buying pushed emerging Asian equities to record highs, with the MSCI Emerging Markets index up as much as 2% Monday, led by Korea and Taiwan AI leaders. MOODY'S analyst Denise Cheok said AI momentum persists despite multiple risks, providing a tailwind for parts of Southeast Asia tied to the tech ecosystem but concentration raises the risk of a sudden drop in AI demand. Rising oil prices and a stronger USD are straining external finances of fuel net-importing Asian economies and weighing on their currencies; the Indonesian rupiah and Indian rupee are the worst performers YTD. Wee Khoon Chong, Asia-Pacific markets strategist at a New York-based bank, said equity strength has not translated into currency gains, with USD strength, the crude rebound and recent deterioration in trade terms the main drags on many APAC currencies.
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