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China’s State Council approved renewal of a bilateral local‑currency swap between the People’s Bank of China and the Central Bank of Egypt, expanding the facility from CNY18 bln/EGP80.7 bln to CNY30 bln/EGP203 bln. The agreement is for three years an

2026-06-03

China’s State Council approved renewal of a bilateral local‑currency swap between the People’s Bank of China and the Central Bank of Egypt, expanding the facility from CNY18 bln/EGP80.7 bln to CNY30 bln/EGP203 bln. The agreement is for three years and may be extended by mutual consent; officials said the expansion aims to deepen monetary‑financial cooperation, increase use of local currencies in bilateral trade and investment, and support financial‑market stability.

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2026-06-03

Microsoft has launched Scout, an AI assistant integrated into internal email and calendar systems to operate like a 24/7 executive assistant rather than a user-visible chatbot. Charles Lamanna, head of commercial apps product development, said Scout

Microsoft has launched Scout, an AI assistant integrated into internal email and calendar systems to operate like a 24/7 executive assistant rather than a user-visible chatbot. Charles Lamanna, head of commercial apps product development, said Scout can autonomously perform broader tasks — for example, rescheduling meetings to resolve time conflicts — and can be shared so employees can query a manager’s Scout. Microsoft did not disclose pricing; initial use will require a GitHub Copilot subscription. Lamanna said customer billing will likely be usage-based rather than a fixed fee, and Microsoft intends to add more AI products to subscription plans as model-access costs fall.
2026-06-03

*ST Wingtech hit its daily limit down during trading, experiencing a dramatic "sky-high to earth-low" reversal.

*ST Wingtech hit its daily limit down during trading, experiencing a dramatic "sky-high to earth-low" reversal.
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