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A UK report says the risk that oil prices could climb to $100/bbl and remain elevated through 2028 has increased if the situation in Iran deteriorates further.

2026-06-05

A UK report says the risk that oil prices could climb to $100/bbl and remain elevated through 2028 has increased if the situation in Iran deteriorates further.

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2026-06-05

Foxconn's May sales rose 39.6% YoY to NT$859.4bn; two-month sales reached NT$1.69tln (US$53.6bn). Analysts' consensus projects Q2 revenue up about 32% YoY. Foxconn, a major assembler of NVIDIA accelerator servers and Apple iPhone/MacBook units, said

Foxconn's May sales rose 39.6% YoY to NT$859.4bn; two-month sales reached NT$1.69tln (US$53.6bn). Analysts' consensus projects Q2 revenue up about 32% YoY. Foxconn, a major assembler of NVIDIA accelerator servers and Apple iPhone/MacBook units, said its AI-server business is expected to expand sharply by 2026; server assembly has overtaken smartphones over the past year to become its largest revenue contributor, reflecting a global AI data-center buildout. Alphabet, Amazon, Meta and Microsoft have committed roughly US$725bn to AI spending this year, supporting demand, though concerns over potential overcapacity and AI monetization persist.
2026-06-05

India Q1 GDP rose 7.8% YoY, versus market expectations of 7.3%.

India Q1 GDP rose 7.8% YoY, versus market expectations of 7.3%.
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