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Lebanese presidency: US Vice President Vance and US Secretary of State Rubio, in calls with Lebanese President Aoun, reiterated US support for Lebanese state authority.

2026-06-23

Lebanese presidency: US Vice President Vance and US Secretary of State Rubio, in calls with Lebanese President Aoun, reiterated US support for Lebanese state authority.

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2026-06-23

South Korean and Japanese equities plunged after a sudden reversal in global AI sentiment and macro developments. In Seoul, Samsung Electronics fell 7.4% and SK Hynix dropped 10.1% intraday; the two memory-chip makers account for roughly half of KOSP

South Korean and Japanese equities plunged after a sudden reversal in global AI sentiment and macro developments. In Seoul, Samsung Electronics fell 7.4% and SK Hynix dropped 10.1% intraday; the two memory-chip makers account for roughly half of KOSPI market capitalization. KOSPI slid more than 9% intraday and triggered a 20-minute trading halt — the fourth such pause this year. In Tokyo, the Nikkei 225 fell over 3%, led by SoftBank and Kioxia, down about 10% and 14% respectively. Both markets had recently hit multiple record highs on AI optimism, progress in US–Iran talks and expectations of BOJ tightening; analysts warn the chip names’ rapid run-up has left valuations elevated and exposed to semiconductor cyclical risk.
2026-06-23

MOFCOM and eight other ministries issued measures to boost China’s auto after-market consumption, prioritizing upgrades in the car-rental sector. The plan calls for deeper integration between rental firms and the auto industry via centralized procure

MOFCOM and eight other ministries issued measures to boost China’s auto after-market consumption, prioritizing upgrades in the car-rental sector. The plan calls for deeper integration between rental firms and the auto industry via centralized procurement, buybacks, used-car dealerships and exports. Eligible car-rental companies and battery operators will be supported to receive loans interest subsidies. Authorities also encourage brand, chain and scale expansion of rental firms, wider small-passenger car rental networks, and service innovations such as cross-city returns, rent-to-own models and auto-rental insurance product development to reduce consumer car-use costs.
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