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India June services PMI (final) 57.4 vs expected 58.0, prior 57.3.

2026-07-03

India June services PMI (final) 57.4 vs expected 58.0, prior 57.3.

Other News
2026-07-03

After the latest US jobs report, President Trump declined to advise Fed chair Kevin Warsh, saying the new chair "must do what he must do." Trump said Warsh faces a "possibly somewhat hostile" board that may want "to do the wrong thing." He said he wi

After the latest US jobs report, President Trump declined to advise Fed chair Kevin Warsh, saying the new chair "must do what he must do." Trump said Warsh faces a "possibly somewhat hostile" board that may want "to do the wrong thing." He said he will continue efforts to remove Fed governor Cook by "winning lawsuits." Trump has long favored lower rates.
2026-07-03

South Korea’s Ministry of Science and ICT vice minister said on the 3rd the government is re-evaluating plans to build sovereign foundational AI models and will pursue large-scale projects focused on AI infrastructure, physical AI and autonomous mode

South Korea’s Ministry of Science and ICT vice minister said on the 3rd the government is re-evaluating plans to build sovereign foundational AI models and will pursue large-scale projects focused on AI infrastructure, physical AI and autonomous model capabilities. The government has raised its AI budget to 9.9 trillion won this year, about three times last year, targeting a top-three global AI ranking. Seoul plans to expand AI data-center capacity to 8.4 GW by 2029 and add a further 10 GW by 2035, and aims to lead the physical AI field by 2030 while advancing an AI-for-all program to give all citizens access to AI services. The ministry said on the 2nd there is no concrete decision yet to use excess semiconductor tax revenue to fund development of a MYTHOS-scale sovereign model.
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