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German Chancellor Merz: (Regarding Trump's remarks) will raise the issue of Germany and Europe increasing their contributions to NATO at next week's NATO summit.

2026-07-03

German Chancellor Merz: (Regarding Trump's remarks) will raise the issue of Germany and Europe increasing their contributions to NATO at next week's NATO summit.

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2026-07-03

South Korean government is studying development of a domestic AI foundation model and plans to expand AI data center capacity, targeting 8.4 GW by 2029 and a further 10 GW by 2035, ChosunBiz reports.

South Korean government is studying development of a domestic AI foundation model and plans to expand AI data center capacity, targeting 8.4 GW by 2029 and a further 10 GW by 2035, ChosunBiz reports.
2026-07-03

China International Capital Co (CICC) says June US nonfarm payrolls rose 57k, below consensus, indicating a cooling in employment acceleration. After downward revisions the three‑month average gain remains 111k, showing continued labor‑market expansi

China International Capital Co (CICC) says June US nonfarm payrolls rose 57k, below consensus, indicating a cooling in employment acceleration. After downward revisions the three‑month average gain remains 111k, showing continued labor‑market expansion; unemployment fell to 4.2% while labor‑force participation declined, consistent with firm demand and tighter supply and limited overall unemployment pressure. CICC maintains a call that the report gives the Fed room to wait, so it expects neither a rate hike nor a cut this year. Medium term, CICC attributes recent job gains more to an AI‑investment led cyclical recovery than to short‑lived factors; if AI drives sustained aggregate demand expansion, the Fed could resume hiking next year.
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