Trump said PULTE's appointment as acting director of national intelligence is a short-term arrangement and that he could be highly effective in the near term.

Tianchen Bio (01779.HK) opened 50.22% higher on its Hong Kong debut. IPO priced at HKD 96.06 per share and was oversubscribed more than 4,700 times. Yesterday’s grey-market trading closed up 57.09%.

Russian Foreign Minister Lavrov said at the St. Petersburg International Economic Forum on June 4 that Moscow has updated its Gulf security concept and submitted it to the Gulf Cooperation Council (GCC) and Iran, and is awaiting responses. The proposal affirms a non‑aggression principle and calls for consultations to: sign an agreement to increase military transparency and constrain military actions and exercise preparations; and adopt a package of confidence‑building measures. Deputy Foreign Minister Ryabkov said on June 1 that Russia has prepared the concept and is ready, via diplomatic channels, to assist any subsequent U.S.‑Iran agreement.