Iranian media, citing military sources, said it fired warning shots at a 'violating vessel' in the Strait of Hormuz several hours ago.

On June 26 at the 2026 China (Shenzhen) Integrated Circuit Summit, Wang Junjie, executive secretary-general of the China Semiconductor Industry Association, said China’s integrated-circuit industry in Q1 departed from normal cyclical behavior, with 2026 starting at a peak and shipments nearly flat with Q4 2025. Domestic IC manufacturing unusually led sector growth in Q1. Latest institutional estimates project the global semiconductor market could top $1.5 trillion this year. The industry nonetheless shows structural supply–demand imbalances: memory makers’ profits surged, foundry and packaging/test saw concurrent volume and price gains, while handset OEMs face margin pressure.

Federal Reserve's Kashkari said he expects one rate hike in 2026 and for policy rates to remain unchanged in 2027.