President Trump said other U.S. presidents never took an approved, high-difficulty cognitive test and that he scored 30 out of 30, a result he called "extremely high intelligence."

China composite PMI 50.5 in May, up from 50.1.

The three-day 23rd Shangri-La Dialogue ended in Singapore today. Attention focused on a US-China leaders' meeting and their agreement to pursue a "constructive strategic stability" in relations. ASEAN Secretary-General Kao Kim Hourn said that means strategic competition should not preclude cooperation on shared interests and must not escalate into conflict, a stance ASEAN considers crucial. Singapore Defence Minister Ng Eng Hen said the leaders' meeting set the tone and direction for bilateral ties and provides a firm basis to advance US-China relations.