Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery 
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive 
Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test 
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review 
Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi 
Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Nissan Motor Co has suspended production in Russia for the first half of the business year that began April 1 due to bleak prospects of the situation improving, according to its CEO Makoto Uchida.
According to a spokesman, Uchida believes the situation could get more serious and prolonged.
The manufacturer has informed the staff and will keep an eye on the situation to lessen its effects.
Nissan stopped exports and production in Russia in March following Russia's invasion of Ukraine, increasing logistical risk as Western countries applied a number of economic penalties.
The disclosure occurred at a time when businesses throughout the world are being urged to sever their ties with Russia.
The lowest percentage among the Group of Seven countries, only 2.4% of Japanese businesses operating there have done so since the invasion started on February 24.
Renault SA, a Nissan alliance partner, withdrew from Russia in May due to growing criticism of its presence there.
