🚨TOP overnight NEWS

🔹MCDONALD’S CUTS PRICES – Combo meal costs lowered after $18 Big Mac backlash.

🔹$TRUMP HITS POWELL – Slams Fed chair, demands rate cuts, says “no inflation.”

🔹#CRYPTO EYES TREASURIES – Secretary Bessent sees industry as key buyer of US debt.

🔹CHIPS ACT SHAKE-UP – US may take equity stakes in funded chipmakers.

🔹ESTÉE LAUDER WARNS – Weak profit outlook, tariffs drag earnings.

🔹XIAOMI TAKES ON TESLA – Plans EV launch in Europe by 2027.

🔹NOVO NORDISK FREEZE – Global hiring halted to cut costs.

🔹BAIDU STRUGGLES – Revenue falls amid economic slowdown, tough AI fight.

🔹TEMASEK REVAMP – Eyes three-unit restructuring to boost returns.

🔹POP MART SOARS – Stock hits record on sales optimism, new Labubu toy.

🔹CHINA PHONE SLUMP – June shipments -9.3% Y/Y; Apple iPhones -31.3%.