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Trump says Iran must make peace or "we will go after" other targets
U.S. President Donald Trump said on Saturday that Iran must now make peace or "we will go after" other targets in Iran after U.S. strikes that he said "obliterated" Iranian nuclear sites.
"There will be either peace or there will be tragedy for Iran far greater than we have witnessed over the last eight days," Trump said in a nationally televised speech at the White House.
Trump says Iran must make peace or "we will go after" other targets
U.S. President Donald Trump said on Saturday that Iran must now make peace or "we will go after" other targets in Iran after U.S. strikes that he said "obliterated" Iranian nuclear sites.
"There will be either peace or there will be tragedy for Iran far greater than we have witnessed over the last eight days," Trump said in a nationally televised speech at the White House.
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BP shortlists former Centrica chief Laidlaw as potential chair, Sky News reports:
BPĀ BP.Ā is considering Sam Laidlaw, the former chief executive of British Gas owner CentricaĀ CNA, as a leading candidate to succeed Helge Lund as chair, Sky News reported on Saturday.
The timing and status of Laidlaw's engagement with BP remain unclear, the report said.
Ken MacKenzie, who retired as chair of mining group BHPĀ BHPĀ earlier this year, has also been approached about the role, Sky News added.
BP declined to comment.
Lund was re-elected in April with sharply reduced support amid pressure from activist investor Elliott Management and criticism from climate-focused shareholders, some of whom had called for a vote against Lund.
Nearly 25% of BP shareholders opposed Lund's re-election at the annual general meeting.
BP subsequently announced he would step down, likely in 2026. Board member Amanda Blanc is in charge of finding Lund's successor.
#Binance
BP shortlists former Centrica chief Laidlaw as potential chair, Sky News reports:
BPĀ BP.Ā is considering Sam Laidlaw, the former chief executive of British Gas owner CentricaĀ CNA, as a leading candidate to succeed Helge Lund as chair, Sky News reported on Saturday.
The timing and status of Laidlaw's engagement with BP remain unclear, the report said.
Ken MacKenzie, who retired as chair of mining group BHPĀ BHPĀ earlier this year, has also been approached about the role, Sky News added.
BP declined to comment.
Lund was re-elected in April with sharply reduced support amid pressure from activist investor Elliott Management and criticism from climate-focused shareholders, some of whom had called for a vote against Lund.
Nearly 25% of BP shareholders opposed Lund's re-election at the annual general meeting.
BP subsequently announced he would step down, likely in 2026. Board member Amanda Blanc is in charge of finding Lund's successor.
#Binance
#FollowmeBainaceComunite
Pope Leo urges politicians to respond to challenges posed by AI:
Pope Leo warned politicians on Saturday of the challenges posed by the rise of artificial intelligence (AI), addressing its potential impact on younger people as a prime concern.
Speaking at an event attended by Italian Prime Minister Giorgia Meloni and parliamentary delegations from 68 countries, Leo revisited a topic that he has raised on a number of occasions during the first few weeks of his papacy.
"In particular, it must not be forgotten that artificial intelligence functions as a tool for the good of human beings, not to diminish them or even to replace them," Leo said at an event held as part of the Roman Catholic Jubilee or Holy Year.
AI proponents say it will speed up scientific and technological progress and help people to carry out routine tasks, granting them more time to pursue higher-value and creative work.
In a statement, Meloni said she would treasure the teachings of the pope who also condemned the gulf between the richest and poorest in society in his comments.
"Italy will continue its efforts, both nationally and internationally, to ensure that the development of AI is governed by humans and has the wellbeing of humans as its ultimate goal," she said.
The U.S.-born pontiff said attention was needed to protect "healthy, fair and sound lifestyles, especially for the good of younger generations."
He noted that AI's "static memory" was in no way comparable to the "creative, dynamic" power of human memory.
"Our personal life has greater value than any algorithm, and social relationships require spaces for development that far transcend the limited patterns that any soulless machine can pre-package," he said.
Leo, who became pope in May, has spoken previously of the threat posed by AI to jobs and has called on journalists to use it responsibly.
#PopeLeoXIV
Pope Leo urges politicians to respond to challenges posed by AI:
Pope Leo warned politicians on Saturday of the challenges posed by the rise of artificial intelligence (AI), addressing its potential impact on younger people as a prime concern.
Speaking at an event attended by Italian Prime Minister Giorgia Meloni and parliamentary delegations from 68 countries, Leo revisited a topic that he has raised on a number of occasions during the first few weeks of his papacy.
"In particular, it must not be forgotten that artificial intelligence functions as a tool for the good of human beings, not to diminish them or even to replace them," Leo said at an event held as part of the Roman Catholic Jubilee or Holy Year.
AI proponents say it will speed up scientific and technological progress and help people to carry out routine tasks, granting them more time to pursue higher-value and creative work.
In a statement, Meloni said she would treasure the teachings of the pope who also condemned the gulf between the richest and poorest in society in his comments.
"Italy will continue its efforts, both nationally and internationally, to ensure that the development of AI is governed by humans and has the wellbeing of humans as its ultimate goal," she said.
The U.S.-born pontiff said attention was needed to protect "healthy, fair and sound lifestyles, especially for the good of younger generations."
He noted that AI's "static memory" was in no way comparable to the "creative, dynamic" power of human memory.
"Our personal life has greater value than any algorithm, and social relationships require spaces for development that far transcend the limited patterns that any soulless machine can pre-package," he said.
Leo, who became pope in May, has spoken previously of the threat posed by AI to jobs and has called on journalists to use it responsibly.
#PopeLeoXIV
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š Vietnam will legalize digital assets starting January 1, 2026
š¤ The new āDigital Technology Lawā officially recognizes crypto and virtual assets, giving the government power to regulate the market and set rules for companies in the space
š A big step for Southeast Asiaās crypto scene, frens
#PEPEåøå¼č¶ č¶LTC
š Vietnam will legalize digital assets starting January 1, 2026
š¤ The new āDigital Technology Lawā officially recognizes crypto and virtual assets, giving the government power to regulate the market and set rules for companies in the space
š A big step for Southeast Asiaās crypto scene, frens
#PEPEåøå¼č¶ č¶LTC
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Belarus' Lukashenko meets with US envoy Kellogg, Belta reports:
Belarusian president Alexander Lukashenko met with U.S. special envoy Keith Kellogg, Belarusian state news agency Belta reported on Saturday.
Lukashenko discussed with Kellogg the political situation in the world and the bilateral relations between Belarus and the United States, Belta reported.
#belarusian
Belarus' Lukashenko meets with US envoy Kellogg, Belta reports:
Belarusian president Alexander Lukashenko met with U.S. special envoy Keith Kellogg, Belarusian state news agency Belta reported on Saturday.
Lukashenko discussed with Kellogg the political situation in the world and the bilateral relations between Belarus and the United States, Belta reported.
#belarusian
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Ukraine asks allies to allocate 0.25% of GDP to boost its weapon production:
President Volodymyr Zelenskiy has called on Ukraine's Western partners to allocate 0.25% of their GDP to helping Kyiv ramp-up weapons production and said the country plans to sign agreements this summer to start exporting weapon production technologies.
In remarks released for publication by his office on Saturday, Zelenskiy said Ukraine was in talks with Denmark, Norway, Germany, Canada, the United Kingdom, and Lithuania to launch joint weapon production.
#VolodymyrZelenskyy
Ukraine asks allies to allocate 0.25% of GDP to boost its weapon production:
President Volodymyr Zelenskiy has called on Ukraine's Western partners to allocate 0.25% of their GDP to helping Kyiv ramp-up weapons production and said the country plans to sign agreements this summer to start exporting weapon production technologies.
In remarks released for publication by his office on Saturday, Zelenskiy said Ukraine was in talks with Denmark, Norway, Germany, Canada, the United Kingdom, and Lithuania to launch joint weapon production.
#VolodymyrZelenskyy
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Russia's Sechin says China is moving towards exporting energy:
RosneftĀ ROSNĀ CEO Igor Sechin, one of the most influential men in Russia's energy sector, said on Saturday that China was seeking complete energy independence and that in the foreseeable future it could become a major energy exporter.
China's economic and military rise over the past 45 years is considered to be one of the most significant geopolitical events of recent times, alongside the 1991 fall of the Soviet Union which ended the Cold War.
Sechin said that a massive increase in electricity consumption was changing the entire landscape of the global energy markets as populations soared in Africa and Asia and the digital revolution triggered massive demand for power.
Speaking at the St. Petersburg International Economic Forum, Sechin said that China accounted for a third of global investment in the energy sector, was ramping up renewable energy capacity and was now one of the leaders in nuclear power.
"China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources," Sechin said in a speech which referenced both Greek mythology and Niccolo Machiavelli.
"There is no doubt, taking into account the persistence and professionalism of our Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter."
China is currently the world's largest importer of crude oil and a major importer of natural gas. Russia is the world's second largest oil exporter and holds the world's largest reserves of natural gas.
Sechin, who worked alongside Vladimir Putin in the former imperial capital of St Petersburg and later under the president in the Kremlin, has run Rosneft since 2012.
Rosneft accounts for about 40% of Russian oil production, 14% of the country's gas production and 32% of the refinery market. It is also the biggest Russian exporter of oil to China.
Russia's Sechin says China is moving towards exporting energy:
RosneftĀ ROSNĀ CEO Igor Sechin, one of the most influential men in Russia's energy sector, said on Saturday that China was seeking complete energy independence and that in the foreseeable future it could become a major energy exporter.
China's economic and military rise over the past 45 years is considered to be one of the most significant geopolitical events of recent times, alongside the 1991 fall of the Soviet Union which ended the Cold War.
Sechin said that a massive increase in electricity consumption was changing the entire landscape of the global energy markets as populations soared in Africa and Asia and the digital revolution triggered massive demand for power.
Speaking at the St. Petersburg International Economic Forum, Sechin said that China accounted for a third of global investment in the energy sector, was ramping up renewable energy capacity and was now one of the leaders in nuclear power.
"China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources," Sechin said in a speech which referenced both Greek mythology and Niccolo Machiavelli.
"There is no doubt, taking into account the persistence and professionalism of our Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter."
China is currently the world's largest importer of crude oil and a major importer of natural gas. Russia is the world's second largest oil exporter and holds the world's largest reserves of natural gas.
Sechin, who worked alongside Vladimir Putin in the former imperial capital of St Petersburg and later under the president in the Kremlin, has run Rosneft since 2012.
Rosneft accounts for about 40% of Russian oil production, 14% of the country's gas production and 32% of the refinery market. It is also the biggest Russian exporter of oil to China.
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Currency pairs of the Asian countries
These currencies are influenced by two major economies of the world ā China and Japan. These economic giants made substantial investments into the Asia-Pacific region that resulted in strong growth for many currencies, with some like JPY seen as a safe haven. And in this economy ā the safer the better.
#AsiaFinance
Currency pairs of the Asian countries
These currencies are influenced by two major economies of the world ā China and Japan. These economic giants made substantial investments into the Asia-Pacific region that resulted in strong growth for many currencies, with some like JPY seen as a safe haven. And in this economy ā the safer the better.
#AsiaFinance
#FollowMeForMoreInformation
ETFs with the biggest AUM growth
We've gathered ETFs showing the biggest monthly growth of assets under management. Find funds that are gaining traction and attracting capital ā check their price, change, NAV return, and more.
#ETFs. #AUM
ETFs with the biggest AUM growth
We've gathered ETFs showing the biggest monthly growth of assets under management. Find funds that are gaining traction and attracting capital ā check their price, change, NAV return, and more.
#ETFs. #AUM
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ETFs with largest assets under management
Assets under management show the market value of all instruments managed by a fund. We've sorted every ETF with the largest AUM, from $100M and higher
#ETFvsBTC
ETFs with largest assets under management
Assets under management show the market value of all instruments managed by a fund. We've sorted every ETF with the largest AUM, from $100M and higher
#ETFvsBTC
#FollowMeForMoreInformation
Toyota To Raise US Auto Prices By More Than $200 From July:
TOYOTA TO RAISE US AUTO PRICES BY MORE THAN $200 FROM JULY - BLOOMBERG NEWS
SOME TOYOTA- AND LEXUS-BRANDED MODELS WILL SEE PRICES RAISED BY AVERAGE OF $270 AND $208, RESPECTIVELY - BLOOMBERG NEWS
#RussiaCrypto
Toyota To Raise US Auto Prices By More Than $200 From July:
TOYOTA TO RAISE US AUTO PRICES BY MORE THAN $200 FROM JULY - BLOOMBERG NEWS
SOME TOYOTA- AND LEXUS-BRANDED MODELS WILL SEE PRICES RAISED BY AVERAGE OF $270 AND $208, RESPECTIVELY - BLOOMBERG NEWS
#RussiaCrypto
#FollowMeForMoreInformation
Iran's Isfahan nuclear site targeted by Israel, Iran's Fars news agency says:
Iran's Isfahan nuclear site was targeted by Israel, Iran's Fars news agency reported on Saturday, adding that there was no leakage of hazardous materials.
#IRANIANPRESIDENT
Iran's Isfahan nuclear site targeted by Israel, Iran's Fars news agency says:
Iran's Isfahan nuclear site was targeted by Israel, Iran's Fars news agency reported on Saturday, adding that there was no leakage of hazardous materials.
#IRANIANPRESIDENT
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Lloyds Metal Says Successfully Commissions 4 Mtpa Pellet Plant, 85 KM Slurry Pipeline:
Lloyds Metals And Energy LtdĀ ļæ¼LLOYDSME:
SAYS SUCCESSFULLY COMMISSIONS 4 MTPA PELLET PLANT, 85 KM SLURRY PIPELINE
Lloyds Metal Says Successfully Commissions 4 Mtpa Pellet Plant, 85 KM Slurry Pipeline:
Lloyds Metals And Energy LtdĀ ļæ¼LLOYDSME:
SAYS SUCCESSFULLY COMMISSIONS 4 MTPA PELLET PLANT, 85 KM SLURRY PIPELINE
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EnQuest to finalise $84 million Vietnam oilfield acquisition soon, CEO says:
UK explorer EnQuestĀ ENQĀ expects to complete the acquisition of Harbour Energy'sĀ HBRĀ business in Vietnam in the next month or two and plans to drill new wells to increase oil production there, CEO Amjad Bseisu said.
The $84 million acquisition is part of the North Sea-focused company's expansion outside its home market.
EnQuest will acquire just over a 53% equity interest in the Chim Sao and Dua production fields in Vietnam.
"We were excited about the asset there as we see development opportunities, and we also see some in-fill opportunities," Bseisu told Reuters earlier this week.
"So we'll be looking, once we take over, to investing in the field and trying to increase its productivity."
In offshore Peninsular Malaysia, the company is on track to start producing non-associated gas from the Seligi field next year, Bseisu said.
Daily gas production will be increased from 14,000-15,000 barrels of oil equivalent to 25,000 boe, he added.
The company, along with energy majors, is investing in gas exploration and production in Southeast Asia to meet rising power demand from growing populations and a proliferation of data centres in the region.
"Asia is our biggest growth engine now for gas," Bseisu said.
In Indonesia, EnQuest is part of a consortium awarded in April the production and sharing for Gaea and Gaea II blocks, which are near the BP-operatedĀ BP.Ā Tangguh LNG plant.
Bseisu said EnQuest's strategy in Indonesia is to try and find gas close to existing plants.
He added that domestic gas production is more attractive than liquefied natural gas (LNG) for governments as it creates revenue, jobs and expands the industry.
#MarketPullback
EnQuest to finalise $84 million Vietnam oilfield acquisition soon, CEO says:
UK explorer EnQuestĀ ENQĀ expects to complete the acquisition of Harbour Energy'sĀ HBRĀ business in Vietnam in the next month or two and plans to drill new wells to increase oil production there, CEO Amjad Bseisu said.
The $84 million acquisition is part of the North Sea-focused company's expansion outside its home market.
EnQuest will acquire just over a 53% equity interest in the Chim Sao and Dua production fields in Vietnam.
"We were excited about the asset there as we see development opportunities, and we also see some in-fill opportunities," Bseisu told Reuters earlier this week.
"So we'll be looking, once we take over, to investing in the field and trying to increase its productivity."
In offshore Peninsular Malaysia, the company is on track to start producing non-associated gas from the Seligi field next year, Bseisu said.
Daily gas production will be increased from 14,000-15,000 barrels of oil equivalent to 25,000 boe, he added.
The company, along with energy majors, is investing in gas exploration and production in Southeast Asia to meet rising power demand from growing populations and a proliferation of data centres in the region.
"Asia is our biggest growth engine now for gas," Bseisu said.
In Indonesia, EnQuest is part of a consortium awarded in April the production and sharing for Gaea and Gaea II blocks, which are near the BP-operatedĀ BP.Ā Tangguh LNG plant.
Bseisu said EnQuest's strategy in Indonesia is to try and find gas close to existing plants.
He added that domestic gas production is more attractive than liquefied natural gas (LNG) for governments as it creates revenue, jobs and expands the industry.
#MarketPullback
#FollowMeForMoreInformation
Taiwan central bank says US debt rising too fast may impact trust in Treasuries:
Taiwan's central bank governor warned on Saturday that rapidly rising U.S. debt could be "unfavourable" to the outlook for U.S. Treasuries and that U.S. President Donald Trump's trade policies have made investors cautious.
Taiwan's $593 billion in foreign exchange reserves are more than 80% made up of U.S. Treasury bonds, according to the central bank, which said earlier this month that Treasuries were "sound" and still favoured by investors. It added there were no worries about the dollar's position as the leading international reserve currency.
Governor Yang Chin-long, in a speech posted on the central bank's website, said Trump's repeated criticisms of the U.S. Federal Reserve's monetary policy have caused concerns about its independence.
"In addition, Trump 2.0's trade policy has made investors hesitant about holding U.S. Treasury bonds; Trump's budget, the 'One Big Beautiful Bill Act,' may cause U.S. debt to expand too quickly, which is unfavourable to the outlook for U.S. sovereign debt," he said.
"All of these have had a significant impact on the international monetary system centred on the U.S. dollar and based on U.S. creditworthiness."
Trump's sweeping tax-cut and spending bill is the centerpiece of his domestic agenda.
The bill would lead to a larger-than-expected $2.8 trillion increase in the federal deficit over the decade, despite a boost to U.S. economic output, the nonpartisan Congressional Budget Office projected on Tuesday.
Trump, in his first few weeks in office, also announced sweeping tariffs on a broad swathe of countries and trading partners, including Taiwan, only to pause them for 90 days in April to allow for talks to take place.
Yang said Trump had been hoping the tariffs could resolve the U.S. trade deficit.
"However, the tariff policy not only fails to solve the structural problems, it will also impact the U.S. economy, and threaten to further affect the outlook for global trade and the economy."
#taiwan
Taiwan central bank says US debt rising too fast may impact trust in Treasuries:
Taiwan's central bank governor warned on Saturday that rapidly rising U.S. debt could be "unfavourable" to the outlook for U.S. Treasuries and that U.S. President Donald Trump's trade policies have made investors cautious.
Taiwan's $593 billion in foreign exchange reserves are more than 80% made up of U.S. Treasury bonds, according to the central bank, which said earlier this month that Treasuries were "sound" and still favoured by investors. It added there were no worries about the dollar's position as the leading international reserve currency.
Governor Yang Chin-long, in a speech posted on the central bank's website, said Trump's repeated criticisms of the U.S. Federal Reserve's monetary policy have caused concerns about its independence.
"In addition, Trump 2.0's trade policy has made investors hesitant about holding U.S. Treasury bonds; Trump's budget, the 'One Big Beautiful Bill Act,' may cause U.S. debt to expand too quickly, which is unfavourable to the outlook for U.S. sovereign debt," he said.
"All of these have had a significant impact on the international monetary system centred on the U.S. dollar and based on U.S. creditworthiness."
Trump's sweeping tax-cut and spending bill is the centerpiece of his domestic agenda.
The bill would lead to a larger-than-expected $2.8 trillion increase in the federal deficit over the decade, despite a boost to U.S. economic output, the nonpartisan Congressional Budget Office projected on Tuesday.
Trump, in his first few weeks in office, also announced sweeping tariffs on a broad swathe of countries and trading partners, including Taiwan, only to pause them for 90 days in April to allow for talks to take place.
Yang said Trump had been hoping the tariffs could resolve the U.S. trade deficit.
"However, the tariff policy not only fails to solve the structural problems, it will also impact the U.S. economy, and threaten to further affect the outlook for global trade and the economy."
#taiwan
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BTS member Suga discharged from South Korean military service:
K-pop group BTS member Suga was discharged from the South Korean military on Saturday, the seventh and final member to complete the country's mandatory national service amid expectations of the band's comeback from a hiatus.
Suga finished his military tenure as a social service agent on Saturday with little fanfare as fans looked forward to his reunion with the rest of the band, a K-pop sensation since it started up in 2013.
"We confirm that Suga effectively completed his alternative service on June 18 by using his remaining leave. His official discharge date is June 21," BTS' label, Big Hit Music, said in a statement.
Unlike with his BTS bandmates, there was no public event planned to mark Suga's release because of overcrowding concerns.
The seven members of the group put their global music careers on hold in 2022 to begin their military service, starting with Jin in December that year. South Korea's mandatory national service can be for terms of up to 18 months.
Shortly after his official discharge, Suga posted a message on fan community platform Weverse, saying he was "sorry for the disappointment and concern caused by what happened last year", and also apologizing to his bandmates.
Last year, Suga was fined 15 million won ($11,500) by a court for drunk driving while on an electric scooter.
The group is expected to hold its largest-ever world tour in 2026, an NH Securities entertainment analyst said in a report.
#BTSUSDT
BTS member Suga discharged from South Korean military service:
K-pop group BTS member Suga was discharged from the South Korean military on Saturday, the seventh and final member to complete the country's mandatory national service amid expectations of the band's comeback from a hiatus.
Suga finished his military tenure as a social service agent on Saturday with little fanfare as fans looked forward to his reunion with the rest of the band, a K-pop sensation since it started up in 2013.
"We confirm that Suga effectively completed his alternative service on June 18 by using his remaining leave. His official discharge date is June 21," BTS' label, Big Hit Music, said in a statement.
Unlike with his BTS bandmates, there was no public event planned to mark Suga's release because of overcrowding concerns.
The seven members of the group put their global music careers on hold in 2022 to begin their military service, starting with Jin in December that year. South Korea's mandatory national service can be for terms of up to 18 months.
Shortly after his official discharge, Suga posted a message on fan community platform Weverse, saying he was "sorry for the disappointment and concern caused by what happened last year", and also apologizing to his bandmates.
Last year, Suga was fined 15 million won ($11,500) by a court for drunk driving while on an electric scooter.
The group is expected to hold its largest-ever world tour in 2026, an NH Securities entertainment analyst said in a report.
#BTSUSDT
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Japan scraps US meeting after Washington demands more defense spending -FT:
Japan has canceled a regular high-level meeting with its key ally the United States after the Trump administration demanded it spend more on defense, the Financial Times reported on Friday.
Secretary of State Marco Rubio and Defense Secretary Pete Hegseth had been expected to meet Foreign Minister Takeshi Iwaya and Defense Minister Gen Nakatani in Washington on July 1 for the annual 2+2 security talks.
But Tokyo scrapped the meeting after the U.S. asked Japan to boost defense spending to 3.5% of gross domestic product, higher than an earlier request of 3%, the newspaper said, citing unnamed sources familiar with the matter.
Japan's Nikkei newspaper reported on Saturday that PresidentĀ Donald Trump'sĀ government was demanding that its Asian allies, including Japan, spend 5% of GDP on defense.
A U.S. official who asked not to be identified told Reuters that Japan had "postponed" the talks in a decision made several weeks ago. The official did not cite a reason. A non-government source familiar with the issue said he had also heard Japan had pulled out of the meeting but not the reason for it doing so.
State Department spokesperson Tammy Bruce said she had no comment on the FT report when asked about it at regular briefing. The Pentagon also had no immediate comment.
Japan's embassy in Washington did not respond to a request for comment. The nation's foreign and defense ministries and the Prime Minister's Office did not answer phone calls seeking comment outside business hours on Saturday.
The FT said the higher spending demand was made in recent weeks by Elbridge Colby, the third-most senior Pentagon official, who has also recently upset another key U.S. ally in the Indo-Pacific by launching a review of a project to provide Australia with nuclear-powered submarines.
#JapanCrypto
Japan scraps US meeting after Washington demands more defense spending -FT:
Japan has canceled a regular high-level meeting with its key ally the United States after the Trump administration demanded it spend more on defense, the Financial Times reported on Friday.
Secretary of State Marco Rubio and Defense Secretary Pete Hegseth had been expected to meet Foreign Minister Takeshi Iwaya and Defense Minister Gen Nakatani in Washington on July 1 for the annual 2+2 security talks.
But Tokyo scrapped the meeting after the U.S. asked Japan to boost defense spending to 3.5% of gross domestic product, higher than an earlier request of 3%, the newspaper said, citing unnamed sources familiar with the matter.
Japan's Nikkei newspaper reported on Saturday that PresidentĀ Donald Trump'sĀ government was demanding that its Asian allies, including Japan, spend 5% of GDP on defense.
A U.S. official who asked not to be identified told Reuters that Japan had "postponed" the talks in a decision made several weeks ago. The official did not cite a reason. A non-government source familiar with the issue said he had also heard Japan had pulled out of the meeting but not the reason for it doing so.
State Department spokesperson Tammy Bruce said she had no comment on the FT report when asked about it at regular briefing. The Pentagon also had no immediate comment.
Japan's embassy in Washington did not respond to a request for comment. The nation's foreign and defense ministries and the Prime Minister's Office did not answer phone calls seeking comment outside business hours on Saturday.
The FT said the higher spending demand was made in recent weeks by Elbridge Colby, the third-most senior Pentagon official, who has also recently upset another key U.S. ally in the Indo-Pacific by launching a review of a project to provide Australia with nuclear-powered submarines.
#JapanCrypto
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Malaysia keeps antidumping duties on some Chinese, Japanese iron, steel:
Malaysia said on Saturday it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and non-alloy steel more than 1,300 mm wide.
But the trade ministry said it would terminate anti-dumping duties on imports from South Korea and Vietnam on Monday.
#MalaysiaCrypto #PowellVsTrump
Malaysia keeps antidumping duties on some Chinese, Japanese iron, steel:
Malaysia said on Saturday it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and non-alloy steel more than 1,300 mm wide.
But the trade ministry said it would terminate anti-dumping duties on imports from South Korea and Vietnam on Monday.
#MalaysiaCrypto #PowellVsTrump
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List of the best cryptocurrenciesĀ to invest in June 2025:
BitcoinĀ ā Decentralized peer-to-peer cryptocurrency
EthereumĀ ā The leading blockchain for smart contracts
XRPĀ ā Highly efficient digital currency
SolanaĀ ā High-performance blockchain platform for smart contracts
BNBĀ ā A popular cryptocurrency utilized in the Binance ecosystem
UniswapĀ ā The biggest DEX on Ethereum
AptosĀ ā Highly scalable blockchain with Move smart contracts
SkyĀ ā A key decentralized finance project
ZcashĀ ā Privacy coin based on zero-knowledge technology
ChainlinkĀ ā The leading decentralized oracle network
SuiĀ ā Scalable blockchain with Move smart contracts
WorldĀ ā A digital currency for the AI era
#BestInvestmentAdvice #SparkBinanceHODLerAirdrop #
List of the best cryptocurrenciesĀ to invest in June 2025:
BitcoinĀ ā Decentralized peer-to-peer cryptocurrency
EthereumĀ ā The leading blockchain for smart contracts
XRPĀ ā Highly efficient digital currency
SolanaĀ ā High-performance blockchain platform for smart contracts
BNBĀ ā A popular cryptocurrency utilized in the Binance ecosystem
UniswapĀ ā The biggest DEX on Ethereum
AptosĀ ā Highly scalable blockchain with Move smart contracts
SkyĀ ā A key decentralized finance project
ZcashĀ ā Privacy coin based on zero-knowledge technology
ChainlinkĀ ā The leading decentralized oracle network
SuiĀ ā Scalable blockchain with Move smart contracts
WorldĀ ā A digital currency for the AI era
#BestInvestmentAdvice #SparkBinanceHODLerAirdrop #
#FollowMeForMoreInformation
July 2025: LUNC Prediction
Our market analysis anticipates a negative trend for Terra Classic in July. The forecasted price range is betweenĀ $āÆ0.00002896Ā andĀ $āÆ0.00005688Ā for an average monthly price ofĀ $āÆ0.00003326. Investors could experience a potential gain ofĀ 49.64%Ā if shorting LUNC at current prices.
#Lunc2TheMoonSoon
July 2025: LUNC Prediction
Our market analysis anticipates a negative trend for Terra Classic in July. The forecasted price range is betweenĀ $āÆ0.00002896Ā andĀ $āÆ0.00005688Ā for an average monthly price ofĀ $āÆ0.00003326. Investors could experience a potential gain ofĀ 49.64%Ā if shorting LUNC at current prices.
#Lunc2TheMoonSoon
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