
CNA938 Rewind - Stock take today: Tariff clock ticking, steady earnings, bull case for Asia
CNA938 Rewind - Russia-Ukraine peace talks restart in Turkiye amid latest strikes
On the Morning Report, Andrea Heng and Hairianto Diman track the latest developments from the second round of direct ceasefire talks between Russian and Ukrainian officials in the Turkish city of Istanbul as US President Donald Trump threatens to walk away if both countries are too stubborn to reach a peace deal. They speak with Dr Sonia Mycak, Research Fellow, Centre for European Studies, Australian National University
15 mins
CNA938 Rewind - Stock take today: Tariff clock ticking, steady earnings, bull case for Asia
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with Rajiv Batra, Head of Asia and Co-Head of Global Emerging Markets Equity Strategy, JPMorgan
12 mins
CNA938 Rewind - Big Tech back in fashion on the S&P 500 – how high is the climb?
Slightly eased tensions between the US and its trade partners have helped to patch tech earning wounds, with the Magnificent Seven outperforming the S&P 500 on the back of continued demand for tech services. Andrea Heng and Hairianto Diman asl Kyle Rodda, Senior Financial Market Analyst, Capital.com what investors are keeping an eye on as things play out.
13 mins
CNA938 Rewind - #TalkBack: Is it illegal to hold on to your streaming set-top box?
Singapore recently saw its second prosecution of someone selling illegal streaming devices here. Mr Wang Yue, the owner of Ace Technologies – a company that sold illegal streaming devices at Sim Lim Square, has been jailed six months for the charges pressed on him, and his business was fined $181,000. Lance Alexander and Daniel Martin discuss further with James Ow Yong, Director of Fortress Law Corporation.
27 mins
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Mexico seen renewing its approval for Nippon Steel-US Steel tie-up Thursday, sources say
WASHINGTON/MEXICO CITY : Mexico's antitrust watchdog is expected to renew its approval of Nippon Steel's fraught $14.9-billion bid for U.S. Steel as soon as Thursday, according to three people familiar with the matter, removing one of the last remaining hurdles to the tie-up. Cofece, as the regulator is known, gave the merger a green light previously, the people said, declining to be named as the matter was not public. Mexican approval of the proposed acquisition, first announced in December 2023, has since expired and must be renewed for the merger to proceed. Cofece did not immediately respond to requests for comment. U.S. Steel and Nippon Steel declined to comment. The news, which has not been previously reported, comes as investors wait anxiously for President Donald Trump to give final approval of an agreement to assuage any U.S. national security concerns. Trump technically has until Thursday to sign it. The tie-up faced obstacles from the start, with both former President Joe Biden and Trump asserting last year that U.S. Steel should remain U.S.-owned, as they sought to woo voters ahead of the presidential election in Pennsylvania, where the company is headquartered. Biden blocked the deal in January on national security grounds, prompting lawsuits by the companies, which argued the national security review they received was biased. The Biden White House disputed the charge. The steel companies saw a new opportunity in the Trump administration, which began on January 20 and opened a fresh 45-day national security review into the proposed merger in April. But Trump's public comments, ranging from welcoming a simple "investment" in U.S. Steel by the Japanese firm to floating a minority stake for Nippon Steel, spurred confusion. On Friday, at a rally in Pennsylvania, Trump lauded an agreement between the companies and said Nippon Steel would make a "great partner" for U.S. Steel. But he later told reporters the deal still lacked his final approval, leaving unresolved whether he would allow Nippon Steel to take ownership.


CNA
an hour ago
- CNA
Putin Rejects Full Ukraine Ceasefire, Says Kyiv Would Use Truce to Rearm and Launch Attacks
MOSCOW: Russian President Vladimir Putin on Wednesday (Jun 4) dismissed the possibility of a full ceasefire in Ukraine, asserting that Kyiv would exploit any pause in hostilities to rearm and mobilize. "Why reward them by giving them a break from the combat, which will be used to pump the regime with Western arms, to continue their forced mobilisation and to prepare different terrorist acts?" Putin said during a televised government meeting. At recent peace talks in Istanbul, Ukraine proposed an unconditional 30-day truce. In response, Russia presented demands including Ukraine's full withdrawal from four regions—Donetsk, Luhansk, Zaporizhzhia, and Kherson—that Moscow claims to have annexed. Putin also accused Ukraine of orchestrating "terrorist" attacks on bridges in Russia's border regions over the weekend, including one that caused a train derailment, killing seven people. Ukraine has not claimed responsibility for the incident. Russia proposed a short, two to three-day ceasefire to allow both sides to retrieve the bodies of fallen soldiers. However, Russian Foreign Minister Sergei Lavrov stated that Kyiv rejected this proposal. "I believe this is simply a gross mistake on the part of the regime in Kyiv," Lavrov said. Despite the stalemate, Russia's top negotiator, Vladimir Medinsky, confirmed that Moscow is prepared to proceed with a large-scale prisoner exchange agreed upon in Istanbul, scheduled for June 7 to 9. Ukrainian President Volodymyr Zelenskyy indicated that the first phase would commence this weekend. Zelenskyy has dismissed Russia's ceasefire proposal as an ultimatum and reiterated his call for direct talks with Putin, emphasizing the need for a ceasefire ahead of any potential summit involving US President Donald Trump and Turkish President Recep Tayyip Erdoğan.

Straits Times
an hour ago
- Straits Times
Trump says he spoke to Putin about Ukraine drone attacks, Iran
US President Donald Trump (left) had a phone conversation with Russian leader Vladimir Putin on June 4. PHOTO: AFP Trump says he spoke to Putin about Ukraine drone attacks, Iran WASHINGTON - US President Donald Trump said on June 4 that he discussed the recent drone attacks by Ukraine on Russia and developments concerning Iran in a telephone conversation with Russian President Vladimir Putin. During the conversation, Mr Putin told Mr Trump that Russia will have to respond to the Ukrainian drone attacks, the US president said. "It was a good conversation, but not a conversation that will lead to immediate Peace," he said, in a Truth Social post. "I stated to President Putin that Iran cannot have a nuclear weapon and, on this, I believe that we were in agreement." REUTERS US President Donald Trump said he had enjoyed a 'good conversation' with his Russian counterpart, but not one that would lead to immediate peace in Ukraine. SCREENSHOT: X Join ST's Telegram channel and get the latest breaking news delivered to you.