logo
While You Were Sleeping: 5 stories you might have missed, May 31, 2025

While You Were Sleeping: 5 stories you might have missed, May 31, 2025

Straits Times2 days ago

French President Emmanuel Macron delivering the keynote address at the IISS Shangri-La Dialogue on May 30. ST PHOTO: JASON QUAH
While You Were Sleeping: 5 stories you might have missed, May 31, 2025
Macron touts 'positive new' Asia-Europe alliance
French President Emmanuel Macron urged Asia and Europe to work together in a new coalition based on common principles to push back against the inevitability of being caught between global superpowers.
Singling out the China-US rivalry as the biggest risk confronting the world, the French leader said he wants to be able to cooperate with the US at the same time as compete with but not confront China – while adopting a 'demanding approach' that puts France's interests first.
In expanding on the French doctrines of 'strategic autonomy' and 'freedom of sovereignty' to a gathering of global leaders at a pre-eminent security forum in the Asia-Pacific, President Macron sketched out a plausible 'third way' for Europe and the rest of Asia amid significant shifts in the world order and a world beset by multiple crises.
'The time for non-alignment has undoubtedly passed, but the time for coalitions of action has come and requires that countries capable of acting together give themselves every means to do so,' Mr Macron said in his keynote address at the 22nd Shangri-La Dialogue on May 30.
READ MORE HERE
Trump says China has 'totally violated' tariffs, minerals deal
US President Donald Trump said on May 30 that China had violated an agreement with the US to mutually roll back tariffs and trade restrictions for critical minerals and issued a new veiled threat to get tougher with Beijing.
'China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr NICE GUY!,' Mr Trump said, in a post on his Truth Social platform.
Mr Trump said that he made a 'fast deal' in mid-May with Chinese officials for both countries to back away from triple-digit tariffs for 90 days. He said he did this to save China from a 'devastating' situation, factory closings and civil unrest caused by his tariffs of up to 145 per cent on Chinese imports.
READ MORE HERE
Black eye? That's just from my son, says Elon Musk
Billionaire Elon Musk sparked fevered speculation when he turned up with a black eye for his Oval Office farewell with US President Donald Trump on May 30.
But the South African-born tech magnate said he had a simple explanation: his son had punched him in the face.
'I was just horsing around with lil' X, and I said, 'go ahead punch me in the face',' 53-year-old Mr Musk told reporters when asked how he got the shiner. 'And he did. Turns out even a five-year-old punching you in the face actually is...' he added, before tailing off.
READ MORE HERE
Book-fair browser Zelensky picks up title: To Kill A Tyrant
Ukrainian President Volodymyr Zelensky and his wife browsed the stalls at a literary fair in Kyiv on May 30 and left with some new reading material - a book entitled To Kill A Tyrant.
Mr Zelensky, who has led his country throughout the three-year war with Russia, has repeatedly described Russian President Vladimir Putin as a dictator.
He did not reveal if he intended, with his book purchase, to send a message to his Kremlin counterpart.
READ MORE HERE
'My greatest dream': Taylor Swift buys back rights to old music
Pop sensation Taylor Swift, who was locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalogue, she said on May 30.
'All of the music I've ever made... now belongs... to me,' she wrote on her website, after years of disputes over her first six albums, a number of which she re-recorded to create copies she owns herself.
'To say this is my greatest dream come true is actually being pretty reserved about it,' she wrote in the letter to her devoted followers.
READ MORE HERE
Join ST's Telegram channel and get the latest breaking news delivered to you.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold prices climb on softer US dollar, Trump's fresh tariff threat
Gold prices climb on softer US dollar, Trump's fresh tariff threat

Business Times

time38 minutes ago

  • Business Times

Gold prices climb on softer US dollar, Trump's fresh tariff threat

[BENGALURU] Gold prices climbed on Monday (Jun 2)as US President Donald Trump threatened to double tariffs on imported steel and aluminium, while a weaker US dollar also supported greenback-priced bullion. Spot gold was up 0.6 per cent at US$3,309.89 an ounce, as at 0056 GMT. US gold futures also climbed 0.6 per cent to US$3,333.30. The US dollar index edged 0.1 per cent lower, making bullion less expensive for overseas buyers. Trump said on Friday that he plans to raise tariffs on imported steel and aluminium to 50 per cent from 25 per cent, prompting the European Commission to warn that Europe is prepared to retaliate. Geopolitical tensions escalated as Ukraine and Russia sharply ramped up the war with one of the biggest drone battles of their conflict, a Russian highway bridge blown up over a passenger train and an ambitious attack on nuclear-capable bombers deep in Siberia. Gold is considered as a safe-haven asset during geopolitical and economic uncertainty. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Meanwhile, Trump and Chinese President Xi Jinping are expected to speak soon to iron out trade issues including a dispute over critical minerals, according to Treasury Secretary Scott Bessent on Sunday. On Friday, the US Personal Consumption Expenditures Price index saw a year-on-year increase of 2.1 per cent in April, versus a 2.2 per cent forecast. Investors now see a 50-basis-point rate cut by the US Federal Reserve this year, starting in October. Fed governor Christopher Waller said that interest rate cuts remain possible later this year even as the Trump administration's tariff regime is likely to push up price pressures temporarily. Elsewhere, spot silver rose 0.2 per cent to US$33.04 an ounce, platinum was down 0.2 per cent at US$1,054.28 and palladium was steady at US$970.79. REUTERS

Saudi Arabia says Israel shows 'extremism' by blocking West Bank visit, Asia News
Saudi Arabia says Israel shows 'extremism' by blocking West Bank visit, Asia News

AsiaOne

time42 minutes ago

  • AsiaOne

Saudi Arabia says Israel shows 'extremism' by blocking West Bank visit, Asia News

AMMAN - Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud said the Israeli government's refusal to allow a delegation of Arab ministers into the occupied West Bank showed its "extremism and rejection of peace". His statement came during a joint press conference in Amman with counterparts from Jordan, Egypt and Bahrain, after they met as part of an Arab contact group that was going to meet Palestinian President Mahmoud Abbas in Ramallah. "Israel's refusal of the committee's visit to the West Bank embodies and confirms its extremism and refusal of any serious attempts for (a) peaceful pathway .. It strengthens our will to double our diplomatic efforts within the international community to face this arrogance," the Saudi minister said. On Saturday (May 31), Israel said it would not allow a planned meeting on Sunday that would have included ministers from Jordan, Egypt, Saudi Arabia, Qatar and the United Arab Emirates, Palestinian Authority officials said. Bin Farhan's visit to the West Bank would have marked the first such visit by a top Saudi official in recent memory. An Israeli official said the ministers intended to take part in a "provocative meeting" to discuss promoting the establishment of a Palestinian state. Jordan's Foreign Minister Ayman Safadi said blocking the trip was another example of how Israel was "killing any chance of a just and comprehensive" Arab-Israeli settlement. An international conference, co-chaired by France and Saudi Arabia, is due to be held in New York on June 17-20 to discuss the issue of Palestinian statehood. Egyptian Foreign Minister Badr Abdelatty said the conference would cover security arrangements after a ceasefire in Gaza and reconstruction plans to ensure Palestinians would remain on their land and foil any Israeli plans to evict them. Commenting on blocking the visit, Israeli Arab lawmaker Ayman Odeh said the Arab foreign ministers' delegation aimed to end the Gaza war, enhance the Palestinian Authority's role, and support a Saudi-French UN initiative to set up a roadmap for a Palestinian state Odeh told Saudi state-owned Al Arabiya Television that the Saudi-French initiative could lead to broader international recognition of a Palestinian state, a move he said contradicts Israeli government policy. According to Odeh, the Israeli government seeks to undermine the Palestinian Authority because it views it as the "nucleus of the Palestinian state." He said Israel blocked the Arab foreign ministers' visit because it could have helped strengthen the Palestinian Authority. Israel has come under increasing pressure from the United Nations and European countries that favour a two-state solution to the Israeli-Palestinian conflict, under which an independent Palestinian state would exist alongside Israel. [[nid:717970]]

New World Development drops after company to defer coupon payments
New World Development drops after company to defer coupon payments

CNA

time43 minutes ago

  • CNA

New World Development drops after company to defer coupon payments

HONG KONG :Shares of New World Development dropped as much as 9.8 per cent after the Hong Kong property developer said it would defer coupon payments scheduled for June on perpetual bonds, casting further liquidity concerns for the cash-strapped firm. The shares fell to HK$4.32 ($0.5508) each, their lowest since April 9. That compared to a 1.9 per cent fall in benchmark Hang Seng Index. ($1 = 7.8428 Hong Kong dollars)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store