Moonshot’s Kimi Disrupts US-China Tech Lead Race

Excerpt from TheStreet: “Warren Buffet sums up new Federal Reserve Chairman Kevin Warsh in two words:  “Good choice.” But wait. There’s more. First, a very short history lesson. President Donald Trump nominated Warsh in January to replace Jerome Powell as the head of the world’s largest central…”

Excerpt from Bloomberg: “Kenneth Jeyaretnam, the leader of Singapore’s opposition Reform Party, has died. He was 67.”

Excerpt from Bloomberg: “Oil loading at the Caspian Pipeline Consortium’s terminal on Russia’s Black Sea coast was halted after a drone strike.”

Excerpt from Bloomberg: “Austria will open a police station in the building where Adolf Hitler was born in 1889, aiming to end decades of public debate on how to prevent it from becoming a pilgrimage destination for far-right extremists.”

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Excerpt from Bloomberg: “At least one person was killed in what Ukraine’s foreign minister called the largest ballistic missile barrage aimed at Kyiv since the start of the Russia’s invasion more than four years ago.”

Excerpt from Bloomberg: “Andy Burnham will ditch plans for a government-issued digital ID for all British adults in a “reset of priorities” when he becomes prime minister on Monday.”

Excerpt from Bloomberg: “President Volodymyr Zelenskyy is turning to a technocratic energy executive with no cabinet experience or political ties as his prime minister to prepare Ukraine to survive another winter of war.”

Excerpt from Bloomberg: “The US and Iran engaged in another wave of tit-for-tat attacks, signaling no let-up after strikes by the Islamic Republic killed two American service members in Jordan on Friday.”

Excerpt from Bloomberg: “Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities and sent global tech stocks reeling.”

Excerpt from Bloomberg: “India’s top private banks are betting on a sustained pick up in lending after reporting healthy numbers in the first quarter of the fiscal year, as more companies shift away from pricier bond market borrowings to cheaper loans.”

Excerpt from Bloomberg: “Jingye Steel Co. has reserved all legal rights, including international arbitration, over the UK government’s nationalization of British Steel.”

Excerpt from Bloomberg: “The Monetary Authority of Singapore has held talks with investment firms on reducing taxes for fund managers in a bid to maintain the island’s competitiveness and retain talent, the Financial Times reported.”

Excerpt from Bloomberg: “South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the forex market and bring the currency closer to full convertibility.”

Excerpt from Bloomberg: “The official death toll from the twin earthquakes that struck Venezuela last month rose to 5,119, according to National Assembly head Jorge Rodríguez.”

Excerpt from TheStreet: “Warren Buffett has been making the same argument about market downturns for decades. He doesn't dress it up. His position is that bad news in financial markets is good news for investors who are prepared. "Bad news is an investor's best friend," he has said, The Motley Fool…”

Excerpt from Bloomberg: “For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks.”

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Excerpt from Bloomberg: “A Cuban dissident and artist arrived in Miami in an unusual prisoner release by the island’s authorities, as Cuba faces an economic pressure campaign by President Donald Trump’s administration.”

Excerpt from TheStreet: “Apple isn't just counting on customers to keep buying iPhones. It also expects them to keep paying every month long after they've bought one. While Apple built its reputation selling cutting-edge devices, its fastest-growing profit engine has become Services, the business that…”

Excerpt from Bloomberg: “The US launched fresh strikes on Iran Saturday, a day after two American service members were killed in Jordan by Iranian missile and drone attacks.”

Excerpt from TheStreet: “In any competitive market, there comes a time when the field thins out. When that happens, of course, the strongest players quietly start doing the math. That moment is slowly arriving for T-Mobile US Inc. (TMUS). In the span of a few weeks, two of its rivals have made moves…”

Excerpt from Bloomberg: “At an event in Beijing earlier this year, some of China’s top artificial intelligence leaders warned that the country remained meaningfully behind the US in developing cutting-edge AI models, with one executive arguing that “the gap may actually be widening.””

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Excerpt from GitHub: “Multi-platform SDK for integrating GitHub Copilot Agent into apps and services”

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