Calendar 2025
Katsumi Murouchi | Second | Getty Pictures
What a primary half of the yr it has been.
Within the first six months, the world noticed a (not so) new U.S. president within the Oval Workplace, mentioned president upend the worldwide commerce panorama, and a president in South Korea faraway from workplace.
Conflicts additionally broke out between India and Pakistan, in addition to Israel and Iran (together with a U.S. airstrike thrown into the combo.)
Chinese language AI startup DeepSeek made its debut, stealing ChatGPT’s thunder for some time, and elections passed off all over the world, together with in Germany, Australia, and even proper right here in sunny Singapore.
We’d simply need to name Billy Joel and get him to write down an entire new model of “We Did not Begin the Hearth.”
Regardless of such a rollercoaster experience up to now, market buyers, in response to most developments, appear to have adopted the U.Okay.’s mantra because it ready for conflict in 1939: Maintain calm and keep it up.
If we take a longer-term view, markets have delivered a good efficiency regardless of a risky first half. Just some stats: the S&P 500 and Nasdaq Composite closed at contemporary all-time highs Monday and are up about 5% yr up to now.
In Europe, the Stoxx 600 is up 6.7%, and in Asia, most main markets are in constructive territory, with Hong Kong and South Korea posting a whopping 20% achieve yr up to now.
Maintain calm and keep it up into the second half of the yr, buyers.
— Lim Hui Jie
What it’s essential to know as we speak
And eventually…
US President Donald Trump holds an Apple Inc. iPhone throughout an govt order signing within the Oval Workplace of the White Home in Washington, DC, US, on Friday, Could 23, 2025.
Samuel Corum | Bloomberg | Getty Pictures
Trump takes purpose at AT&T service weeks after Trump Cell licensing deal introduced
President Donald Trump criticized AT&T in consecutive Fact Social posts Monday, writing that the nation’s third-largest wi-fi service “must get its act collectively.”
The president wrote that he was making an attempt to carry a convention name with “religion leaders,” however that “AT&T is completely unable to make their tools work correctly.”
The back-to-back posts got here two weeks after the Trump Group introduced it had licensed the Trump title to a brand new wi-fi telephone service, Trump Cell, that additionally sells a $499 smartphone.
— Erin Doherty
