Oil tumbles over 5% as U.S.-Iran pause sparks hopes for diplomatic breakthrough
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China chipmaker CXMT’s shares surge 470% in Shangai trading debut
The explosive debut makes CXMT the most valuable company listed in China.
The Straits Times

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Marcos faces nation at Sona as corruption crackdown hits Philippine growth
Philippine President Ferdinand Marcos Jnr heads into Monday’s State of the Nation Address facing a legacy-defining question: can he balance his anti-corruption drive with sustaining economic growth and the needs of ordinary Filipinos? The address, known locally as the Sona, opens
South China Morning Post Economy
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Nvidia in talks with OpenAI to guarantee $322b financing for data centre, WSJ reports
For OpenAI, the deal would be the first step towards controlling its own infrastructure instead of renting it.
The Straits Times