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• David Chao, Global Market Strategist–Asia Pacific at Invesco, identifies AI as both the primary market driver and a significant risk for the upcoming quarters. • The investment outlook for India is improving due to expanding corporate margins, strengthening earnings expectations, and a decrease in crude oil prices. • Despite relatively expensive valuations, Chao expects Indian equities to perform strongly in the second half of the year.

• J.P. Morgan reports that while the United States maintains its global leadership in the AI ecosystem, China is rapidly closing the gap. • China is gaining ground by developing cost-efficient AI models that are increasingly attractive for enterprise adoption. • Despite this competition, U.S. frontier models remain essential for high-level tasks including cybersecurity, scientific discovery, and large-scale reasoning.

• JP Morgan reports that while the United States remains the global leader in AI development, China is rapidly closing the gap by producing more cost-efficient models. • Chinese firms are gaining traction in corporate environments by offering AI systems with significantly lower operational costs than American competitors. • Despite this, US-developed frontier models remain essential for high-level applications, including cybersecurity, scientific discovery, and large-scale reasoning tasks.

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s inflation challenge is far from over and more Reserve Bank rate hikes remain on the cards, economists warn, even after a plunging petrol costs drove an unexpected fall in consumer price growth in the year to May.Annual inflation dropped to 4%, from 4.2% in the year to April, according to the Australian Bureau of Statistics, dragged down in large part thanks to a nearly 12% drop in fuel prices in the month of May. Continue reading...

Review shows majority of procedures offered alongside standard IVF not backed by reliable evidence Most IVF “add-on” treatments sold to people hoping to boost their chances of having children are not backed by reliable evidence, fail to boost fertility and may be a complete waste of money, the largest study of its kind has concluded.There has been a surge in extra procedures, medicines or techniques offered to patients in addition to standard IVF with bold claims they will increase the probability of success. Take-up is widespread, with more than 70% of IVF patients in the UK, Australia and New Zealand paying for one or more add-on during IVF treatment.Acupuncture – inserting thin needles into points on the body.Corticosteroids – medication to reduce inflammation and suppress immune system activity.Endometrial receptivity testing – a biopsy of the uterine lining to assess gene expression patterns.Intralipid infusion – a liquid containing fats that is administered into the blood.Intraovarian injection of platelet-rich plasma – injecting platelet-rich plasma into the ovaries.Intrauterine infusion of platelet-rich plasma – insertion of platelet-rich plasma into the uterus.Pre-implantation genetic testing for aneuploidy – a screening test to check whether embryos have the expected number of chromosomes.EmbryoGlue – an embryo transfer medium containing hyaluronic acid. The evidence review found it may increase the probability of pregnancy and live birth; however, the effect on live birthrates was not robust.Endometrial scratching – a minor procedure undertaken to scratch or disturb the lining of the uterus. The review found this may increase the probability of pregnancy and live birth.Physiological intracytoplasmic sperm injection (PICSI) – a technique used to select sperm based on their ability to bind to hyaluronic acid. There was weak evidence this may lower the risk of miscarriage. Continue reading...

• Jude Bellingham's exceptional performance against Croatia has solidified his position as a top candidate for England's No. 10 role during the 2026 World Cup. • Despite Bellingham's brilliance, manager Thomas Tuchel is emphasizing the equal importance of Cole Palmer's teammate, Cole Rogers, to the squad's tactical setup. • This internal debate highlights Tuchel's effort to balance superstar individual talent with specific systemic roles to optimize England's offensive output.

JD Vance says talks aim to ‘make progress on the nuclear issue, make progress on the Lebanon ceasefire issue’Middle East crisis – live updatesTalks between Iran and the US aimed at building out the fragile interim deal to end the war are due to get under way in Switzerland, beset by difficulties including an Iranian decision to keep the strait of Hormuz closed in protest at Donald Trump’s inability to force Israel to end the fighting in Lebanon.The US vice-president, JD Vance, leading the US delegation, said he was adding Lebanon to the agenda, which had originally been conceived to focus on the opening of the strait, the lifting of US sanctions on Iranian oil exports and the unfreezing of Iranian assets held overseas. Continue reading...