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US Budget Cutsin Financial Markets
4 hours ago

Trump's proposed policies focus on stricter immigration with higher costs and massive deportation funding, while his $893B budget shifts military spending toward drones over F-35s, sparking bipartisan concern over cuts.

Tencent-owned Supercell to launch titles like Clash Royale as WeChat mini games

South China Morning PostThursday, June 26, 2025 at 12:00:14 AM
Tencent-owned Supercell to launch titles like Clash Royale as WeChat mini games
Supercell, the Finnish studio behind hit mobile games like Clash Royale and Brawl Stars, is bringing its titles to WeChat as mini games—no download required. Brawl Stars is already live, and Clash Royale is coming in September. This move taps into WeChat’s massive Chinese audience, giving Supercell a direct line to millions of potential players.
Editor’s Note: This is a smart play for Supercell. WeChat isn’t just an app—it’s a digital lifeline in China, with over a billion users. By skipping app stores and going straight to mini games, Supercell removes friction for players and could see a huge spike in engagement. For Tencent (which owns Supercell), it’s another way to keep users glued to WeChat. Win-win.
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Latest from Financial Markets
University of Michigan
positiveFinancial Markets
The University of Michigan is crushing it in Money’s latest rankings, standing out as a top-tier school across the board. For in-state students, the estimated cost of a degree before financial aid kicks in is around $102,000—cheaper than about 650 other schools on the list. And with a 93% quality rating, it’s clear Michigan delivers both value and excellence.
Editor’s Note: If you’re weighing college options, Michigan’s strong rankings and relatively lower cost (for a top public school) make it a smart pick. This isn’t just about prestige—it’s a practical win for students who want quality without drowning in debt.
The Market Is Getting Back to Ignoring Iran
neutralFinancial Markets
The article suggests that financial markets are returning to their usual state of brushing off geopolitical tensions with Iran, despite lingering uncertainties. The tongue-in-cheek subhead hints at skepticism about whether U.S. policy shifts will meaningfully change this dynamic.
Editor’s Note: Markets have a short memory when it comes to Middle East volatility—they’ll price in a crisis, then move on. But the snarky tone here implies that beneath the surface, there’s still unease about whether stability is just an illusion. For investors, it’s a reminder that complacency can be risky when dealing with unpredictable regimes.
Trump wants more drones and missiles, fewer F-35s in $893 billion budget request
neutralFinancial Markets
Former President Trump is pushing for a shift in military spending, favoring an increase in drones and missiles while cutting back on the controversial F-35 fighter jet program. The proposed $893 billion budget reflects his preference for cost-effective, high-impact weapons over expensive, high-tech aircraft.
Editor’s Note: This isn’t just about dollars and cents—it signals a broader debate over how the U.S. should modernize its military. Drones and missiles are cheaper and increasingly pivotal in modern warfare, but critics argue cutting advanced jets like the F-35 could weaken air superiority. It’s a tug-of-war between pragmatism and traditional military dominance.
Meta poaches 3 OpenAI researchers for superintelligence project- WSJ
neutralFinancial Markets
Meta (formerly Facebook) has reportedly hired away three AI researchers from OpenAI to work on its own "superintelligence" project, according to The Wall Street Journal. This move signals Meta's aggressive push into advanced AI development, directly competing with OpenAI—a key player in the field.
Editor’s Note: The AI talent wars are heating up. Meta snagging OpenAI researchers isn’t just about filling jobs—it’s a power play in the race to build smarter, more capable AI systems. For tech watchers, it’s a sign that big players are doubling down on cutting-edge AI, which could accelerate breakthroughs (or intensify rivalries). For the rest of us, it’s a reminder that the future of AI isn’t just about tech—it’s about who’s building it.
Taiwan Dollar Hits Three-Year High on Fund Inflows, Repatriation
positiveFinancial Markets
The Taiwan dollar just hit its highest value in three years, thanks to a surge of foreign money flowing into the local stock market and a broader slump in the US dollar. Investors are either betting on Taiwan’s economic resilience or bringing cash back home—either way, the currency’s getting a boost.
Editor’s Note: A stronger Taiwan dollar isn’t just a number on a screen—it reflects confidence in the island’s economy, even amid global uncertainty. For businesses and consumers, it could mean cheaper imports or more purchasing power abroad, but exporters might feel the pinch. It’s also a sign of how global money moves ripple through smaller, trade-reliant economies like Taiwan’s.

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