U.S. President Donald Trump has declared the ceasefire with Iran over, with Washington conducting fresh strikes on Iran.
Trump also criticized NATO allies for not spending enough on defense, particularly singling out Spain, threatening to cut off trade with the country.
What you need to know today
The U.S. ceasefire with Iran, which resembled Schrödinger's cat for a while, now seems definitively dead.
At the NATO summit, Trump signaled he was no longer interested in reaching a deal with Iran.
U.S. forces launched additional strikes, and Trump's comments and U.S. strikes sent key indexes sliding as oil prices rose.
Apple expanded its partnership with Broadcom, while South Korean AI chip firm Rebellions is targeting an IPO in the first or second quarter of next year.
— Lim Hui Jie
