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US Debt Ceiling Hopes Boost Global Stocks to Monthly Highs

LONDON/SINGAPORE: Global shares hit a one-month high on Friday as markets reflected increased hopes of a US debt ceiling deal that could avoid a potentially calamitous default, according to Reuters. Europe’s STOXX 600 was up 0.7 percent, while e-mini futures for the S&P 500 rose 0.2 percent, following a 0.9 percent gain for the benchmark Wall Street index overnight. MSCI’s broadest index of global shares was up 0.2 percent, hitting its strongest level since mid-April and on course for its biggest weekly gain since late March.

Sudan Ceasefire Announced, Doubts Linger

The US announces a new 72-hour ceasefire - but similar moves have previously come to nothing.

Ghannouchi’s Arrest May Trigger Further Crackdowns in Tunisia

Opposition worried what President Kais Saied's next step will be with a number of opposition figures in prison.

Tunisian officials shut down Ennahdha opposition party HQ.

Move comes a day after party leader Ghannouchi was arrested in an ongoing crackdown on Tunisia's opposition.

Japan issues brief evacuation order due to North Korean missile

The Japanese government has since advised residents that the reported missile launch is no longer a threat.

US declares WSJ journalist was ‘unjustly held’ in Russia

Washington renews call for the immediate release of Evan Gershkovich, who is being held by Moscow on spying charges.

China’s Third Day of Live-Fire Drills Near Taiwan

Beijing's show of force comes in response to Taiwanese President Tsai Ing-wen's recent visit to the United States.

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