South Korean President gave the green light to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation. https://www.cnbc.com/2024/06/03/south-koreas-yoon-approves-exploration-of-vast-oil-gas-prospects-off-the-coast.html
The U.S. is seeking to end the war through a cease-fire proposal backed by President Biden, while also joining talks this weekend to reopen the route for aid into Gaza from Egypt. https://www.wsj.com/articles/u-s-presses-two-lane-diplomacy-on-gaza-facing-road-bumps-in-both-c3093c56
Trump, who once tried to ban TikTok, joined the social-media platform and posted a 13-second clip of himself at an Ultimate Fighting Championship event in Newark, N.J. https://www.wsj.com/tech/donald-trump-joins-tiktok-years-after-trying-to-ban-the-app-431b5cad
Autodesk said it won’t restate financial results after an investigation into its accounting practices that found executives at the design-software firm shifted some charges and payments to affect results. https://www.wsj.com/business/c-suite/autodesk-wont-restate-financial-results-following-accounting-probe-2e771890
In Taipei and Singapore, Sen. Dan Sullivan looks to quell foreign leaders’ fears that the U.S. won’t stand by its allies if Trump wins. https://www.wsj.com/articles/a-gop-hawk-tries-to-reassure-a-world-on-edge-about-trump-54775091
Matt Murray, former editor in chief of The Wall Street Journal, and Robert Winnett of Telegraph Media Group will take on top newsroom roles. https://www.wsj.com/articles/washington-post-replaces-executive-editor-sally-buzbee-dd2cdcbf
Columbia University in New York City has allowed yet another anti-Israel encampment to form on its campus after police had to be called in last month to clear out-of-control agitators that managed to take over a building on campus. The school said the encampment formed Friday evening – just in time for alumni weekend. As…
Beijing’s defense minister attempted to assuage fears of confrontation between the Chinese and American militaries a day after the U.S. defense chief did the same, as the sides attempt to manage bilateral tensions. https://www.wsj.com/world/asia/chinas-defense-chief-turns-down-temperature-on-tensions-with-u-s-df5d1b92
A private gauge of China’s factory activity expanded at a faster clip in May, contrasting with the official index’s unexpected slide into contraction. https://www.wsj.com/articles/china-caixin-pmi-signals-faster-manufacturing-growth-67d91c61
A California-based renewable energy company plans to clear thousands of protected Joshua trees in the Mojave Desert to make way for a solar project that will generate electricity for nearly 180,000 homes in coastal neighborhoods instead of the impacted communities, according to reports. The Los Angeles Times reported that the company, Avantus, is planning to…