China stocks extend declines with bond yields hitting record lows as PBOC reportedly signals rate cuts

The Oklahoma City Thunder clinched their first NBA championship since relocating from Seattle, defeating the Indiana Pacers 103-91 in Game 7 of the Finals, led by Shai Gilgeous-Alexander's 29 points and 12 assists. Despite losing star Tyrese Haliburton to injury early on, the Pacers put up a fight but ultimately fell short, marking the Thunder's remarkable season with 84 total wins. Need More Context? 🔎

Israel's alleged nuclear weapons program has remained shrouded in secrecy, with suspicions that it was the first Middle Eastern country to obtain nuclear capabilities, despite Prime Minister Netanyahu's claims of not introducing nuclear arms to the region. Experts believe Israel possesses around 90 plutonium-based warheads, developed in response to perceived threats from neighboring states, particularly during its early years following the Holocaust. Need More Context? 🔎

Demonstrators globally protested against President Donald Trump's strike on Iranian nuclear facilities, with notable gatherings in France, Pakistan, Greece, and the Philippines. This military action marked a significant escalation in the ongoing conflict between Iran and Israel. Explain It To Me Like I'm 5: People in many countries are upset because President Trump decided to attack Iran, and they are going out to show they don't like it. Need More Context? 🔎

Pierre Hermé Paris has opened its first-ever flagship store in Southeast Asia at Resorts World Sentosa, featuring a full-service restaurant and the unique Furoshiki Stand. Exclusive to Singapore, the store will offer a signature pastry, with further details available through CNA Lifestyle. Need More Context? 🔎

The Australian Competition and Consumer Commission has approved a 13.3% increase in stamp prices for ordinary small letters, raising the cost from $1.50 to $1.70, with a final decision pending from Communications Minister Anika Wells. This increase, set to take effect on July 17, is a response to declining letter volumes, although Australia Post continues to thrive in online shopping and parcel delivery. Need More Context? 🔎

A shooting at CrossPointe Community Church in Wayne, Michigan, on Sunday left one person injured and the alleged gunman dead after being shot by church staff and a parishioner. The 31-year-old suspect, armed with a tactical vest and firearms, opened fire outside the church, prompting chaos among the approximately 150 attendees; the motive remains unclear. Need More Context? 🔎