According to AXIOS, the Trump administration has lifted restrictions on OpenAI's GPT 5.6, and the US Department of Commerce has approved OpenAI's widespread release of GPT 5.6 models.

According to a report by Kim Ten, South Korean Finance Minister Gwaru Chol held an emergency meeting with the Governor of the Bank of Korea and heads of financial regulatory agencies to address the severe fluctuations in the South Korean stock market. The South Korean government will monitor risk factors to prevent market volatility from expanding. The South Korean government stated that the high concentration of the semiconductor industry is the core factor amplifying financial market volatility, and the transmission effect of fluctuations in the chip sector on the overall market is increasing.

The spot gold price has exceeded $4130 per ounce, with a intraday increase of 0.6%.

According to WSJ, the Trump government pressed Walmart, Kroger and Albertsons to reduce the price of beef. Wal Mart then announced that it would reduce the price of thousands of commodities, among which the price of ground beef would be reduced by up to 12%. Trump issued a document saying that Wal Mart should cut prices as required by the government, and called on other retailers to follow up. The price of ground beef in the United States increased by 12% year-on-year in May.

[College Student Profits from Issuing Virtual Currency and Rug Pull, Pleads Guilty in Second Trial and Receives Suspended Sentence] According to lawyer Liu Yang, a college student who was sentenced to 4 years and 6 months in prison in the first trial for profiting from issuing virtual currency and conducting a rug pull voluntarily pleaded guilty during the second trial. The student was ultimately granted a suspended sentence and released after the trial.