According to the Financial Times: Charlie Munger issues warning to banks struggling with commercial property debt.

According to RIA Novosti: The Russian Ministry of Defense said its troops occupied four blocks in the western part of the Bakhmut region.

India Meteorological Department: Heat waves are unlikely to occur in most parts of India in the next 5 days.

According to Kyodo News: The approval rate of the Japanese cabinet rose by 8.5 percentage points to 46.6%.

Market news: A gas leak occurred in the Jaspra area of Ludhiana, Punjab, India, resulting in 9 deaths and 11 hospitalizations.

Vestager, Vice President of the European Commission: We will reach a political agreement on the artificial intelligence bill this year.

Singapore Prime Minister Lee Hsien Loong: Inflation may ease in the second half of the year, and Singapore will avoid a full-scale economic contraction in 2023. The number of layoffs in the country remains manageable.

Arm, a subsidiary of SoftBank, is reported to have secretly submitted an IPO listing application to U.S. regulators. The company plans to raise $8 billion to $10 billion through the IPO.

According to the network status monitoring website DownDetector: User reports show that OpenAI has problems.

According to CNBC: Bank of America is also considering a bid for First Republic Bank.

Market news: The Federal Deposit Insurance Corporation of the United States has asked U.S. Bank to bid for First Republic Bank.

USGS: A 5.1-magnitude earthquake struck 146 kilometers east-northeast of Tual, Indonesia.

According to the Islamic Republic News Agency (IRNA): The Iranian President is scheduled to visit Damascus on Wednesday.

Ukraine will keep household gas prices unchanged until May 2024.

Egyptian Minister of Supply: Egypt is seriously considering paying for imported goods in its own currency, but no agreement has been reached.

Armenia and Azerbaijan will hold peace talks in the United States on Sunday.

Indian officials said that India will explore solutions to pay for Russian oil (import fees).

Turkish defense company Baykar plans to produce new air combat drones next year.

European Mediterranean Seismological Center: 5.1-magnitude earthquake hits Balleny Islands in southern New Zealand.

European Central Bank Governing Council Visco: Further monetary tightening may be required, and the ECB should proceed with caution and make decisions meeting by meeting.