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SNS Fraud Scheme Nets 41 Arrests, 650M Yen in Losses, June 11
Osaka police arrest 41 for SNS fraud impersonating influencers, defrauding 2,300 people of 650 million yen through fake side-job courses.
S&P 500 Falls 1.62% as Chip Stocks Plunge, Iran Tensions Rise
S&P 500 fell 1.62% to 7,266.99 on June 9 as chip stocks plunged and Iran tensions spiked. CPI inflation hit 4.2% annually, raising rate hike concerns.
Zambia Unlocks $275M for Power Grid With Historic Debt Buyback, June 11
Zambia completes $1.36 billion debt buyback, freeing $275 million for power grid upgrades after 2020 default restructuring.
Macron Chairs G7-China Trade Talk on Economic Imbalances, June 11
Macron chairs G7-China video call on trade imbalances. Discussion includes IMF and emerging economies. G7 summit follows in Evian next week.
RBI Secures 50% of Addiko Shares in Takeover Bid, June 11
RBI secures 50.42% acceptance for Addiko takeover at 26.50 EUR per share. NLB rival bid at 33.50 EUR. Acceptance ends July 22, 2026.
UK Eases Steel Tariffs After Industry Warnings, June 10
UK government considers easing steel tariffs as construction and manufacturing warn of cost spikes. New measures begin July 1, 2026.
NSW Inquiry Into Ivan Milat’s Suspected 80-100 Murders, June 11
NSW parliament launches inquiry into Ivan Milat’s suspected 80-100 murders. Police and victim groups question the probe’s credibility and purpose.
Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10
Germany launches 15-year aviation strategy with €2B SAF support. Eurowings adjusts routes amid regional challenges.
ASX Blue-Chip Stocks Plunge $60B in Value Over 12 Months, June 11
CSL, Cochlear, WiseTech and Xero have fallen 60% in 12 months, losing $60 billion in combined market value on the ASX.