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CBA Appoints Victoria Ledda as Group CIO, Stock Flat on June 20
Commonwealth Bank appoints Victoria Ledda as Group CIO and Rodrigo Castillo as Group CTO from July 1, 2026.
U.S. Mortgage Rates Fall to 6.47% as Iran Peace Deal Eases Inflation Fears, June 19
30-year mortgage rates fall to 6.47% on Iran peace deal and lower inflation concerns. 15-year rates at 5.81%.
Kroger Stock Falls 8% After Q1 Earnings Miss on Margin Pressure
Kroger stock fell 8% after Q1 earnings miss despite revenue beat. Gross margins compressed from diesel costs and price cuts; e-commerce profitable.
India Ranks Fourth in Global Air Force Power, June 20
India ranks fourth in global air force power. India joins Exercise Pitch Black 2026 with 18 nations to strengthen military capabilities.
Air New Zealand CEO Bets on AI as Tech Challenges Mount, June 20
Air New Zealand’s CEO pursues AI-powered airline strategy amid fuel costs and currency headwinds.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
US-Iran Peace Deal Signed at Versailles, June 19
US and Iran sign peace deal reopening Strait of Hormuz and ending military operations, with 60-day nuclear talks beginning.
Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.
ElevationSpace Raises ¥6.4B in Series B, Eyes Global Space Market
ElevationSpace secures ¥6.4B Series B funding for reentry satellite technology, bringing total funding to ¥10.1B for space-to-Earth cargo transport.