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Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11
Gold futures fell 3.6% to $4,133.30 after US-Iran tensions renewed inflation concerns and rate hike bets. Spot gold dropped 4.5% to $4,070.56.
Edelweiss Air Expands Namibia Flights From July 2026
Edelweiss Air boosts Namibia flights from July 2026. New route expansion reflects rising demand for African travel and improved regional connectivity.
Swedish King Carl Gustaf Marks 50th Wedding Anniversary, June 11
King Carl XVI Gustaf and Queen Silvia celebrate 50 years of marriage on June 11, 2026, after meeting at the 1972 Olympics.
Vedanta Plans $5.2B Refinancing After Credit Upgrades, June 11
Vedanta Resources plans $5.2 billion refinancing of bonds and loans after S&P and Moody’s upgrades. Net debt fell to $4.9 billion as of March 2026.
HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11
HSBC falls 3.6% as China tightens capital controls on Hong Kong offshore accounts, threatening wealth management business and mainland investor flows.
RBA Rate Cut Expected as Banks Reverse Hike Forecasts, June 11
CBA and NAB forecast RBA rate cuts in 2027 after economic weakness prompts reversal of hike predictions. Cash rate expected at 3.35% through 2026.
Nagaoka-Kyo Launches Parenting Support Program for New Fathers, June 11
Nagaoka-Kyo city offers parenting support classes for new fathers, featuring peer exchange and child development guidance through March 2027.
Shanghai Vice Mayor Chen Yujian Under Investigation for Corruption, June 11
Chen Yujian, Shanghai vice mayor, under investigation by China’s central discipline commission for serious violations since 2022.
South Africa Mass Shooting Kills 12 in Johannesburg, June 10
Mass shooting at Jumpers informal settlement in Cleveland, Johannesburg kills 12, injures 9. Police manhunt underway for suspects.