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Bank of Japan Raises Rates to 1%, Highest Level Since 1995, June 13
Bank of Japan raises policy rate to 1.0% on June 16—highest since 1995—amid inflation pressures from energy crisis and global monetary tightening.
DAX Index Rises 0.23% on Iran Peace Deal Hopes, June 13
DAX rises 0.23% on Iran ceasefire hopes as oil falls below $90. Germany’s 2026 growth forecast cut to 0.5% amid geopolitical risks.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Dollar-Yen Hits 160.59 as BOJ Prepares 1% Rate Hike, June 13
Dollar-yen rises to 160.59 as BOJ prepares 1% rate hike while FOMC holds steady. Geopolitical easing supports yen. Watch central bank messaging.
Biel Power Outage Cuts City June 12, Hospitals Unaffected
Biel power outage on June 12 caused by equipment failure at Mett substation. Most areas restored within 48 minutes. No injuries reported.
Labor’s CGT and Negative Gearing Reforms Reshape Australian Tax System, June 13
Labor’s 2026 Budget replaces the 50% CGT discount with inflation indexation and a 30% minimum tax on capital gains from July 2027.
ASX 200 Jumps 2% on Iran Peace Deal Hopes, June 13
ASX 200 rallies 2% to 8,804 on Iran peace deal hopes and falling RBA rate-hike odds. Materials and consumer stocks lead. RBA decision Tuesday.
SpaceX Stock Surges 19% on Record $75B IPO Debut, June 13
SpaceX IPO surges 19% to $160.95, raising record $75B. Stock valued at $2.1T with strong technical momentum and investor confidence in growth.
India Caps Diesel Sales, Raises Excise Tax Relief on Petrol June 13
India caps diesel sales at 200 litres daily per outlet and exempts ethanol blends E22-E30 from excise duty to curb hoarding and promote clean fuel.