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India’s Gold Imports Surge 34% Despite Duty Hike to 15%, June 17
India’s gold imports hit $3.42 billion in May despite duty hike to 15%. Silver imports crashed 87%. Policy aims to ease current account pressure.
Nikkei 225 Hits Record 70,000 on BOJ Rate Hike, June 17
Nikkei 225 hits 70,020 intraday after BOJ rate hike to 1.0% and US-Iran peace deal. Closes at 69,404, up 0.13%. AI and semiconductor stocks surge.
Telus Stock Offers 9.6% Dividend Yield as Analysts Target 23% Upside
Telus stock at $16.46 CAD offers 9.6% dividend yield with $20.27 analyst target, suggesting 23% upside potential.
China’s Tungsten Ban Halts Japanese Chip Gas Makers, June 17
China’s tungsten export ban halts WF6 production, doubling prices and disrupting advanced chip manufacturing for Samsung, SK Hynix, and TSMC.
Gold Prices Rise 0.9% to $4,345 as Traders Weigh Geopolitical Easing and Policy Signals
Gold prices climbed 0.9% to $4,345 per ounce on June 16, 2026. The metal recently touched an intra-year low of $4,170 after peaking in late January before cooling through late March. Traders are now watching two forces simultaneously. US and Iranian diplomats continued revising a draft peace agreement at the end of May, though it…
SpaceX stock trades near $211.75 premarket, pushing valuation closer to $3 trillion
SpaceX stock continued its remarkable run on June 16, 2026, with shares trading near $211.75 in premarket activity. The surge has pushed the company’s market valuation closer to the $3 trillion milestone, only days after its historic Nasdaq debut. Investors remain focused on SpaceX’s leadership in space technology, Starlink’s growth, and future AI-driven opportunities. As…
HDFC Bank shares rally 6% in 5 sessions, hit ₹787.50 intraday as Nomura sees RBI FCNR(B) boost
HDFC Bank shares have gained nearly 6% in the last five trading sessions, reaching an intraday high of ₹787.50 on June 16, 2026. The rally comes after brokerage firm Nomura highlighted the bank as a key beneficiary of the Reserve Bank of India’s latest FCNR(B) deposit initiative. Investors are closely watching how this policy could…
Nigeria emerges as stablecoin leader with $59 billion in crypto inflows, IMF reports
Nigeria is making global headlines in the digital finance world. According to a recent IMF-backed report, the country received around $59 billion in crypto inflows between July 2023 and June 2024. This puts Nigeria among the most active crypto markets in the world. From the data, we see a clear trend. Stablecoins are no longer…
NASA and Loft Orbital Successfully Run Gemma 3 AI Model in Orbit to Summarize Earth Observation Data
The use of artificial intelligence in space exploration has entered a new chapter. In a major technological breakthrough, NASA and Loft Orbital successfully operated DeepMind’s Gemma 3 AI model in orbit, enabling the system to summarize Earth observation data directly from space. The achievement demonstrates how advanced AI can process large amounts of information closer…