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Consumer Price Index Jumps 4.2% in May, Strengthening the US Dollar and Pressuring Gold
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Consumer Price Index Jumps 4.2% in May, Strengthening the US Dollar and Pressuring Gold

A hotter inflation reading has once again become the center of attention for investors. The latest US inflation report showed that the Consumer Price Index rose 4.2% year over year in May, matching market forecasts and marking the highest inflation level since April 2023. The report triggered renewed debate about Federal Reserve policy, Treasury yields,…

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Kioxia Stock Plunges 7.8% on June 11 as Chip Rally Fizzles
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Kioxia Stock Plunges 7.8% on June 11 as Chip Rally Fizzles

Kioxia stock fell 7.8% to ¥70,500 on June 10 amid chip sector weakness and profit-taking after AI-driven rally.

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Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11
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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.

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NASA Selects Artemis III Crew for 2027 Lunar Test Mission, June 10
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NASA Selects Artemis III Crew for 2027 Lunar Test Mission, June 10

NASA names Artemis III crew: Randy Bresnik, Luca Parmitano, Frank Rubio, and Andre Douglas. 2027 mission precedes 2028 Moon landing.

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Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11
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Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11

Pentagon designates BYD, Alibaba, and Baidu as Chinese military companies. Stocks fall 1-3.6% as U.S. restricts defense contracts with the firms.

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NASA Names Artemis III Crew for 2027 Moon Test Mission, June 10
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NASA Names Artemis III Crew for 2027 Moon Test Mission, June 10

NASA names Artemis III crew: Commander Bresnik, Pilot Parmitano, and specialists Rubio and Douglas for 2027 moon lander test.

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FTSE 100 Edges Up 0.27% as Middle East Tensions Weigh, June 11
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FTSE 100 Edges Up 0.27% as Middle East Tensions Weigh, June 11

FTSE 100 rises 0.27% to 10,254.81 as markets balance deal optimism against US-Iran tensions and 4.2% US inflation. Oil near $91/barrel.

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Vedanta Plans $5.2B Refinancing After Credit Upgrades, June 11
📅 24 minutes ago

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.

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HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11
📅 33 minutes ago

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.

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