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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.
Japan’s Housing Loans Face Pressure as Bank of Japan Raises Rates to 1.0%, June 11
Bank of Japan raises rates to 1.0% on June 15. Fixed mortgage rates climb to 3.21%, while variable rates remain vulnerable to future increases.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.
Belfast Knife Attack Sparks Anti-Immigrant Riots, June 10
Sudanese man charged with attempted murder after knife attack in Belfast. Police deploy 200 extra officers as riots erupt.
Texas Teen Karmelo Anthony Sentenced to 35 Years for Murder, June 10
Karmelo Anthony, Texas teen, convicted of murder and sentenced to 35 years for fatally stabbing Austin Metcalf at a Frisco track meet in April 2025.
Bank of Japan Raises Rates to 1.0% on June 15, First Hike in 31 Years
Bank of Japan raises policy rate to 1.0% on June 15, the first hike in six months and highest level since 1995, aiming to control inflation.
FTSE 100 Dips 44.98 Points (-0.44%) to 10,182.35 as Oil Falls and Treasury Yields Rise
The FTSE 100 ended the trading session lower, falling 44.98 points, or 0.44%, to close at 10,182.35. The decline came as falling oil prices and rising U.S. Treasury yields created headwinds for investors across global financial markets. The UK’s benchmark index faced pressure from energy stocks and other interest rate-sensitive sectors. Investors remained cautious as…
Global Stocks Slide as Tech Sell-Off Deepens; Brent Crude Climbs to $91.78 Amid U.S.-Iran Tensions
Global financial markets are under pressure again. We are seeing a broad Tech Sell-Off that is dragging major stock indices lower across the world. At the same time, oil prices are climbing fast. Brent crude has moved up to $91.78 per barrel, driven by rising geopolitical tensions between the U.S. and Iran. Investors are now…