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Western Asset Intermediate Muni Fund Inc.

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Billionaire Gerko Loses £22.5M Tax Battle at UK Supreme Court, June 17
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Billionaire Gerko Loses £22.5M Tax Battle at UK Supreme Court, June 17

Alex Gerko loses UK Supreme Court tax battle, ordered to pay £22.5 million on deferred trading profits from GSA Capital Partners.

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Oil Crashes to 15-Week Low as Iran Peace Deal Reopens Strait of Hormuz, June 17
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Oil Crashes to 15-Week Low as Iran Peace Deal Reopens Strait of Hormuz, June 17

WTI crude hits 15-week low as US-Iran deal permits Iran’s immediate oil sales and reopens the Strait of Hormuz, easing global supply concerns.

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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%
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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%

Open-weight AI just had its biggest week yet. On June 16, 2026, Z.ai, the Chinese AI startup previously known as Zhipu AI, unveiled GLM-5.2, a 753-billion-parameter open-weight model designed to handle complex coding and long-duration engineering workflows. GLM-5.2 outperforms GPT-5.5 on multiple coding benchmarks while costing roughly one-sixth as much to operate. The model is…

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Westpac CEO Anthony Miller Pushes Back on Banking Restrictions, June 17
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Westpac CEO Anthony Miller Pushes Back on Banking Restrictions, June 17

Westpac CEO Anthony Miller urges banks to regain advisory roles post-royal commission, while ASIC warns against rapid wealth market re-entry.

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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback

Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.

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Crypto Prices Today: Bitcoin Holds Near $65,608 Ahead of Fed Decision as Hyperliquid Hits Record High
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Crypto Prices Today: Bitcoin Holds Near $65,608 Ahead of Fed Decision as Hyperliquid Hits Record High

Bitcoin traded near $65,608 on June 17, 2026, as investors waited for the latest Federal Reserve policy decision, one of the most important events for financial markets this month. While the world’s largest cryptocurrency remained steady, Hyperliquid grabbed attention after its HYPE token surged to a new record high. The contrast highlights a market balancing…

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HDFC Bank Ltd (₹784.95) in Focus as HDFC AMC Launches ‘Growth for GOOD’ Portfolio Focused on ROCE & Earnings Growth
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HDFC Bank Ltd (₹784.95) in Focus as HDFC AMC Launches ‘Growth for GOOD’ Portfolio Focused on ROCE & Earnings Growth

HDFC Bank Ltd is back in the market focus after HDFC Asset Management Company introduced a new investment strategy called “Growth for GOOD”. The portfolio is designed around high-quality companies that show strong Return on Capital Employed (ROCE) and stable earnings growth. With HDFC Bank Ltd trading at ₹784.95, investors are closely tracking how this…

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Yes Bank Shares Jump 6.5% to Rs 25.45, Extend Gains to 4th Straight Session; Up 15% in 4 Days
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Yes Bank Shares Jump 6.5% to Rs 25.45, Extend Gains to 4th Straight Session; Up 15% in 4 Days

Yes Bank shares witnessed another strong trading session as the private sector lender continued its impressive upward momentum. The stock surged 6.5 percent to Rs 25.45, marking its fourth consecutive day of gains. Over the last four trading sessions, the banking stock has delivered an impressive 15 percent return, attracting significant attention from retail and…

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Kingboard Surges 20.5% as $1.5 Billion Stake Sale Meets a Fifth Price Hike of 2026
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Kingboard Surges 20.5% as $1.5 Billion Stake Sale Meets a Fifth Price Hike of 2026

Rarely does one stock get two reasons to rally at once. Kingboard just did. Kingboard Holdings stock surged 20.5% to reach HK$119.30 on June 17, 2026, after unveiling a large-scale stake monetization in its laminates subsidiary alongside a fresh round of product price increases. Kingboard’s shares ultimately closed up nearly 18% at HK$117.80, while sister…

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