Global X - Semiconductor ETF
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URTH Hits Record $204.93 as RSI Signals Overbought Territory, May 31
URTH hits record $204.93 with RSI at 94.6 (overbought). Tech concentration at 29.62% and dividend cut loom as Fed meets June 17.
Flight Attendants Celebrated on International Day, June 01
Flight attendants are trained safety officers and first responders. Major carriers like American and Delta accept less than 1% of applicants.
US, UK, Australia Launch Undersea Drone Project Under Aukus, May 31
US, UK, Australia develop underwater drones under Aukus to protect undersea cables from sabotage. UK contributes £150m. Deliveries start 2027.
Australia’s Battery Boom Cuts Power Outages and Energy Bills, June 01
Australia installed 415,000 household batteries since July, reducing electricity prices by 10% and cutting power outages significantly.
Fed Chair Warsh Takes Office as Inflation Persists Above 4%, May 31
New Fed Chair Kevin Warsh takes office as inflation exceeds 4%. The Fed may hike rates in 2026 if inflation worsens.
RBI Revives Plastic Banknote Plan as Printing Costs Surge, May 31
RBI revives plastic banknote plan to reduce printing costs and improve durability. Pilot project for ₹10 and ₹20 notes expected soon.
Hegseth Calls Asian Allies to Boost Defense Spending Against China, May 31
Defense Secretary Hegseth urges Asian allies to increase military spending against China’s regional buildup at Singapore defense summit.
African Development Bank Backs Reform Push at May 31 Summit
African Development Bank governors endorse financial reform agenda at 2026 Annual Meetings in Brazzaville to mobilize capital across Africa.
Victoria’s Ebola Scare Cleared at Royal Melbourne Hospital, May 31
Victoria’s suspected Ebola case tested negative. Patient was hospitalized at Royal Melbourne Hospital under strict isolation protocols.