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Royal Commission Overrules Albanese Government on Secret Evidence, June 18
Federal judge orders Albanese government to release ASIO evidence withheld from antisemitism royal commission inquiry.
Japan Stocks Hit Record High as Nikkei 225 Surges 1.75%; Ajinomoto and Murata Lead Gains
Japan’s equity market ended sharply higher, with Japan Stocks touching fresh record levels as global investors increased risk exposure. The Nikkei 225 rose 1.75% in a single session, driven by strong buying in technology, electronics, and food-related companies. Market sentiment stayed positive throughout the trading day, supported by strong corporate earnings outlook and steady foreign…
Allbirds Rebrands as Smartbird, Hires AWS Exec as CEO, June 18
Allbirds rebrands to Smartbird with AWS executive Nadia Carlsten as CEO. Stock surged 600% in April, then fell 77% since AI pivot announcement.
Fed Holds Rates at 3.5%-3.75%, Warsh Signals Hike Possible by Year-End, June 18
Fed holds rates at 3.5%-3.75% and signals possible hike by year-end under Chair Warsh. Nine members project rate increases in 2026.
Hancock Prospecting Cuts Jobs at Roy Hill Mine, June 18
Hancock Prospecting reduces Roy Hill workforce while developing Round Hill mine to sustain iron ore production above 63 million tonnes annually.
European Stocks Slip 0.2% as Warsh’s Hawkish Fed Debut Drowns Out US-Iran Peace Deal Optimism
The good news arrived first. The Fed’s reaction wiped it out. European shares had inched higher on June 17, with the STOXX 600 closing 0.5% higher in its fifth straight session of gains, as investors awaited the signing of the US-Iran peace deal scheduled for Friday. Then, under new Chair Kevin Warsh, the Federal Reserve…
Uttar Pradesh Crosses 2 GW Solar Milestone, Joins Elite States Club
Uttar Pradesh reaches 2 GW rooftop solar capacity, joining elite states. Growth driven by PM Surya Ghar Muft Bijli Yojana scheme.
IPO’s Today: SBI, Bank of Baroda Eye Multibagger Gains from NSE IPO OFS; LIC Holds Stake
The IPO market is once again in focus as the much-talked-about NSE initial public offering moves through its offer-for-sale phase. Major state-backed financial institutions like State Bank of India and Bank of Baroda are drawing attention as potential big winners from early investment in the exchange’s unlisted journey. At the same time, LIC has chosen…
Mondelez Stock Falls 2.1% as Fed Signals Rate Hike, June 18
Mondelez stock falls 2.1% to $60.87 after Fed rate hike signals, rising Treasury yields, and Russia controversy pressure the snack maker.