BAC-PN News Today: Stay Updated with the Latest Bank of America Corporation News in Real Time
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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.
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.
RBI Secures 50% of Addiko Shares in Takeover Bid, June 11
RBI secures 50.42% acceptance for Addiko takeover at 26.50 EUR per share. NLB rival bid at 33.50 EUR. Acceptance ends July 22, 2026.
Bihar Withdraws ₹3,662 Crore From Contingency Fund for Pensions, June 11
Bihar cabinet withdraws ₹3,662 crore from contingency fund for social security pensions amid opposition concerns over fiscal management.
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.
RBA Rate Cut Expected as Banks Reverse Hike Forecasts, June 11
CBA and NAB forecast RBA rate cuts in 2027 after economic weakness prompts reversal of hike predictions. Cash rate expected at 3.35% through 2026.
Princess Madeleine Turns 44, Returns to Swedish Royal Duties
Princess Madeleine celebrates 44th birthday with new palace portrait, returning to full-time royal duties and child protection advocacy.
CRA Account Breach Settlement Offers Up to $5,000 Payout, June 10
CRA breach settlement offers Canadians up to $5,000 compensation. Eligible if you had a CRA account in 2020. Claim from $8 million payout fund.
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.