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Vedanta Plans $5.2B Refinancing After Credit Upgrades, June 11
Vedanta Resources plans $5.2 billion refinancing of bonds and loans after S&P and Moody’s upgrades. Net debt fell to $4.9 billion as of March 2026.
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.
UK Eases Steel Tariffs After Industry Warnings, June 10
UK government considers easing steel tariffs as construction and manufacturing warn of cost spikes. New measures begin July 1, 2026.
JB Sentral Train Services Suspended for RTS Link Work, June 11
JB Sentral train services suspend June 11 for RTS Link construction. Shuttle buses replace rail service between Kempas Baru and JB Sentral.
Germany’s Health Reform Sparks Mass Protests, June 10
Germany’s health reform plan faces nationwide protests from 8,000+ workers. Doctors and hospitals warn of patient care cuts and staff shortages.
Two Men Jailed for Stabbing Petrol Station Worker Over Meal Deal
Daniel Davis and John Wilson jailed for stabbing BP petrol station worker five times in Darlington robbery sparked by meal deal dispute.
UK Small Firms Face New P&L Filing Rules From April 2028
Small UK companies must file P&L accounts from April 2028 under Companies House reforms. Two million firms affected; public disclosure optional.
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.