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Macron Chairs G7-China Trade Talk on Economic Imbalances, June 11
Macron chairs G7-China video call on trade imbalances. Discussion includes IMF and emerging economies. G7 summit follows in Evian next week.
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.
SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut
SpaceX IPO priced at $135 per share on June 11, raising $75 billion at $1.75 trillion valuation. Nasdaq debut scheduled for June 12 under ticker SPCX.
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.
Agrola Closes All Swiss Hydrogen Stations by Year-End, June 10
Agrola closes three Swiss hydrogen stations by end of 2026 due to low demand, reflecting EV dominance in Europe’s clean transport strategy.
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.
Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10
Germany launches 15-year aviation strategy with €2B SAF support. Eurowings adjusts routes amid regional challenges.
ASX Blue-Chip Stocks Plunge $60B in Value Over 12 Months, June 11
CSL, Cochlear, WiseTech and Xero have fallen 60% in 12 months, losing $60 billion in combined market value on the ASX.