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Saudi Aramco Expands Gas Output With $1B Infrastructure Deal, June 14
Saudi Aramco awards $1.04 billion gas compression plant contract and signs service agreement as part of strategy to boost gas output by 80% by 2030.
Gold Falls to 7-Month Low as Interest Rates Weigh, June 15
Gold falls to $4,022 per troy ounce, lowest since November, as rising interest rates shift investor demand away from precious metals.
Canada Post Cuts Door Delivery for 485,000 Homes in 2027
Canada Post converts 485,000 addresses to community mailboxes by 2027, saving CAD 400 million annually through a five-year plan.
Hong Kong Civil Service Gets 2% Raise, June 15
Hong Kong civil service receives 2% pay raise. Unions claim it’s a pay cut versus inflation. New performance review system launches October 2026.
RBA Tipped to Hold Rates as Banks Split on 2027 Cuts, June 14
RBA expected to hold rates at 4.35% on June 18. Three major banks forecast 2027 rate cuts, but Westpac warns of potential August-September hikes.
Japan Company Name Changes Hit Record 19,656 in 2025, June 14
19,656 Japanese companies changed names in fiscal 2025, a record high. Service sector led the shift with long-term sales growth potential.
Sleep Number Files Chapter 11, Stock Crashes 40%, June 14
Sleep Number files Chapter 11 bankruptcy; Sleep Country Canada bids $415M for assets. Stock crashes 40% to $0.39.
Rubio Defends Hormuz Blockade as India Protests Sailor Deaths, June 14
Rubio defends Hormuz blockade after India protests deaths of three Indian sailors in U.S. strikes on Iranian oil shipments.
RBA Expected to Hold Rates as Three Major Banks Forecast 2027 Cuts, June 14
RBA expected to hold rates as ANZ, CBA, and NAB forecast cuts in 2027. Westpac predicts hikes. Unemployment at 4.3%.