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JD.com-Backed Kai Bo Supermarket Hits 100 Stores, Launches 20% Discount June 11
Kai Bo Supermarket reaches 100 stores in Hong Kong under JD.com ownership with chain-wide 20% discount starting June 11 on all products.
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.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.
Bank of Japan Raises Rates to 1.0% on June 15, First Hike in 31 Years
Bank of Japan raises policy rate to 1.0% on June 15, the first hike in six months and highest level since 1995, aiming to control inflation.
Swiss Estate Planning Rules: What You Need to Know, June 10
Swiss estate planning, inheritance tax, and wealth transfer strategies for families. Plan your nachlass (estate) effectively.
Visa and Mastercard Win Preliminary Approval for $38 Billion Swipe Fee Settlement
Visa and Mastercard Win a significant legal victory after receiving preliminary approval for a proposed $38 billion swipe fee settlement. The agreement represents one of the largest antitrust settlements in U.S. history and could reshape the relationship between merchants, payment processors, and consumers. The settlement addresses long-standing disputes over interchange fees, commonly known as swipe…
FTSE 100 Dips 44.98 Points (-0.44%) to 10,182.35 as Oil Falls and Treasury Yields Rise
The FTSE 100 ended the trading session lower, falling 44.98 points, or 0.44%, to close at 10,182.35. The decline came as falling oil prices and rising U.S. Treasury yields created headwinds for investors across global financial markets. The UK’s benchmark index faced pressure from energy stocks and other interest rate-sensitive sectors. Investors remained cautious as…
Singapore Maid Agency Ordered to Pay S$1,558 for False Mandarin Claim, June 10
Singapore tribunal orders maid agency to pay S$1,558 compensation for falsely claiming domestic helper could speak Mandarin.
Global Stocks Slide as Tech Sell-Off Deepens; Brent Crude Climbs to $91.78 Amid U.S.-Iran Tensions
Global financial markets are under pressure again. We are seeing a broad Tech Sell-Off that is dragging major stock indices lower across the world. At the same time, oil prices are climbing fast. Brent crude has moved up to $91.78 per barrel, driven by rising geopolitical tensions between the U.S. and Iran. Investors are now…