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Dow Falls 1.4% as Iran Tensions Push Oil Above $91, June 11
Dow Jones, S&P 500, and Nasdaq fell as Trump Iran threats boosted oil to $91 and inflation hit 4.2%. Chip stocks led losses.
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.
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…
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.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 as chip stocks reverse gains. Nasdaq falls 0.97%. Oil prices fall 3-4% on Iran deal hopes. Meyka rates index C+.
China’s Factory-Gate Inflation Hits 3.9% in May, Highest Since 2022
China’s producer prices rose 3.9% in May to a 4-year high amid Iran tensions and AI demand, while consumer inflation lagged at 1.2%.