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Market Indices Today: Sensex, Nifty Seen Opening Higher After GIFT Nifty’s 1.1% Surge
Sensex, Nifty 50 are expected to begin Friday’s trading session on a positive note after GIFT Nifty climbed around 255 points, or 1.1 percent, to trade near 23,455 in early deals. The strong indication suggests that the Nifty 50 could open well above Thursday’s closing level of 23,161.60, while the BSE Sensex is also likely…
Japan Postal Reform Law Advances: ¥65 Billion Support Package, June 12
Japan’s postal privatization law revised with 65 billion yen annual government support for rural post offices. First major update since 2012.
Japan’s Tax Credit Plan Targets Low-Income Workers, June 12
Japan’s refundable tax credit plan for low-income workers starts at 740,000 or 1.06 million yen income, prioritizing cash grants initially.
Social Security Ends Paper Checks by Year-End, June 11
Social Security stops mailing paper checks by December 31, 2026. Switch to direct deposit or prepaid debit cards before the deadline.
Australian Banks Cut Mortgage Rates as RBA Pauses, June 12
11 Australian lenders cut variable mortgage rates in June 2026. 40 lenders now offer rates below 6%. NAB flips forecast to predict RBA cuts in 2027.
Japan Postal Reform Law Passes June 11, Unlocks ¥65 Billion Support
Japan’s postal reform law clears parliament on June 11. Government will provide 65 billion yen yearly support to Japan Post to maintain local…
Halkbank Shares Rise 4% as U.S. DOJ Moves to Dismiss Sanctions-Evasion Case
Halkbank shares climbed about 4% on June 11, 2026, after the U.S. Department of Justice moved to dismiss a long-running sanctions-evasion case that has weighed on the Turkish lender for years. The legal battle, which began in 2019, has been closely watched by investors and policymakers on both sides of the Atlantic. With the case…
Oracle Beats Estimates but Shares Fall 10% on $40 Billion Financing and Higher Capital Spending Plans
Oracle delivered record numbers then watched its stock fall 10%. On June 10, 2026, Oracle Corporation (NYSE: ORCL) reported Q4 FY2026 results that beat Wall Street on every major line. Oracle reported adjusted earnings of $2.11 per share and total revenue of $19.18 billion for Q4 FY2026. This is against analyst expectations of $1.96 EPS…
Swiss Fixed-Rate Mortgages Face Upward Pressure, June 11
Swiss fixed-rate mortgage rates face upward pressure as 10-year rates reach 1.86%. Lower rates unlikely in coming months.