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HSBC Stock Rises 3.1% Amid Middle East Debt Crisis Concerns, June 15
HSBC stock rises 3.1% to HK$142.80 as investors weigh Middle East debt exposure. The bank holds $400M in IFFCO loans amid regional credit concerns.
Altice France Sells SFR to Bouygues, Orange, Free for €20.4B, June 14
Altice France sells SFR to Bouygues, Orange, and Free for €20.4 billion, redistributing 20 million subscribers across France’s telecom market.
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.
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%.
Hong Kong Intern Doctor Fired for Accessing Patient Records, June 14
Hong Kong intern doctor fired for unauthorized patient record access. Police charged with dishonest computer use.
Monsoon Storms Trigger Power Outages Across India, June 14
Monsoon storms cause power outages across India. IMD issues red alerts for Delhi-NCR as thunderstorms disrupt electricity supply.
UK Negative Power Prices Surge as Renewable Energy Floods Grid, June 14
UK negative power prices occur when renewable energy generation exceeds grid demand, forcing operators to manage surplus capacity.
Canada Launches $3.2B Food Strategy to Lower Grocery Prices, June 13
Canada’s $3.2B food strategy lowers grocery prices through food hubs, competition enforcement, and domestic production support.
India Raises Onion Procurement Price to Rs 16.50/kg, June 14
India raises onion procurement price to Rs 16.50/kg under buffer stock programme. Farmers demand higher rates citing input costs.