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RBA Rate Cut Expected as Banks Reverse Hike Forecasts, June 11
CBA and NAB forecast RBA rate cuts in 2027 after economic weakness prompts reversal of hike predictions. Cash rate expected at 3.35% through 2026.
Princess Madeleine Turns 44, Returns to Swedish Royal Duties
Princess Madeleine celebrates 44th birthday with new palace portrait, returning to full-time royal duties and child protection advocacy.
CRA Account Breach Settlement Offers Up to $5,000 Payout, June 10
CRA breach settlement offers Canadians up to $5,000 compensation. Eligible if you had a CRA account in 2020. Claim from $8 million payout fund.
South Africa Mass Shooting Kills 12 in Johannesburg, June 10
Mass shooting at Jumpers informal settlement in Cleveland, Johannesburg kills 12, injures 9. Police manhunt underway for suspects.
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.
Eurowings Faces Middle East Flight Cuts as Germany Backs Aviation Strategy, June 10
Germany launches 15-year aviation strategy with €2B SAF support. Eurowings adjusts routes amid regional challenges.
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.
EV Charging Market Grows to $15.2B by 2034 as Infrastructure Expands
Grid-integrated EV charging market projected to reach $15.2B by 2034 at 10.1% CAGR, with ultra-fast infrastructure growing 16.3% annually.