How 3 million missing barrels of oil are keeping the global economy afloat during Iran war
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· Ronny Reyes
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Newest first · UTC+11:00(EDITORIAL from Korea Times on June 12)
Korea's semiconductor future cannot be built on capital-centric thinking: Investment decisions should be free from political influence
· Chae Yun-hwan
One Forgotten Housing Supply-Side Lever Could Unfreeze Affordability
Rental affordability remains far superior to mortgage affordability, with the U.S. 30-year fixed mortgage rate trending around 6.5% in early June. With home prices still at record highs, last week's housing report showing sellers pulling listings at a near-record pace as buyers balk at prices is yet another warning …
· Tyler Durden
Darnell Nurse requests trade from Oilers as trying offseason continues
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· Collin Ward
A Burger King's ransom: Rival Japan franchisees courted with $250,000
In Japan, only around 20% of Burger King locations are franchises, far lower than other fast-food rivals. (Photo by Hazumu Urushiyama)
· Staff Writer
Nissan to cut vehicle development time in half using China playbook
Nissan CEO Ivan Espinosa said his company was able to cut development times sharply, largely with AI and other digital tools. (Photo by Marie Yoshimura)
· Staff Writer
Argentina's inflation slows in May, a win for President Javier Milei
Argentine President Javier Milei arrives at the Cathedral for a Te Deum to celebrate the anniversary of the May Revolution, which marked the beginning of the country’s independence from Spain, in Buenos Aires, Argentina, May 25, 2026. (AP Photo/Natacha Pisarenko, File)
· Isabel Debre
Carbon dioxide removal slow to take off, alarming scientists
MILAN, Italy — Carbon dioxide removal experts have sounded the alarm in Milan this week over a shortfall in research and investment in the nascent sector viewed as essential for mitigating climate change.
· Agence France-Presse
Securities firms' Q1 net spikes 77 pct on increased commission income
SEOUL, June 12 (Yonhap) -- Securities companies in South Korea saw their net profit soar 77 percent in the first quarter of the year largely due to increased commission income from the sharp increase in stock trading, data showed Friday.
· Park Sang-soo
S. Korea, Morocco to push for launch of CEPA talks for deeper economic cooperation
SEOUL, June 12 (Yonhap) -- South Korea and Morocco have agreed to work to swiftly begin negotiations for a bilateral comprehensive economic partnership agreement (CEPA) in a bid to expand trade and industrial cooperation between the two countries, Seoul's trade ministry said Friday.
· Kim Na-young
S. Korea, Kyrgyzstan hold 1st trade-investment cooperation committee
SEOUL, June 12 (Yonhap) -- South Korea and Kyrgyzstan held their inaugural trade-investment cooperation committee Friday to discuss ways to expand trade and cooperation in critical minerals and various industries, Seoul's trade ministry said.
· Kim Na-young
Falcons land OT Wanya Morris and 7th-round pick from KC for 6th-round selection, AP source says
KANSAS CITY, Mo. (AP) — The Atlanta Falcons have acquired offensive tackle Wanya Morris and a seventh-round pick from the Kansas City Chiefs for a sixth-round selection in next year’s draft, a person familiar with the trade told The Associated Press on Thursday.
· Dave Skretta
Harley dealers blast Indian Motorcycle over attack ad targeting CEO Artie Starrs being ‘from a pizza company’
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· Ariel Zilber
New CFTC Prediction Market Proposal Would Ban War And Terrorism Bets While Allowing Sports Markets
The Commodity Futures Trading Commission (CFTC) has unveiled a proposed framework for prediction markets that would prohibit contracts tied to violent or harmful events, including terrorism, war, and political assassinations, while largely preserving sports-based markets, according to Bloomberg.
· Tyler Durden
How major US stock indexes fared Thursday 6/11/2026
U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening. That raised hopes Thursday for a potential deal to get the global flow of oil going again.
· The Associated Press
Glenn County Sheriff suddenly pulls entire police force from California city after financial issues
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· Zain Khan
Corporate Japan adds more women on boards but still lags US, UK
Japanese companies fall behind their international peers in terms of female representation on boards. (Photo by Kosaku Mimura)
· Staff Writer
US eyes Japanese funding for nuclear revival, Lutnick says
Japanese minister Ryosei Akazawa, left, and U.S. Commerce Secretary Howard Lutnick have held talks on Japan investing in American nuclear power. (Nikkei montage/Source photos by Reuters)
· Staff Writer
Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
SpaceX has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.
· BBC News
Elon Musk’s SpaceX prices blockbuster $75B IPO at $135 a share — biggest-ever for US
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· Reuters
SpaceX Prices Biggest Ever IPO At $135 Per Share
While there was little doubt as to SpaceX's actual IPO price, which due to its novel structure was always going to be $135, and unlike the proposed IPO price ranges as is customary for other initial offerings, moments ago SpaceX (SPCX) made it official when it filed a free writing prospectus (FWP) which confirmed th…
· Tyler Durden
Far-reaching gag order means we will never know how bad security is at AMEX
Australia’s privacy commissioner has placed an extraordinary gag order over her determination into a complaint about American Express, after a sustained campaign by the credit card company to keep the details secret.
· Harriet Alexander, Julie Lewis
Hidden Starship Trade: The Industrial Gas Giant Fueling SpaceX's Rockets
Ahead of the SpaceX IPO, Rothschild & Co Redburn analyst Tony Jones published a note on space propellant economics and identified an industrial-gases giant that is well positioned to dominate the market for rocket propellants and mission-critical launch gases as SpaceX's Starship launch cadence gains momentum and th…
· Tyler Durden
ASX set to jump, Wall Street rebounds as Trump calls off Iran attacks
US stocks are climbing, and oil prices are falling after President Donald Trump called off his threat to bomb Iran.
· Stan Choe, Alex Veiga
Ken Griffin doubles down on Miami with expanded development plans after Zohran Mamdani feud
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· Ariel Zilber
Not just call centres: The skilled Australian jobs now moving offshore
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· Sbsaustralia
Dow jumps nearly 800 points after Trump calls off Iran strikes, chip stocks rebound
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· Taylor Herzlich
Slovenia lifts ban on arms trade with Israel
Slovenia's government has revoked a 2025 decision banning the export and transit of weapons and military equipment to Israel, as well as most arms imports from the country, the Defense Ministry said on Thursday.
· REUTERS, MIRIAM SELA-EITAM
Darnell Nurse gives Oilers short trade list of teams he'd go to, AP source says
Edmonton Oilers defenseman Darnell Nurse, center front, moves the puck against Los Angeles Kings left wing Artemi Panarin, left, and center Scott Laughton, right, during the first period of an NHL hockey game, April 11, 2026, in Los Angeles. (AP Photo/Ryan Sun, File)
· Stephen Whyno
State government offloads former Supreme Court building in $25m sale
The Allen government is offloading an empty legal district office building which is on the market for the first time since the gloomy winter of 1992.
· Nicole Lindsay
Well-known Woolloomooloo pub sold in $15m deal
MA Financial’s Redcape has bought the well-known harbourside Frisco Hotel in Woolloomooloo from Queensland-based Sun Group. The price guide was about $15 million.
· Carolyn Cummins
The shock-jock whisperer managing One Nation’s talent
In this week’s On Background, One Nation hires a talk radio veteran, The Hollywood Reporter Australia lands with a flop, the ABC gets a new HR boss and what Seven’s earnings drop means for Peter V’landys’ NRL rights deal dreams
· Kishor Napier-Raman
Jeff Bezos-led AI startup Prometheus valued at eye-popping $41B in blockbuster fundraising
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· Thomas Barrabi
Nearly 90% of listed Chinese banks fall below profit threshold
More banks in China are now below the threshold for profitability set by an industry association. © Reuters
· Staff Writer
Falling currencies, rising inflation put pressure on international students
Topic:Higher Education
· Natasya Salim
Papa Johns shutters nearly 50 locations across 17 states as competition intensifies
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· Fox Business
Two classic San Francisco bars hit the market for shockingly low price
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· Kevin Barr
Japan central bank deputy Uchida in spotlight while chief hospitalized
BOJ Deputy Gov. Shinichi Uchida will conduct the post-meeting news conference on June 16 in place of Gov. Kazuo Ueda. (Photo by Mizuho Miyazaki)
· Staff Writer
Iran planning to treat Elon Musk’s companies in Middle East as military targets: Iranian state media
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· Taylor Herzlich
What are the best prediction markets apps and websites? | June 2026
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· Michael Leboff
OpenAI weighs slashing prices in attempt to lure users from rival Anthropic: report
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· Marc Vartabedian
103-year-old replica of founding father’s home hits market in North Carolina for $9.8M
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· Realtor.com
India doubles public investment in 5 years to build rails, chip plants
A high-speed rail station under construction in Mumbai. (Photo by Takanori Okabe)
· Staff Writer
Cebuana Lhuillier agents transform their small businesses into trusted financial hubs for communities
ACROSS the Philippines, thousands of micro-entrepreneurs are transforming their small businesses into community financial hubs through Cebuana Lhuillier’s authorized agent network. By offering services such as remittances, bills payment, and bank transfers, these businesses are unlocking new income streams while hel…
· The Manila Times
USTR rebuts Washington Post editorial on proposed tariffs targeting South Korea, others over forced labor concerns
WASHINGTON, June 11 (Yonhap) -- U.S. Trade Representative (USTR) Jamieson Greer has sent a letter to the Washington Post editorial board to rebut its recent editorial criticizing proposed tariffs on South Korea and other economies over forced labor concerns, saying the piece was driven by its "antipathy" toward Pres…
· Song Sang-ho
ECB rolls the dice as first major central bank to hike rates over Iran war
FRANKFURT — The European Central Bank raised interest rates on Thursday for the first time in almost three years, becoming the first major central bank to respond to the inflationary fallout of the Iran war.
· Johanna Treeck
New Fed Chairman Kevin Warsh won’t immediately get what he wants
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· Urban C. Lehner
Elon Musk’s SpaceX IPO draws $70B in orders from retail investors, leaving many on sidelines: report
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· Thomas Barrabi
Trump’s ‘I love the inflation’ remark sparks backlash
WASHINGTON, D.C. — United States President Donald Trump on Wednesday brushed off concerns about consumer inflation surging to a fresh three-year high in May, on the back of soaring energy prices caused by his war on Iran.
· Agence France-Presse