US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022
People shop in the produce section of a grocery store on Monday, May 11, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
· Paul Wiseman
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Newest first · UTC+11:00Carbon dioxide removal slow to take off, alarming scientists
Milan – 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.
· No Author
South Korea's stock market rout isn't a vote against the country, market exchange chief says
The selloff in South Korean stocks is not because foreign investors have lost confidence in the country, its stock market chief told CNBC.
· Lim Hui Jie
ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation.
· Tyler Durden
Workers at one of Australia’s most crucial ports are going on strike
Union members at one of Australia’s busiest and most profitable ports have voted to go on strike, after weeks of ongoing fears about potential industrial action and its impact on the country’s economy.
· Hannah Murphy
Futures Rise, Oil Drops As US Ends Iran Strikes
US equity futures are higher led by tech and small caps, with traders buying the dip in stocks as a swift conclusion to the latest round of US strikes against Iran raised expectations that talks over a peace deal and the reopening of the Strait of Hormuz will get back on track. As of 8:00am ET, S&P futures rise 0.7%…
· Tyler Durden
ECB raises its benchmark rate to 2.25% from 2% as oil prices lift inflation
The European Bank is pictured in Frankfurt, Germany, Tuesday, June 9, 2026. (AP Photo/Michael Probst)
· David Mchugh
ECB raises eurozone interest rates as Iran war stokes inflation
European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next spring
· Phillipinman
ECB hikes interest rates for first time since 2023 as Iran war ramps-up energy costs
The European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25% as the Iran war continues to blow inflation off target.
· Chloe Taylor
UK defense secretary quits amid spat with Starmer
British Secretary of Defense John Healey has tendered his resignation to Prime Minister Keir Starmer, in the latest blow to the embattled Labour government. Healey complained in an open letter that Starmer has been “unable, and the Treasury has been unwilling to commit the resources” required for sweeping reforms he…
· RT
EU could curb Kallas’ powers – FT
EU member states could curtail the powers of the bloc’s diplomatic service, headed by Kaja Kallas, amid concerns among officials that the body is “dysfunctional,” the Financial Times has reported.
· RT
For Klint Kubiak, Raiders, it’s no longer business as usual: ‘He’s kind of hard to read’
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· Vincent Bonsignore
Labor ramps up Hanson attacks, as Taylor rebukes ally in phone call
Labor is ramping up its economic argument against Pauline Hanson as it prepares to fight an election within the next two years against both One Nation and the Coalition, as Opposition Leader Angus Taylor scrambles to kill off talk of a partnership with Hanson.
· Paul Sakkal
US and Iran trade strikes as ceasefire comes under renewed strain
The United States and Iran exchanged strikes on Wednesday and Thursday, placing a fragile April ceasefire under its most serious strain yet and drawing several Gulf states directly into the latest round of escalation.
· Middleeasteye
China's AI companies dig in as SpaceX, US rivals ready IPO bonanza
AI-related companies from China raised $21 billion through Hong Kong IPOs in the first five months, more than double a year earlier. © Reuters
· Staff Writer
China’s biotech industry sees global expansion as unstoppable, despite US pressure
Chinese drug makers are increasingly relying on overseas licensing deals to reach global markets amid growing geopolitical tensions
· Julie Zhang
China’s biotech industry sees global expansion as unstoppable, despite US pressure
Chinese drug makers are increasingly relying on overseas licensing deals to reach global markets amid growing geopolitical tensions
· Julie Zhang
Strategy (MSTR) CEO Says Bitcoin Sale Was About Market 'Inoculation', Not A Retreat
Authored by Micah Zimmerman via BitcoinMagazine.com,
· Tyler Durden
Emaar to launch Dh200bn megaproject in Dubai set to house 150,000 people | The National
Emaar Properties is to unveil an “extraordinary” Dh200 billion ($55 billion) megaproject in Dubai, set to house nearly 150,000 residents.
· Aarti Nagraj
US charges suspected Russian hacker with facilitating cyber campaign
A suspected Russian hacker is in US custody after being extradited from Thailand and has been charged with facilitating a campaign of cyberattacks carried out by a Russia-aligned group that victimized numerous US companies.
· REUTERS
Kalshi promo code NYPMAX: Trade $10, get $10 for RBC Canadian Open markets
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· Sean Treppedi
Trump says ‘I love the inflation,’ Bill Gates testifies about his Epstein ties
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· Nadja Lovadinov
Live updates: US and Iran trade strikes for second day
US military’s Central Command says it launched more strikes on Iran on second day of renewed fire
Abu Dhabi's Edge Group opens European base to fuel global expansion | The National
Abu Dhabi defence company Edge Group has opened a new subsidiary in France to serve as its base for aggressively expanding investments and co-operation in Europe.
· Alvin R Cabral
SpaceX IPO is a ‘referendum’ on Musk, say market watchers
Friday's hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a "referendum" on Elon Musk's leadership, according to market watchers.
· Mike Sheen
Rising costs and competition threaten GoPro
NEW YORK — For nearly 25 years, GoPro cameras have gone underwater, glided with parachutes and slipped down ski slopes, allowing the adventurous to record images of their experiences.
· Agence France-Presse
Panda and pet services: China plans over 160 tourist trains to boost consumption
Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy
· Xinyi Wu
Panda and pet services: China plans over 160 tourist trains to boost consumption
Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy
· Xinyi Wu
Gulf states condemn Iranian strikes as regional tensions escalate
Gulf leaders have strongly condemned Iranian attacks on Bahrain, Kuwait and Jordan, warning that the assaults threaten regional stability, global trade and energy supplies. The criticism came as tensions intensified following fresh military exchanges involving Iran and the United States.
· AfricaNews
Anthropic, OpenAI, other U.S. AI giants launch major London expansions amid talent and revenue scramble
A slew of U.S. Big Tech and AI companies are racing to expand in London as they look to take advantage of the city's deep talent pools amid a push to develop and commercialize frontier tech.
· Kai Nicol-Schwarz
To beat chip crunch, Chinese firm inks memory deal bigger than its sales
The US$1.86 billion multi-year flash deal with unnamed supplier underscores how downstream companies scramble to secure capacity
· Howard Liu
To beat chip crunch, Chinese firm inks memory deal bigger than its sales
The US$1.86 billion multi-year flash deal with unnamed supplier underscores how downstream companies scramble to secure capacity
· Howard Liu
‘Dirty business’: China dog slaughterhouse shuts down ahead of controversial Yulin festival
Humane World for Animals estimates that around 10 million dogs, 4 million cats are killed for meat in China annually; many are stolen pets or strays
· Zoey Zhang
‘Dirty business’: China dog slaughterhouse shuts down ahead of controversial Yulin festival
Humane World for Animals estimates that around 10 million dogs, 4 million cats are killed for meat in China annually; many are stolen pets or strays
· Zoey Zhang
First Major Weather Organization Declares El Nino Onset As Food Inflation Risks Intensify
For months, we have warned readers that the probability of El Niño formation was rising, with downstream risks across critical agricultural growing belts. That forecast has now moved from a risk scenario to reality, as the first major weather body has formally declared the onset of this warming pattern in the equato…
· Tyler Durden
From Almaty to orbit: Kazakhstan woos Hong Kong travellers with rocket launches
Six Kazakhstan-based firms have booths under the theme “Visit Almaty” at 40th International Travel Expo in the city
· Eric Jiang
From Almaty to orbit: Kazakhstan woos Hong Kong travellers with rocket launches
Six Kazakhstan-based firms have booths under the theme “Visit Almaty” at 40th International Travel Expo in the city
· Eric Jiang
Merz hints at tougher China trade measures ahead of EU summit
BERLIN — German Chancellor Friedrich Merz said Thursday that the EU must defend itself against unfair trade practices, signaling greater openness to recent European Commission proposals for a tougher approach to China.
· Nette Nöstlinger
China’s central bank head says country a haven for asset diversification in volatile world
Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working
· Daisy Wu
China’s central bank head says country a haven for asset diversification in volatile world
Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working
· Daisy Wu
Bluesfest creditors owed $7 million, financial report reveals
Thu 11 Jun 2026 at 7:14pm
· Cath Adams
Have trade tensions scuppered EU-China talks ahead of tough Brussels decisions?
June 23 meeting in Beijing postponed without warning as bilateral ties deteriorate on a near-daily basis
· Finbarr Bermingham
Have trade tensions scuppered EU-China talks ahead of tough Brussels decisions?
June 23 meeting in Beijing postponed without warning as bilateral ties deteriorate on a near-daily basis
· Finbarr Bermingham
Thailand reassessing joining CPTPP alongside EU trade deal, minister says
Sihasak Phuangketkeow, Thailand's foreign minister and deputy prime minister, speaks during an interview at Nikkei's Future of Asia forum in Tokyo on June 10. (Kazuho Fujiwara)
· Staff Writer
Forrestania lifts Lady Lyla grade in WA gold resource jump
Forrestania Resources has rung up a solid 37 per cent grade increase at its Lady Lyla gold deposit near Southern Cross in Western Australia, with a new mineral resource estimate showing 922,000 tonnes at 1.41 grams per tonne (g/t) gold for 41,700 ounces.
· Murray Ward
Turkey halts BYD tax break, warns of clawback if it misses $1bn plan
A BYD vessel bringing 7,000 cars to the industrial hub of Kocaeli in Turkey. (BYD via Anadolu Agency)
· Staff Writer
Cuba pitches business to Korean firms
Cuba remains a country of opportunities for Korean investment and trade, the country's top envoy stressed saying that decades of US sanctions have not erased the island nation’s economic potential.
· Sanjay Kumar
Abu Dhabi's Kezad launches centre to help SMEs expand | The National
Khalifa Economic Zones Abu Dhabi, known as Kezad, will develop a new SME centre to help smaller businesses expand their operations in the emirate.
· Aarti Nagraj
AI mega-listings are 'just the start,' Razer CEO says, ahead of historic SpaceX IPO
Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series of widely anticipated public debuts from major AI companies.
· Matthew Chin
ILA Berlin 2026 opens under shadow of Iran war
Despite an overhanging shadow of war with Iran, over a dozen Israeli defense companies are taking part in ILA Berlin, one of Europe’s major aviation and defense exhibitions that opened on Wednesday.
· ANNA AHRONHEIM