
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks
Jun 16, 2026 04:08 am UTC| Central Banks Economy
The Bank of Japan (BOJ) has raised its benchmark interest rate to 1.0%, marking the highest level in 31 years as policymakers intensify efforts to address persistent inflation pressures and growing global economic...

Global EV Sales Rise for Third Consecutive Month in May Despite Regional Market Challenges
Jun 15, 2026 23:58 pm UTC| Economy
Global demand for electric vehicles (EVs) continued to grow in May, marking the third consecutive month of year-over-year gains as government incentives and elevated fuel costs encouraged consumers to shift away from...

U.S. Gasoline Prices Fall Below $4 as U.S.-Iran Deal Eases Oil Market Concerns
Jun 15, 2026 23:54 pm UTC| Economy
U.S. average retail gasoline prices have dropped below $4 per gallon for the first time since mid-April, driven by growing optimism that a preliminary agreement between the United States and Iran could help restore normal...

Oil Prices Tumble as U.S.-Iran Peace Deal Eases Supply Concerns
Jun 15, 2026 23:53 pm UTC| Economy
Global oil prices fell sharply on Monday, with Brent crude and West Texas Intermediate (WTI) both dropping more than 4% after reports emerged that the United States and Iran had reached an interim peace agreement aimed at...

Wall Street Surges as US-Iran Deal Eases Oil Price and Inflation Concerns
Jun 15, 2026 23:51 pm UTC| Economy
Wall Street rallied sharply on Monday as investors welcomed a preliminary agreement between the United States and Iran aimed at ending the Middle East conflict and reopening the Strait of Hormuz. The breakthrough fueled...

Dollar Slips as U.S.-Iran Peace Deal Boosts Risk Appetite and Pressures Safe-Haven Demand
Jun 15, 2026 23:50 pm UTC| Economy
The U.S. dollar weakened on Monday after Washington and Tehran announced an interim peace agreement, easing geopolitical tensions and reducing demand for traditional safe-haven assets. Improved market sentiment pushed...

North Korea Reports Industrial Output at 105% of Target Following Party Congress
Jun 15, 2026 23:48 pm UTC| Politics Economy
North Koreas industrial output exceeded its planned targets during the first 100 days following the ruling Workers Party Congress held in February, according to state-run Korean Central News Agency (KCNA). The country...