
Asian Stocks Surge as Middle East Peace Hopes Lift Markets; SpaceX IPO Shatters Records
Jun 12, 2026 02:11 am UTC| Economy
Asian stock markets rallied on Friday as investors welcomed growing optimism over a potential Middle East peace agreement, easing concerns about global energy prices and inflation. The positive sentiment boosted equities...

Kremlin Says New EU Sanctions Won’t Hurt Russian Banks
Jun 11, 2026 10:54 am UTC| Economy Politics
The Kremlin has dismissed concerns over the European Unions latest sanctions proposal, stating that additional restrictions on Russian banks are unlikely to disrupt the countrys financial sector or reduce bank...

Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance
Jun 11, 2026 10:41 am UTC| Economy
Pakistans economy is projected to expand by 3.7% in the fiscal year ending June 2026, according to the countrys annual economic survey released on Thursday. The report highlights improving macroeconomic indicators, lower...

European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip
Jun 11, 2026 10:39 am UTC| Economy
European stocks moved higher on Thursday as investors returned to the market to buy undervalued shares following several weeks of pressure caused by persistent higher-for-longer interest rate expectations. Market...

US Stock Futures Rally as U.S.-Iran Peace Talks Boost Market Sentiment Despite Ongoing Strikes
Jun 11, 2026 10:38 am UTC| Economy
U.S. stock index futures climbed sharply on Thursday as reports of ongoing peace negotiations between the United States and Iran helped ease investor concerns over escalating Middle East tensions. The positive developments...

ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns
Jun 11, 2026 10:15 am UTC| Economy Central Banks
The European Central Bank (ECB) is expected to end its year-long pause on interest rate increases this Thursday, signaling a more hawkish stance as rising energy costs and persistent inflation continue to challenge the...

Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates
Jun 11, 2026 04:23 am UTC| Business Economy
Chinas northeastern city of Changchun, widely recognized as the home of FAW Group, is moving to transform its traditional automotive industry as the countrys electric vehicle (EV) market continues to evolve. The city has...