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FTSE 100 Underperforms European Rally as Commodity Stocks Weigh
The FTSE 100 lagged its European peers as weakness in commodity-linked stocks offset gains in other sectors, highlighting the index's sensitivity to raw material prices.
BHP and Rio Tinto Bet on India as Steel’s Next Growth Engine
BHP and Rio Tinto are increasingly looking to India as the next major growth driver for global steelmaking, signaling a strategic shift as the world's top iron ore suppliers prepare for a future beyond China.
US watchdog urges FDIC to coordinate crypto oversight
The US Government Accountability Office has urged the FDIC to establish a formal coordination mechanism with other regulators to address risks from blockchain-based financial products.
Bitcoin ETFs bleed $64M while altcoin ETFs gain across the board
US spot bitcoin ETFs saw net outflows of $64 million on Monday, while ETFs tracking ether, XRP, Solana and Hyperliquid all recorded inflows, signaling a rotation into altcoins.
Trump Iran Deal Faces Skepticism as Strait of Hormuz Deadline Looms
European allies doubt President Trump's Iran deal will reopen the Strait of Hormuz by June 19, straining ties with Israel and raising oil supply risks.
Yen Pares Gains After BOJ Hikes Key Rate to 1%, Highest Since 1995
The yen pared gains against the dollar after the Bank of Japan raised its benchmark rate to 1%, the highest since 1995, in a widely expected move that still offered no hawkish surprises.
China May industrial output beats but retail sales post first fall since 2022
China's May industrial output beat expectations, but retail sales posted their first contraction since December 2022, signaling deepening domestic demand weakness that weighs on commodity and consumer markets.
Worst Indonesian Credit Volatility in Years Imperils Debt Boom
Rupiah corporate bond volatility has hit a four-year high, threatening to derail record issuance in Southeast Asia's largest economy amid policy swings that have shaken foreign investor confidence.
New Zealand Food Prices Rise 1.0% in May, NZD Sees Limited Reaction
New Zealand's food price inflation accelerated to 1.0% month-on-month in May 2026, up from flat in April, though the NZD showed only a muted response.
Hedge funds reverse war premium: long bonds, short dollar on Iran deal
Hedge funds are unwinding war premiums by going long bonds, short the dollar, and favoring Asian equities and currencies as an Iran deal reshapes market expectations and trims Fed rate hike bets.
Asia Traders Eye RBA, BOJ Rate Decisions After Strait of Hormuz Deal
Asian traders shift focus to upcoming rate decisions from the RBA and BOJ after a US-Iran deal to reopen the Strait of Hormuz sparked a global relief rally.
Petrolympic Reports Winter Program Results at Rayon d'Or and Vauquelin Property in Val-d'Or, Quebec
Petrolympic Ltd. released results from its 2026 winter exploration program at the Rayon d'Or and Vauquelin property in Val-d'Or, Quebec, including Mag-IP surveys over 9.5 km.
Gemdale Gold Expands Land Position in Finland, Resumes Exploration in Central Lapland Greenstone Belt
Gemdale Gold secured two new mineral reservations in Finland and resumed exploration in the Central Lapland Greenstone Belt, strengthening its position in a region gaining attention after Agnico Eagle's plans.
Bolivia Tells Investors FX Unification, IMF Deal Coming Soon
Bolivia has signaled to investors that it is close to securing an IMF financing program, likely after adopting a floating exchange rate to replace its long-standing dollar peg.
Pudgy Penguins NFT Game 'Pudgy Party' Shuts Down Under a Year After Launch
Pudgy Penguins has shut down its mobile battle royale game 'Pudgy Party' less than a year after launch, redirecting resources to its Pudgy World metaverse experience.
Dollar mixed as markets eye key rate decisions
The US dollar ended mixed against major peers as improved Middle East sentiment weighed on safe-haven demand, with traders now focused on upcoming central bank rate decisions.
Iran Peace Deal Could Ease US Inflation Pressures
A US-Iran peace deal, if sustained, suggests the worst of war-driven inflation may be over, though the economic outlook remains uncertain.
Nvidia $20B debt boom reinforces Bitcoin miners' AI pivot
Nvidia's planned $20 billion bond offering underscores surging AI infrastructure demand, strengthening the rationale for Bitcoin miners pivoting toward AI data centers.
PGIM Flips Fed View, Sees Three Rate Hikes This Year
PGIM, a major US asset manager, now expects the Federal Reserve to deliver three rate hikes this year followed by reversals in 2027, a hawkish outlier that could pressure short-dated Treasuries.
Nucor Stock Valuation Reassessed After Strong Recent Share Price Momentum
Nucor's stock has surged over 17% in the past month and 122% over the past year, prompting investors to reassess its valuation at the current price of US$266.35.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.