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UK Watchdog Probes Audit Firms of Collapsed Lender MFS
The UK audit watchdog is investigating accountancy firms linked to collapsed mortgage lender Market Financial Solutions, raising concerns about audit quality in the financial sector.
OPEC Oil Production Falls to Lowest Level Since 2000
OPEC crude oil production fell to 16.13 million barrels per day in May, the lowest since 2000, driven by voluntary cuts and geopolitical disruptions.
Wizz Air Says Iran Conflict Cut €50M from Earnings, Omits Outlook
Wizz Air reported that the Iran conflict erased €50 million from its full-year earnings, nearly wiping out profit, and omitted its outlook due to uncertainty.
Amaroq commissions flotation circuit at Nalunaq gold mine, completing Phase 2
Amaroq Ltd. has completed and commissioned the flotation recovery circuit at its Nalunaq gold mine in Greenland, marking the end of Phase 2 and bringing the processing plant to full design capacity.
Serabi Gold Files NI 43-101 Technical Reports for Palito Complex and Coringa Mine
Serabi Gold has filed NI 43-101 technical reports for its Palito Complex and Coringa Mine in Brazil, detailing updated mineral reserve and resource estimates.
Teen crypto scammer pleads guilty in $13M fraud, spent on jets and Lambo
A Canadian man pleaded guilty to money laundering for a crypto fraud he ran as a teen, netting $13 million spent on luxury cars and private jets.
SpaceX IPO Structure Limits Shareholder Rights, Law Professor Says
A University of Colorado law professor says SpaceX's IPO structure, featuring super voting shares, would leave public shareholders without voting rights, sale options, or legal recourse.
Bitcoin Holds Gains as Core Inflation Cools, Altcoins Lag
Bitcoin rose 1.9% to ~$62,600 after a softer-than-expected core inflation reading, but altcoins failed to sustain the bounce, signaling cautious risk appetite.
Gold and Energy Hedges Still Key as Markets Underprice Geopolitical Inflation Risk
Equiti Group's chief market strategist warns that markets are underpricing the risk of a prolonged geopolitical inflation cycle, making gold and energy hedges essential.
Asia’s Currency Fight Moves Offshore as Central Banks Push Back
Asian central banks are increasingly confronting currency pressures that originate from offshore markets, complicating their policy responses and raising the stakes for regional rate decisions.
XRP holds above $1.10 as ETF inflows rise, traders cautious
XRP holds above $1.10 as ETF inflows rise and futures activity surges, but the recovery remains tentative with price near multi-month lows while bitcoin rebounds more aggressively.
Alibaba, JD.com Slide After Beijing Slams Price-Cut Promotions
Shares of Alibaba and JD.com fell in Hong Kong after China's market watchdog criticized e-commerce players for misleading price-cut promotions, raising regulatory risks for the sector.
Hanuman Wind Delays Bond Sale Again on Parent Governance Concerns
Hanuman Wind Power, a unit of troubled Thai renewable firm Energy Absolute, postponed a junk bond offering for a second time due to weak investor demand tied to parent company governance issues.
Bitcoin enters deep bear-market valuation zone, harder phase may lie ahead
Bitcoin has fallen to a level near its 200-week moving average, a zone historically seen only during the deepest phases of bear markets, suggesting prolonged sideways action may follow.
FireFly Metals shares drop 20% in a week despite strong yearly return
FireFly Metals (ASX:FFM) shares fell 20.4% over the past week and 5.2% on the day, contrasting with a 77.9% one-year total return, suggesting short-term momentum is fading.
Coeur Mining Joins S&P MidCap 400, Unveils Dividend and Buyback
Coeur Mining will join the S&P MidCap 400 on June 22, 2026, after closing its New Gold acquisition and unveiling a $1 billion credit facility, a semiannual dividend, and a $750 million share buyback program, signaling a shift toward capital returns.
Markets May Be Too Relaxed About Inflation Risks
Markets are pricing in a benign inflation outlook that may underestimate the risk of a Fed rate hike, as core inflation remains sticky above target.
Copper Hits 3-Week Low as US-Iran Tensions Fuel Rate Worry
Copper fell to a three-week low as escalating US-Iran hostilities stoked inflation fears, pushing traders to price in higher-for-longer interest rates.
Abu Dhabi Islamic Bank Leads Middle East Dividend Stocks Amid Oil Volatility
Abu Dhabi Islamic Bank PJSC stands out among Middle Eastern dividend stocks as Gulf markets face volatility from renewed US-Iran tensions and fluctuating oil prices.
OpenAI considers major price cuts as US-Iran tensions push oil above $93
OpenAI is reportedly planning significant price reductions, while escalating US-Iran hostilities pushed WTI crude briefly above $93 per barrel before retreating.
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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.