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India Caps Diesel Sales, Raises Excise Tax Relief on Petrol June 13
India caps diesel sales at 200 litres daily per outlet and exempts ethanol blends E22-E30 from excise duty to curb hoarding and promote clean fuel.
Japan Summer Bonus Hits 47.7δΈε, 5-Year High on June 13
Japanβs 2026 summer bonus averages 47.7δΈε, up 1.8δΈε from last year. 37.1% of firms increase payouts amid wage pressure.
Microsoft Stock Falls 1.77% as Xbox Overhaul Weighs on AI Spending, June 12
Microsoft stock fell 1.77% to $390.34 on June 11 amid Xbox restructuring and AI spending scrutiny, offset by strong Azure growth.
Sensex Surges 1,695 Points as Oil Falls Below $90 on Iran Peace Deal, June 13
Sensex surged 1,695 points to 75,527 and Nifty50 gained 461 points to 23,623 on June 12 as crude oil fell below $90 following US-Iran peace signals.
Southeast Asiaβs Economic Rise: ASEAN Targets 4th Largest Economy by 2030
ASEAN targets 4th largest economy by 2030 through regional policies, energy security, and AI adoption to strengthen cross-border partnerships.
TRUMPF Laser Defense Tech Gains Traction Amid European Security Shift, June 12
TRUMPF laser technology becomes key player in European drone defense as defense contractors integrate systems into counter-UAV platforms.
US Wholesale Prices Jump 1.1% in May, Highest Since 2022
US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.
German Pensions Rise 4.24% from July 1, 2026
Germanyβs Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain β¬77.85 monthly as wage growth outpaces inflation.
Bank of Japan Raises Rates to 1%, Highest Level Since 1995
BOJ set to raise rates to 1% on June 16, the highest since 1995, as inflation and weak yen force tightening action.