South Korea's consumer inflation rate quickened in June to 3.2% from a year earlier, reaching a 2-1/2-year high due to high oil prices triggered by the Iran war.The increase, matching market forecasts, marks the biggest jump since December 2023 after accelerating from 3.1% in May, according to the…
Building consents for new dwellings in New Zealand fell 4.0% month-on-month in May 2026, reversing from an upwardly revised 11.1% jump in April.A total of 3.801 new dwellings were consented, including 1,835 stand-alone houses, 1,718 townhouses, flats, and units, 194 retirement village units, and 54…
By Tim McLaughlinPJM, the largest U.S. electric grid operator, on Wednesday detailed price spikes and warnings of massive transmission line congestion as it braced for record-breaking demand driven by a heat wave ahead of July 4 celebrations.Spot wholesale electricity prices Wednesday afternoon sur…
WASHINGTON (dpa-AFX) - The U.S. Department of Justice, along with attorneys general from 17 states, have come to settlements with Cal-Maine Foods, Versova, and Hickman's Egg Ranch.These agreements are in response to allegations that the companies colluded to raise egg prices from June 2022 to March…
CANBERA (dpa-AFX) - Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In April, imports were up 0.8 percent on month and exports rose 7.2 percent for a trade surplus of A$1.791 billion.New Zealand wil…
WASHINGTON (dpa-AFX) - The U.S. Dollar value edged higher as investors assessed the ongoing bets on rate hike by the U.S. Federal Reserve along with Fed Chair Kevin Warsh's remarks highlighting inflationary pressures. The plunge today in crude oil prices capped the gains.The U.S. Dollar Index, DXY…
Honduras' coffee exports jumped 26% year-on-year in June, reaching 6.66 million 46-kilogram bags, according to data released on Wednesday by the Honduran Coffee Institute (IHCAFE).
US CMS - PROPOSES CY 2027 HOME HEALTH PPS RULE TO SAVE $82 MILLION ANNUALLY AND COMBAT FRAUDUS CMS - PROPOSES NEW GROUNDS FOR MEDICARE ENROLLMENT REVOCATION INCLUDING HIGH-RISK LOC
The Central Bank of Uruguay kept its policy rate unchanged at 5.75% at its June 2026 meeting, as its projections continue to place inflation on a path toward convergence with the 4.5% target over the monetary policy horizon.Inflation expectations also remained aligned with the central bank’s object…
Purchasing managers indexes for Mexico were mostly higher in June, likely lifted by the country's co-hosting the soccer World Cup along with the U.S. and Canada. S&P Global's manufacturing index rose to 51.3 from 49.6 in May, moving into expansionary territory for the first time in 10 months. The B…
By Jonathan StempelA federal judge on Wednesday blocked Colorado from capping the price of Amgen's NASDAQ:AMGN blockbuster arthritis drug Enbrel, a first-of-its-kind move by a U.S. state.In granting a preliminary injunction, Chief Judge Daniel Domenico of the Denver federal court said Amgen would l…
By Timothy GardnerThe U.S. nuclear power regulator on Wednesday proposed changes to a rule protecting people from radiation, the latest proposal pushed by the Trump administration to change or soften rules to speed development and cut costs for new atomic reactors.President Donald Trump signed exec…
Remittances to Mexico rose 3.8% in May from the year-earlier month to $5.61 billion, the Bank of Mexico reports, bringing transfers for the first five months to $25.29 billion, a 2.8% year-on-year increase. A rising labor participation rate among Mexican migrants in the U.S. since September coincid…
Key annual interest rates paid to borrow or lend money in U.S. and international markets. Rates below are a guide to general levels but don’t always represent actual transactions.Wednesday, July 1, 2026 Inflation May index Chg From (%) level…
By Utkarsh Hathi, Ragini Mathur and Purvi AgarwalLatin American stocks and currencies opened the new quarter lower on Wednesday, pressured by a firmer dollar, while investors assessed U.S.-Iran talks and the U.S. decision to not renew an existing North America trade agreement.MSCI's regional cur…
ByteDance is accelerating its Brazil expansion with a major data center project in Ceara state, where hundreds of workers are building what could become TikTok owner's largest data center complex outside China. The project carries an estimated price tag of 200 billion reais ($39 billion), with plan…
The International Monetary Fund has completed a review of Ethiopia's financing programme, allowing swift release of about $464 million to support the country's fiscal needs, the Fund said on Wednesday.
WORLD BANK’S BOARD OF EXECUTIVE DIRECTORS APPROVED US$150 MILLION IN FINANCING TO SUPPORT SRI LANKA’S REFORM AGENDA - STATEMENT
Tortola, British Virgin Islands, July 1st, 2026, ChainwireVCT combines blockchain transparency, agribusiness intelligence, export-finance infrastructure and real-world asset tokenization on BNB Smart Chain.Valle Capital Token (“VCT”) today announced the development and expansion of its blockchain-p…
Nike NYSE:NKE shares fell about 3% on early Wednesday after the sportswear company reported fiscal fourth-quarter revenue and earnings that exceeded Wall Street expectations, while warning that sales may continue to face pressure in the current quarter.Nike reported revenue of $11 billion, down 1…
