Business

Morning Bid: Central banks take the stage

Tuesday, June 16 by SRN News

By Anna Szymanski June 16 (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest The global stock rally triggered by the preliminary U.S.-Iran deal seemed to moderate on Tuesday as markets awaited more details on its terms... Read More.

Five ways to avoid tax penalties in 2026

Tuesday, June 16 by SRN News

As a certified public accountant, the most common question I hear in the spring is, "How much do I actually have to pay the IRS right now?" In a perfect world, the IRS wants 90% of your total tax liability paid "ratably" (equally) throughout... Read More.

Wall Street futures subdued as focus shifts to Fed, SpaceX jumps for third day

Tuesday, June 16 by SRN News

June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX extended its post-IPO run for a third day. Tech stocks were a... Read More.

Analysis-KPMG scandal deepens Big Four accounting firms’ woes in Australia

Tuesday, June 16 by SRN News

By Christine Chen and Byron Kaye SYDNEY, June 16 (Reuters) - KPMG's audit-leak scandal is set to further dampen the prospects in Australia of the Big Four accounting firms, with data showing their new business revenue from the federal government already fell by almost half... Read More.

Novo Nordisk to seek approval soon to sell Wegovy pill in China

Tuesday, June 16 by SRN News

By Andrew Silver BEIJING, June 16 (Reuters) - Novo Nordisk plans to seek Chinese regulatory approval for its Wegovy weight-loss pill "very soon," its CEO said on Tuesday, as it moves to catch up with rival Eli Lilly in the world's second-largest pharmaceutical market. Denmark's Novo... Read More.

BOJ Deputy Governor Uchida’s comments at news conference

Tuesday, June 16 by SRN News

June 16 (Reuters) - The Bank of Japan raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price pressures from the energy shock caused by the Iran war. The hike was the... Read More.

Bank of Japan raises its key interest rate to a three-decade high of 1%, citing inflation

Tuesday, June 16 by SRN News

TOKYO (AP) - The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices. The central bank's increase in the uncollateralized overnight rate, by a quarter of a percentage point from 0.75%,... Read More.

Solar cold storage helps African farmers cut losses and reach global markets

Tuesday, June 16 by SRN News

NAIROBI, Kenya (AP) - Kenyan farmer Yvonne Anyonyi Mumiah walks in the early morning between rows of rosemary, basil and other crops destined for European supermarkets. She once worried that transport delays or extreme heat could spoil much of her harvest, but now relies... Read More.

Germany formally rejects UniCredit’s Commerzbank offer

Tuesday, June 16 by SRN News

By Tom Sims and Valentina Za FRANKFURT/MILAN, June 16 (Reuters) - Germany has officially rejected UniCredit's offer to buy Commerzbank, the country's finance agency said on Tuesday, citing a low price and concerns about what it called the Italian bank's aggressive approach. UniCredit's initial offer period... Read More.

Iran war is a ‘wake-up call’ for Southeast Asia’s energy sector, report says

Tuesday, June 16 by SRN News

BANGKOK (AP) - The war in Iran has exposed major risks for Southeast Asia that could cost the region many billions of dollars if it does not diversify sources of energy more quickly, according to an International Energy Agency report released Tuesday. An overreliance on... Read More.

Current Weather

Morning Bid: Central banks take the stage

Five ways to avoid tax penalties in 2026

Wall Street futures subdued as focus shifts to Fed, SpaceX jumps for third day

Analysis-KPMG scandal deepens Big Four accounting firms’ woes in Australia

Novo Nordisk to seek approval soon to sell Wegovy pill in China

BOJ Deputy Governor Uchida’s comments at news conference

Bank of Japan raises its key interest rate to a three-decade high of 1%, citing inflation

Solar cold storage helps African farmers cut losses and reach global markets

Germany formally rejects UniCredit’s Commerzbank offer

Iran war is a ‘wake-up call’ for Southeast Asia’s energy sector, report says

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