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World News

Global headlines and market-moving updates

news2h ago

Trump Confirms Record Oil Passage As Hormuz Remains Open

Trump Confirms Record Oil Passage As Hormuz Remains Open

Donald Trump confirmed a record 19 million barrels of oil moved through the Strait of Hormuz in a single day, citing Iran's agreement to nuclear inspections as the basis for keeping the waterway open.

news6h ago

South Korea's KOSPI Crashes 10% In Single Session

South Korea's KOSPI Crashes 10% In Single Session

South Korea's KOSPI index plunged nearly 10% on June 23, triggering a market-wide circuit breaker as Samsung Electronics and SK Hynix led a sharp sell-off driven by stretched valuations, retail leverage, and heavy foreign outflows.

news20h ago

Indonesia wants AI running its government, starting with a troubled free-meals program

Indonesia wants AI running its government, starting with a troubled free-meals program

Indonesia is planning to embed artificial intelligence across key government programs, including its $15 billion free school meals scheme, as a draft presidential regulation awaits President Prabowo Subianto's signature.

news1d ago

Bank Of England Drops Stablecoin Holding Caps

Bank Of England Drops Stablecoin Holding Caps

The Bank of England has published its final policy framework for systemic stablecoins, scrapping individual holding caps and introducing a £40 billion total issuance limit per coin, with full rules expected by end of 2026.

news1d ago

Keir Starmer Resigns As UK Prime Minister

Keir Starmer Resigns As UK Prime Minister

UK Prime Minister Keir Starmer has announced his resignation as Labour leader, saying he is not best placed to lead the party into the next general election. A leadership contest opens July 9.

news3d ago

A new bill would ban Congress from betting on its own decisions

A new bill would ban Congress from betting on its own decisions

Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar members of Congress and their families from wagering on government policy or political outcomes via prediction markets like Polymarket and Kalshi.

news4d ago

Israel And Hezbollah Just Agreed to a Ceasefire

Israel And Hezbollah Just Agreed to a Ceasefire

Israel and Hezbollah agreed to a ceasefire effective 4 p.m. local time on June 19, 2026, brokered by the US and Qatar, halting a deadly escalation that threatened Washington-Tehran peace talks.

news5d ago

Iran and the United States Sign MoU To END Hostilities And Reopen Hormuz

Iran and the United States Sign MoU To END Hostilities And Reopen Hormuz

Iran and the United States have signed the Islamabad Memorandum of Understanding, agreeing to end hostilities, lift naval blockades, and reopen the Strait of Hormuz to commercial shipping within 30 days.

news5d ago

Trump And Iran Sign Deal To End War

Trump And Iran Sign Deal To End War

President Trump and Iranian President Masoud Pezeshkian have signed an initial agreement to end the US-Iran conflict, reopen the Strait of Hormuz, and launch a $300 billion reconstruction plan, with nuclear talks set for the next 60 days.

news5d ago

China just plugged 26 banks into its cross-border digital yuan

China just plugged 26 banks into its cross-border digital yuan

China's PBOC has signed 26 financial institutions, including Standard Chartered, as the first direct participants in CBETS, a 24/7 cross-border payment network built on the e-CNY digital yuan.

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