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The Boeing Company shares gained 4.52% on June 15, closing at $228.95 and extending higher to around $229.40 in pre-market trading on June 16. Boeing's market capitalisation stands at approximately $180.4 billion, a fraction of the valuation assigned to Space Exploration Technologies Corp following …
Entry-level homes now cost at least $1 million in a record 242 US cities, nearly triple the 80 cities recorded before the pandemic, as housing affordability pressures deepen across a wider geographic range.
The Bank of Japan raised its short-term policy rate to 1% on Tuesday, lifting borrowing costs to their highest level since 1995 in a widely expected move aimed at containing broadening inflationary pressures from the energy shock caused by the Iran conflict.
US equity benchmarks reached historic territory Monday as the preliminary US-Iran memorandum of understanding to reopen the Strait of Hormuz sent crude prices sharply lower, with the Dow Jones Industrial Average closing at a record 51,684.88, the S&P 500 rising 1.67% to 7,555.26, and …
The Nasdaq Composite rose 3.07% to 26,683.64 on Monday, its strongest single-session percentage advance since March 31, as the preliminary US-Iran ceasefire triggered broad-based technology buying, with more than 80% of Nasdaq-listed stocks closing higher and the technology sector within the S&P 500 advancing …
Market-derived inflation measures retreated Monday as crude prices dropped sharply on the preliminary US-Iran ceasefire, with bond markets pricing a modestly lower Federal Reserve rate path and the dollar index declining 0.20% to 99.60, even as analysts cautioned that core inflation remains elevated and …
American business organisations expressed measured optimism Monday that a long-stalled bilateral income tax framework with Taiwan may gain renewed momentum following the Agreement on Reciprocal Trade signed earlier in 2026, with representatives indicating progress is underway on a deal that would eliminate dual taxation …
American business organisations in Taiwan expressed cautious optimism Monday that long-stalled bilateral income tax negotiations may gain momentum, citing the improved diplomatic foundation created by the Agreement on Reciprocal Trade signed in January 2026, which reduced US tariffs on Taiwanese goods below 15% and …
Airline and cruise stocks surged Monday as the preliminary US-Iran ceasefire raised expectations of a sustained decline in jet fuel prices, with United Airlines rising more than 5%, Delta Air Lines gaining 4%, and Norwegian Cruise Line and Carnival Corporation each jumping 4.5%.
The US Strategic Petroleum Reserve fell to 340.3 million barrels as of June 12, its lowest level since 1983, deepening an emergency stockpile crisis just as Washington and Tehran finalised a preliminary peace framework to reopen the Strait of Hormuz.
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