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Economy
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European gas prices plunge 5% on hopes of US-Iran framework deal
Benchmark TTF futures retreat to around $54 per megawatt-hour, but traders remain cautious
12 June 2026
Kioxia surpasses Toyota as Japan’s most valuable firm amid AI-driven chip rally
Memory chipmaker’s market value rises above $270B as investors pile into semiconductor stocks on strong demand from data centers
12 June 2026
Turkish stock exchange opens higher on Friday
BIST 100 index gains 168.57 points at opening session
12 June 2026
UK posts trade deficit of $28.1B in April, above expectations
British exports up 2.6% month-on-month, while imports rise 1.5%
12 June 2026
UK economy contracts in April as Middle East shock weighs on activity
GDP falls 0.1% month-on-month after growth in previous 2 months, according to Office for National Statistics
12 June 2026
US ground beef, steak prices hit record high in May
Average price of uncooked ground beef rises 13.1% from last year to $7.06 per pound, while steak prices jump 16%
12 June 2026
SpaceX raises $75B in world’s largest initial public offering
Elon Musk-founded space company prices 555.6M Class A shares at $135 apiece, valuing firm at around $1.77T
12 June 2026
US stocks close with sharp increases after Trump cancels attacks on Iran
Dow Jones up 1.86%, S&P 500 1.75%, Nasdaq 2.54%; European indexes end day in positive side
11 June 2026
Energy prices down as US cancels attacks on Iran
Brent futures traded for below $90, down 3.8%
11 June 2026
Only 2 vessels cross Strait of Hormuz over last 2 days
Commercial vessel traffic through crucial maritime chokepoint falls to lowest level in nearly 5 weeks
11 June 2026
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Gold jumps, oil prices tumble after US-Iran peace deal paves way for reopening of Strait of Hormuz
Gold rises more than 1% while Brent crude falls around 4% after Washington and Tehran agree to end hostilities, with a signing ceremony set for June 19 in Switzerland
SpaceX closes 1st trading day up 19%, market cap tops $2.1T
SpaceX shares jump over 11% in Nasdaq debut after record $75B IPO
Türkiye's BIST 100 index ends week up
Pakistan unveils annual budget as economy reaches record $452B
US consumer sentiment rises in June on easing gasoline prices
Turkish economy program to stay on disinflation path despite shocks, officials say
FACTBOX - SpaceX enters elite club of top firms after record $75B IPO
SpaceX shares jump over 11% in Nasdaq debut after record $75B IPO
Türkiye's BIST 100 index ends week up
Pakistan unveils annual budget as economy reaches record $452B
US consumer sentiment rises in June on easing gasoline prices
Turkish economy program to stay on disinflation path despite shocks, officials say
FACTBOX - SpaceX enters elite club of top firms after record $75B IPO
Dutch central bank cuts 2026 growth forecast to 0.8% amid rising energy prices
Global markets trade positively, with Mideast peace on the horizon
Türkiye, North Macedonia officials evaluate international transport corridors
Inflationary pressures rise in US as new Fed chair prepares for 1st meeting
Dutch central bank cuts 2026 growth forecast to 0.8% amid rising energy prices
Global markets trade positively, with Mideast peace on the horizon
Türkiye, North Macedonia officials evaluate international transport corridors
Inflationary pressures rise in US as new Fed chair prepares for 1st meeting
Elon Musk becomes world's first trillionaire on paper after SpaceX IPO
European gas prices plunge 5% on hopes of US-Iran framework deal
Kioxia surpasses Toyota as Japan’s most valuable firm amid AI-driven chip rally
Turkish stock exchange opens higher on Friday
Elon Musk becomes world's first trillionaire on paper after SpaceX IPO
European gas prices plunge 5% on hopes of US-Iran framework deal
Kioxia surpasses Toyota as Japan’s most valuable firm amid AI-driven chip rally
Turkish stock exchange opens higher on Friday
France inflation rises to 2.4% in May, official data shows
Energy prices drive overall increase as gas costs jump, food inflation slows
France inflation rises to 2.4% in May, official data shows
Energy prices drive overall increase as gas costs jump, food inflation slows
Critical minerals reshaping global trade as demand surges: UNCTAD