MUFG Bank, Sumitomo Mitsui, and Mizuho Bank agreed to launch a yen-denominated stablecoin to streamline stock and investment trust settlements.
Tag: markets
BOJ chief Kazuo Ueda hospitalized to miss policy meeting next week
Bank of Japan Governor Ueda was hospitalized with a hepatic cyst infection forcing Deputy Governor Himino to chair next week’s policy review.
House passes Faster Labor Contracts Act to impose faster timelines on first union contracts
The bill would force employers to begin collective bargaining within ten days of a successful union vote and reach a deal within 90 days.
Top stock recommendations for June 10 2026: Bank of India Hindustan Zinc Union Bank of India
Technical analyst Mehul Kothari recommended buying Bank of India, Hindustan Zinc, and Union Bank of India citing positive chart structures.
Rupee falls 15 paise to 95.56 against US dollar in early trade
The Indian rupee fell sharply in opening trade due to rising crude import costs and safe-haven demand for the greenback amid Middle East conflict.
Markets down Nifty slips to 23104 amid global rate and war worries
Indian equity benchmarks opened flat to lower tracking a sell-off in Asian markets as the US-Iran military conflict escalated overnight.
US Treasury Did Not Declare Country Insolvent
Claims of national insolvency debunked despite 31.4 trillion debt
Airlines Resume Middle East Flights Cautiously
Non-Gulf carriers continue to divert Europe-Asia routes to avoid conflict
Small Business Job Openings Drop to Lowest Since 2020
Employers pull back sharply on hiring as economic picture divides
Small Businesses Suffer from Unpredictable Fuel Prices
Corporate competitors absorb costs that Main Street cannot pass on