European shares subdued on Fed rate-hike bets

European shares subdued on Fed rate-hike bets

Published Thu, Jun 18, 2026 · 03:50 PM EUROPEAN shares were subdued at the open on Thursday (Jun 18), as investors bet the Federal Reserve’s next move would be a rate hike following hawkish projections from policymakers, although easing oil prices helped temper inflation concerns. The pan-European Stoxx 600 index edged 0.15 per cent lower…

Read More

Indonesia central bank raises rates by 25 basis points

Indonesia central bank raises rates by 25 basis points

It raised the seven-day reverse repurchase rate to 5.75%, the highest level since May 2025 Published Thu, Jun 18, 2026 · 03:45 PM — Updated Thu, Jun 18, 2026 · 06:05 PM [JAKARTA] Indonesia’s central bank raised its benchmark rates by 25 basis points on Thursday (Jun 18), just a week after a surprise off-cycle…

Read More

Top Glove quarterly profit surges 138% on cost control measures

Top Glove quarterly profit surges 138% on cost control measures

The company benefits from a diversified supplier network across multiple countries Published Thu, Jun 18, 2026 · 03:35 PM [KUALA LUMPUR] Top Glove, the world’s largest rubber glove manufacturer, reported a 138 per cent surge in third-quarter profit after tax on Thursday (Jun 18), as the company’s control measures paid off amid rising raw material…

Read More

Inflation, energy, markets: What’s next after US-Iran peace deal

Inflation, energy, markets: What’s next after US-Iran peace deal

Despite the MOU, which includes a US$300 billion fund, uncertainty still lies ahead, say analysts [SINGAPORE] The US and Iran have agreed to an interim peace deal, both countries said on Thursday (Jun 18), after a months-long conflict that started in late February. Both agreed to the “immediate and permanent termination” of military operations on…

Read More