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UNBELIEVABLE: 4 - The Untold Story

Iran stops talking to mediators, Iranian reports say, but Trump says talks continue

Iran stopped communicating with mediators after Israel threatened to bomb Beirut as it fights the Lebanese militia Hezbollah

AAP

KTAM touts balanced diversification strategy

Global economic uncertainty, rising inflationary pressures and escalating geopolitical tensions are expected to shape investment strategies in the second half of 2026, prompting investors to focus more heavily on portfolio diversification while avoiding excessive exposure to long-term bonds, according to Krungthai Asset Management (KTAM).

Bangkok Post

AAP Rolling News Bulletin June 3, 0400

AAP Rolling News Bulletin for June 3 at 0400

AAP

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Euro Zone Inflation Climbs To 3.2% As Iran War Keeps Energy Prices Elevated

Rising oil and gas prices linked to the conflict involving Iran continued to drive inflation across the euro area, while price pressures varied significantly among member states.

International Business Times

Iran inflation hits highest level since World War II. Is another crisis brewing?

Iran's annual inflation rate surged to its highest level since World War II in May, highlighting the deepening economic crisis facing ordinary citizens as the country grapples with the fallout of conflict, sanctions and long-standing structural problems.

The Times of India

Inflation target should not be increased, says Bank governor

Andrew Bailey he believes inflation would currently be at the 2% target level were it not for the conflict in the Middle East.

Evening Standard

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained 382 points and Nifty closed above 23,480, while investors tracked monsoon progress, inflation trends, RBI policy outlook and liquidity conditions.

The Economic Times

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Iran stops talking to mediators over Israel fighting Hezbollah in Lebanon, Iranian reports say

Iran stopped communicating with mediators after Israel threatened to bomb Beirut as it continues fighting the Lebanese militia Hezbollah

AAP

Iran's inflation hits highest level since World War II as unrest and sanctions bite

Iran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War II. The nation's currency, the rial, is taking a substantial hit, affected by nearby conflicts and severe U.S. sanctions. In addition, systemic corruption and poor economic oversight are fueling…

The Economic Times

Illinois Senior Alert: Why Your Grocery Bill May Be Ticking Down Slightly in Some Parts of the State

Seniors in parts of Illinois are finally seeing some welcome news as grocery bills start to tick down slightly. Local competition and improved regional supply chains are leading to lower prices for many essential food items this month. This is a very positive trend for those living on fixed incomes…

Grocery Coupon Guide

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests

This year has seen rising criticism of the student loans system after the chancellor announced at the autumn 2025 budget the repayment threshold would be frozen for three years

The Independent UK

India overhauls inflation framework with new Producer Price Index, revised WPI

India is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to align with global standards and better capture price trends. The revised WPI will cover more commodities and include renewable energy. New Producer Price Indices for goods…

The Economic Times

Iran's inflation hits World War II levels, deepening economic pain

Iran's year-on-year inflation reached a record high in May, the worst since World War II

AAP

A volcano that grows taller in the rain? Mount Fuji has been hiding a geological secret

Mount Fuji's ground is swelling up to two centimeters during heavy rains, a phenomenon not linked to magma. Scientists discovered that porous rock layers beneath the volcano act like natural sponges, absorbing rainwater and causing temporary inflation. This discovery helps distinguish between weather-related ground movement and genuine volcanic threats, improving…

The Times of India

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The Independent UK

Unemployment to hit 2m under Labour, business group warns

Lack of jobs worst for the 16-24 year olds

Euronews

Inflation hits 3.2%, highest since 2023: Are ECB rate hikes inevitable?

Eurozone inflation rose to 3.2% in May, the highest since 2023, driven by energy and services. Markets now see an ECB rate hike next week as done deal.

The Economic Times

Higher petrol, diesel prices threaten to rekindle inflation pressures: Report

Fuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflation for consumers. Food and core inflation could accelerate. Companies may pass these costs to buyers. Goods and services tax reductions offer some relief. However, elevated energy costs remain…

The Economic Times

RBI MPC: Iran war puts Malhotra & Co in razor-edge policy bind over inflation, growth and rupee

The Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupee and a weak monsoon threaten to slow growth while pushing up inflation.

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Bangkok Post

Thailand sees 2% growth and 3% inflation in 2026: central bank chief

The Thai economy is expected to grow 2% this year, Bank of Thailand (BoT) governor Vitai Ratanakorn told a news briefing on Tuesday.

The Economic Times

India to unveil broader gauge for inflation in data revamp

India is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and services. It aims to provide a more comprehensive view of inflation. The index will help policymakers better understand and manage price pressures. This move aligns India with…

International Business Times UK

PlayStation 6 Faces Shocking $899 Price Tag Due to Inflation, AI Chip Shortage

Sony's PlayStation 6 may launch in 2027 with a price of $899, driven by AI chip shortages and rising component costs, challenging traditional console pricing strategies.

The Economic Times

Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocks

European shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors await key inflation data for insights into the Mideast conflict's economic impact. A partial ceasefire in Lebanon and easing crude prices also supported market sentiment.

The Economic Times

Global Markets: South Korean shares post record-high close as Nvidia hopes lift tech stocks

South Korean stocks hit a record high Tuesday, driven by tech giants like Samsung Electronics and Naver, fueled by hopes of AI collaboration with Nvidia. Despite a volatile trading session, the KOSPI closed higher. Meanwhile, consumer inflation surged to a two-year peak, potentially prompting monetary tightening. Foreign investors continued their…

Fortune

It's not a recession. But Goldman says your paycheck is acting like it

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

The Economic Times

A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print

India’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability…

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