A $6 Billion Share Sale Wave in India Signals Deals Perking Up
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Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source
Exclusive-Dollar demand estimated at $1.5 billion cleared in South Korea -source SEOUL, June 10 : The massive demand for foreign exchange conversions tied to SpaceX's IPO, which has weighed heavily on the South Korean won in recent weeks, has been cleared, a source familiar with the matter told Reuters on Wednesday. The estimated $1.5 billion in orders for dollar purchases has reached its final stage, said the source who has information on dollar-won onshore market transactions.
Somali ref had suspected terror ties, official say...
A United States official said Tuesday night that Omar Artan, the Somalian referee who was denied entry into the country ahead of the World Cup, was refused admission due to "association with suspected members of terror organizations." The official spoke on condition of anonymity to discuss a matter that is covered by visa privacy laws. Speaking earlier Tuesday, Andrew Giuliani, the executive director of the White House FIFA Task Force, said Artan was denied admittance for "very good reason"...
Iron ore company 'undermines' promises after failing to pay traditional owners
Traditional owners' $2 million loss as Nathan River Resources collapses 'undermines' promises Wed 10 Jun 2026 at 3:32pm In short: The Northern Land Council says Nathan River Resources undermined its own promises to traditional owners by failing to pay royalties before it collapsed. The company went into administration last month and owes about $360 million to a range of creditors including the NT government, contractors and staff.
Gold Coast mayor questions axing of more than 500 affordable homes
Gold Coast mayor calls out Qld government for axing more than 500 affordable homes Wed 10 Jun 2026 at 3:31pm In short: Gold Coast mayor Tom Tate has called for the state to guarantee more affordable homes after 550 were scrapped from a new development. Deputy Premier Jarrod Bleijie wrote to developers in May requesting the removal of an affordable housing component for two south-east Queensland developments. Mr Bleijie has defended the decision, saying it will lead to an increase in housing...