LG Electronics is holding roadshows for its Indian unit’s planned IPO, expected to raise $1-1.5 billion with a valuation up to $15 billion. The Mumbai listing, aided by major banks, follows Hyundai’s record Indian IPO last year. Despite initial excitement, Hyundai’s stock performance has dipped, reflecting a broader market slowdown.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
June 25, 2026