Headline news for June 16, 2026: The Bank of Japan is set to raise rates to one per cent today — the highest in nearly thirty years. The U.S. and Iran have signed a preliminary agreement extending the ceasefire by sixty days and reopening the Strait of Hormuz but a permanent deal remains to be negotiated. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Howie Lim

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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