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SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.
China Cuts Rare Earth Exports to Japan Over Military Concerns, June 20
China defends rare earth export curbs to Japan as security measure. G7 commits to reducing supplier dependence by 2030.
Air New Zealand CEO Bets on AI as Tech Challenges Mount, June 20
Air New Zealand’s CEO pursues AI-powered airline strategy amid fuel costs and currency headwinds.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.
ElevationSpace Raises ¥6.4B in Series B, Eyes Global Space Market
ElevationSpace secures ¥6.4B Series B funding for reentry satellite technology, bringing total funding to ¥10.1B for space-to-Earth cargo transport.
SpaceX Stock Falls to $185 After Cursor Deal, June 19
SpaceX stock falls to $185 after Cursor acquisition. Down from $212 peak but 37% above IPO price. Morningstar fair value estimate: $62.
Sapore Opens at Former Meitetsu Department Store, June 20
Premium supermarket Sapore opens in Nagoya’s former Meitetsu Department Store basement in winter 2026, serving 2,500 square meters.
Sri Lanka Battles Worst Dengue Outbreak in Years, 44,000 Cases
Sri Lanka reports 44,000 dengue cases and 28 deaths in 2026, with cyclone damage and urbanization fueling the worst outbreak in years.