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SK Hynix Seals Multi-Year AI Deal With Nvidia, June 08
SK Hynix signs multi-year partnership with Nvidia to develop advanced memory for AI data centers. Deal secures supply as memory demand surges.
Nasdaq Futures Rise 1.59% as Tech Rebounds From Friday’s Rout, June 08
Nasdaq futures rise 1.59% on June 08 as chip stocks rebound from Friday’s 4.2% selloff. Tech gains offset Middle East tensions and oil price surge.
Tech Rout Triggers Global Selloff as Iran-Israel Tensions Spike, June 09
Tech stocks rebound as Iran-Israel tensions ease. South Korea’s Kospi fell 8.3%, Nasdaq rose 1.2%. Oil prices spike on geopolitical risks.
UK, France, Germany Set Five Peace Conditions for Ukraine War, June 08
UK, France, and Germany leaders outline five peace conditions for Ukraine: ceasefire, security guarantees, and war damage compensation.
Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
Putin Offers Su-57 Fighter Technology to India, June 08
Putin offers India full access to Su-57 fighter technology, joint production, and technology transfer to strengthen defense ties.
Singapore White-Collar Job Losses Rise as Unions Handle 3,900 Cases, June 09
Singapore white-collar retrenchments hit 3,900 in 2025. NTUC warns of AI and offshoring job cuts in finance, tech, and professional services.
STI Falls 1.7% to 4,963.67 on Tech Rout and Middle East Tensions, June 08
Singapore’s STI index fell 1.7% to 4,963.67 on June 8 amid global tech selloff and Middle East tensions. Semiconductors led losses.
Murata Stock Drops 12% on Tech Selloff, June 08
Murata Manufacturing stock fell 12% to ¥8,711 on June 08 amid AI concerns and Middle East tensions. Meyka rates it B.