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LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…
Japan Paint Drops Akzo Nobel Bid After Rejection, June 04
Japan Paint Holdings abandons 2 trillion yen Akzo Nobel acquisition after Dutch company rejects bid twice.
Top Performing Hong Kong Stocks Today: Tencent Holdings (0700.HK), Tencent (80700.HK), CATL (3750.HK)
The Hong Kong stock market has been generating serious investor attention in June 2026. Tencent Holdings, its RMB-denominated counter, and CATL are leading the charge with strong trading volumes, solid business fundamentals, and clear growth narratives around artificial intelligence and clean energy technology. These three businesses represent a unique blend of artificial intelligence growth and…
Nvidia CEO Jensen Huang Courts South Korea as Samsung and SK Hynix Power 70% of AI Chip Memory
Nvidia’s CEO, Jensen Huang, is on his second visit to South Korea in just seven months, and this trip goes well beyond boardroom meetings. Samsung Electronics and SK Hynix together produce about 70% of the memory needed for AI chips like Nvidia’s, making South Korea an essential partner in the physical AI era. Huang’s visit…
Bitcoin Slides to 4-Month Low Near $61K as Iran Tensions and ETF Outflows Pressure Crypto
Bitcoin has once again come under strong selling pressure, sliding toward a 4-month low near the $61,000 zone. The world’s largest cryptocurrency is struggling to hold key support levels as global uncertainty rises. The latest drop is not happening in isolation. We are seeing a combination of geopolitical stress from Iran-related tensions, along with continuous…
Nikkei 225 Falls 931 Points to 67,470.69 as Tech Stocks Drag Japan and South Korea Markets Lower
Asian stock markets came under pressure on June 4, 2026, as Japan’s Nikkei 225 tumbled 931 points to 67,470.69, ending a powerful rally that had pushed the index to record highs just a day earlier. Technology and semiconductor stocks led the decline, while South Korea’s market also moved lower amid growing concerns about AI-related valuations…
Rajesh Exports Scandal: SEBI Flags ₹15 Lakh Crore Revenue Discrepancy Allegations
One of India’s most closely watched corporate fraud cases broke wide open on June 4, 2026. SEBI passed an interim order against Rajesh Exports Limited (NSE: RAJESHEXPO), the world’s largest gold processor, alleging it misrepresented consolidated revenues worth ₹15.15 lakh crore between FY21 and FY25. The alleged misrepresentation accounts for 99.80% of all revenues generated…
Asia FX Holds Steady Following Selloff Triggered by Dollar Strength and Middle East Risks
Asia FX markets steadied on June 4, 2026, after a bruising stretch driven by dollar strength and renewed Middle East escalation. The US Dollar Index (DXY) traded near 99.00 heading into the June 3–4 session, after hotter-than-expected JOLTs job openings data cemented a higher-for-longer rate outlook at the Federal Reserve. That macro backdrop kept pressure…
Osaka Police Arrest Tokuryuu Gang Leader After 4-Hour Manhunt, June 04
Osaka police arrest suspected Tokuryuu gang leader Tomoki Fujiwara for stealing 60 smartphones worth 434 million yen in March.