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Tamil Nadu Power Cuts Spark Political Row, June 08
Tamil Nadu power cuts June 8: TNPDCL maintenance suspends electricity 9 AM–5 PM across Chennai, Coimbatore, Erode, Tiruppur, and other districts.
Microsoft Stock Falls 2.7% on AI Spending Doubts, June 08
Microsoft stock fell 2.7% to $416.67 amid analyst disagreements on AI spending returns and mixed price targets.
Australia’s AUKUS Nuclear Submarine Deal Faces New Pressure, June 07
Australia’s $368 billion AUKUS nuclear submarine deal faces criticism over sovereignty and war risks, with PM Albanese defending the program.
Shimao Group’s Hong Kong Airport Hotel Faces Bank Seizure, June 08
Shimao Group’s 1,200-room Sheraton hotel near Hong Kong Airport faces bank seizure after defaulting on a HK$4.5 billion loan.
SpaceX IPO June 12: Musk Targets $1.8 Trillion Valuation
SpaceX IPO on June 12 targets $1.8 trillion valuation. Elon Musk’s net worth could reach $1.1 trillion. S&P 500 entry expected 2028.
Newfoundland Power Restores Service After Grid Trip, June 07
Newfoundland power outage restored after Labrador Island Link trip. Most customers back online. Grid concerns rise.
Kawamura Sentenced to Life: Sapporo Court Rules on Robbery Murder, June 08
Prosecutors seek life sentence for 21-year-old Kawamura Hane in Hokkaido robbery murder case. Verdict scheduled for June 25, 2026.
House Passes War Powers Resolution Against Trump’s Iran War, June 07
House passes war powers resolution 215-208 requiring Trump to seek congressional approval for Iran military action.
China’s 100 Billion Yuan Stimulus Drives Lending Surge, June 08
China’s 100 billion yuan stimulus drives 8.8 trillion yuan in new lending, targeting small businesses, equipment upgrades, and consumer services.