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Japan Boosts Defense Budget Plan to 3.5% of GDP, June 10
Japan’s LDP approves defense spending proposal targeting 3-3.5% of GDP. Government plans to finalize new security documents by December 2026.
Swiss Postman Fired After 42 Years for Theft Prevention, June 10
Vevey postman Jean-Daniel Taverney fired after 42 years for delivering packages directly to residents to prevent theft. Union disputes dismissal.
UK’s £100,000 Tax Trap Widens as Allowance Stays Frozen, June 10
£100,000 tax threshold frozen for 2026/27, triggering 60% tax trap as personal allowance withdraws for higher earners.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 fell 0.26% to 7,386.65 on June 8 as chip stocks lost momentum. Nasdaq dropped 0.97%. Oil prices fell 3.4% on Middle East ceasefire hopes.
Barbeques Galore Liquidates 62 Stores, 500 Jobs Lost on June 10
Barbeques Galore enters liquidation with 62 stores closing and 500 jobs lost after rescue deal collapsed.
Hong Kong Gives Chief Executive Power to Certify Crimes as National Security, June 10
Hong Kong regulation allows Chief Executive to certify criminal cases as national security matters, raising judicial independence concerns.
Hardwyn India Announces 2:5 Bonus Share Issue, June 10
Hardwyn India proposes 2:5 bonus share issue. Shareholders receive 2 bonus shares per 5 held. Stock rises 0.65% to ₹24.59. Approval vote July 3, 2026.
ASEAN Future Forum Opens in Hanoi, June 10
Vietnam hosts 2026 ASEAN Future Forum in Hanoi, focusing on AI, green economy, and regional cooperation to reshape ASEAN’s global role.
MTR Launches Data-Driven Precision Marketing Platform, June 10
MTR advertising launches “25 Personas” precision targeting platform across Hong Kong’s 63 metro stations, moving from mass coverage to data-driven…