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Kospi Index Plunges 4.82% to 7,767.45 as AI Selloff and Iran Tensions Rattle Asia Stocks
The Kospi Index opened on June 8, 2026, in freefall. Early Asian trading saw the Kospi’s losses widen to 8.37%, breaking below the psychological 7,500 level before recovering. The Korea Exchange announced a 20-minute trading halt as circuit breakers triggered following the sharp drop. The index recovered partially to close at 7,767.45, a net decline…
Jensen Huang Confirms Nvidia, LG Partnership for Humanoid Robots and AI Data Centers
Jensen Huang has confirmed a new partnership between Nvidia and LG Group, marking another major step in the expansion of artificial intelligence beyond traditional computing. The collaboration will focus on developing humanoid robots and building advanced AI data centers, two sectors expected to drive the next phase of AI growth. The announcement came during Huang’s…
Tamil Nadu CM Vijay Cracks Down on TASMAC Revenue Leaks, June 08
CM Vijay orders TASMAC crackdown on liquor sales corruption. Rs 102 crore monthly leakage alleged. 717 outlets closed. Revenue reforms underway.
Ukraine Strikes Crimea Oil Depots as Diplomacy Talks Begin, June 08
Ukraine launches drone attacks on Russian oil depots in Crimea while Selenskyj meets Western leaders in London to discuss ending the war.
SpaceX IPO Targets $1.75 Trillion Valuation Despite Heavy AI and Data Center Losses
The SpaceX IPO is shaping up to be one of the largest public offerings in market history. Elon Musk’s aerospace and satellite company is targeting a valuation of $1.75 trillion, including the underwriters’ greenshoe option. The company plans to raise at least $75 billion, with the IPO expected to be structured as an all-primary offering,…
Oil Prices Surge 3% as Iran-Israel Strikes Test Hormuz Ceasefire, June 08
Oil prices surge 3% to $96.05 Brent amid Iran-Israel strikes and 14-week Strait of Hormuz closure, triggering OPEC+ supply crisis response.
China Warns of Spy Tactics at Military Expos, June 08
China’s security agency warns of foreign spy recruitment tactics at military expos targeting sensitive defense information.
Man Arrested After 5-Hour Standoff in Yishun, June 08
32-year-old man arrested in Yishun after car crash and 5-hour police standoff. Stun device and suspected drugs found. No injuries reported.
NEET Re-Exam June 21: IAF to Guard Question Papers After May Leak
NEET re-exam scheduled June 21, 2026. IAF transports question papers after May 3 cancellation due to paper leak. NTA enhances security protocols.