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RBI Gold Reserves Controversy: What the Data Really Shows, June 06
RBI gold reserves: Governor denies May 2026 sales, but analysis shows 14-15 tonne reduction. Valuation changes versus physical holdings explained.
Bitcoin Crashes Below $60,000 as Sell-Off Deepens, June 06
Bitcoin crashes below $60,000 to lowest level since October 2024. Worst week since FTX collapse. ETF outflows and major holder sales drive sell-off.
Air Canada Launches Toronto-Shanghai Route, Stock Holds at C$21.41
Air Canada’s Toronto-Shanghai nonstop route launches June 3, 2026, with four weekly A321XLR flights covering 16 hours.
HSBC Stock Falls 3.1% as Hong Kong Shares Weaken, June 06
HSBC stock fell 3.1% to HK$141.80. The bank offers 10% deposit rates, with Meyka rating it B+ and targeting HK$169.38 in 12 months.
USD/JPY Hits 160 as BoJ Rate Hike Odds Rise, June 06
USD/JPY nears 160 level amid BoJ intervention risk. Strong US jobs data supports dollar as yen weakens and rate-hike odds surge.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Asahikawa Teen Murder Trial: Defendant Denies Killing Despite Apology, June 06
Uchida Riko apologizes but denies murder in Asahikawa teen death trial. Prosecutors argue bridge actions constitute murder; verdict pending.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops to $60,912, down 4.2% daily. MicroStrategy sale and AI rotation drive $62 billion loss in crypto treasury holdings.
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.