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Russia’s Economy Faces Stagnation as Investment Collapses, June 05
VTB Bank warns Russia’s economy faces stagnation in 2026 with capital investment down 14.3% and borrowing costs high. Growth forecast at 0% to 0.5%.
Japan’s BOJ Hints at June Rate Hike as Inflation Concerns Rise, June 05
BOJ Governor Ueda signals June rate hike to combat inflation. Yen remains weak at 160 per dollar despite hawkish signals.
Bitcoin Slides 13% in Worst Week Since February, June 04
Bitcoin drops 13% in worst week since February as ETF outflows extend to 13 consecutive days. Over 50% of BTC supply now in unrealized losses.
Seven-Eleven Japan’s Fried Food Sale Sells Out Fast, Stock Holds Steady June 05
Seven-Eleven Japan’s half-price fried food sale sold out at many stores June 3-6. Stock fell 1.3% to ¥3,456.
RTX Wins $516M Navy Radar Contract, Expands Hiring June 05
RTX wins $516M Navy contract for SPY-6 radar. Stock rises 2.2% as defense spending accelerates and workforce expands.
Activist Nomura Acquires 1.86% of TV Asahi, June 05
Activist investor Nomura Ayako acquires 1.86% stake in TV Asahi Holdings on June 4, becoming 8th largest shareholder. Stock rises 4.6%.
Bajaj Auto Rises 0.8% to ₹10,362 on June 04 as Copper Demand Climbs
Bajaj Auto stock rises 0.8% to ₹10,362. Meyka rates it B+ with ₹11,024 target. Copper surge supports automotive demand.
Japan Post Holdings Stock Rises 3.4% on June 05 as Earnings Loom
Japan Post Holdings stock rose 3.4% to ¥2,145.50 on June 05. Meyka rates it B-, indicating limited upside ahead of the June 26 shareholder meeting.
Steven Lyons Fights Spain Extradition in Amsterdam Court, June 04
Steven Lyons contests extradition from Netherlands to Spain over organised crime charges. Amsterdam court decision due June 18.