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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.
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.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.
Elon Musk Nears $1 Trillion Net Worth as SpaceX IPO Launches June 12
Elon Musk’s net worth approaches $1 trillion as SpaceX IPO launches June 12 with $1.8T valuation and combined stakes exceeding $1.1 trillion.
Germany and France End €100B Fighter Jet Project, June 09
Germany and France cancel €100 billion FCAS fighter jet project after Airbus-Dassault leadership disputes. Combat Cloud may continue separately.
Hong Kong Banks Boost Savings Rates: HKD3,888 Cash Rebate Offers, June 10
Hong Kong banks offer up to HKD3,888 cash rebates on savings accounts with minimum deposits of HKD5 million through October 2026.
Bitcoin Slides Under $63,000 as ETF Withdrawals Continue, While Analysts Eye Future Record Highs
Bitcoin came under pressure as the world’s largest cryptocurrency slipped below the $63,000 level, weighed down by continued withdrawals from spot Bitcoin exchange-traded funds (ETFs). The decline has sparked concern among short-term traders, but many analysts remain optimistic about the long-term outlook and continue to forecast new record highs in the coming years. The recent…
Wall Street Set for Higher Open as Investors Welcome Chip Rebound and Lower Iran-Israel Tensions
Wall Street looked set for a stronger opening as investors responded positively to a rebound in semiconductor stocks and signs of easing tensions between Iran and Israel. The improved mood across global financial markets helped lift futures tied to major U.S. indexes, reflecting growing optimism among traders and institutional investors. Market participants have been closely…