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Nasdaq Falls 0.97% as Chip Rally Fizzles, June 10
Nasdaq Composite falls 0.97% to 25,678.82 as chip stocks retreat. S&P 500 down 0.26%. Oil prices drop on Middle East ceasefire hopes.
Scandal-Hit Rajesh Exports Shares Hit 5% Lower Circuit for 5th Straight Session After SEBI Allegations
The crisis surrounding Rajesh Exports has deepened as the company’s shares reportedly hit the 5% lower circuit for the fifth consecutive trading session. The sharp decline comes after serious allegations from the Securities and Exchange Board of India (SEBI), triggering panic among investors and raising fresh questions about corporate governance at one of India’s best-known…
TRON USD Drops 0.97% Daily: TRXUSD at $0.3100
TRON USD drops 0.97% daily to $0.3100. Technical analysis shows oversold RSI at 32.32 with strong ADX trend at 46.34.
Singapore Pioneer Seniors Get S$145M in MediSave Top-ups, June 10
Pioneer Generation seniors receive S$300–S$1,200 MediSave top-ups in July 2026, totaling over S$145 million for healthcare costs.
UK Defence Spending Plan Faces Tax Rise Talk, June 10
Chancellor Reeves signals tax rises for defence spending. Government finalises £28 billion investment plan after cabinet disputes.
SoftBank Weighs Alternative Fundraising After $6B OpenAI Margin Loan Discussions Slow
SoftBank is reviewing new fundraising avenues after discussions over a $6 billion margin loan tied to its OpenAI stake lost momentum. The Japanese investment giant has been aggressively expanding its artificial intelligence portfolio, making fresh capital a key focus for investors tracking its next move. SoftBank Faces Financing Hurdle in OpenAI-Backed Loan Plan SoftBank initially…
Japan’s Top Banks to Launch Stablecoin Initiative by 2027 in Major Digital Payments Push
Japan’s three largest banking groups, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, are preparing to launch a jointly backed Stablecoin by March 2027. The initiative is one of the country’s largest blockchain finance projects and aims to modernize Japan’s payment infrastructure, which processes trillions of yen in transactions annually. The…
Bank of Canada Signals No Quick Fix for Housing Market, June 09
Bank of Canada maintains steady housing policy as debt-stressed households face mortgage renewal challenges and refinancing pressures.
US Strikes Iran After Apache Helicopter Downed, June 10
US military strikes Iran after Apache helicopter downed over Strait of Hormuz. Two pilots rescued safely. Ceasefire at risk as tensions escalate.