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Railway Board Blocks Free MMTS Travel in Telangana, June 06
Railway Board rejects Telangana’s free MMTS proposal due to Rs 162 crore annual losses and Rs 490 crore unpaid dues.
USD/JPY Hits 160 as US Jobs Data Stokes Rate Hike Bets, June 06
USD/JPY surges above 160 after US jobs beat forecasts. Fed rate hike odds rise amid yen weakness and Japanese intervention warnings.
Bitcoin Crashes Below $61K as AI Capital Rotation Deepens, June 06
Bitcoin drops to $60,970 USD amid 4.1% daily decline and $3.45B in ETF outflows driven by AI capital rotation.
Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.
Bitcoin Crashes to $60,922 as Worst Week Since 2022 Deepens
Bitcoin drops to $60,922 in worst week since 2022, down 14% weekly and 30% year-to-date as capital rotates to AI and IPOs.
Rheinmetall Dividend Yield Hits 11.5% as German Defense Stock Soars
Rheinmetall AG offers 11.5% forward dividend yield. German defense stock with strong earnings and high payout attracts dividend investors.
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.
EPFO Retains 8.25% EPF Interest Rate for FY 2025-26, June 06
EPFO retained 8.25% EPF interest for FY 2025-26, crediting between June-September 2026 after government notification and reconciliation.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.