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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.
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.
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…
Swiss Hydrogen Stations Close as Agrola Exits Market, June 10
Agrola closes three hydrogen stations by end of 2026, signaling challenges for hydrogen vehicle adoption in Switzerland.
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.
S&P 500 Falls 0.26% as Chip Rebound Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 on June 9 as chip stocks fade and Middle East tensions rise. Nasdaq falls 0.97%. Dow gains 0.17%.
Nasdaq Falls 0.97% as Chip Rally Fades, June 10
Nasdaq Composite fell 0.97% to 25,678.82 on June 9 as chip stocks retreated. Meyka rates it C+ with a 12-month target of $22,613.65.