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Air Canada Launches Toronto-Shanghai Route, Stock Holds at C$21.41
Air Canada’s Toronto-Shanghai nonstop route launches June 3, 2026, with four weekly A321XLR flights covering 16 hours.
HSBC Stock Falls 3.1% as Hong Kong Shares Weaken, June 06
HSBC stock fell 3.1% to HK$141.80. The bank offers 10% deposit rates, with Meyka rating it B+ and targeting HK$169.38 in 12 months.
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.
American Express Falls 0.6% as Credit Stress Concerns Weigh, June 06
AXP stock fell 0.6% to $310.66 as Q1 delinquency rates hit 13.1%, offsetting strong earnings beat and revenue growth.
Westnetz IT Project SPACE Causes Thousands of Customer Complaints, June 06
Westnetz IT project SPACE causes payment delays and unprocessed requests, sparking thousands of complaints during digital transformation.
Asahikawa Teen Murder Trial: Defendant Denies Killing Despite Apology, June 06
Uchida Riko apologizes but denies murder in Asahikawa teen death trial. Prosecutors argue bridge actions constitute murder; verdict pending.
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.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.