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Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
Singapore White-Collar Job Losses Rise as Unions Handle 3,900 Cases, June 09
Singapore white-collar retrenchments hit 3,900 in 2025. NTUC warns of AI and offshoring job cuts in finance, tech, and professional services.
BP Shares Fall 12% to £5.46 as Oil Peace Deal Weighs, June 08
BP shares fall 12% to £5.46 on Iran peace deal expectations. JPMorgan holds 600p target; analyst consensus at 635p. CEO change supports oil focus.
Murata Stock Drops 12% on Tech Selloff, June 08
Murata Manufacturing stock fell 12% to ¥8,711 on June 08 amid AI concerns and Middle East tensions. Meyka rates it B.
Hong Kong Markets Face Fraud Alerts as Banks Issue Warnings, June 08
Hong Kong banks issue fraud alerts as HKMA warns of phishing sites targeting Alipay and bank customers. Protect your account credentials.
S&P 500 Hits AI-Driven Highs as Citigroup Lifts Forecast to 8,100 but Warns on P/E Pressure
The S&P 500 continues to push toward record territory as enthusiasm surrounding artificial intelligence drives investor confidence across the stock market. Adding to the bullish sentiment, Citigroup recently raised its forecast for the benchmark index to 8,100, reflecting expectations of continued earnings growth and sustained momentum from technology leaders. However, alongside this optimistic outlook, Citigroup…
NB Power’s Gas Plant Cost Revealed in Auditor Report, June 08
Auditor general reveals true cost of NB Power’s controversial gas plant. Details on utility spending and financial impact emerge.
Prince William Plans Royal Property Crackdown as King, June 08
Prince William plans to ban subletting and end rent-free housing for non-working royals upon becoming king, per a National Audit Office report.
Samsung Pursues HBM4E Deal With Nvidia as Memory Competition Heats Up
Samsung pursues HBM4E partnership with Nvidia as memory chip competition intensifies among qualified suppliers.