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Nikkei 225 Dips 921 Points Amid Wall Street Tech Weakness and Nasdaq Futures Drop
The Nikkei 225 declined by 921 points, or around 1.35 percent, closing near 67,480 after hitting recent highs above 68,400 in the previous session. The drop came as investors locked in profits after a strong multi-week rally driven by technology and export-oriented stocks. The index was mainly dragged down by heavy selling in semiconductor and…
Bitcoin Crashes 13% in Worst Week Since February, June 05
Bitcoin drops 13% in worst week since February as capital rotates to AI and SpaceX IPO. ETF outflows hit record streak.
S&P/NZX 50 Index Climbs to 13,161.97 Despite Broader Asian Market Declines
The NZX 50 Index defied the broader regional trend on June 5, 2026. The index opened at 13,101.61 and traded in a session range of 13,075.05 to 13,173.39, with the live reading at 13,134.26 heading into the afternoon session. The 52-week range for the NZX 50 spans 12,421.58 to 13,757.71, with the all-time high set…
Ethereum Prediction 2026: ETH Falls to $1,646 as 71% Investors Expect More Downside
Ethereum has entered a challenging phase in 2026 as investor sentiment turns increasingly bearish. The world’s second-largest cryptocurrency has struggled to regain momentum after experiencing a significant correction from its 2025 highs. Recent market data shows ETH falling toward the $1,646 level, while investor surveys indicate that approximately 71% of market participants expect additional downside…
Bitcoin (BTC) Falls 2.98% to $61,912 as $104M Crypto Liquidations Hit the Market in One Hour
Bitcoin slipped sharply to around $61,912, marking a 2.98% intraday decline as sudden selling pressure hit the crypto market. The drop came alongside a fast liquidation wave worth $104 million in just one hour, showing how quickly leverage can shake prices. We are seeing another reminder of how fragile crypto sentiment can be in short…
India’s Supreme Court Bans AI From Judicial Decisions, June 05
India’s Supreme Court bans AI from judicial decisions, sentencing, and bail. AI limited to research, translation, and case management only.
Inflation Forecast Raised: RBI Sees FY27 Inflation at 5.1%, Keeps Repo Rate at 5.25%
Inflation is once again at the center of India’s economic discussion. On June 5, 2026, the Reserve Bank of India (RBI) delivered a key monetary policy update that caught market attention. The RBI kept the repo rate unchanged at 5.25%, continuing its cautious “wait and watch” approach. At the same time, it raised its inflation…
Switch in Talks to Raise Billions as Data Center Boom Pushes Valuation Above $50 Billion
The artificial intelligence infrastructure race is creating new winners across the data center industry, and Switch is quickly becoming one of the biggest names in that trend. Reports indicate that the company is in discussions to raise billions of dollars from investors at a valuation above $50 billion, highlighting the growing demand for AI-ready data…
Asian Shares Drop Sharply as South Korea Slumps Over 5% on US AI Stock Sell-Off
Asian shares came under strong selling pressure in today’s trading session as global risk sentiment weakened sharply. We are seeing a broad decline across regional equity markets, with South Korea emerging as the worst performer. South Korea’s benchmark index fell more than 5%, driven by a global sell-off in artificial intelligence (AI) and technology stocks…