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Pacific Century Regional Developments Limited

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Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%
📅 7 hours ago

Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%

We observed significant volatility across major regional indices on June 24, 2026. The broader Asia stocks landscape delivered a highly lopsided trading session for global macro participants. South Korea staged a spectacular technology-led recovery. Meanwhile, Southeast Asian risk assets buckled under index reclassification fears. This divergence shows how localized corporate catalysts are dictating regional equity…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 7 hours ago

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000
📅 7 hours ago

Sensex Surges 791 Points to 76,991 as Nifty Reclaims 24,000

Indian stock markets staged a strong comeback as Sensex surged 791 points to close at 76,991, while the Nifty 50 gained 197 points to settle at 24,021, reclaiming the crucial 24,000 level. The rally was driven by strong buying in banking and IT stocks, easing crude oil prices, improved global sentiment, and renewed optimism around…

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FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout
📅 8 hours ago

FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout

European markets delivered a mixed performance on Wednesday as investors balanced a sharp global technology selloff against easing geopolitical concerns in the Middle East. The FTSE 100 managed to stay in positive territory, while Germany’s DAX came under pressure from weakness in technology and semiconductor stocks. Market participants also monitored political developments in the UK…

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Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 
📅 8 hours ago

Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 

Honasa Consumer shares fell nearly 4% to ₹403.50 after the company announced its ₹135 crore acquisition of a majority stake in Fluence Pharma in June 2026. The deal marks a major step into India’s fast-growing nutraceutical market, expanding beyond traditional beauty and personal care products.  While the stock market reacted cautiously, the move highlights Honasa’s…

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Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook
📅 9 hours ago

Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook

Qatar Airways has permanently retired its Airbus A380 from all Australian routes as of June 2026. The superjumbo last flew the Doha–Sydney route in March 2026 and was originally scheduled to return in September. Instead, Qatar Airways now deploys the Boeing 777-300ER on that corridor. Sydney Kingsford Smith Airport (SYD) was the carrier’s first and…

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Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff
📅 11 hours ago

Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff

Gold prices moved sharply lower on June 24 as gold futures (GC=F) fell 0.67% while the U.S. Dollar Index gained around 0.4%. The decline reflects growing pressure from a stronger dollar and changing expectations around Federal Reserve policy.  Gold is often seen as a safe-haven asset, but recent market signals have pushed investors toward the…

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ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update
📅 12 hours ago

ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update

The ASX traded mixed at midday as investors poured money into technology stocks while reducing exposure to energy companies. The information technology sector emerged as the strongest performer, rising nearly 5%, while the energy sector fell more than 2% amid weakness in oil prices. ASX Technology Stocks Power Higher as Investor Demand Strengthens Technology shares…

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Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR
📅 12 hours ago

Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR

Bajaj Auto Ltd disclosed on June 23, 2026, that a ransomware attack had affected its systems and those of its subsidiary, Bajaj Auto Technology Ltd. The news quickly caught investors’ attention, sending the stock down 1.81% to around ₹9,844 on June 24.  While the company said operations remain protected, the incident highlights the growing cyber…

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