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Hegseth Calls for 3.5% Defense Spending, China Skips Dialogue, June 06
Hegseth urges Asian allies to increase defense spending to 3.5% of GDP at Shangri-La Dialogue amid China’s absence.
Nepal’s Foreign Minister Meets NSA Doval in Delhi, June 06
Nepal Foreign Minister Shisir Khanal meets NSA Ajit Doval in Delhi to discuss bilateral ties, border management, and security cooperation.
Bitcoin Crashes Below $60,000 as Sell-Off Deepens, June 06
Bitcoin crashes below $60,000 to lowest level since October 2024. Worst week since FTX collapse. ETF outflows and major holder sales drive sell-off.
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.
USD/JPY Hits 160 as US Jobs Data Stokes Rate Hike Bets, June 06
USD/JPY surges above 160 after US jobs beat forecasts. Fed rate hike odds rise amid yen weakness and Japanese intervention warnings.
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.
Economic Calendar Heats Up: CPI, Jobs Data Drive Markets June 06
Forex Factory tracks US CPI, jobs report, and global inflation data this week. Key economic releases drive currency market volatility.