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Scandal-Hit Rajesh Exports Shares Hit 5% Lower Circuit for 5th Straight Session After SEBI Allegations
The crisis surrounding Rajesh Exports has deepened as the company’s shares reportedly hit the 5% lower circuit for the fifth consecutive trading session. The sharp decline comes after serious allegations from the Securities and Exchange Board of India (SEBI), triggering panic among investors and raising fresh questions about corporate governance at one of India’s best-known…
SoftBank Weighs Alternative Fundraising After $6B OpenAI Margin Loan Discussions Slow
SoftBank is reviewing new fundraising avenues after discussions over a $6 billion margin loan tied to its OpenAI stake lost momentum. The Japanese investment giant has been aggressively expanding its artificial intelligence portfolio, making fresh capital a key focus for investors tracking its next move. SoftBank Faces Financing Hurdle in OpenAI-Backed Loan Plan SoftBank initially…
Swiss Hydrogen Stations Close as Agrola Exits Market, June 10
Agrola closes three hydrogen stations by end of 2026, signaling challenges for hydrogen vehicle adoption in Switzerland.
Japan’s Top Banks to Launch Stablecoin Initiative by 2027 in Major Digital Payments Push
Japan’s three largest banking groups, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, are preparing to launch a jointly backed Stablecoin by March 2027. The initiative is one of the country’s largest blockchain finance projects and aims to modernize Japan’s payment infrastructure, which processes trillions of yen in transactions annually. The…
Bitcoin Falls Below $62,000 as ETF Outflows Accelerate, June 10
Bitcoin trades at $61,673.66, down 2.76% as ETF outflows hit $4.4 billion. Meyka rates BTC C+. Analysts predict $46,000 bottom or $250,000 by 2028.
Bank of Canada Signals No Quick Fix for Housing Market, June 09
Bank of Canada maintains steady housing policy as debt-stressed households face mortgage renewal challenges and refinancing pressures.
SingPost Expands MyBlock Service to All HDB, Condos by Sept 30
SingPost@MyBlock expands to all HDB and condo blocks by Sept 30, 2026, with new S$30M sorting hub processing 300,000 parcels daily.
S&P 500 Falls 0.26% as Chip Rebound Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 on June 9 as chip stocks fade and Middle East tensions rise. Nasdaq falls 0.97%. Dow gains 0.17%.
Japan Stock Splits Surge: DM Solutions, Flying Garden Lead June 10
Japanese firms announce stock splits in June 2026. DM Solutions splits 1-for-2 on June 30 to lower share prices and boost retail accessibility.