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PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.
Hong Kong Creates Tokenised Bond Expert Group, June 06
HKMA launches Tokenised Bond Expert Group to advance digital bond adoption in Hong Kong with industry partners and green tokenised bonds.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…
META Stock Momentum Builds: Meta Platforms Inc Gains 0.74% to $627.57 as Roundview Capital LLC Raises Holdings
META stock gained 0.74% to close at $627.57, signaling renewed investor confidence in Meta Platforms Inc as institutional investors continue to increase their positions. The upward move comes at a time when technology stocks are regaining momentum, supported by strong earnings expectations and continued growth in artificial intelligence investments. The latest filing shows that Roundview…
Japan Backs Rapidus With $943M as 2nm Chip Push Accelerates, June 05
Japan invests $943M in Rapidus for 2-nanometer chip production by 2027, bringing total government backing to $1.8B for semiconductor sovereignty.
SpaceX IPO Prices at $135 Per Share, Targets Record $75 Billion Raise, June 05
SpaceX sets $135 IPO price for $75 billion raise, valuing the aerospace firm at $1.75 trillion with 30% retail allocation.
O’Neil’s $375K Property Profit Stirs Tax Reform Debate, June 05
Housing Minister Clare O’Neil made a $375,000 capital gain on an investment property while promoting tax reforms limiting negative gearing.
Meesho Shares Rebound 1.6% to ₹167.98 After Eight-Day Losing Streak; Choice Sees More Upside
Meesho Shares rebounded 1.6% to ₹167.98 after suffering eight consecutive sessions of declines. The recovery came as bargain hunters entered the stock following a sharp correction that erased more than 16% of its market value in just over a week. Despite the rebound, the stock remains under pressure due to concerns surrounding an upcoming lock-in…