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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…
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.
Social Security Faces Insolvency in 2032, Medicare in 2033
Social Security trust fund depletes in 2032, Medicare in 2033. Trustees warn of 22% benefit cuts for retirees without congressional action.
ASEAN Future Forum Opens in Hanoi, June 10
Vietnam hosts 2026 ASEAN Future Forum in Hanoi, focusing on AI, green economy, and regional cooperation to reshape ASEAN’s global role.
Seres-Backed Saidou Launches AI-Powered Smart EV Brand
The global electric vehicle industry is entering a new phase as Saidou, backed by automotive company Seres, officially launches its new AI-powered smart EV brand. The move marks a major step in combining artificial intelligence with next-generation mobility solutions. The launch highlights how automakers are increasingly shifting toward intelligent transportation systems that go beyond traditional…
Shin Kinesindo Bankruptcy: 78-Year-Old Confectionery Faces 1 Billion Yen Collapse
Shin Kinesindo, 78-year-old Japanese confectionery maker, filed for bankruptcy with 1 billion yen debt due to sales decline and labeling scandal.
Tencent Shares Jump 5% as $4 Billion Bond Sale Draws Over $6 Billion in Orders
Tencent Shares climbed as much as 5% to HK$468.4 in Hong Kong trading on June 9 after the company received more than $6 billion in orders for its planned $4 billion dual-currency bond offering. The strong demand highlighted investor confidence in one of China’s largest technology companies. Tencent Shares Rally as Investor Demand Exceeds $6…
EPFO 3.0 Rules: PF Withdrawals via UPI Coming Soon for Millions of Members
The EPFO 3.0 Rules are becoming one of the most discussed financial reforms in India. The focus is simple: make Provident Fund (PF) access faster, easier, and fully digital. For millions of salaried employees, EPF savings are a financial safety net. But the current withdrawal process is often slow and paperwork-heavy. Now, reports and government…
Prince William Plans Royal Property Crackdown as King, June 09
Prince William plans to end rent-free homes for non-working royals and ban subletting of palace properties when he becomes king.