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Marvell, Flex Join S&P 500 on June 22 as AI Boom Reshapes Index
Marvell Technology and Flex Ltd. join S&P 500 on June 22, replacing Pool Corp. and Campbell’s, reflecting AI boom’s impact on index composition.
KPMG UK Scraps Summer Friday Early Finish, June 06
KPMG UK ends summer Friday early finish policy, reversing a Covid-era workplace perk as firm reviews business needs.
Chip Stocks Crash $1.3 Trillion as AI Rally Falters, June 07
Chip stocks crash $1.3 trillion on June 5 as Broadcom disappoints and AI demand concerns spread. Nvidia, Micron, AMD lead selloff.
SIP Investing in India: How ₹5,000 Monthly Builds Wealth Over 10 Years
₹5,000 monthly SIP grows to ₹9-10 lakhs in 10 years through compounding. Compare large-cap, mid-cap, and hybrid fund options for Indian investors.
Shenzhen Issues Rainstorm Warning as Southern China Faces Severe Weather, June 07
Shenzhen meteorological bureau issues yellow rainstorm warning. Heavy rainfall poses risks of flooding and landslides across multiple districts.
Egypt Seeks Global Support for Developing Economies, June 06
Egypt urges global support for developing economies as Middle East tensions disrupt trade. EBRD launches €5 billion investment program in 2026.
Singapore Traffic Police Gets New Commander, June 07
SAC Serene Chiu replaces SAC Daniel Tan as Singapore traffic police commander on June 2, after Tan became CEO of the Gambling Regulatory Authority.
Japan Tightens Rules on Structured Deposits as Complaints Rise, June 07
Japan’s FSA strengthens structured deposit rules amid complaints over withdrawal limits. Banks must improve customer disclosures.
Nasdaq Plunges 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks plummeted amid Fed rate hike bets following strong jobs data.