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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.
RBI Gold Reserves Controversy: What the Data Really Shows, June 06
RBI gold reserves: Governor denies May 2026 sales, but analysis shows 14-15 tonne reduction. Valuation changes versus physical holdings explained.
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.
UK Warns Russia Could Attack NATO by 2030, Delays Defense Plan
UK PM warns Russia could attack NATO by 2030. Military chief calls it the most dangerous period since Cold War.
Saudi Arabia Opens New Red Sea Shipping Route to India, June 06
Saudi Arabia launches SRS shipping service from Jeddah to India’s Mundra Port with 2,144 TEU capacity, supporting Red Sea trade growth.
Bitcoin Crashes Below $61K as AI Capital Rotation Deepens, June 06
Bitcoin drops to $60,970 USD amid 4.1% daily decline and $3.45B in ETF outflows driven by AI capital rotation.
Bitcoin Crashes to $60,922 as Worst Week Since 2022 Deepens
Bitcoin drops to $60,922 in worst week since 2022, down 14% weekly and 30% year-to-date as capital rotates to AI and IPOs.