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Australia’s CGT Overhaul Passes House, Senate Battle Looms June 05
Australia’s CGT reform passes House 94-48. Indexation replaces 50% discount from July 2027, with 30% tax floor from July 2028.
Josh Gottheimer Reveals Major Microsoft Stock Trade Amid Portfolio Shake-Up
Representative Josh Gottheimer has disclosed a significant Microsoft-related trade as part of a broader portfolio reshuffle, according to a recent congressional trading report. The filing showed that Gottheimer purchased two Microsoft call option positions with a combined value ranging from $550,001 to $1.1 million. The first Microsoft call option carried a $325 strike price and…
PICC Property Appoints Zhang Daoming as CEO, June 05
PICC Property’s new CEO Zhang Daoming wins regulatory approval. The insurer controls 31.6% of China’s property insurance market.
Hong Kong Tightens Illicit Cigarette Laws After 52.8M Seizure, June 05
Hong Kong Customs seized 52.8 million illicit cigarettes worth HK$238 million. Government proposes tougher penalties for smuggling.
HOCHTIEF Joins DAX Index as AI Data Center Boom Drives Stock 202% Higher
HOCHTIEF joins DAX index June 22, 2026. Stock up 202% in one year on AI data center boom. Market cap €38 billion. Meyka rates B+.
Wesfarmers Merges Blackwoods and Workwear Into Bunnings, June 05
Wesfarmers merges Blackwoods and Workwear Group into Bunnings from July 1. The move combines Australia’s largest industrial distributor with major…
Sweden’s Gripen Fighter Jet Expands Global Orders, Ukraine Secures 36 Aircraft
Ukraine orders 20 Gripen E/F jets for EUR 2.5 billion plus 16 free C/D models from Sweden, with Brazil planning additional purchases.
Wealthsimple Opens IPO Access to Retail Investors, SpaceX Joins June 04
Wealthsimple IPO Access lets Canadian retail investors request shares in select IPOs at offering price with no minimum order or fees.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 05
Dow Jones hits record 51,562 as investors rotate from AI chips to healthcare. Broadcom falls 12% on weak forecast. S&P 500 gains 0.41%.