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HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11
HSBC falls 3.6% as China tightens capital controls on Hong Kong offshore accounts, threatening wealth management business and mainland investor flows.
Agrola Closes All Swiss Hydrogen Stations by Year-End, June 10
Agrola closes three Swiss hydrogen stations by end of 2026 due to low demand, reflecting EV dominance in Europe’s clean transport strategy.
WBTUSD WhiteBIT Coin Falls 0.85% Daily: $50.75 Support
WhiteBIT Coin USD drops 0.85% daily to $50.75. Market cap at $10.9B with technical signals showing neutral momentum and mixed trading activity.
Dow Falls 1.4% as Iran Tensions Push Oil Above $91, June 11
Dow Jones, S&P 500, and Nasdaq fell as Trump Iran threats boosted oil to $91 and inflation hit 4.2%. Chip stocks led losses.
Shanghai Vice Mayor Chen Yujian Under Investigation for Corruption, June 11
Chen Yujian, Shanghai vice mayor, under investigation by China’s central discipline commission for serious violations since 2022.
NSW Inquiry Into Ivan Milat’s Suspected 80-100 Murders, June 11
NSW parliament launches inquiry into Ivan Milat’s suspected 80-100 murders. Police and victim groups question the probe’s credibility and purpose.
JD.com-Backed Kai Bo Supermarket Hits 100 Stores, Launches 20% Discount June 11
Kai Bo Supermarket reaches 100 stores in Hong Kong under JD.com ownership with chain-wide 20% discount starting June 11 on all products.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 11
S&P 500 drops 0.26% to 7,386.65 as chip stocks fade amid AI valuation concerns. Nasdaq falls 0.97%.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.