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Goldman Sachs Stock Falls 4.9% as Fed Rate Cut Outlook Shifts, June 08
Goldman Sachs stock fell 4.9% after revising Fed rate cut forecasts lower due to strong US jobs data in early June.
Kospi Index Plunges 4.82% to 7,767.45 as AI Selloff and Iran Tensions Rattle Asia Stocks
The Kospi Index opened on June 8, 2026, in freefall. Early Asian trading saw the Kospi’s losses widen to 8.37%, breaking below the psychological 7,500 level before recovering. The Korea Exchange announced a 20-minute trading halt as circuit breakers triggered following the sharp drop. The index recovered partially to close at 7,767.45, a net decline…
Oil Prices Spike: WTI Hits $92.64, and Brent Reaches $95.42 Amid War Risks
Oil Prices moved sharply higher on June 8 as Iran and Israel exchanged fresh strikes, testing the fragile Hormuz ceasefire. West Texas Intermediate (WTI) crude rose 2.32% to $92.64 per barrel, while Brent crude gained 2.5% to $95.42 per barrel. The rally followed renewed conflict involving Israel, Lebanon, and Iran, increasing fears of a prolonged…
Oil Prices Surge 3% as Iran-Israel Strikes Test Hormuz Ceasefire, June 08
Oil prices surge 3% to $96.05 Brent amid Iran-Israel strikes and 14-week Strait of Hormuz closure, triggering OPEC+ supply crisis response.
SpaceX IPO Targets $1.75 Trillion Valuation, June 07
SpaceX IPO seeks $75B at $1.75T valuation with $150B investor demand. Mega-tech offerings could create summer market headwinds, analysts warn.
Portugal Launches Split National Day Celebration in Luxembourg, June 07
Portugal celebrates National Day in Luxembourg for first time, engaging its diaspora. Official ceremonies continue June 10 in the Azores.
Shimao Group’s Hong Kong Airport Hotel Faces Bank Seizure, June 08
Shimao Group’s 1,200-room Sheraton hotel near Hong Kong Airport faces bank seizure after defaulting on a HK$4.5 billion loan.
Bybit Opens SpaceX IPO Access via Crypto, June 08
Bybit launches IPO Express, offering retail investors tokenized SpaceX shares at IPO price through xStocks technology.
Titan Rises 0.7% as Brokerages Back Jewellery Growth, June 07
Titan stock rises 0.7% to ₹4,260 as brokerages stay bullish on jewellery growth and 19% annual revenue expansion through FY30.