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HSBC Stock Rises 3.1% Amid Middle East Debt Crisis Concerns, June 15
HSBC stock rises 3.1% to HK$142.80 as investors weigh Middle East debt exposure. The bank holds $400M in IFFCO loans amid regional credit concerns.
UK Seizes Russian Oil Tanker in English Channel, June 15
UK Royal Marines seize Russian oil tanker Smyrtos in English Channel, intercepting shadow fleet vessel carrying crude oil.
5G and AI Drive Data Center Boom, June 15
5G and AI drive data center optical transceiver market to USD 21.3B by 2032, with Asia-Pacific as fastest-growing region.
Saudi Aramco Expands Gas Output With $1B Infrastructure Deal, June 14
Saudi Aramco awards $1.04 billion gas compression plant contract and signs service agreement as part of strategy to boost gas output by 80% by 2030.
Fujikura Stock Crashes 44% in One Month Despite Record Earnings
Fujikura stock fell 44% in June despite record profit growth and AI data center demand, driven by valuation correction and profit-taking.
Gold Falls to 7-Month Low as Interest Rates Weigh, June 15
Gold falls to $4,022 per troy ounce, lowest since November, as rising interest rates shift investor demand away from precious metals.
Hong Kong Civil Service Gets 2% Raise, June 15
Hong Kong civil service receives 2% pay raise. Unions claim it’s a pay cut versus inflation. New performance review system launches October 2026.
RBA Tipped to Hold Rates as Banks Split on 2027 Cuts, June 14
RBA expected to hold rates at 4.35% on June 18. Three major banks forecast 2027 rate cuts, but Westpac warns of potential August-September hikes.
Japan Company Name Changes Hit Record 19,656 in 2025, June 14
19,656 Japanese companies changed names in fiscal 2025, a record high. Service sector led the shift with long-term sales growth potential.