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Microsoft Stock Falls 1.77% as Xbox Overhaul Weighs on AI Spending, June 12
Microsoft stock fell 1.77% to $390.34 on June 11 amid Xbox restructuring and AI spending scrutiny, offset by strong Azure growth.
Japan’s February Election Ruled Constitutional Despite 2.1x Voting Disparity
Tokyo and Fukuoka high courts ruled Japan’s February 2026 election constitutional despite 2.1x voting disparity. 15 of 16 lawsuits rejected.
Ito-Yokado Expansion Signals Japan Retail Shift, June 13
Ito-Yokado expands Kanagawa stores with enhanced cashless payment options as Seven & i Holdings pursues digital-first retail strategy.
Canadian Citizenship Certificate Wait Times Hit 15 Months, June 12
Canadian citizenship certificate processing time reaches 15 months in June 2026, with IRCC backlog at 82,000 applications.
H3 Rocket 6th Flight Succeeds After December Failure, June 13
Japan’s H3 rocket successfully launches with 30-form configuration, deploying six satellites and restoring independent space access.
Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.
Australia’s July 1 Tax Cuts, Fuel Relief End: What Changes June 13
Australia’s July 1 changes include tax cuts up to $268, end of fuel excise relief, and tighter AML regulations for financial firms.
Singapore Waste Fees Rise 4.3% for HDB Flats, June 13
Singapore waste fees rise from July 1: HDB flats to S$10.64/month, landed homes to S$35.50. U-Save rebates available.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.