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Bank of Japan Raises Rates to 1%, Highest Level Since 1995
📅 in about 4 hours

Bank of Japan Raises Rates to 1%, Highest Level Since 1995

BOJ set to raise rates to 1% on June 16, the highest since 1995, as inflation and weak yen force tightening action.

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Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
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Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users

Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…

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Mitsui Sumitomo Merger Targets ¥280B Profit by 2030, June 12
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Mitsui Sumitomo Merger Targets ¥280B Profit by 2030, June 12

Mitsui Sumitomo Marine and Aioi Nissay Dowa merger targets ¥280B profit by 2030, reshaping Japan’s insurance competitive landscape.

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Hong Kong MPF Contribution Limits Set to Rise, June 12
📅 in 19 minutes

Hong Kong MPF Contribution Limits Set to Rise, June 12

MPF contribution limits may rise to HK$40,000 monthly income cap from July 2026, with lower earners exempt above HK$10,500.

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SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
📅 1 hour ago

SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?

Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…

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Exail Technologies Shares Drop 21% After Failed Bond Valuation Talks With ICG Raise Refinancing Concerns
📅 2 hours ago

Exail Technologies Shares Drop 21% After Failed Bond Valuation Talks With ICG Raise Refinancing Concerns

Shares of Exail Technologies fell sharply by around 21% in a single trading session, marking one of the steepest drops in recent months. The decline came after the company confirmed that it failed to reach an agreement with financial investor ICG on bond valuation terms. The market reaction was immediate and aggressive. Investors quickly priced…

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Hitachi Energy India Shares Rise 4% on ₹2,000 Crore Vadodara Factory Investment Plan 
📅 2 hours ago

Hitachi Energy India Shares Rise 4% on ₹2,000 Crore Vadodara Factory Investment Plan 

Shares of Hitachi Energy India jumped around 3–4% in recent trading sessions after the company announced a major ₹2,000 crore investment plan for a new manufacturing facility. The proposed expansion is centered in Vadodara, a key industrial hub in Gujarat. The market reacted quickly, as investors saw this as a strong signal of long-term growth…

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Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion
📅 2 hours ago

Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion

AMD Stock gained significant attention after shares surged 7.97% to $488.45, driven by the company’s announcement that it plans to invest more than $10 billion across Taiwan’s semiconductor and artificial intelligence ecosystem. The move highlights AMD’s commitment to expanding its manufacturing capabilities and strengthening its position in the rapidly growing AI infrastructure market. Investors responded…

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AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story 
📅 3 hours ago

AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story 

Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…

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