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AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Hong Kong Seizes 52.8M Illicit Cigarettes Worth $238M, June 06
Hong Kong Customs seizes 52.8 million illicit cigarettes worth $238 million in two large sea smuggling cases from May 19-28, 2026.
Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
HSBC Faces French Charges Over Lebanon Bank Scandal, June 06
HSBC faces preliminary charges from French prosecutors over assisting Lebanese central bank governor Riad Salameh in alleged fund misappropriation.
Meta Stock Falls 6.6% on Potential Equity Raise for AI, June 05
Meta stock falls 6.6% after FT reports company considering tens of billions in equity raise to fund AI infrastructure and data centers.
Hong Kong Police Recruitment Day June 28: On-Site Selection Process
Hong Kong Police recruitment day June 28 at Kai Tak Youth Sports Ground features workshops, written exams, and fitness tests.
FSA Orders Recall of Inarah’s Frozen Foods Over Safety Concerns, June 06
FSA recalls all frozen products from Inarah’s, Inarah’s Fine Foods, and New York Crispy brands due to food safety concerns.
Taylor Swift Reaches $2 Billion Net Worth, Richest Female Musician
Taylor Swift’s $2 billion net worth makes her the richest female musician ever, driven by the Eras Tour and music catalogue ownership.
HSBC Faces €80M Bond Over Lebanon Money Laundering Case, June 06
HSBC faces formal charges in France for allegedly helping Lebanon’s central bank chief launder USD 330 million, ordered to post 80 million euro bond.