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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.
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.
Forfaits Québec Debt Crisis: Influencers Distance Themselves, June 05
Forfaits Québec faces mounting debt as influencers including Maripier Morin distance themselves, raising financial stability concerns.
AEON Mall Opens 4,400 Parking Spaces to Public, June 06
AEON Mall opens 4,400 parking spaces to public from August 2026 to ease Shinkansen station congestion in Takaoka. First such partnership in Japan.
Ex-CityNews Reporter Sues Rogers for $650K Over Wrongful Dismissal, June 05
Ex-CityNews reporter Tina Yazdani sues Rogers for $650,000 over wrongful dismissal and alleged retaliation for confrontational political reporting.
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.
XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.