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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.
AI Spending Surges but Returns Lag: Why Debt Collection Faces Automation Risk, June 05
40% of companies miss AI cost targets. Debt collection automation faces similar execution risks without proper process redesign.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
UK Tightens Student Visa Rules, Universities Face Sponsorship Bans, June 05
UK universities must maintain visa refusal rates below 5% or risk losing sponsorship licences and international student recruitment bans.
Singapore Bans 9 Foreign Drivers After Queue-Cutting at Woodlands Checkpoint, June 05
ICA caught 30 motorists for traffic offences at Woodlands Checkpoint during Vesak Day. Nine foreign drivers received entry bans for queue-cutting.
AMD Stock Surges in Focus After 12,941% Gain Since 2016 – But 204x P/E Raises Risk
Advanced Micro Devices (AMD) has been one of the stock market’s biggest success stories, delivering a staggering 12,941% gain since 2016. The chipmaker transformed itself from a struggling semiconductor company into a major player in artificial intelligence and data centers. As of June 2026, investors remain bullish on AMD’s growth potential, but its lofty valuation…
S&P/NZX 50 Index Climbs to 13,161.97 Despite Broader Asian Market Declines
The NZX 50 Index defied the broader regional trend on June 5, 2026. The index opened at 13,101.61 and traded in a session range of 13,075.05 to 13,173.39, with the live reading at 13,134.26 heading into the afternoon session. The 52-week range for the NZX 50 spans 12,421.58 to 13,757.71, with the all-time high set…
PICC Property Appoints Zhang Daoming as CEO, June 05
PICC Property’s new CEO Zhang Daoming wins regulatory approval. The insurer controls 31.6% of China’s property insurance market.
India Tightens Visa Registration Rules, Launches ₹1,800 Cr Platform June 05
India amends immigration rules with stricter visa registration timelines and launches ₹1,800 Cr IVFRT platform to modernize visa services.