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ANZ, Macquarie Cut Fixed Rates as Big Four Diverge, June 06
ANZ and Macquarie cut fixed rates by up to 0.45% while Westpac and NAB hike, reflecting conflicting RBA forecasts among Australia’s major banks.
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.
AI Accounting Tools Transform Finance Work in 2026
AI accounting software automates invoicing and reconciliation, helping finance teams close books 30-50% faster while cutting labor costs by 50-75%.
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.
Hong Kong Creates Tokenised Bond Expert Group, June 06
HKMA launches Tokenised Bond Expert Group to advance digital bond adoption in Hong Kong with industry partners and green tokenised bonds.
SpaceX IPO Launches June 12 at $135 Per Share, Raising Record $75 Billion
SpaceX IPO prices at $135/share on June 12, raising $75 billion with $1.75 trillion valuation. Retail investors can buy through major brokers.
SpaceX IPO Prices at $135, Targets Record $75 Billion Raise on June 12
SpaceX IPO prices at $135 per share for record $75 billion raise on June 12. Company will sell 555.6 million shares, valuing it at $1.75 trillion.
Vingroup Stock Surges 1,000% as Vietnam Market Boom Tests Valuations
Vingroup stock surges 1,000% to become Vietnam’s largest company, but 70x forward P/E valuation raises analyst concerns about sustainability.
House Passes Ukraine Support Act With 226-195 Vote, June 05
House passes Ukraine Support Act 226-195 with bipartisan backing, providing $1.3B military aid, $8B defense loans, and Russia sanctions.