June 12, 2026, 1:31 p.m.

International News

Finance News

Behind the overnight evaporation of over trillions of dollars in market value in the US stock market

On Friday local time, the US stock market experienced a rare sell-off, with the Nasdaq index plummeting by over 4%, the Philadelphia Semiconductor Index plummeting by over 10% in a single day, and the nine trillion dollar technology giants evaporating over $1.1 trillion in market value overnight.

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Cryptocurrency "de-bubbling": From price mania to a contradictory breakthrough in infrastructure development

According to Bloomberg News, the recent 235 billion US dollars plunge of Bitcoin not only masked the intense fluctuations in the cryptocurrency market, but also revealed the shift in the industry's focus from the fluctuations of a single asset price to the construction of diversified financial infrastructure.

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ECB June Rate Hike: First Tightening in Three Years Amid Severe Inflation Pressures

On June 11, 2026, the European Central Bank (ECB) unveiled its monetary policy decision and officially launched a rate hike cycle.

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