GEM COMM Daily News (investment, stocks)

📊 MARKET WATCH 📅 11 June 2026 STI: 4,963.67 (-1.71%) | HSI: 24,657.06 (-1.22%) | Nikkei: 64,024.60 (-3.85%) DOW: 50,786.01 (-0.16%) | S&P 500: 7,386.65 (-0.26%) | Nasdaq: 25,929.66 (+0.86%) VIX: 18.92 (-12.04%) 🌍 MACRO NEWS • Wall Street closed sharply lower as technology stocks extended losses while investors weighed escalating tensions in the Middle East and awaited key inflation data. Reuters: https://www.reuters.com/business/media-telecom/wall-st-futures-slip-tech-losses-mount-ahead-key-inflation-data-2026-06-10/ • Oil prices climbed amid renewed geopolitical concerns following fresh military actions involving the US and Iran, raising fears over global energy supply disruptions. The Edge Singapore: https://www.theedgesingapore.com/news/highlight/us-launches-fresh-wave-strikes-against-iran-straining-truce • Economists surveyed by Reuters expect the Bank of Japan to continue normalising monetary policy, with further rate hikes anticipated through 2026. Reuters: https://www.reuters.com/world/asia-pacific/boj-set-raise-key-rate-10-june-125-by-year-end-2026-06-10/ 💼 FOREIGN NEWS • SpaceX’s highly anticipated IPO is reshaping traditional listing practices and is expected to become one of the largest public offerings in recent years. CNA: https://www.channelnewsasia.com/business/five-ways-elon-musks-spacex-upended-wall-streets-ipo-playbook-6168991 • Global investors remain cautious as rising oil prices and geopolitical tensions drive a rotation away from high-growth technology stocks. The Edge Singapore: https://www.theedgesingapore.com/news/us-stocks/tech-stocks-sink-oil-jumps-us-iran-jitters • Strong equity market gains continue to support consumer spending and economic resilience in the United States despite higher interest rates. Reuters: https://www.reuters.com/commentary/reuters-open-interest/stock-pay-boom-amplifies-us-economic-drumbeat-2026-06-10/ 🇸🇬 SG NEWS • Singapore maintained its 2026 GDP growth forecast of 2%–4% following a stronger-than-expected first quarter, supported by AI-related demand and manufacturing growth. CNA: https://www.channelnewsasia.com/watch/singapore-keeps-2026-growth-forecast-2-4-economy-beats-expectations-in-q1-6140846 • AI adoption is helping healthcare professionals improve productivity, though many clinicians report a lack of formal training and implementation support. CNA: https://www.channelnewsasia.com/business/ai-saves-clinicians-time-most-lack-training-survey-finds-6170976 • Singapore’s equity market continues to attract investor interest, with several companies added to the iEdge Singapore Next 50 Index during the latest quarterly review. Yahoo Finance Singapore: https://sg.finance.yahoo.com/news/aem-top-glove-uibreit-pc-044747096.html We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm