Stocks Tumble as AI Trades Unwind | The Asia Trade 6/8/2026

June 8, 2026 · Bloomberg

8.1 Magnitude Quake Strikes Philippines, Tsunami Waves Possible
An earthquake of 8.1 magnitude struck the southern Philippine island of Mindanao on Monday, triggering a tsunami warning
IMF Chief: We Can't Repeat the Mistakes of Globalization With AI
International Monetary Fund Managing Director Kristalina Georgieva has spent the past six years navigating some of the b
China Coking Coal Hits Highest Since 2024 on Safety Shutdowns
Chinese coking coal rose to the highest since 2024 as the aftermath of a deadly mining accident and ongoing safety inspe
Asia Coal Prices Rise to 22-Month High on Indonesia Export Rules
A key coal benchmark for Asia rose to the highest level in nearly two years as Indonesia’s new export rules delayed ship
‘Schmigadoon!’ Wins Best Musical at 2026 Tony Awards as ‘Liberation’ Wins Best Play
The ceremony, hosted by Pink, included historic and first-time Tony wins, with 'Ragtime' and 'Cats: The Jellicle' ball b