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The Finance Brief

From Wall Street to Main Street — what you need to know.

Global Market Wrap

Asian stocks slide; oil, gold decline, World’s largest caviar company starts bookbuilding for HK IPO

Market UpdatesJun 23, 2026

Asian stocks slide; oil, gold decline, World’s largest caviar company starts bookbuilding for HK IPO

Key Asian markets saw profit-booking along with overnight selloff in tech stocks on Wall Street. After eight sessions of gains, Japan’s Nikkei 225 dropped over 3% on Tuesday to 69,788. South Korea’s Kospi also saw a steep correction of 9% to trade at 8,203.

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Iphone 18 Gets Costlier

Apple to raise iPhone prices as memory chips get costlier

Market AnalysisJun 23, 2026

Apple to raise iPhone prices as memory chips get costlier

Apple’s chief executive Tim Cook said on Wednesday that the company was planning to raise prices of its products – iPhone, Mac and iPad – to offset the sharp jump in costs of memory chips.

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