8 June 2026 - Daily Update - B2B Asia News
By
B2B Asia News
on
This is a B2B Asia News Daily Update for 8 June 2026, reviewing regional and global markets, and covering the daily business news you shouldn’t miss.
Watch the video in English above.
We start with a quick look at regional markets. Asian shares sank on Monday after Wall Street ended last week with its worst day since October.
- The Kospi in Seoul slipped 8.3% as Samsung Electronics, the country’s biggest company, dropped 10.2%.
- Japan’s benchmark Nikkei 225 dropped 3.9%.
- Taiwan's Taiex lost 3.5% and the Hang Seng in Hong Kong lost 1.3%.
- The Shanghai Composite shed 1.7%.
- Zooming in on Cambodia’s market—the Cambodia Securities Exchange Index was up 2.79 points or 0.64 % to 437.43. Total trade volume was up with 374,054 shares changing hands at a total value of 2.15 billion riel or over $537,000 US dollars.
- On the main board, six stocks were up, led by CAMGSM, while two stocks were down, with Pestech Cambodia as the biggest loser of the day.
- Over on the growth board, DBD Engineering and Picasso City Garden were up, while JS Land was down.
- Shifting to the exchange rate, the Khmer riel to USD remained stable at 4,027 riel per US Dollar, while the US Dollar index hovered around 100.14.
- Moving on to global commodities, oil prices jumped more than $4 dollars on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.
- Brent crude futures rose 4.47% to $97.15 US dollars a barrel, while U.S. crude futures were up 4.50% at $94.61 US dollars per barrel. (0609 GMT)
- Gold prices fell to their lowest in more than two months, after last week's strong U.S. jobs data boosted expectations of a U.S. Federal Reserve rate hike, while Israel and Iran traded strikes, pushing oil prices higher and fuelling inflation concerns.
- Spot gold fell 0.9% to $4,290.66 US dollars per ounce, its lowest level since March 23, having already lost more than 3% on Friday.
- U.S. gold futures for August delivery were down 1.1% at $4,315.40 US dollars. (0845 GMT)
Looking at the crypto market, Bitcoin was trading around $63,000 US dollars, experiencing a daily gain of about 2.55%. This price reflected a steady recovery over the prior 24 hours, even though the broader crypto market has seen a dip of roughly 13.73% over the past week.
- Moving on now to other business-related news,
- The Cambodian Ministry of Environment and BYD Auto Industry (Cambodia) Co., Ltd. signed a Memorandum of Understanding (MoU) on "Cooperation on Environmental Protection and the Promotion of Electric Vehicles and Eco-Friendly Infrastructure in Cambodia" on June 8. At the signing ceremony, His Excellency Dr. Eang Sophalleth, Minister of Environment, stated that the use of electric vehicles has made a significant contribution to environmental protection, supporting the green transport sector and reducing climate change. He added that the use of electric vehicles aligns with the government's national policy, which is strongly committed to reducing greenhouse gas emissions and promoting green energy.
- Cambodia's investment authorities have called for deeper Chinese participation in agro-industrial processing and manufacturing supply chains as the two countries seek to expand economic cooperation amid growing trade and investment flows. The proposal was raised during a courtesy meeting held on June 8 between the Secretary-General of the Cambodian Investment Board of the Council for the Development of Cambodia, and the newly appointed Counsellor for Economic and Commercial Affairs at the Chinese Embassy in Cambodia. During the discussions, CIB Secretary General proposed the establishment of a Cambodia-China Green Agro-Industrial Processing Zone focused on cashew processing, rubber processing and the plantation wood industry. The initiative is intended to attract investment throughout the production chain and support Cambodia's ambition to increase domestic value-added processing.
- The Cambodia Rice Federation released a report on June 5, revealing that Cambodia exported 568,912 tonnes of milled rice to 63 markets in the first five months of 2026, generating more than $327.43 million US dollars. 154,254 tonnes of milled rice worth more than $105 million US dollars was exported to 31 European countries; while 162,125 tonnes of rice, valued at $94.92 million US dollars, was exported to China and its autonomous regions; and 208,593 tonnes of rice worth $87.32 million US dollars was exported to five ASEAN member states.
Watch the 8 June 2026 Daily Update in Khmer below: