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UK Loses £330m Taxpayer Chris Rokos to Greece’s Flat Tax Deal
Chris Rokos, who paid £330m in UK tax last year, is moving to Greece where he’ll pay just €100,000 annually on overseas income. The exit raises questions about Britain’s competitiveness for wealth creators.
AUSTRAC Uncovers A$4 Billion Mortgage Fraud Across Australia’s Five Largest Banks
AUSTRAC’s Operation Claw uncovers A$4 billion in suspected mortgage fraud across Australia’s largest banks, with borrowers using fake employment and offshore funds. Hundreds referred to police.
AUSTRAC Uncovers $4 Billion Mortgage Fraud Across Australia’s Five Largest Banks
AUSTRAC uncovers $4 billion in suspected mortgage fraud across major Australian banks through Operation Claw. Hundreds referred to authorities for fake income claims and shell company schemes.
DELHIVERY Share Price Falls 0.53% After Q1 Profit Drops 64.9%: What Brokers Say
Delhivery share price slipped 0.53% on August 10, 2026, after the logistics company reported a sharp fall in Q1 FY27 profit. Consolidated net profit dropped 64.9% year-on-year to ₹31.9 crore, even as revenue climbed 28% to ₹2,930.7 crore. The weak profit number raised concerns about higher costs and pressure on margins. Several brokers, though, continue…
HSBC Exits Australian Retail Banking After 40 Years; Sells $36B Loan Book to Blackstone
HSBC exits Australian retail banking after 40 years, selling its $36 billion loan book to Blackstone. All 19 branches to close over 18 months. Pepper Money will service the loans.
Kospi Plunges 6% on July 30 as SK Hynix Earnings Disappoint
Kospi drops 6.1% to 5,656 after SK Hynix misses earnings forecasts despite record profits. South Korea announces emergency measures to stabilize markets and restrict leveraged ETFs.
Aeon Issues ¥70B in Corporate Bonds for Individual Investors, July 24
Aeon issues ¥70 billion in unsecured corporate bonds for individual investors with 2.7-3.3% interest rates. Sales begin August 10, 2026, with a seven-year maturity and A- credit rating.
SpaceX Stock Slides Below IPO Price as Wall Street Splits on $1.75T Valuation
SpaceX stock has dropped 34% from its peak and fallen below its $135 IPO price. Wall Street remains divided on the $1.75 trillion valuation amid concerns over profitability and execution risks.
Cognizant Stock Falls 1.9% as US Launches H-1B Visa Fraud Probe, July 11
Cognizant faces scrutiny in Trump administration’s H-1B visa fraud investigation. Labor officials have issued dozens of subpoenas targeting alleged labor trafficking and wage-kickback schemes in the visa program.