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Kowloon Development Names Ngau Chi Wan Project 33 Clear Water Bay on August 7
Kowloon Development names Ngau Chi Wan project 33 Clear Water Bay. 5 towers, 2,000+ units, HK$9.658bn land premium, Phase 1 has 361 units. First sales expected August 2026.
Hong Kong Silver Bonds Hit 4.25% Rate on August 7, Second-Highest Since 2016
Hong Kong issues 11th Silver Bond batch with 4.25% guaranteed rate, up from 3.85% last year. Eligible seniors aged 60+ can subscribe from August 21 for three-year bonds backed by infrastructure projects.
Judge Ana Reyes Lifts TPS Block for 350,000 Haitians on August 5
Judge Ana Reyes lifts court block on Haiti TPS termination after Supreme Court reversal. 350,000 Haitians lose work authorization and face deportation risk.
Sandoz Jumps 7% on Biosimilar Surge, H1 Revenue Beats Forecast
Sandoz stock rises 7% after H1 2026 earnings beat. Biosimilar sales surged 22%, now 33% of total revenue. CEO sees $650B in patent expirations over next decade.
Drug-Resistant Salmonella in Recalled Eggs Poses Serious Treatment Risk
Midwest Poultry Services recalled 1.6 million dozen eggs after a drug-resistant salmonella outbreak hit 98 people in 17 states. The strain resists the standard antibiotic used to treat severe infections.
FTSE 100 Today: Index Rises 0.19% as Hormuz Hopes Lift UK Stocks, CAC 40 Gains 0.71%
On 6 August 2026, the FTSE 100 rose 0.19% as growing confidence over safer shipping through the Strait of Hormuz lifted sentiment across European markets. France’s CAC 40 added 0.71%, reflecting stronger appetite for equities despite lingering global uncertainty. Company earnings also helped support the market, while easing concerns about energy supplies gave investors another…
Duolingo Stock Drops 9% as Q3 Revenue Guidance Misses Estimates Despite Q2 Earnings Beat
Duolingo shares fell sharply Wednesday, August 5, 2026, despite beating Q2 earnings estimates. The stock dropped as much as 12% in after-hours trading, sliding to $119.25. Weak third-quarter revenue guidance overshadowed otherwise strong second-quarter results. Investors focused on Duolingo’s cautious outlook rather than its double beat on revenue and profit. Duolingo Q2 2026 Earnings: Revenue…
Salmonella Outbreak Linked to Texas Eggs Hits 98 Cases Across 17 States
A salmonella outbreak linked to Texas eggs has infected 98 people across 17 states, with 26 hospitalized. The strain resists common antibiotics, complicating treatment.
Carnival Crew Allege $2.75 Pay, 14-Hour Days in ABC Investigation
ABC News investigation reveals Carnival cruise crew allegations of $2.75 hourly pay, 14-hour workdays, and poor conditions on Australian ships. Carnival disputes claims and says vessels comply with maritime standards.