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OCBC Surges on Strong H1 2026 Results as Wealth Fees Jump 42%
OCBC surges on strong H1 2026 results as wealth management fees jump 42% and loan growth accelerates. Singapore’s banking trio accounts for 89% of STI gains since year start.
Trump Shifts to Economic Pressure on Iran as Strait Talks Stall, August 11
Trump says US is ‘low-keying’ Iran conflict, relying on economic pressure and naval blockade instead of military strikes. Compensation demands stall Strait of Hormuz reopening talks.
Indian Market Today: Sensex Falls 0.11%, Nifty Holds Above 24,500 on Global Cues
Indian stocks traded cautiously on August 10, 2026, as global signals offered mixed cues. The Sensex slipped 0.11%, while the Nifty 50 remained above the 24,500 mark. Softer US jobs data raised hopes for easier global rate conditions, but higher crude oil prices kept pressure on Indian equities. Q1 FY27 earnings also continued to drive…
Diageo’s India Unit Fights FSSAI Ban on McDowell’s, Old Monk in Court
United Spirits and Mohan Meakin challenge FSSAI bans on McDowell’s and Old Monk in Bombay High Court. Diageo faces multiple product prohibitions over labelling and flavouring claims in India.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
First Phosphate Uplists ADRs to Nasdaq on August 10, 2026
First Phosphate uplists Level 2 ADRs to Nasdaq Global Market under ticker PHOS on August 10, 2026. The move converts OTCQX holdings automatically and maintains a 10-to-1 ADR ratio.
U.S. Lost 23,000 Jobs in July as Labor Market Weakens
U.S. employers cut 23,000 jobs in July. Unemployment fell to 4.1% but only because workers left the labor force. Wage growth slowed to 3.2% annually, below inflation.
OCBC Lifts Interim Dividend to 47 Cents on Record August 2026 Profit
OCBC raises interim dividend to 47 cents after posting record S$4.19 billion first-half profit, driven by 27% surge in wealth management income to S$3.29 billion.
Trump-Backed Rep. Andy Ogles Loses Tennessee Primary to Charlie Hatcher
Rep. Andy Ogles loses his Tennessee House primary to Charlie Hatcher despite Trump’s endorsement. The incumbent faced controversies over anti-Muslim comments and campaign finance violations.