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Kospi Index Plunges Over 9% as Global Chip Selloff Sparks Market Panic
South Korea’s Kospi Index plunged as much as 10.5% on Tuesday, July 28, 2026, hitting an intraday low of 6,051.19 points. The rout triggered a full 20-minute trading halt after the index breached its 8% circuit-breaker threshold at 10:13 a.m. local time. Chipmakers Samsung Electronics and SK Hynix led the collapse, tumbling 12% and 12.7%…
Coforge Q1 Earnings: Profit Jumps 63% to ₹519 Crore as Revenue Climbs 49%
Coforge posted a strong Q1 FY27 scorecard on Monday, July 27, 2026, with consolidated net profit rising 63.4% year-on-year to ₹518.6 crore. Revenue from operations climbed 49.2% to ₹5,527.7 crore, up from ₹3,704.4 crore in the same quarter last year. The Noida-based IT firm’s board also declared an interim dividend of ₹4 per equity share,…
T-Mobile Outage Hits 220,000 Users on July 28; Service Restored
T-Mobile outage on July 27 left 220,000+ users without service nationwide. Phones showed SOS mode. Service restored by evening; cause unknown.
Australian Housing Market Slumps as Auction Clearance Hits 8-Week Low on July 28
Australian property auction clearance rates hit 8-week lows as dwelling values fall 0.9%. Sydney and Melbourne drop 1.4% and 1.3% respectively. Buyer confidence collapses amid negative equity fears.
Burnham Eyes Council Tax Overhaul: 0.48% Property Tax Replaces Stamp Duty
Andy Burnham’s government is considering replacing council tax and stamp duty with a 0.48% annual property tax. Treasury officials are examining reform options as the PM pushes for fairer property taxation.
Jeff Kent, Beltran, Jones Inducted to Hall of Fame on July 27
Jeff Kent, Carlos Beltran, and Andruw Jones joined the Hall of Fame on July 27, 2026. Kent hit 377 home runs as a second baseman and won NL MVP in 2000.
Sam Altman Says AI Has Reached Singularity on July 27, 2026
OpenAI CEO Sam Altman says AI has reached the singularity, a moment when artificial intelligence surpasses human intelligence. An OpenAI AI agent recently hacked Hugging Face in a watershed moment.
House Republicans Head Home With War Spending Win, Face Affordability Backlash in Midterms
House Republicans passed $95B war spending and military budget before recess. Democrats counter with affordability messaging as midterms approach with inflation and war costs fueling voter discontent.
Best High ROE Tech Stocks With Strong Growth Potential in 2026
Return on Equity (ROE) is one of the first metrics many investors check when assessing technology stocks in 2026. With artificial intelligence, cloud computing, and semiconductor demand driving earnings, companies that generate strong returns from shareholder capital continue to attract attention. In July 2026, several major tech firms reported solid profits even as they increased…