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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.
LIC Shares Watch: CEO Clarifies Possibility of Another OFS After ₹31,552 Crore Sale
On 7 August 2026, LIC shares stayed in focus after the company’s CEO said another government Offer for Sale (OFS) is unlikely over the next 18 to 24 months. The statement followed the government’s recent LIC stake sale, which raised ₹31,552 crore, making it one of India’s biggest disinvestment transactions. The clarification has eased concerns…
AppLovin Corporation Stock Crashes 20% After Earnings Miss Expectations
On 5 August 2026, AppLovin Corporation (NASDAQ: APP) surprised investors after reporting second-quarter earnings that came in below Wall Street’s expectations. The AI-powered advertising company still delivered strong year-over-year revenue growth, but weaker guidance for the current quarter led to a sharp sell-off. The stock dropped about 20% in after-hours trading as investors reacted to…
Kao Launches Shareholder Rewards Program on August 5, 2026
Kao introduces shareholder rewards program with product gifts worth ¥6,000-¥10,000 for holders of 400+ shares. Meyka rates the stock B+ with neutral outlook.
Anthropic CEO Amodei Frets Over Money-Driven Hires as AI Talent War Rages
Anthropic CEO Dario Amodei worried new hires prioritize seven-figure pay over mission. The irony: Anthropic offers the highest AI industry salaries, including $320k-$400k for event planning roles.
Arrest Warrant Issued for Lim Tean After He Fails to Surrender on August 3
An arrest warrant has been issued for Lim Tean after he failed to surrender at Singapore’s State Courts on August 3 to begin serving a three-month-and-one-week jail sentence for practising law without a valid certificate.
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.