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Fun Coffee Ponzi Scheme Collapses: Singapore Woman Loses $400,000 as 200 Investors Lose S$16.3M
Fun Coffee Ponzi scheme collapses after app goes offline July 20. Over 200 investors lose S$16.3 million across Singapore, Hong Kong, Macau. Singapore woman arrested for promoting scheme.
BofA Sentiment Gauge Reaches Most Bullish Level Since 2021, Warning of Market Risks
BofA sentiment among global fund managers has reached its most bullish level since 2021. The bank’s Bull & Bear Indicator rose to 9.4, marking its highest level in five years. That level sits well above the 8.0 threshold that triggers a contrarian sell signal. Cash holdings fell to 3.6% of assets, the lowest level since…
Australian Shares End Flat as S&P/ASX 200 Holds at 9,263 Ahead of US Jobs Data
On 7 August 2026, Australian shares closed almost unchanged as investors remained cautious before the release of US jobs data. The S&P/ASX 200 ended the session at 9,263 points, with gains across mining stocks offsetting losses in banks and healthcare companies. Traders watched the US employment report closely because the results could affect global interest…
DBS Shares Hit $76.33 as CEO Tan Su Shan Drives Wealth Growth to $500B
DBS posts record S$3.08B Q2 profit, wealth AUM crosses S$500B milestone. Shares hit S$76.33 as CEO Tan Su Shan charts AI-driven strategy for Southeast Asia’s largest bank.
IN Stock Market Today: Sensex Slides Over 250 Points as Financial Stocks Weigh
On 7 August 2026, the Indian stock market moved lower as the Sensex lost more than 250 points, with financial stocks accounting for most of the decline. Investor sentiment turned cautious after the Reserve Bank of India’s draft lending rules for NBFCs raised concerns about future growth. At the same time, higher crude oil prices…
National Rail Disruption Causes Ongoing Delays Across Greater Manchester
National Rail passengers across Greater Manchester continue facing disruption following Thursday’s major signalling failure. A power fault struck Manchester’s Rail Operating Centre just before 2 pm on August 6, 2026. The outage halted trains between Manchester Piccadilly, Manchester Victoria, and Bolton. Network Rail restored power that evening, but staged safety checks slowed the recovery into…
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.
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…
SpaceX (NASDAQ: SPCX) Stock Drops 50% as Retail Investors Add $22.7 Million
SpaceX shares have fallen roughly 52% from their post-IPO peak of $225.64. Yet retail investors bought $22.7 million worth of SpaceX stock in Wednesday’s first trading hour alone. That marked the third-highest first-hour retail buying total since the company’s June 12, 2026 debut. The dip-buying came right after SpaceX’s first earnings report as a public…