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Apple Upgrade Launches July 29: iPhone Leasing Starts at $17.99/Month
Apple launches Apple Upgrade program with Klarna, letting U.S. customers lease iPhones for $17.99/month for 12 or 24 months. Program replaces old iPhone Upgrade plan and includes Macs, iPads, and Apple Watches.

Iran Launches Ballistic Missiles at U.S. Base in Jordan; Trump Vows Retaliation
Iran launched ballistic missiles at a U.S. base in Jordan on July 28, 2026, breaking a ceasefire. All missiles were intercepted. President Trump said the U.S. will retaliate with heavy strikes.

Agentic AI Powers OCBC’s Faster Wealth Client Onboarding With HELIOS Platform
On July 29, 2026, OCBC introduced HELIOS, an agentic AI platform built to speed up wealth client onboarding while maintaining strict compliance standards. The bank says the platform can complete onboarding in as little as 15 business days, much faster than the industry average of about six weeks. As competition for high-net-worth clients increases, private…

Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…

Japan’s Defense Budget Hits $63B as Air-Missile Systems Reshape Strategy July 29
Japan’s FY2026 defense budget reaches $63 billion as PM Takaichi Sanae prepares new security documents to reshape air and missile defense strategy amid China tensions.

US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…

Meta Says Banning Chinese AI Would Hurt US Innovation and Competition
On July 29, 2026, Meta CEO Mark Zuckerberg said the United States should not ban Chinese AI models. He argued that restricting them could slow American innovation rather than strengthen it. His comments come as Washington considers tighter measures against Chinese AI companies over national security and intellectual property concerns. Meta believes the US will…

Apple Upgrade: Apple and Klarna Introduce New Leasing Program in the US
Apple launched Apple Upgrade in the United States on July 28, 2026, giving customers a new way to lease iPhones, Macs, iPads, and Apple Watches through Klarna. Instead of paying the full price upfront, eligible buyers can spread the cost with monthly payments and switch to newer devices more easily. The move comes as Apple…

Indian Banks Charge Customers Billions in Low Balance Penalties, HDFC Bank Tops List
ndian banks collected more than ₹7,000 crore from customers in FY26 for failing to maintain minimum account balances. The government disclosed this figure in a written Rajya Sabha reply from Minister of State for Finance Pankaj Chaudhary. Private sector banks alone collected ₹4,948.71 crore, while public sector banks gathered ₹2,137.92 crore. HDFC Bank topped every…