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Yokohama Mayor Yamanaka Admits Power Harassment; 7 Violations Confirmed July 30
Yokohama Mayor Takeharu Yamanaka apologizes after third-party probe confirms seven counts of workplace harassment, including calling staff ‘useless’ and ‘human scum,’ with 60% of surveyed employees witnessing abuse.
Rentokil (LON: RTO) Plunges 17% Despite Q2 Earnings Beat as Slowing U.S. Pest Demand Weighs on Outlook
Rentokil Initial shares plunged 17.1% on Thursday, July 30, 2026, despite beating quarterly profit estimates. Shares fell to 367.5 pence, their lowest level since September 29, 2025. The pest control giant reported second-quarter adjusted profit before tax of $459 million, ahead of the $442.7 million consensus. Yet weakening North American residential demand overshadowed the beat…
Lloyds (LLOY.L) Jumps After H1 Profit Climbs 23% to £4.3B, Bank Targets Additional £2B Cost Cuts
Lloyds Banking Group shares jumped on July 30, 2026, after posting a £4.3 billion pre-tax profit for H1 2026. The figure beat an internal target of £4.1 billion and rose 23% from £3.5 billion a year earlier. Net interest income climbed 9% to £7.3 billion. Lloyds also unveiled a further £1 billion share buyback and…
Sony (TYO: 6758) Seeks to Acquire Tamron (TYO: 7740); Lens Maker Valued at $1.3 Billion
Sony Group Corporation (TYO: 6758) has submitted a non-binding proposal to acquire camera lens manufacturer Tamron Co., Ltd. (TYO: 7740) and make it a wholly owned subsidiary. The reported transaction would value the remaining 84.47% stake in Tamron at approximately ¥200 billion ($1.3 billion). It is one of the largest recent deals undertaken by Sony’s…
Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%
Asian markets split sharply on Thursday, July 30, 2026, after two brutal days of chip-stock selling. The Nikkei 225 rebounded 0.93% to 62,003.09, recovering some of Wednesday’s losses. South Korea’s KOSPI fell 1.10%, dragged lower by SK Hynix’s 6.50% slide. Regulators moved to cap leveraged ETF exposure amid intensifying volatility concerns across the region. Nikkei…
ASIC Finds Banks Failing Offset Accounts, Costing Australians A$55M
ASIC review finds weaknesses across all major Australian banks in managing offset accounts, with A$55M in compensation paid. 1.8 million households affected. Check your account now.
Darwin Public Servant Charged With $18M NDIS Fraud on July 29
Darwin public servant Genevine Ebelebe charged with five offences including corruption over alleged $18M NDIS fraud scheme targeting vulnerable Australians.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
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…