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XRP USD Holds at $1.10 (+1.53%) as XRP Ledger Faces Fake OUSD Stablecoin Scam Shock
XRP held near $1.10 on July 3, 2026, up 1.53% over the past 24 hours. The gain came despite a fresh scam warning hitting the XRP Ledger community. Validators flagged a fake issuer posing as the newly launched Open USD stablecoin. XRP’s intraday range spanned $1.045 to $1.11, with market cap near $67.7 billion. Trading…
NZE Stocks Rally: Santana Minerals Climbs 4%+ While Ventia Services Drops Over 2% as Sector Performance Diverges
On July 3, 2026, New Zealand equities moved in different directions as investors shifted between sectors. Santana Minerals gained more than 4%, helped by renewed buying in mining stocks, while Ventia Services fell over 2% as infrastructure-related shares came under pressure. The difference in performance reflected where investors were putting their money during the latest…
BHP Group Ltd (ASX: BHP) Gains 1.65% After South Flank Labour Deal Gets Narrow Union Approval
BHP Group Ltd shares rose 1.65% on July 3, 2026, after workers approved a new Pilbara labour deal. The Combined BHP Ports Unions confirmed 58% voted in favor. The agreement covers 1,814 workers at South Flank and Mining Area C iron ore operations. It guarantees a 16% pay hike over its four-year term. The narrow…
HCLTech Shares Surge 4.6% as Company Secures $1.14 Billion European Deal; Nifty IT Climbs 2.5%
On July 3, 2026, HCLTech announced a $1.14 billion AI-led contract with a Europe-based Fortune Global 50 company. The news quickly lifted investor sentiment. HCLTech shares rose 4.6%, while the Nifty IT index gained about 2.5% in early trading. The agreement will remain in effect through December 2031 and focuses on AI-powered workplace and network…
Nikkei 225 Rises 1.21% to 69,564.78 but Tech Valuation Fears Keep Japan Stocks on Track for Weekly Loss
On July 3, 2026, Japan’s Nikkei 225 gained 1.21% to close at 69,564.78, bouncing back after several sessions of weakness. Buying returned to technology and semiconductor stocks, helping the index recover some of its recent losses. Even so, concerns about stretched valuations after months of AI-driven gains continued to weigh on sentiment. Because of that,…
Goldman’s Garrett Warns Investors Are Reducing Exposure to Mag 7 Stocks
Brian Garrett, head of equity execution on Goldman Sachs’s Cross Asset Sales desk, has been flagging the same signal for months, and the data behind it is now impossible to ignore. Goldman’s prime brokerage desk shows clients unwinding gross positions into all-time highs, with the largest weekly gross unwinding in seven months. Simultaneously, Goldman’s analysis…
German Ruling Coalition Unveils Major Tax, Labour and Pension Reforms
On July 2, 2026, Germany’s ruling coalition unveiled a wide-ranging package of tax, labour, and pension reforms designed to strengthen Europe’s largest economy. The proposals come at a time when the country is dealing with weak economic growth, rising costs for businesses, an aging population, and persistent labour shortages. The government believes the changes will…
Kospi Index Slides Nearly 8% as SK hynix Plunges 14% and Samsung Drops Over 9%
The Kospi Index dropped nearly 8% on July 2, 2026, marking one of its steepest daily declines this year as a sharp selloff hit South Korea’s semiconductor sector. SK hynix tumbled about 14%, while Samsung Electronics lost more than 9%, dragging the broader market lower. The decline came as investors reacted to growing concerns about…
Google Fine Upheld: EU Court Confirms Record €4.1 Billion Android Antitrust Penalty
The Google fine over Android practices is now final. The EU Court of Justice dismissed Alphabet’s appeal on July 2, 2026. Judges upheld the €4.125 billion penalty tied to Android distribution deals. The European Commission first imposed a €4.34 billion fine in 2018. That figure fell to €4.125 billion after a 2022 General Court review….