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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.
PB Fintech (NSE: POLICYBZR) Jumps 3% After Q1 Profit Soars 92% YoY, Insurance Reaches ₹8,732 Crore
On 6 August 2026, PB Fintech (NSE: POLICYBZR) drew investor interest after reporting strong Q1 FY27 earnings. The company posted a 92% year-on-year increase in net profit to ₹163 crore, while total insurance premium climbed to ₹8,732 crore. The figures point to steady demand across its digital platforms. Following the results, the stock rose nearly…
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…
Judge Dismisses Final Jan. 6 Case Against Oath Keepers Founder Rhodes
Federal Judge Amit Mehta dismisses seditious conspiracy case against Oath Keepers founder Stewart Rhodes after Trump Justice Department request, ending final Jan. 6 prosecution.
Samsung, SK Hynix Face Pressure to Increase Buybacks and Dividends as AI Cash Hits $263B
On 6 August 2026, Samsung Electronics and SK Hynix faced growing calls from investors to raise share buybacks and dividends as their combined cash reserves are expected to reach about $263 billion by the end of the year. Strong demand for advanced memory chips used in artificial intelligence has driven record earnings for both companies….
Rational AG (FRA: RAAG) Rises as Q2 Net Profit Climbs 15% to €73.1M; U.S. Tariff Refund Lifts Margins
On 6 August 2026, Rational AG (FRA: RAAG) reported strong second-quarter results, with net profit rising 15% year over year to €73.1 million. Revenue also moved higher, while a one-time U.S. tariff refund pushed the company’s operating margin above market expectations. Even with higher trade and operating costs, Rational continued to improve profitability. Investors are…
Hormuz Oil Route Remains Strong as UAE Boosts Crude Exports
On 5 August 2026, global oil markets received encouraging news as crude shipments through the Strait of Hormuz continued without major disruption despite regional tensions. At the same time, the United Arab Emirates increased crude exports by making full use of its production capacity and established export routes. Nearly one-fifth of the world’s seaborne oil…
Abdul El-Sayed Wins Michigan Democratic Senate Primary by 1% on August 5
Abdul El-Sayed wins Michigan Democratic Senate primary by 1% over Haley Stevens. The progressive former health official defeated $65 million in outside spending to face Republican Mike Rogers in November.
Bitcoin (BTC) Tests $64,500 Resistance as Money Flow Index Hits 100; Bulls Eye Breakout Above $64.2K
Bitcoin rose to $64,244 on August 5, 2026, as buyers challenged key resistance. The leading cryptocurrency reached an intraday high of $64,511 before encountering selling pressure. Momentum indicators signal extreme overbought conditions as the Money Flow Index touched 100. Institutional traders now focus on a sustained breakout above $64,200 to confirm further upward momentum. Technical…