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FTSE 100 Falls 1.9% on July 9 as Iran Tensions Spike Oil
FTSE 100 falls 1.9% on July 9 as Trump ends Iran ceasefire deal. Oil jumps 8%, energy stocks rise, but AstraZeneca slump weighs on index.
Virgin Australia Keeps $93m in Expired Flight Credits as CEO Gains $3.1m in Shares—July 9
Virgin Australia retains $93m in expired COVID flight credits as CEO gains $3.1m in shares. Customers who didn’t redeem vouchers by June 30 lose access to travel value issued during pandemic cancellations.
AstraZeneca (LON: AZN) Shares Plunge Up to 9% After Wainua Misses Primary Endpoint in Late-Stage Trial
AstraZeneca shares plunged as much as 9.55% on Thursday, July 9, 2026, after a major trial setback. The company’s heart drug Wainua failed to meet its primary endpoint in a Phase III study. That single announcement wiped out between £19 billion and £20 billion in market value. AstraZeneca’s market capitalization fell below £200 billion, though…
FTSE 100 Falls 0.49% as U.S.-Iran Tensions Escalate; AstraZeneca Slumps After Late-Stage Trial Failure
The FTSE 100 traded lower on Thursday, July 9, 2026, down roughly 0.5% during the morning session. AstraZeneca shares plunged as much as 9.55%, wiping out nearly £19 billion in market value. That single stock drove almost all of London’s underperformance versus other European indices. Germany’s DAX gained 0.4%, while France’s CAC 40 rose 0.45%…
Crypto Market Today: Bitcoin Steady at $62.4K, Solana Falls 1% Amid Iran Risks and Rising Japan Bond Yields
Bitcoin remained close to $62,400 on 9 July 2026 as investors reacted to rising geopolitical concerns linked to Iran and higher Japanese government bond yields. While Bitcoin held steady, Solana dropped around 1% and several major altcoins moved within a narrow range. Traders are also waiting for fresh signals from the Federal Reserve to understand…
Steadfast Group (ASX: SDF) Reconfirms A$7.7 Billion Takeover Offer, Extends Exclusivity by Four Weeks
Steadfast Group (ASX: SDF) has confirmed that the A$7.7 billion takeover proposal from a consortium led by Amwins Group and Dragoneer Investment Group remains under consideration. On 9 July 2026, the company also extended the exclusivity period by four weeks, giving both parties extra time to complete due diligence and continue discussions. The announcement has…
NAB Raises A$1.8B via Dividend Reinvestment, Issues Foreign Bonds—July 9
NAB raises A$1.8B through dividend reinvestment and issues HK$2.5B and US$30M in bonds to bolster capital buffers and funding flexibility as it prepares for tougher credit conditions.
ASX Midday Update: Energy Sector Surges Nearly 2% Amid Rising Geopolitical Tensions
Australia’s share market traded mixed at midday on 9 July 2026 as investors moved into energy stocks. The sector climbed nearly 2%, supported by stronger global oil prices after renewed geopolitical tensions raised concerns about crude supply. While oil and gas companies pushed the market higher, several growth sectors remained under pressure. The latest ASX…
Australia’s New 30% Capital Gains Tax Hits Low-Income Earners From July 2027
Australia’s capital gains tax overhaul from July 2027 replaces the 50% discount with inflation indexing and a 30% minimum tax rate, affecting property and share investors.