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FTSE 100 Today: UK Stocks Slip 0.37% as Iran Tensions Overshadow Stronger-Than-Expected GDP Growth
The FTSE 100 fell 0.37% Thursday morning, extending Wednesday’s modest decline. That drop came despite UK GDP data beating expectations by a wide margin. The economy grew 0.7% in the three months to May, well above forecasts of 0.5%. Annual growth accelerated to 1.3%, its fastest pace in 13 months. Fresh Iran threats overshadowed that…
South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
South Korea’s ETFs tracking single stocks are facing a fresh regulatory crackdown. Financial Services Commission Chairman Lee Eog-weon confirmed Thursday, July 16, 2026, that new measures on leveraged ETFs are coming soon. The announcement follows weeks of market turmoil tied to products built around Samsung Electronics and SK Hynix, Korea’s two largest chipmakers. President Lee…
Hyundai Motor to Make Boston Dynamics a Wholly Owned Unit by Buying SoftBank Stake
Hyundai Motor Group is finalizing full ownership of Boston Dynamics this month. The automaker will buy SoftBank Group’s remaining 9.65% stake for $325 million. This move ends a multi-year ownership arrangement dating back to 2021. Hyundai originally paid $880 million for an 80% controlling stake that year. The deal values Boston Dynamics at a far…
ASX Midday: Telstra (ASX: TLS) Edges Higher as BHP (ASX: BHP) Drops Nearly 3% on $900M Iron Ore Project
ASX midday trading on July 16, 2026, showed a mixed picture across major sectors. Telstra edged higher, building on Wednesday’s close near $4.89. BHP fell nearly 3% after unveiling a $900 million iron ore investment. The S&P/ASX 200 stayed roughly flat, down 0.3% in early Asia-Pacific trading. This ASX midday session highlights how commodity spending…
Costco Opens 7 Warehouses in August as Expansion Accelerates
Costco plans to open 7 new warehouses in August across Albany, Oconomowoc, Otsego, Mansfield, Celina, Stone Mountain, and Lee’s Summit as part of its 26-store 2026 expansion.
Crypto Prices Today: Bitcoin Climbs 3.28% to $64,700 as Soft US CPI Boosts Ethereum and Solana ETF Optimism
Bitcoin rose 3.28% to around $64,700 on July 15, 2026, leading a broad rally across the cryptocurrency market after softer-than-expected US inflation data improved investor sentiment. Ethereum, Solana, and several other major digital assets moved higher as expectations for Federal Reserve rate cuts and renewed optimism around crypto ETFs encouraged fresh buying. The latest crypto…
IBM Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
IBM shares crashed 25.21% on July 14, 2026, marking the stock’s worst single-day drop since 1968. The selloff followed a preliminary Q2 earnings warning. IBM posted adjusted EPS of $2.93, missing the $3.01 consensus estimate. Revenue came in at $17.2 billion, below the $17.86 billion analysts expected. CEO Arvind Krishna blamed a sudden capital expenditure…
FTSE 100 Falls 0.08% as Iran Conflict Lifts Oil Prices and Weighs on European Stocks
The FTSE 100 slipped 0.08% Tuesday as renewed US-Iran conflict pushed oil prices sharply higher. London’s blue-chip index closed near 10,489.90, down from Monday’s 10,498.29 finish. A third consecutive night of US strikes on Iran rattled European markets broadly. Brent crude surged to $85.75 a barrel, its highest level in a month. Germany’s DAX and…
Japan’s Nikkei 225 Adds 500 Points to Reach 67,743.50 as Regional Markets Recover
Japan’s Nikkei 225 climbed roughly 500 points Tuesday, closing at 67,743.50. That marked a 0.75% gain after Monday’s sharp 1,361-point selloff. The index swung between losses and gains through a volatile session. Early trading saw the Nikkei 225 briefly fall nearly 1,000 points amid Middle East tensions. Bargain-hunting buyers stepped in during the afternoon, reversing…