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8th Pay Commission Concludes Kolkata Talks on July 10; Fitment Factor Debate Intensifies
8th Pay Commission ends Kolkata consultations July 10. Employee unions demand fitment factor of 2.86-3.25 vs. 7th CPC’s 2.57. Final report due mid-2027.
SoftBank, PayPay Eye Stake in Seven & i to Deploy AI, Robots at 7-Eleven
SoftBank and PayPay consider investing several hundred billion yen in Seven & i Holdings to deploy AI and robots at 7-Eleven stores. Sumitomo Mitsui Card may also join the deal.
DBS Hits S$70.45 as Singapore Banks Rally to Record Highs on July 11
DBS stock surges past S$70 for the first time on July 9 as Singapore banks hit record highs. Macquarie upgrades DBS and UOB to outperform on improved interest rate environment and strong earnings momentum.
Singapore Tows Two Lorries for Missing July 1 Speed Limiter Deadline
Singapore Traffic Police towed two lorries for failing to install speed limiters by July 1 deadline. About 1.1% of affected vehicles remain non-compliant. Penalties include fines up to S$1,000 or three months jail.
Spahn Proposes Stripping Höcke’s Voting Rights Instead of AfD Ban—July 10
Jens Spahn suggests stripping Björn Höcke’s voting rights rather than pursuing a full AfD party ban. Constitutional experts question whether the move is legally viable under German law.
Louise Haigh Accuses Starmer’s ‘Cabal of Men’ of Sexist Briefings—July 10
Louise Haigh accuses Starmer’s government of sexist briefings against female MPs including Angela Rayner and Lisa Nandy. Haigh, a Burnham ally, says she was targeted after her 2024 cabinet resignation.
Vodafone’s Biggest Shareholder Becomes Xavier Niel After £4.4bn Stake Purchase From E&
Vodafone Group has a new largest shareholder after a £4.4 billion stake purchase. French billionaire Xavier Niel, through his acquisition vehicle Vega, will buy e&’s entire holding in Vodafone. The deal covers roughly 16.21% of Vodafone’s issued share capital at 112.5 pence per share. That price marks a 13% premium to Vodafone’s last close of…
Prince Harry Loses Daily Mail Lawsuit; Judge Dismisses All 97 Allegations—July 10
Prince Harry loses High Court case against Daily Mail publisher Associated Newspapers. Judge dismisses all 97 allegations. Claimants may owe up to £50 million in legal costs.
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…