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Toncoin USD Crashes 23% to $1.35 as Sellers Dominate
TONUSD plummeted 23% in 24 hours to $1.35, with RSI at 36.87 signaling oversold conditions and volume 46% below average.
Finance Ministry Ace Jun Hitotsumatsu Sidelined to Tokyo Customs Post on August 7
Finance Ministry deputy director Jun Hitotsumatsu transferred to Tokyo Customs head post on August 7 after clashing with PM Takaichi’s administration over fiscal policy and tax exemption programs.
Adani News: AdaniConneX and DE-CIX Launch Chennai Connectivity Hub for 1GW Data Centre
Adani Group’s data centre arm AdaniConneX has partnered with DE-CIX India to launch a new connectivity hub. The point of presence sits at AdaniConneX’s Chennai 1 data centre in the SIPCOT IT Park. This move supports the company’s broader target of building over 1 gigawatt of green data centre capacity nationwide by 2030. The partnership…
BofA Sentiment Gauge Reaches Most Bullish Level Since 2021, Warning of Market Risks
BofA sentiment among global fund managers has reached its most bullish level since 2021. The bank’s Bull & Bear Indicator rose to 9.4, marking its highest level in five years. That level sits well above the 8.0 threshold that triggers a contrarian sell signal. Cash holdings fell to 3.6% of assets, the lowest level since…
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
AMD Stock Climbs 1.50% Following Acquisition of Alumni-Founded Chip Company
AMD stock rose 1.50% Thursday, August 6, 2026, closing at $489.29 per share. The gain followed AMD’s definitive agreement to acquire Taalas, a Toronto AI chip startup. Taalas was founded by former AMD engineers who later built model-specific inference chips. This marks AMD’s fourth AI-focused acquisition within just nine months. AMD Stock Today: Shares Rise…
DBS Shares Hit $76.33 as CEO Tan Su Shan Drives Wealth Growth to $500B
DBS posts record S$3.08B Q2 profit, wealth AUM crosses S$500B milestone. Shares hit S$76.33 as CEO Tan Su Shan charts AI-driven strategy for Southeast Asia’s largest bank.
GOOGL Stock in Focus as Goldman Sachs Reaffirms Strong Buy Rating on Google
Goldman Sachs reaffirmed its Strong Buy rating on GOOGL stock this week, setting a $435 price target. That target implies roughly 21% upside from GOOG’s Thursday opening price of $360. Analyst Eric Sheridan cited disciplined AI spending and a growing backlog as key drivers. GOOGL stock remains in focus as investors weigh AI infrastructure costs…
Nikkei 225 Falls 0.12% as Kospi Drops 0.60%, SK Hynix Slides Nearly 5%
The Nikkei 225 fell 0.12% on Friday, August 7, 2026, extending a volatile weekly pattern. South Korea’s Kospi dropped 0.60%, reversing an earlier intraday gain of 1.85%. SK Hynix slid nearly 5%, leading a renewed semiconductor selloff across both markets. This marks the third directional swing this week for regional chip stocks. Nikkei 225 and…