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Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges
Australia’s daily smoking rate fell to 5.6% in 2025, beating the 10% target, but 34% of smokers now buy illicit tobacco. The government bans nicotine pouches from July 24.
Trump’s New Global Tariffs Loom as $71B Refund Wave Hits Companies
Companies have received $71 billion in tariff refunds after the Supreme Court ruled Trump’s tariffs illegal. Now Trump plans new global tariffs of 10-12.5% starting July 24, affecting UK, Japan, India, Taiwan, and China.
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Shein IPO: Fast-Fashion Giant Wins Hong Kong Listing Approval Ahead of Market Debut
On 17 July 2026, Shein moved closer to becoming a publicly traded company after the Hong Kong Stock Exchange’s listing committee approved its proposed IPO. The approval follows years of delays and regulatory hurdles that disrupted the retailer’s earlier plans to list elsewhere. Investors are now waiting for the next steps, with the offering expected…
NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval
On 12 August 2026, the National Stock Exchange (NSE) will begin trading futures and options on the Nifty India FPI 150 Index after receiving approval from the Securities and Exchange Board of India (SEBI). The new contracts give investors another way to hedge market exposure and trade stocks with strong foreign portfolio investor (FPI) ownership….
Jio Financial Services Ltd Jumps 4.52% After Q1 FY27 Profit Soars 2.6X to ₹830.3 Cr
On 17 July 2026, Jio Financial Services Ltd posted a strong set of Q1 FY27 results that caught investors’ attention. The company reported a consolidated net profit of ₹830.3 crore, around 2.6 times higher than the same period last year, helped by continued growth in lending and digital financial services. The results lifted the stock…
Taylor Farms Lettuce Linked to 1,644 Cyclospora Cases at Taco Bell
FDA identifies Taylor Farms lettuce as source of cyclosporiasis outbreak at Taco Bell in five states. Over 1,644 confirmed cases and 94 hospitalizations reported since May.
Alphabet (NASDAQ: GOOG) Stock Falls 3.79% on July 16: What Investors Need to Know
Alphabet (NASDAQ: GOOG) came under renewed selling pressure on July 16, 2026, with its Class C shares declining 3.79% during the trading session. The move stood out because the broader Software & IT Services sector gained 0.82%, highlighting company-specific concerns rather than a broad technology selloff. Investors closely watched regulatory developments, AI competition, and changing…