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OCBC Surges on Strong H1 2026 Results as Wealth Fees Jump 42%
OCBC surges on strong H1 2026 results as wealth management fees jump 42% and loan growth accelerates. Singapore’s banking trio accounts for 89% of STI gains since year start.
Indian Market Today: Sensex Falls 0.11%, Nifty Holds Above 24,500 on Global Cues
Indian stocks traded cautiously on August 10, 2026, as global signals offered mixed cues. The Sensex slipped 0.11%, while the Nifty 50 remained above the 24,500 mark. Softer US jobs data raised hopes for easier global rate conditions, but higher crude oil prices kept pressure on Indian equities. Q1 FY27 earnings also continued to drive…
OCBC Lifts Interim Dividend to 47 Cents on Record August 2026 Profit
OCBC raises interim dividend to 47 cents after posting record S$4.19 billion first-half profit, driven by 27% surge in wealth management income to S$3.29 billion.
LIC Shares Watch: CEO Clarifies Possibility of Another OFS After ₹31,552 Crore Sale
On 7 August 2026, LIC shares stayed in focus after the company’s CEO said another government Offer for Sale (OFS) is unlikely over the next 18 to 24 months. The statement followed the government’s recent LIC stake sale, which raised ₹31,552 crore, making it one of India’s biggest disinvestment transactions. The clarification has eased concerns…
AppLovin Corporation Stock Crashes 20% After Earnings Miss Expectations
On 5 August 2026, AppLovin Corporation (NASDAQ: APP) surprised investors after reporting second-quarter earnings that came in below Wall Street’s expectations. The AI-powered advertising company still delivered strong year-over-year revenue growth, but weaker guidance for the current quarter led to a sharp sell-off. The stock dropped about 20% in after-hours trading as investors reacted to…
Kao Launches Shareholder Rewards Program on August 5, 2026
Kao introduces shareholder rewards program with product gifts worth ¥6,000-¥10,000 for holders of 400+ shares. Meyka rates the stock B+ with neutral outlook.
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.