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Category A COE hits record S$129,000 on July 9, 2026
Category A COE hits record S$129,000 as Singapore car buyers face soaring costs. Three-week bidding gap and expiring EV incentives fuel demand surge on July 8.
Alibaba Stock Jumps 12% on July 8 as Cloud Revenue Soars
Alibaba (BABA) soared 12% on July 8 as cloud revenue jumped 45% year-over-year and instant-commerce losses narrowed. A US court temporarily blocked a Pentagon military classification.
Australia’s New 30% Capital Gains Tax Hits Low-Income Earners From July 2027
Australia’s capital gains tax overhaul from July 2027 replaces the 50% discount with inflation indexing and a 30% minimum tax rate, affecting property and share investors.
EPF Scheme 2026: New Withdrawal Rules Explained for Indian Workers—July 9
EPF Scheme 2026 replaces 1952 rules with simplified withdrawals, independent opt-out rights, and 20-day claim settlement. Covers 8 crore subscribers in India. Key changes explained.
Apollo Micro Systems Falls 5% After ₹3,322 Crore Fundraise Approval—July 9
Apollo Micro Systems shares fell 5% on July 8 after board approved ₹3,322 crore fundraise via 22.8 million equity shares at ₹416.60 and 56.9 million convertible warrants. Stock up 117.6% in past year.
Budget Changes Slam ‘Bank of Mum and Dad’ as First-Home Buyers Rush—July 9
Family support for first-home buyers drops sharply after 2026 budget changes to negative gearing and capital gains tax. Young buyers rush to purchase before costs rise, but parents pull back on guarantees.
Bank of Canada Holds Rates at 2.25% Ahead of July 15 Decision
Bank of Canada holds key rate at 2.25% as it faces conflicting economic signals. Rate decision expected July 15 amid Middle East tensions and trade uncertainty.
Apple (NASDAQ: AAPL) Expands Broadcom (NASDAQ: AVGO) Partnership With $1.5 Billion Colorado Manufacturing Investment
Introduction Apple has expanded its long-standing partnership with Broadcom through a multiyear semiconductor agreement expected to exceed $30 billion, marking one of the company’s largest domestic manufacturing commitments. Announced on July 8, 2026, the deal includes a $1.5 billion expansion of Broadcom’s manufacturing facility in Fort Collins, Colorado, strengthening U.S.-based chip production and supply chain…
Taiwan Index Rallies More Than 330 Points as TSMC, Hon Hai, and MediaTek Advance
The Taiwan Index gained more than 330 points as investors returned to technology stocks. Buying activity picked up across leading chipmakers and electronics companies, improving overall market sentiment. Strong advances in TSMC, Hon Hai, and MediaTek helped push the broader market higher. The latest rise in the Taiwan Index also reflected stronger confidence in artificial…