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Kospi Plunges 6% on July 30 as SK Hynix Earnings Disappoint
Kospi drops 6.1% to 5,656 after SK Hynix misses earnings forecasts despite record profits. South Korea announces emergency measures to stabilize markets and restrict leveraged ETFs.
Deutsche Telekom Slips 0.43% on July 29 as DAX Weakness Spreads
Deutsche Telekom (DTE.DE) dropped 0.43% to €27.47 on July 29 amid DAX weakness. The stock trades at a B grade with a 12-month forecast of €25.56, down 11.5% year-over-year.
Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
Japan Earthquake Kills 13 in Kumamoto; 6.8 Magnitude Shakes Kyushu July 29
A 6.8 magnitude earthquake hit Kumamoto, Japan on July 28, killing 13 people and collapsing buildings. Rescue crews search for survivors as aftershocks continue.
Intact Financial Corp. Reports Lower Q2 Profit as Insurance Revenue Increases
On July 28, 2026, Intact Financial Corp. reported lower second-quarter profit even though insurance revenue continued to rise. Higher premium income was not enough to offset increased catastrophe losses and rising claims costs. Investors are paying closer attention to profitability rather than revenue growth alone as the insurer deals with a more challenging claims environment. …
ASX Stocks Performance: CSL Climbs After Clinical Trial Update Boosts Healthcare Stocks
CSL shares surged nearly 7% on the ASX on Wednesday, July 29, 2026, leading a broad healthcare rally. The biotechnology giant climbed to around A$123.68 after unveiling plans for new clinical trials tied to its Horizon 2 manufacturing process. Healthcare stocks on the ASX jumped nearly 4% at midday, outpacing every other sector. The S&P/ASX…
Data Breach: Experts Warn Leaked Bank of Baroda Information Could Aid Cybercriminals
Cybersecurity concerns increased after reports emerged on July 27, 2026, that data linked to Bank of Baroda had been breach or posted on the dark web. The bank said the incident involved a compromised employee email account and confirmed that its core banking systems were not affected. Even so, cybersecurity experts believe the leaked information…
Interfor Shifts HQ to Georgia as Tariffs Squeeze Canadian Lumber
Interfor moves corporate operations from Burnaby, BC to Georgia office as U.S. softwood lumber tariffs and weak market conditions force strategic restructuring of Canada’s largest lumber company.