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Japan’s Diet Approves Imperial House Law Overhaul on July 9, 2026
Japan’s government pushes Imperial House Law revision to stabilize succession. Draft allows female royals to keep status and permits adoptions from former branches. Vote expected by July 17.
Salesman Gets 10 Years Jail, 2 Strokes of Cane for Federal Highway Cleaver Attack—July 9
Azmi Jantan, 43, sentenced to 10 years jail and caning for slashing motorcyclist with meat cleaver on Federal Highway. Attack stemmed from road rage over honking.
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.
Air Canada Names Anko Van der Werff as New CEO on July 8, 2026
Air Canada names Anko Van der Werff, Scandinavian Airlines CEO with 25 years of aviation experience and fluency in French, as new leader starting January 2027.
Alibaba (9988.HK) Surges 12% on Cloud Revenue Growth Forecast—July 9
Alibaba (9988.HK) surged 12.2% to HK$107.5 on July 8 after reports of 45% Alibaba Cloud revenue growth forecast and improved Taobao Flash Sale efficiency, lifting the Hang Seng Tech Index 5%.
Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Kalyan Jewellers Stock Bounces 5% on Citi Buy Rating Despite Q1 Miss
Kalyan Jewellers stock rebounds 5% to ₹374 on Citi’s Buy rating and ₹750 price target, signaling 111% upside despite Q1 revenue missing forecasts. Meyka grades the stock B+.
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.