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Sapporo Shifts Non-Alcoholic Beer to US by Mid-2027 Amid 50% Tariff
Sapporo plans to shift non-alcoholic beer production from Canada to the US by mid-2027 to dodge 50% tariffs. The move affects just 0.5% of Canadian output and remains unconfirmed.
Australian Home Values Drop $34B in June Quarter as Rate Rises Bite
Australian home values fell $34.1 billion in June 2026, the first quarterly decline since 2022. National property now worth $12.7 trillion as interest rates and tax changes bite.
Singtel Stock Rises as India Holdings Fuel 50% of Company Value
Singtel’s Indian holdings, including a 25-year-old stake in Airtel, now account for approximately 50% of the company’s S$73.5 billion valuation. Meyka rates the stock B with a 12-month forecast of S$5.00.
Australian Home Values Drop $34B in Three Months as Rates Bite
Australian home values fell $34 billion in Q2 2026 as interest rates and tax changes bite. National homes now worth $12.7 trillion, down 0.3%, with Sydney hardest hit.
Bond Market Rout Pushes Australian 10-Year Yields to 15-Year High
Australian 10-year bond yields hit 15-year highs as global bond markets sell off sharply. Rising yields increase borrowing costs and threaten asset prices amid persistent inflation and $40 trillion US debt.
UK Loses £330m Taxpayer Chris Rokos to Greece’s Flat Tax Deal
Chris Rokos, who paid £330m in UK tax last year, is moving to Greece where he’ll pay just €100,000 annually on overseas income. The exit raises questions about Britain’s competitiveness for wealth creators.
Egyptian TV Presenter Sarah Khalifa Sentenced to Death in Drug Trafficking Case
Egyptian TV presenter Sarah Khalifa, 39, sentenced to death by Cairo court for drug trafficking alongside 11 others. Court seized 750kg of narcotics. Verdict subject to appeal.
Cathay Pacific Marks 80 Years With Gold Passes and $100B Expansion
Cathay Pacific celebrates 80 years with HK$3,680 gold boarding passes, flight discounts up to USD 108, and HK$100 billion expansion. Founded in 1946, the airline is hiring 3,000 staff this year.
Tesla Stock Drops 6% After Cybercab Launch Disappoints Investors
Tesla shares dropped 5.9% after a closed Cybercab launch event disappointed investors. The NHTSA simultaneously opened a safety probe into the driverless taxi’s certification.