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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.
Swiss Doctors Threaten Strike Over New Salary Cap Starting January 2027
Swiss doctors threaten strike over new billing cap limiting them to 1,577 points per day starting January 2027. The measure aims to control healthcare costs.
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.
Rheinmetall and Lockheed Martin to Build ATACMS Missiles in Germany
Rheinmetall and Lockheed Martin plan to manufacture ATACMS missiles at a new facility in Unterlüss, Germany. The deal, signed at NATO’s Ankara summit, represents the first European production of these tactical weapons.
Euro Falls to 1.1425 as Middle East Tensions Spike Oil Prices—July 8
EUR/USD drops to 1.1425 on July 8 as Middle East escalation drives oil to $76.50/barrel and investors flee to safety. ECB rate hike hopes fade amid energy shock.
Bank of Kochi Falls 2.5% as Zentoshin Bankruptcy Exposes ¥1.2B Loan Loss—July 9
Zentoshin bankruptcy with ¥115.2 billion debt hits 200,000 merchants and regional banks. Bank of Kochi discloses ¥1.2 billion loan exposure. Restaurants lose credit card processing, face cash-only crisis.
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.
Kumamoto Fires Teacher for Voyeurism, Suspends Another for Theft—July 9
Kumamoto Board of Education fires teacher for attempted voyeurism after ¥500,000 fine, suspends another for stealing ¥90,000 from staff funds. Two separate disciplinary cases announced July 8.
German Court Orders Liebich Extradition From Czech Republic on July 8
Czech Republic approves extradition of Marla Svenja Liebich to Germany to serve 18-month sentence for hate speech and incitement. Transfer expected within ten days.