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Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…
Nikkei 225 Slides nearly 4% as Samsung and SK Hynix Lead Global Chip Stock Selloff
Nikkei 225 slid nearly 4% Tuesday, dragged lower by a global chip stock selloff. Japan’s benchmark index fell to 62,350.18, its weakest level since late May. Samsung Electronics tumbled as much as 13.4%, while SK Hynix dropped up to 14%. South Korea’s Kospi index plunged 10.5% to 6,051.19, triggering a trading suspension. Concerns over AI…
Yasuo Akao Wins July Sumo Tournament, Achieves Historic Ozeki Return
Sumo wrestler Yasuo Akao wins July tournament with 12-3 record, becomes first to regain ozeki rank and win in same tournament. Victory came in three-way playoff at Nagoya venue.
House Republicans Head Home With War Spending Win, Face Affordability Backlash in Midterms
House Republicans passed $95B war spending and military budget before recess. Democrats counter with affordability messaging as midterms approach with inflation and war costs fueling voter discontent.
Fourth Transmissible Cancer Found in Catfish at Lake Memphremagog, July 27
Scientists discover transmissible melanoma in brown bullhead catfish at Lake Memphremagog on Vermont-Quebec border. The cancer spreads between fish and is the fourth known transmissible cancer in nature.
SoftBank Group Secures 21 Additional Banks for $40 Billion OpenAI Loan
SoftBank Group has secured commitments from 21 additional banks to support its $40 billion bridge loan for OpenAI, making it one of the biggest AI financing deals of 2026. The latest reports, published in late July 2026, suggest lenders remain willing to fund large artificial intelligence projects even as borrowing costs stay elevated. The financing…
MCX Gold & Silver Price Today: Precious Metals Rise Ahead of US Fed Decision
MCX Gold and MCX Silver opened higher on Monday, July 27, 2026, as a pause in US-Iran hostilities shifted investor focus to safe-haven demand. MCX gold August futures gained ₹469 to open at ₹1,43,575 per 10 grams. Silver September futures jumped nearly 1% to ₹2,24,500 per kilogram. Both metals are tracking gains ahead of the…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…