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India, Indonesia Sign $630M BrahMos Missile Deal on July 9
India and Indonesia finalize $630M BrahMos missile deal and 20 other agreements during PM Modi’s visit, including critical minerals, maritime security, and temple restoration projects.
Apple Supplier Luxshare (SZSE: 002475) Falls 9.6% After HK$24.27 Billion Hong Kong IPO Debut
Luxshare Precision Industry, one of Apple’s largest suppliers, got off to a disappointing start on the Hong Kong Stock Exchange despite completing the city’s biggest IPO of 2026. On 9 July 2026, the company raised HK$24.27 billion, but its shares dropped as much as 9.6% on the first day of trading. The sharp decline caught…
Cochin Shipyard Share Price Falls 3% After Government OFS Ends—July 9
Cochin Shipyard shares fell 3% after government divested 5.04% stake via OFS at ₹1,400 floor price. Unions protested, citing privatisation fears as government stake drops to 62%.
SpaceX Launches 29 Starlink Satellites Aboard Falcon 9 in Early Morning Florida Mission
SpaceX launched 29 Starlink satellites aboard a Falcon 9 rocket early Thursday, July 9, 2026. Liftoff occurred at 5:25 a.m. ET from Cape Canaveral Space Force Station in Florida. The mission, designated Starlink 10-42, deployed V2 Mini Optimized satellites into low Earth orbit. This flight also set a new company record for booster reuse. SpaceX’s…
BASF’s €8.7B China Plant Turns Profit in 100 Days; Ludwigshafen Cuts 3,370 Jobs
BASF’s €8.7B Zhanjiang plant in China hits profitability in 100 days, while Ludwigshafen workforce shrinks from 33,370 to 30,000. CFO calls China launch ‘spectacular’ as home plant fights to return to black.
UK Police Launch International Manhunt for Mark Tshuma After Family Found Dead in Bedford—July 9
UK police name Mark Tshuma, 45, as suspect in triple murder after wife and two daughters found dead in Bedford home. Suspect fled to Zimbabwe on Saturday via Heathrow Airport.
Oil Prices Rise Above $75 After US-Iran Conflict Escalates
Oil prices climbed sharply this week after renewed US-Iran hostilities shattered a fragile ceasefire. Brent crude reached $77.40 a barrel on July 9, 2026, up from $72.55 just two days earlier. WTI crude traded near $74.20 a barrel, extending Wednesday’s surge past 5%. The US struck more than 80 Iranian targets after attacks on three…
Dow Drops 1.5% on July 8 as US-Iran Tensions Spike Oil Prices
The Dow Jones Industrial Average fell 1.5% to 52,126.81 on July 8 as US-Iran tensions escalated, oil prices spiked, and geopolitical anxiety gripped markets.
Canadian Portfolio Managers Pick Dividend Stocks on July 8, 2026
Rebecca Teltscher and Ernest Wong share their top stock picks for July 8, 2026. Both managers favor Canadian dividend stocks and energy plays amid elevated valuations and geopolitical risks.