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Pentagon Awards $560M Loan to Sunrise Energy for World’s First Scandium Mine in NSW
Pentagon invests $560 million in Sunrise Energy Metals’ Syerston Scandium Project in NSW to counter China’s control of rare earth supply. Project targets aerospace and defence demand.
OCBC Lifts Interim Dividend to 47 Cents on Record August 2026 Profit
OCBC raises interim dividend to 47 cents after posting record S$4.19 billion first-half profit, driven by 27% surge in wealth management income to S$3.29 billion.
Mondelez Launches KFC Oreo Ghost Candy as Viral Strategy Drives August 7 Growth
Mondelez launches KFC fried chicken Oreos in China and Oreo ghost candy at Walmart this fall, driving earned media and brand momentum as the snack giant battles grocery store competition.
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
DBS Shares Hit $76.33 as CEO Tan Su Shan Drives Wealth Growth to $500B
DBS posts record S$3.08B Q2 profit, wealth AUM crosses S$500B milestone. Shares hit S$76.33 as CEO Tan Su Shan charts AI-driven strategy for Southeast Asia’s largest bank.
Indonesia Takes Over Whoosh High-Speed Rail as Losses Mount to ¥45 Billion
Indonesia’s government takes control of the Whoosh high-speed railway from state firms after losses ballooned to ¥45 billion in the first half of 2026. The transfer aims to restructure debt without burdening the state budget.
Trump Signs Two Orders on Birthright Citizenship After Supreme Court Rejection
Trump signs executive orders targeting birthright citizenship and birth tourism on August 6, 2026, five weeks after Supreme Court rejected his first attempt. ACLU says orders are doomed to fail in court.
ByteDance Eyes AI Leadership With 10 Trillion-Parameter Model Bigger Than Kimi K3
On 7 August 2026, reports revealed that ByteDance is developing a 10 trillion-parameter AI model, making it much larger than Moonshot AI’s Kimi K3. The project is the latest sign of China’s rapid progress in artificial intelligence and could strengthen ByteDance’s position alongside companies such as OpenAI, Anthropic, and Google. A larger model does not…
LIC Shares Watch: CEO Clarifies Possibility of Another OFS After ₹31,552 Crore Sale
On 7 August 2026, LIC shares stayed in focus after the company’s CEO said another government Offer for Sale (OFS) is unlikely over the next 18 to 24 months. The statement followed the government’s recent LIC stake sale, which raised ₹31,552 crore, making it one of India’s biggest disinvestment transactions. The clarification has eased concerns…