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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.
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…
AppLovin Corporation Stock Crashes 20% After Earnings Miss Expectations
On 5 August 2026, AppLovin Corporation (NASDAQ: APP) surprised investors after reporting second-quarter earnings that came in below Wall Street’s expectations. The AI-powered advertising company still delivered strong year-over-year revenue growth, but weaker guidance for the current quarter led to a sharp sell-off. The stock dropped about 20% in after-hours trading as investors reacted to…
Kao Launches Shareholder Rewards Program on August 5, 2026
Kao introduces shareholder rewards program with product gifts worth ¥6,000-¥10,000 for holders of 400+ shares. Meyka rates the stock B+ with neutral outlook.
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.
AU Government Levy on Tech Giants Increased Under News Bargaining Plan
Australia has updated its proposed levy on large technology companies through its revised News Bargaining Incentive, introducing a new 2.5% levy announced on August 3, 2026. The policy is designed to encourage platforms such as Google, Meta, and other major digital companies to sign payment agreements with Australian news publishers instead of paying the levy….
IOC Launches 10kg Indane XtraLite Cylinder With 4-Hour Delivery on July 31
Indian Oil launches Indane XtraLite Now, a 10kg composite LPG cylinder with 4-hour express delivery. New LPG rules effective August 1 require e-KYC and limit PMUY subsidies to Rs 300 per cylinder for first four refills yearly.