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South Korea’s Kospi Tumbles 5% on AI Chip Fears, Reversing Friday’s Record Rally
South Korea’s Kospi index fell 5% on August 3 after a record 17.9% rally Friday, as Samsung and SK Hynix dropped 9% each. Leverage-fueled selling and AI spending concerns drove the reversal.
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…
HSBC (LSE: HSBA) Announces $1B Share Buyback After Q2 Pretax Profit Beats Estimates at $10.1B
HSBC (LSE: HSBA) reported better-than-expected second-quarter results on August 4, 2026, giving investors fresh reasons to watch the stock. The bank posted $10.1 billion in pretax profit, ahead of market estimates, and announced a new $1 billion share buyback alongside its interim dividend. The quarter reflected steady business performance despite an uncertain global economy. So,…
Ather Energy Surges 18% to Record ₹1,500 After Strong Q1 Earnings, Lower Losses and Improved Margins
Ather Energy shares surged nearly 18% to a fresh all-time high of ₹1,500 on Tuesday, August 4, 2026. The rally followed strong first-quarter FY27 results showing sharply narrower losses. Consolidated net loss fell to ₹51 crore from ₹178 crore a year earlier. Revenue from operations nearly doubled, climbing 89% year-on-year to ₹1,216.92 crore. Ather Energy…
Indian Stock Market Today: SENSEX Rises 200+ Points, NIFTY 50 Near 24,600 After CAS Rollout; Ather Energy Surges, Nazara Slips
On August 4, 2026, Indian stock market traded in positive territory as investors reacted to the second day of the Closing Auction Session (CAS) on the National Stock Exchange. The BSE Sensex gained more than 200 points, while the Nifty 50 held close to 24,600 despite some late-session swings. Among individual stocks, Ather Energy extended…
US and Japan Jointly Support Yen as Dollar Hits 40-Year High on August 4
US Treasury and Japan jointly intervened to support the yen after it hit a 40-year low. Treasury Secretary Bessent seeks Fed help to expand dollar access for future support.
Blanche Kills $1.8B Trump Fund to Win GOP Senate Votes for AG Role
Todd Blanche rescinded Trump’s $1.8B anti-weaponization fund to win backing from GOP senators John Cornyn and Thom Tillis for his attorney general confirmation vote on Tuesday.
Warren Pickering Named One Nation Victorian Leader for November Election
One Nation names army veteran Warren Pickering as Victorian leader for November 2026 election. Pickering will contest the lower house seat of Pakenham, a Labor electorate with a 0.4% margin.
Nifty 50 Surges 1.6% to 24,774 on Oil Drop and Iran Talks
Nifty 50 climbs 1.6% to 24,774 on August 3 as crude oil drops 5% and U.S.-Iran tensions ease. IT stocks lead broad-based rally.