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SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Aeon Stock Jumps 4.5% After Kumamoto Earthquake Destroys Mall on July 29
Aeon (8267.T) stock surged 4.5% to ¥1,439.50 after a 6.8-magnitude earthquake destroyed its Kumamoto mall on July 28. The mall had just reopened last month after a decade of recovery from the 2016 quake.
Apple Upgrade: Apple and Klarna Introduce New Leasing Program in the US
Apple launched Apple Upgrade in the United States on July 28, 2026, giving customers a new way to lease iPhones, Macs, iPads, and Apple Watches through Klarna. Instead of paying the full price upfront, eligible buyers can spread the cost with monthly payments and switch to newer devices more easily. The move comes as Apple…
Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman fined A$35 million by Federal Court for misleading ads promoting 60-month interest-free payments without disclosing mandatory credit card fees and charges to customers.
Nikkei 225 Closes at Two-Month Low After 1.91% Decline in Tech Shares
On July 29, 2026, Japan’s Nikkei 225 dropped 1.91% to its lowest close in more than two months as technology stocks drove a broad market decline. Semiconductor and AI-related companies came under heavy selling pressure after weak global market sentiment hurt investor confidence. The selloff has raised fresh questions about whether Japan’s recent stock market…
Intact Financial Corp. Reports Lower Q2 Profit as Insurance Revenue Increases
On July 28, 2026, Intact Financial Corp. reported lower second-quarter profit even though insurance revenue continued to rise. Higher premium income was not enough to offset increased catastrophe losses and rising claims costs. Investors are paying closer attention to profitability rather than revenue growth alone as the insurer deals with a more challenging claims environment. …
ASX Stocks Performance: CSL Climbs After Clinical Trial Update Boosts Healthcare Stocks
CSL shares surged nearly 7% on the ASX on Wednesday, July 29, 2026, leading a broad healthcare rally. The biotechnology giant climbed to around A$123.68 after unveiling plans for new clinical trials tied to its Horizon 2 manufacturing process. Healthcare stocks on the ASX jumped nearly 4% at midday, outpacing every other sector. The S&P/ASX…
Interfor Shifts HQ to Georgia as Tariffs Squeeze Canadian Lumber
Interfor moves corporate operations from Burnaby, BC to Georgia office as U.S. softwood lumber tariffs and weak market conditions force strategic restructuring of Canada’s largest lumber company.
Eleanor Patterson Wins Second Commonwealth Games Gold in Glasgow High Jump
Eleanor Patterson wins second Commonwealth Games gold in high jump at Glasgow 2026, clearing 1.96m to beat teammate Nicola Olyslagers in a dramatic rain-affected final.