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Australia’s Housing Market Slides 5% as NAB Slashes Forecast; Buyers Freeze
NAB forecasts Australian capital city house prices to fall 5% in 2026, with Sydney down 10% and Melbourne down 9%. Buyer activity has collapsed as sellers rush to list before prices slide further.

HSBC Profit Soars 60% to $10.1B; Announces $1B Buyback on August 4
HSBC’s Q2 pretax profit jumps 60% to $10.1B, beating estimates. Bank plans $1B buyback and 10-cent dividend as net interest income rises 9%.

Rabobank to Invest €2 Billion in AI and Technology Over Three Years as Net Profit Remains Flat
On August 4, 2026, Rabobank announced plans to invest €2 billion in artificial intelligence, data, and technology over the next three years, even as its first-half net profit remained unchanged at €2.69 billion. The investment comes as large European banks continue to spend more on digital capabilities despite pressure on earnings. Rabobank wants to use…

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,…

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…

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.

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.