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DBS, OCBC, UOB Hit Record Highs as Institutions Pile Into Singapore Banks July 11
DBS, OCBC, and UOB hit record highs on July 9-11 as S$611M in institutional inflows flood Singapore equities. Banks rally on rate expectations and earnings optimism.
Jeb Bush Warns of 300 Iranian Drones in Cuba; Displays Shahed-136 Model July 9
Jeb Bush warns of 300 Iranian drones in Cuba with 2,500 km range. Former governor displays Shahed-136 model at July 9 Miami event, citing threat to U.S. mainland.
Nissan Shifts 400 Workers to Kyushu as Restructuring Accelerates
Nissan Motor relocates 400 workers from Kanagawa to Kyushu plants amid global restructuring. Stock trades at ¥310.50 with Meyka grade C and negative earnings outlook.
Cognizant Stock Falls 1.9% as US Launches H-1B Visa Fraud Probe, July 11
Cognizant faces scrutiny in Trump administration’s H-1B visa fraud investigation. Labor officials have issued dozens of subpoenas targeting alleged labor trafficking and wage-kickback schemes in the visa program.
IRS July 10 Deadline Passes: Millions Miss COVID Tax Refund Claims
Millions of Americans had until July 10, 2026 to claim IRS refunds for COVID-era penalties and interest. The deadline stems from a federal court ruling that the IRS should have suspended tax deadlines during the pandemic.
US Launches Major H-1B Fraud Probe; Cognizant Named by Labor Inspector
US Department of Labor launches major H-1B visa fraud investigation. Cognizant named in whistleblower complaints. Labor inspector cites dozens of subpoenas issued for alleged wage-kickback schemes and labor trafficking.
Keisei Electric Railway Stock Climbs as Narita Airport Expansion Gets Green Light July 11
Narita Airport expansion gets government approval for land expropriation on July 10. Keisei Electric Railway stock rises as airport infrastructure project moves forward.
16-Year-Old Arrested After Remains of Missing 13-Year-Old Layla Jeffery Found in Victoria
A 16-year-old boy arrested after remains believed to be missing 13-year-old Layla Jeffery found in Victorian bushland. Police treating death as suspicious.
Man charged with Bedford triple murder arrested in South Africa on July 10
Ndodana Mkhanyisi Tshuma, 45, arrested in South Africa on July 10 after his wife Zandile, 42, and daughters Natalie, 15, and Nala, 5, were found dead in Great Denham, Bedfordshire on July 7. CPS authorises three murder charges.