Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
Hong Kong-listed insurers fell sharply after media reports said Chinese tax authorities in Beijing and Hangzhou have begun assessing a 20% personal income tax on investment returns from offshore insurance policies. The development - part of a wider push by Beijing to tighten oversight of cross-border wealth - hit major Hong Kong-listed life insurer…
Braveheart Bio, Inc. has set the price for its initial public offering at $18.00 per share for 21,250,000 common shares, generating expected gross proceeds of $382.5 million before fees. The company granted underwriters a 30-day option for additional shares and intends to begin trading on the Nasdaq Global Market on August 6, 2026, with the offerin…
Braveheart Bio, a clinical-stage biopharmaceutical company specializing in treatments for hypertrophic cardiomyopathy and other serious cardiovascular diseases, has announced pricing for its upsized initial public offering of 21.25 million shares at $18.00 each. The offering is expected to raise gross proceeds of $382.5 million and will commence tr…
Bain Capital has agreed to buy global bubble tea brand Gong cha from TA Associates and other shareholders. Financial terms were not disclosed; earlier reporting in May indicated the deal could command up to $2 billion. The transaction is expected to be completed in the fourth quarter of 2026. Gong cha operates nearly 2,200 stores across 33 markets,…
Gold extended gains for a fourth consecutive session, reaching a seven-week high as reports of a possible agreement to alter maritime control in the Strait of Hormuz weighed on oil, the U.S. dollar and Treasury yields. The move reduced near-term inflation fears and prompted markets to pare back expectations for further Federal Reserve rate hikes ah…
River City Bank has set the price for its initial public offering at $45.00 per share for 2,700,000 common shares. The shares are expected to begin trading on the Nasdaq Capital Market under the ticker RCBC on August 6, 2026, with the offering anticipated to close on August 7, 2026, subject to customary closing conditions. The sale consists wholly …
Rigel is no longer just a clinical-stage story. With an FDA-approved oral PROTAC (VEPPANU) and an established hematology product (Tavalisse), the company sits at an attractive valuation (market cap ~$775M) with near-term commercial catalysts and demonstrated free cash flow. This trade buys a pullback into technical support and positions for revenue…
Beach Energy shares declined 3.1% to A$0.863 after the company reported a 10% fall in full-year revenue to A$1.80 billion and total production of 19.4 MMboe, which landed at the bottom of an already-trimmed guidance range. Concerns center on the underperforming Waitsia gas plant and a planned 24-day maintenance shutdown in September 2026. Managemen…
AMP Holdings shares jumped sharply to reach A$2.31, a seven-year high, after the company reported stronger-than-forecast half-year earnings, a notable lift from its China partnerships, and announced a AUD 150 million on-market buyback alongside a higher dividend payout ratio. The result exceeded analyst expectations and sat at the upper bound of AM…
Beach Energy reported a statutory net profit of A$281.4 million for the year to June 30, 2026, a 742% increase from the prior year. The result masks weaker operating trends: revenue from ordinary activities fell 9% to A$1.92 billion and underlying net profit after tax declined 21% to A$354.8 million. Production was 19.4 million barrels of oil equiv…
Raymond James updated its monthly shortlist for the healthcare sector, adding Aveanna Healthcare, Carriage Services and Viking Therapeutics. The investment bank emphasized imminent earnings dates and upcoming clinical readouts as the primary catalysts that could shape investor sentiment in the near term. Aveanna was added ahead of an August 13 earn…
AMP Limited reported a 57% rise in statutory net profit for the six months to June 30, led by gains from China partnerships and its wealth platforms. Revenue edged up 4%, while underlying profit and returns improved. The group declared a higher interim dividend and revealed a second on-market buyback tranche, even as AMP Bank posted a decline in pr…
Asian equities pared gains after a spike tied to AI momentum, with technology names taking the brunt of declines. Oil held in a narrow band as reports surfaced of a proposed Iran-Oman arrangement that could alter control over shipping through the Strait of Hormuz. Market participants shifted focus to U.S. labour data and the Fed outlook.
Fortuna Mining Corp. reported strong financial and operating results for Q2 2026, generating $85.7 million in free cash flow and $200.8 million in adjusted EBITDA. Despite some cost pressures from external factors including inflation and royalties linked to gold prices, the company remains on track to meet its annual production guidance and is adva…
The Pentagon's second-ranking official convened an urgent meeting on Friday night after a phone call from President Donald Trump, according to reports citing multiple sources. Senior military and defense acquisition leaders discussed immediate options to address a reported decline in U.S. weapon stockpiles linked to the Iran war. The meeting follow…
Oil futures slipped as markets balanced tentative progress toward a coordinated shipping route in the Strait of Hormuz with continued regional security threats and an unexpected increase in U.S. crude inventories. Brent and WTI were modestly lower while remaining on track for steep weekly losses after data showed U.S. stockpiles rose instead of fal…
All three major Singapore banks deliver yields above 4% and solid franchises, but differences in valuation and recent performance point to OCBC as the most compelling risk-adjusted opportunity. OCBC shows the highest fair-value upside at +15.2% supported by the strongest net income margin and low volatility. UOB appears cheapest on multiples but re…
U.S. stock-index futures were largely unchanged Wednesday night as market attention centered on reports of an agreement with Oman to reopen the Strait of Hormuz. Technology names eased after a strong start to August, with underwhelming quarterly results from SpaceX and AMD weighing on sentiment. Investors continue to watch geopolitical developments…
Federal prosecutors and Treasury officials met with a former JPMorgan executive who filed a whistleblower complaint alleging the bank misclassified customer losses as scams rather than fraud, enabling denial of reimbursements. The complaint, filed last year by Christy Lillie, also contends the bank internally estimated policy changes could cost at …
SCHD (Schwab US Dividend Equity ETF) offers 3%+ yield, a low cost structure and exposure to 100 high-quality dividend payers. With bullish technicals and a recent stretch of outperformance, a mid-term long trade sized to limit downside and capture income plus rally upside is an actionable way to reduce portfolio volatility in a risky market environ…
FIFA issued an apology to its 211 member associations for errors in the handling of a proposed sale of commercial rights tied to the World Cup, and the organisation's senior management publicly reconfirmed support for President Gianni Infantino after a crisis meeting in Rabat, Morocco. The plan - to sell a 20% stake in a new commercial-rights vehic…
Athene Holding Ltd. announced the pricing of a $1 billion investment grade senior notes offering due 2036 at a 6.15% interest rate. The company intends to use the proceeds for general corporate purposes including capital contributions to its insurance subsidiaries to spur organic growth. The offering is expected to close on August 7, 2026.
Tarsus Pharmaceuticals, Inc. will report its second quarter 2026 financial results on August 6, 2026, and host a live webcast providing a corporate update exploring advances in their eye care and infectious disease prevention pipeline.
Nikita Bier has stepped down as head of product at X after a tenure of slightly more than a year. He will continue to advise the company after overseeing the roll-out of 30 new products and framing efforts to preserve what he called the "integrity of the town square." His departure comes amid controversies involving the platform's Grok chatbot and …
LifeMD, Inc. announced its second quarter 2026 financial results, delivering revenue of $47.3 million in line with guidance. The company reported a sequentially improved adjusted EBITDA loss of $3.5 million and increased its subscriber base across weight management and total active subscribers. LifeMD continues its transition to branded GLP-1 thera…
