Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
Infosys Shares Drop Amid Earnings Quality Concerns 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside 
DOJ Seeks Dismissal of Gautam Adani Bribery Case, Citing Foreign Scope 
Home ownership is slipping out of reach. It’s time to rethink our fear of ‘forever renting’ 
Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
DeepSeek Eyes China IPO as AI Startup Seeks $71 Billion Valuation in New Funding Round 
US Egg Producers Settle Price Manipulation Probe, Agree to Pay $3.3 Million and Donate 53 Million Eggs 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Investors value green labels — but not always for the right reasons 
China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
Elliott Investment Management Takes Significant Stake in BP to Push for Value Growth 
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
US regulators fined 16 financial firms a combined $1.8 billion for letting their staff discuss deals and trades on their personal devices and apps.
The firms include Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley, Nomura, and UBS.
The industry probe resulted in a collective resolution made by the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The authorities claimed that from January 2018 to September 2021, employees of the banks habitually talked with coworkers, clients, and other third-party advisers about business concerns such as debt and equity dealings using personal messaging apps like WhatsApp and SMS messages.
Most of those personal chats were not preserved by the institutions, in violation of federal regulations requiring broker-dealers and other financial organizations to maintain business correspondence. The authorities claimed that this made it more difficult for them to monitor the financial markets, guarantee adherence to important regulations, and acquire information for unrelated investigations.
According to the SEC, personnel at all levels, including senior and junior investment bankers and traders, were implicated in the failures, which affected all 16 organizations.
Although Bank of America and Nomura did not explicitly confirm or deny all of the CFTC's investigative findings, the companies' admission of the facts and admission that they broke the law was a significant triumph for the agencies, it added.
