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China holds loan prime rates steady for 15th month in August
The People's Bank of China kept the one-year and five-year loan prime rates at 3.00% and 3.50%, respectively, as weak domestic demand and banking sector constraints limited policy options.
U.S. 30-year Treasury yield jumps 5.4 bps after debt buyback plan
Long-dated U.S. bond yields rose after the Treasury announced a larger debt buyback program, while global stocks edged higher following four straight sessions of declines.
Goodman Group posts 10.1% FY2026 profit rise, targets 9% FY2027 EPS growth
Australia’s industrial and data center specialist Goodman Group reported a 10.1% jump in FY2026 operating profit to AUD 2.675 billion and set a 9% EPS growth target for FY2027. The group’s data center pipeline surged to AUD 19.7 billion.
Wolfspeed shares plunge 9% after weak earnings miss, guidance cut
Silicon carbide chipmaker reports adjusted loss of $2.26 per share, missing estimates by over 400%, as revenue falls 28% short of forecasts.
Novartis to present cardiovascular data at ESC Congress 2026
Ten abstracts across Novartis's cardiovascular portfolio will highlight Leqvio, abelacimab and Entresto, including late-breaking Phase IV trial results and Lp(a) testing strategies.
Merck, Moderna cancer vaccine trial shows 59% reduction in recurrence risk
Merck and Moderna’s mRNA cancer vaccine cut melanoma recurrence risk by 59% in late-stage trial, signaling a potential shift in oncology treatment. Data released Wednesday underscores the promise of personalized mRNA therapies.
Gore Street sells two Irish energy storage assets to internal fund
Transaction valued at or above prior NAV as Gore Street begins disposal program under 2026 strategy. Two Irish projects totaling 195 MW/390 MWh transferred to GS EU Fund.
Swiss Market Index dips 0.1% as Logitech, Richemont, Swiss Re fall
Heavyweights Roche and Lonza advance while Givaudan leads gains; Centiel surges 6.4% on strong half-year results and U.S. contract. Walmart drags U.S. markets lower after weak quarterly sales.
U.S. Treasury may expand bond buyback program beyond $4 bln per issue
Secretary Bessent signals potential increase in Treasury bond repurchases to stabilize markets and address yield distortions. Update follows surprise doubling of buyback size announced Wednesday.
abrdn European Logistics Income sets 2.34 euro cent dividend for 2026
First interim dividend of 2.34 euro cents (2.00 pence) declared for year ending 2026, as company advances wind-down process with final asset sale expected in Q4.
Swiss borrowers overpay by CHF 18,000/year on long-term mortgages
Households refinancing into decade-long fixed-rate loans during 2023’s brief high-rate window now face annual overpayments of up to CHF 18,000 versus Saron-linked or short-term options, data shows.
DAX falls below 26,000 points for fourth straight session
German blue-chip index drops 0.42% as Brent crude approaches $100/barrel amid Middle East tensions. Continental gains on JPMorgan upgrade; Sartorius surges 6% on UBS call.
Telix Pharmaceuticals posts 146% EBITDA surge in H1 2026 as revenue climbs 22%
Precision medicine sales rose 27% year-over-year to $388 million, while full-year revenue guidance maintained at $950M-$970M. EBITDA reached $52M, up from $21M in H1 2025.
Goodman Group FY26 profit rises 15.7% on data centre demand
Data centres now account for 78% of Goodman Group's AUD 19.7 billion development pipeline as the industrial REIT reports a 15.7% rise in operating profit to AUD 2.675 billion. Shares dip 1.2% despite strong growth.
Swiss stocks rise; Geberit surges 7.4% on strong half-year results
Swiss market leads Europe as SMI gains 0.5% to 14,387; Roche and Novartis advance on pharma optimism, while insurance stocks lag amid bond-market pressures.
U.S. debt surpasses $40 trillion for first time
Total public debt hits $40.047 trillion as Treasury ramps up long-dated bond buybacks to ease yields amid rising term premiums.
Largo shares rise 3.8% after $82.2m debt restructuring extends maturity to 2030
Largo Inc. secures debt extension to March 2030, providing operational runway as it ramps up vanadium and by-product sales. Shares advance 3.8% in after-hours trading.
Largo restructures $82.2M debt, extends maturity to 2030
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.
Binance launches AI agent trading platform with user-controlled permissions
New Agent OS platform lets AI tools like ChatGPT and Claude execute crypto trades on Binance under user-defined limits. Exchanges expand AI integration amid growing industry adoption.
Nasdaq to delist OSR Health over bid price failure
OSR Health faces Nasdaq delisting after share price remained below $1.00 for extended periods. Trading suspension set for Aug. 26.
U.S. Treasury doubles long-dated bond buybacks after yield surge
Long-dated U.S. Treasury yields fell 10 bps after the government doubled planned bond buybacks. Stocks rose, gold and bitcoin gained, while the dollar weakened sharply against the Swiss franc.
CPPIB reports senior departures across multiple investment divisions
Canada Pension Plan Investment Board confirms exits in risk, credit, real assets and sustainable energy units amid routine staffing adjustments. Assets under management total C$863.6 billion.
Downer posts FY26 profit beat as margins expand despite revenue drop
Underlying earnings rose 6% to $502.9 million as EBITA margin hit 5.1%, surpassing guidance. Revenue fell 4.6% to $9.8 billion amid divestitures and FX headwinds.
Zip FY26 profit jumps 58% as U.S. growth drives record cash EBITDA
Buy-now-pay-later firm Zip Co posted a 58% surge in cash EBITDA to $268.9m, with U.S. transaction volume up 42.5% and operating margins expanding to 20%.