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Market news: The Bushehr City Council in Iran held a vote of no confidence, removing Mayor Hossein Haidari from office.

2026-08-11

Market news: The Bushehr City Council in Iran held a vote of no confidence, removing Mayor Hossein Haidari from office.

Other News
2026-08-11

Hang Seng opened higher, briefly topped 26,000 before reversing and closed down 0.63% at 25,773.56, trading back beneath its 250-day moving average. The Hang Seng Tech Index underperformed, down 1.27% at 4,857.12. Market turnover was HKD 115.84 bln.

Hang Seng opened higher, briefly topped 26,000 before reversing and closed down 0.63% at 25,773.56, trading back beneath its 250-day moving average. The Hang Seng Tech Index underperformed, down 1.27% at 4,857.12. Market turnover was HKD 115.84 bln. Innovative drug names led gains, memory-chip plays showed recovery, oil stocks were among top advancers, gold opened strong then faded and autos labeled. Notable moves: Zai Lab (09688.HK) +5.34%, WuXi AppTec (02359.HK) +2.02%, CNOOC (00883.HK) +3.76%, Lanqi Technology (06809.HK) +4.97%, Zijin Mining (02899.HK) -3.51%, NIO-SW (09866.HK) -3.11%.
2026-08-11

RBA Governor Bullock said the Reserve Bank of Australia board discussed the prospect of raising interest rates.

RBA Governor Bullock said the Reserve Bank of Australia board discussed the prospect of raising interest rates.
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