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Global Market: Japan’s Fast Retailing shares tumble as weak yen warning overshadows profit forecast hike

Fast Retailing shares declined after raising profit forecasts for the year. The Uniqlo owner cited concerns that a weak yen could impact domestic business. Strong demand in key markets supported recent financial results. Investors may be booking profits after a significant stock rally. The company anticipates the depreciating yen will affect its fourth-quarter performance.

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BOM 7.99 +0.00 +0.00%
TYO 14.47 -0.21 -1.43%
AAPL 309.38 +5.96 +1.96%
GOOGL 377.65 +4.14 +1.11%
MSFT 492.81 +5.16 +1.06%

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Over half of infected Caribbean corals resisted widespread bleaching

FinSiddhi August 4, 2026

In the Caribbean, researchers are exploring the use of predatory bacteria as a means to combat coral diseases. Laboratory tests have demonstrated that these microscopic bacteria can successfully eliminate harmful Vibrio bacteria while preserving the coral’s vital microbiome. This promising method provides a focused mechanism to defend corals against disease. However, additional field trials are…

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Illinois farmhouse becomes final training ground for 100 firefighters

FinSiddhi August 4, 2026
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56% of vehicles not insured, SC says challan them

FinSiddhi August 4, 2026
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US Congressman warns FCRA Bill could affect India-US ties

FinSiddhi August 4, 2026

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