OCBC and UOB Beat Estimates, US Hits Polysilicon With 15% Tariff and Houthis Strike Saudi Arabia 

Headline news for August 7, 2026: OCBC’s Q2 profit surges 22 per cent to S$2.22  billion, declaring a $0.47 interim dividend. UOB’s profit rises 10 per cent. The US imposes a 15 per cent tariff on polysilicon targeting Chinese semiconductor and solar supply chains. Houthis wound eleven civilians in southern Saudi Arabia as further attacks are warned imminent. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg)

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Produced by: BT Podcasts, The Business Times, SPH Media

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