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Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo on August 25
Bathla Group, a major Sydney developer, has entered voluntary administration with 3,500 homes under construction left in limbo. Teneo appointed as administrator. Buyers and contractors face uncertainty.
Sony Stock Faces Pressure as PlayStation Blackout Protest Enters Day 3
Sony faces a PlayStation Blackout protest from August 23-30 as gamers boycott over the company’s plan to end physical disc production by January 2028. Digital sales already dominate PlayStation revenue.
Australia’s Diphtheria Outbreak Hits 538 Cases, Largest Since 1991
Australia records 538 diphtheria cases in 2026, the largest outbreak since national reporting began in 1991. Cases concentrated in Northern Territory and Western Australia among Aboriginal communities.
Tokio Marine Stock Split 15-for-1 on October 1, Dividend Hiked
Tokio Marine Holdings executes 15-for-1 stock split on October 1, 2026, lowers share price to around ¥494, and introduces shareholder benefits program. Dividend adjusted proportionally.
Social Security 2027 COLA Announcement Set for October 14, 2026
Social Security 2027 COLA will be announced October 14. Latest forecasts project 3.6% increase, raising average monthly checks by about $75 starting January 2027.
Ticketmaster Cancels Scalped Tickets to Olivia Rodrigo Tour, Releases at Face Value
Ticketmaster cancels scalped tickets to Olivia Rodrigo’s The Unraveled Tour and rereleases them at face value. Fans can request recovered tickets through August 28, with Silver Star tickets available from September 1.
JPMorgan Eases Share Lending Rules to Court AI Wealth, August 25
JPMorgan Chase loosens lending policy on share holdings for SpaceX and Anthropic employees, signaling a strategic shift to capture AI-driven wealth management opportunities.
Mark Carney Walks Away From US Trade Deal Over French Language Protections, August 25
Mark Carney rejected a US trade deal over French language protections, triggering 50% tariffs on $20 billion in Canadian exports. Canada plans retaliatory tariffs starting September 8.