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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.
Australia’s Capital Gains Tax Overhaul Hits Shares and Property on July 1, 2027
Australia’s new CGT rules from July 2027 replace the 50% discount with a 30% base rate and inflation adjustment. Share sales, property renovations, and super funds face higher taxes.
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.
Armenia Pivots to EU Membership Bid, Defying Russian Pressure on August 25
Armenia’s PM Pashinyan announced the country will apply for EU membership in the near future, defying Russian pressure and economic sanctions. A referendum will follow after Brussels responds to the application.
Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month
Global stablecoin card spending is projected to reach $50 billion annually by 2028, according to payments firm RedotPay. The forecast follows a record month, with stablecoin card spend crossing $1 billion for the first time in July 2026. Growth is running fastest across Latin America, Africa, and Asia-Pacific. July’s Record Month, By the Numbers Stablecoin-funded…
Hindustan Copper Share Price in Focus as Government Launches 3% OFS at ₹514, a 10% Discount
Hindustan Copper shares stayed in focus on Tuesday after the government launched an Offer for Sale at ₹514 per share. The floor price marks a 10.38% discount to Monday’s closing price of ₹573.55. The base offer covers 3% equity, with a green-shoe option to divest another 3% if oversubscribed. DIPAM Secretary Arunish Chawla confirmed the…
XRP vs RLUSD: Can Ripple’s Banking Expansion Drive Long-Term Token Demand?
XRP trades near $1.57 in late August 2026, after rallying from $1.00 in under two weeks. The move sits alongside rapid growth in RLUSD, Ripple’s own stablecoin. Investors now ask whether Ripple’s banking expansion actually pulls demand toward XRP, or toward RLUSD instead. XRP’s August Rally, By the Numbers XRP climbed from $1.00 to above…
Samsung (KRX: 005930) Slumps 8.8% as $80 Billion Shareholder Return Plan Underwhelms Markets
Samsung Electronics shares fell as much as 9.4% to 255,000 won on Monday, August 24, 2026. The stock later settled around an 8.8% decline, making Samsung the biggest weight on the KOSPI index. The selloff followed Friday’s announcement of a 90 trillion to 110 trillion won ($65 billion to $80 billion) shareholder return plan. Investors…
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…