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KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
Qantas Double Status Credits Offer Runs Until September 2, 2026
Qantas frequent flyers can earn double status credits or points until September 2, 2026 on eligible flights. Travel must occur between September 3, 2026 and August 14, 2027. Registration required via Qantas app.
Over 65% of Australians Aged 75+ Digitally Excluded as Services Go Online
Over 65% of Australians aged 75+ are digitally excluded as everyday services move online. Families step in to help, but advocates warn digital-only access leaves seniors isolated and dependent.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Childcare provider Edge Early Learning enters voluntary administration with 70 centres at risk. KordaMentha appointed as administrators. Arena REIT holds $4 million in guarantees over 31 leased properties.
Moonshot AI Negotiates Revenue-Sharing Deals With Microsoft, Amazon and Google
Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon, and Google, Reuters reported on August 26, 2026. The Beijing-based startup wants these three cloud giants to host its Kimi K3 model. Moonshot is seeking up to 30% of revenue generated from K3-related services. A completed deal would mark the first major revenue-sharing pact between a…
Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
Walmart Accepts Apple Pay and Google Pay Starting August 24, 2026
Walmart now accepts Apple Pay, Google Pay, and contactless cards at select stores starting August 24, 2026, with full rollout planned by end of 2026. Existing payment methods remain available.
Jack Ma Buys Alibaba Shares, But Investor Concerns Over $10 Billion Sale Remain
Jack Ma has purchased more than HK$600 million ($76.5 million) of Alibaba shares since August 23, 2026. The buying followed Alibaba’s record HK$80 billion ($10.2 billion) share placement announced August 23. Chairman Joe Tsai and CEO Eddie Wu together bought at least $25 million more in stock. Despite this insider buying, Alibaba shares remain nearly…
Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…