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Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Japan Tightens Visa Rules, Forcing Chinese Wealthy to Sell Tokyo Apartments by August 21
Japan’s strict new business visa rules cut Chinese applicants 96%, forcing wealthy residents to sell Tokyo luxury apartments within 30 days or leave. Central Tokyo high-end sales down 60% in 2026.
Stock Market Close: Sensex Ends Flat at 77,540, Nifty Holds 24,200 as Bank Gains Offset IT and Auto Drag
Sensex closed nearly flat at 77,540 on Friday, up marginally from the previous close of 77,537.72. The Nifty50 held near 24,235, against Thursday’s close of 24,231.85. Banking and financial stocks like HDFC Life and Power Grid cushioned the index, while IT, FMCG, and auto shares dragged. The muted session reflected cautious global cues as Brent…
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
Scott Bessent Pushes Treasury Buybacks as Bond Vigilantes Challenge US Debt
Scott Bessent doubled Treasury’s long-term bond buyback program on August 19, 2026, raising the per-operation cap from $2 billion to at least $4 billion. The Treasury secretary told CNBC Thursday the size could climb even further. Yields fell sharply on the news, with the 10-year note dropping 5.7 basis points to 4.647%. Bessent’s move directly…
5.3 Million Australians Get Centrelink Boost From September 20
More than 5.3 million Australians will receive higher Centrelink payments from September 20, 2026, including pension, JobSeeker, and Youth Allowance increases. Deeming rates also rise.
JAL Deploys Trailer Shelters at Haneda to Protect Ground Staff From Lightning, Heat
JAL installs trailer shelters at Haneda Airport to shield ground staff from lightning and summer heat. The airline also uses AI to predict lightning risks and guide pilots away from danger zones.
Hyperliquid USD Surges 19.8% to $70.19 as Macro Liquidity Flows In
HYPEUSD jumped 19.8% to $70.19 on August 19 as Bitcoin rallied 2.93% and staking flow surged 55.77% in 24 hours.