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Bond Rout Sends Long-Term Borrowing Costs to Highest Level in Decades
Long-term borrowing costs rose across major economies on August 18, 2026, as investors sold government bonds amid renewed inflation and fiscal concerns. The 30-year US Treasury yield climbed to 5.326%, its highest level since 2007, while Japan’s 10-year yield reached a near 30-year high of 2.945%. The global bond rout is raising concerns about government…
Flock Safety Stock Faces Backlash as 20+ Jurisdictions Ditch Cameras in July
Flock Safety cameras face unprecedented backlash with 20+ jurisdictions dropping the service in July 2026 over privacy and police misuse concerns. CEO announces new guardrails.
Coles and Woolworths Test Facial Recognition as Privacy Concerns Mount, August 18
Coles and Woolworths have tested facial recognition technology in their Australian stores to reduce retail crime. Privacy advocates warn of surveillance risks as the Privacy Commission cautions retailers against rollout without proper safeguards.
IN Market Today: Sensex Falls 250 Points, Nifty Below 24,250; Infosys, IndiGo Lead Losses
Indian stocks came under fresh pressure on August 18, 2026, with the Sensex falling more than 250 points and the Nifty slipping below 24,250. Brent crude moved above $91 a barrel as hopes for a US-Iran ceasefire faded, adding to concerns among investors. Infosys and IndiGo were among the stocks in focus as traders turned…
Nike Stock Drops 4% to 12-Year Low Below $40 as Downgrades and Weak Sales Raise Turnaround Risks
Nike stock faced fresh selling pressure on August 17, 2026, falling about 4% and moving below the $40 mark. The shares touched around $38.85, their lowest level since 2014. Weak sales, softer footwear demand, and new analyst downgrades have added to concerns about Nike’s turnaround. Investors are now watching to see whether the sportswear giant…
Former DBS Chief Gupta Urges Singapore to Take Bigger Risks in Finance
Former DBS CEO Piyush Gupta warns Singapore’s financial sector must resist risk aversion and embrace innovation to stay competitive. He praised recent bold moves like EQDP and suggested exploring SGD-backed stablecoins.
SK Hynix Becomes Kioxia’s De Facto Top Shareholder as Toshiba Exits
SK Hynix becomes Kioxia’s de facto top shareholder as Toshiba reduces its stake to 14.06% through seven stock sales. The Korean chipmaker holds convertible bonds that could grant it voting control.
Ukraine’s $48,000 MICH 2000 Drone Destroyed Russian Tu-95 Bomber on August 16
Ukraine’s MICH 2000 drone, reverse-engineered from Chinese aircraft and costing $48,000, destroyed a Russian Tu-95 bomber. The 2,000 km range drone was built after Ukrainian teams photographed a Chinese factory in 2023.
FTSE 100 Today: Index Rises 0.26% as US Retail Sales Fall 0.6%, Easing Fed Rate-Hike Bets
The FTSE 100 today rose 0.26% on August 17, 2026, after weaker US consumer data reduced concerns about another Federal Reserve rate hike. US retail sales fell 0.6% in July, well below the expected 0.1% increase. It was also the steepest monthly decline since May 2025. The weaker figures pushed the dollar and Treasury yields…