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UOB Wins S$76.1M Appeal Against Lippo Marina Collection on August 26
UOB’s damages award against Lippo Marina Collection jumped from S$17.7M to S$76.1M after appeal court ruled rental income should not reduce fraud losses from inflated housing loans.
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.
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…
Tamil Nadu CM Vijay Drops Parandur Airport, Announces ₹4,000 Crore LPG Scheme on August 24
CM Vijay scraps Parandur airport, launches ₹4,000 crore free LPG cylinder scheme for 1.34 crore families starting Pongal 2027, and expands free bus travel for women and transgender persons from October 2.
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…
Australia’s Big Banks Hike Credit Card Fees Before October 1 Surcharge Ban
Commonwealth Bank, Westpac, and NAB are raising credit card fees and cutting rewards as Australia’s surcharge ban looms on October 1, 2026. Banks aim to offset A$600 million in lost revenue.
Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.