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Sony Faces California Class Action Over Digital Game Ownership Disclosures
Sony argues in court filing that PlayStation Store disclosures adequately warn customers they buy licenses, not ownership. Four gamers sued over unclear labeling of digital purchases.
HDFC Bank Shares Hit 52-Week Low as Jagdishan Steps Down in October
HDFC Bank CEO Sashidhar Jagdishan steps down in October 2026. Shares hit 52-week low of ₹704.15. Deputy MD Kaizad Bharucha leads internal succession race. Meyka rates stock B+.
LA Rapper ColdheartedAC Indicted in $8.1M Stolen Check Scheme on August 31
Ada William Obayuwana, aka ColdheartedAC, arrested in $8.1 million stolen check scheme. Federal indictment alleges he and two others cashed stolen Treasury checks, tax refunds, and benefits across Southern California from April 2022 to December 2023.
Bessent Defends Yen Intervention as Warren Demands Answers on August 29
Treasury Secretary Bessent defends rare U.S. yen intervention against Senator Warren’s criticism, clarifying that Japan owes nothing and no taxpayer funds were at risk.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.
Hong Kong Opens Ride-Hailing Licences: Uber, Didi Prepare Bids by October 30
Hong Kong Transport Department invites ride-hailing platform applications with October 30 deadline. Uber and Didi preparing bids. Annual licence fee HK$1.2 million. Applicants need HK$50 million paid-up capital.
Indian Stock Market Today: SENSEX Jumps 350 Points, NIFTY50 Above 24,150 as IT Stocks Rally
Indian stock market indices extended gains through Friday morning, August 28, 2026, led by a sharp IT sector rally. The Sensex climbed roughly 366 points, or 0.47%, to near 77,295. The Nifty50 pushed past 24,168, building on its early gains. Nifty IT rose over 1% as traders awaited Fed Chair Kevin Warsh’s Jackson Hole remarks….
Mizuho Sues Radiant World in Singapore Court as Police Probe Widens
Singapore police raid Radiant World’s office investigating falsified documents. Mizuho Bank files court injunction against the iron ore trader on August 28 as five banks discover fake invoices.
HDFC Bank (HDFCBANK) Shares Fall 2% to 52-Week Low as US Securities Class-Action Lawsuit Weighs
HDFC Bank shares fell more than 2% to ₹710 on August 27, 2026, hitting a fresh 52-week low as investors reacted to a US securities class-action lawsuit against the lender and two senior executives. The legal case adds to the pressure on HDFCBANK stock, which was already trading well below its previous high. HDFC Bank…