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On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federer’s net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brand’s missed sales expectations.
IN Stock Market Today: Sensex at 77,725, Nifty at 24,331 as Markets Turn Lower
India’s stock market extended losses on Thursday, August 13, 2026, as Middle East tensions outweighed positive domestic data. The Sensex slipped to 77,725, while the Nifty 50 traded near 24,331. Both benchmarks fell for a second straight session, pressured by firm oil prices and uncertainty over a Strait of Hormuz deal. Market breadth stayed relatively…
Tata Motors Stock Surges Over 6%: Strong Q1 Results and Nomura Upgrade Lift Sentiment
Tata Motors shares surged more than 6% on Thursday, August 13, 2026, after a strong June-quarter performance. The stock opened nearly 3% higher at ₹470 and touched an intraday high of ₹485. Consolidated net profit jumped 83% year-on-year to ₹2,560 crore for Q1 FY27. Revenue from operations rose 19.3% to ₹20,667 crore. Nomura upgraded Tata…
LA Warehouse Rotting Meat Crisis: 85M Pounds, £60M Cleanup, New Laws Loom
A burned LA warehouse holds 85 million pounds of rotting meat. Residents face foul odors, flies, and rats. Lineage Logistics faces £60M cleanup costs and new state laws targeting industrial accountability.
Japan’s Equal Pay Rule Tightens October 1: Part-Timers Can Now Demand Bonus Explanations
From October 1, 2026, Japanese employers must explain pay gaps to part-timers and cannot arbitrarily deny bonuses. New guidelines clarify when wage differences are illegal.
Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
US 30-Year Bond Yields Hit 19-Year High of 5.23% Ahead of August 12 CPI Report
US 30-year Treasury yields hit 5.23% on August 12, 2026, the highest since 2007. Inflation fears and fiscal deficits are pushing long bonds higher as investors await CPI data.
Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI
Asian stocks climbed on August 12, 2026, as a fresh rally in chip shares pushed South Korea’s KOSPI sharply higher. Strong gains in major semiconductor companies lifted technology sentiment, while Nasdaq 100 futures rose about 0.4% before the latest US inflation data. Investors were watching closely to see whether the CPI report would support hopes…