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STI Falls 1.2% on August 19 as Bank Stocks Slip; Meyka Rates Index Hold
Singapore’s STI index fell 1.2% on August 19 as DBS, OCBC, and UOB slipped. The three banks account for 57% of the index’s weight, raising concentration concerns despite a strong 24% year-to-date rally.
Asian Stocks Slump as KOSPI Plunges 5.42%, SK Hynix Crashes 9.2% and Samsung Falls 7.6% in Chip Selloff
Asian stocks came under heavy selling pressure on August 19, 2026, as a sharp decline in technology shares spread across regional markets. South Korea’s KOSPI plunged more than 5%, dragged down by steep falls in SK Hynix and Samsung Electronics. The selloff followed weakness in US AI and semiconductor stocks. Rising bond yields and higher…
Zaggle Prepaid (NSE: ZAGGLE) Shares Surge 15% to ₹190.94 as Vijay Kedia Firm Buys 1.48% Stake
Zaggle Prepaid Ocean Services shares surged as much as 17% intraday on Wednesday, August 19, 2026, before settling near the 15% mark around ₹190.94. The rally followed news that ace investor Vijay Kedia’s firm, Kedia Securities, bought a 1.48% stake in the fintech company. The stock had crashed to a record low just one day…
SpaceX Hits 100 Launches in 2026 as Falcon 9 Sends 24 Starlink Satellites Into Orbit
SpaceX reached its 100th launch of 2026 on August 18, sending another batch of Starlink satellites into orbit aboard a Falcon 9 rocket. This marks the third consecutive year SpaceX has hit the century mark for annual launches. The vast majority of 2026’s missions have carried Starlink satellites, reinforcing the company’s dominant position in commercial…
Horizon Industrial Parks IPO Day 3: ₹2,600 Crore Issue Subscribed 0.24x, GMP Signals Just 2% Listing Gain
Horizon Industrial Parks IPO has reached its final subscription day on August 19, 2026. The ₹2,600 crore issue has seen a cautious response so far. By the end of Day 2, the IPO was subscribed 0.24 times. The latest grey market premium (GMP) of ₹1 suggests an estimated 1.67% listing gain at the upper price…
Harland & Wolff’s Samson and Goliath Cranes Set for £3.1 Million Overhaul as Belfast Shipyard Modernises
Harland & Wolff’s Samson and Goliath cranes are set for a £3.1 million overhaul, owner Navantia UK confirmed this week. The iconic yellow gantry cranes have towered over Belfast’s skyline for more than five decades. Work has already begun on Goliath, the older of the pair, with Samson to follow once that refurbishment finishes. The…
Nvidia (NASDAQ: NVDA) H200 AI Chips Reach China as ByteDance, Tencent Receive About 10,000 Units Each
Nvidia’s H200 AI chips are now reaching China in small batches. On August 19, 2026, reports said ByteDance and Tencent had each received about 10,000 H200 processors in recent weeks. The shipments come as US export rules and China’s push for local chips continue to shape Nvidia’s business. The move could affect Nvidia (NASDAQ: NVDA)…
Trump Pauses 50% Tariffs on Canadian Goods for Three Days as U.S.-Canada Trade Deal Nears
President Donald Trump paused threatened 50% tariffs on Canadian goods late Tuesday, hours before they were set to take effect. The tariffs would have covered roughly $20 billion in Canadian imports. Trump cited progress toward finalizing a broader trade deal with Canada. The postponement runs through the end of the day on August 21, 2026,…
Indonesia Launches Credit Card to Challenge Visa and Mastercard on August 19
Bank Indonesia launches Indonesian Credit Card for consumers and businesses, challenging Visa and Mastercard’s market control. Eight local banks now issue the card on the QRIS payment network.