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US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
ICA Seizes 100+ Cartons of Duty-Unpaid Cigarettes at Woodlands Checkpoint
ICA officers seized over 100 cartons of duty-unpaid cigarettes from a Malaysian car at Woodlands Checkpoint on August 16. The 28-year-old driver was arrested and faces up to six years in jail and fines up to 40 times the duty evaded.
Qantas Accelerates A380 Retirement to 2028, Cuts Four Years From Phaseout Plan
Qantas will retire its Airbus A380 fleet from mid-2028, four years earlier than planned. The airline is replacing superjumbos with Boeing 787s and Airbus A321XLRs as part of a multibillion-dollar fleet overhaul.
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.
Take-Two Stock Rises 1.8% as GTA 6 Netflix Preview Draws 260M in Preorders
Take-Two shares jump 1.8% after GTA 6’s Netflix debut draws 260M in preorders and crashes servers. Game launches November 19 for PS5 and Xbox Series X/S.
Malaysia’s Ex-HR Minister Charged With RM1.1M Bribery Over Foreign Worker Quotas
Former Malaysian HR minister M Saravanan charged with RM1.097 million in bribes for approving 1,000 foreign worker quotas. He pleaded not guilty on August 28 and was granted RM450,000 bail.
Take-Two Stock Rises 1.4% as GTA 6 Trailer Crashes Netflix on August 28
Take-Two Interactive stock climbs 1.4% after Rockstar’s GTA 6 extended look trailer crashes Netflix. The game launches November 19 on PS5 and Xbox Series X|S.
King Harald V of Norway Dies at 89 After 35 Years on Throne
King Harald V of Norway, Europe’s oldest reigning monarch, dies at 89 after 35 years on the throne. His son Haakon VIII succeeds him amid family controversies.
Samsung Galaxy S26 FE Launches With Exynos 2500, $50 Price Hike on August 27
Samsung Galaxy S26 FE launches at $699.99 with Exynos 2500 chipset, One UI 9, and enhanced camera features. Price rises $50 from S25 FE as RAM supply crisis impacts tech costs.