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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…
Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…
Ardee Industries IPO Listing Today: 27% GMP Signals Strong Debut After Issue Subscribed 133.66 Times
Ardee Industries made a strong stock-market debut on 12 August 2026 after its ₹425.87 crore IPO attracted heavy investor demand. The issue was subscribed 133.66 times, while the grey market premium (GMP) had pointed to a possible 27% listing gain before trading began. The shares eventually opened well above the ₹53 issue price, giving investors…
Trump’s New Birthright Citizenship Order Faces Court Challenge on August 11
Trump signs new executive orders to restrict birthright citizenship on August 6. ACLU and civil rights groups file lawsuit August 11 to block the orders, citing Supreme Court’s June ruling.
Fly540 Liquidated: Kenya’s Low-Cost Airline Collapses After 20 Years
Fly540, Kenya’s low-cost airline, placed under receivership by Chase Bank and faces liquidation. The airline has been grounded since 2022 after years of debt and operational struggles.
Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
FTSE 100 Today: UK Stocks Fall as U.S.-Iran Tensions and Weak Retail Data Weigh, Gold Drops 0.57%
The FTSE 100 came under pressure on Tuesday, August 11, 2026, as renewed U.S.-Iran tensions pushed oil prices higher and added to inflation concerns. Brent crude moved towards $90 a barrel as uncertainty around the Strait of Hormuz increased. At the same time, weaker UK retail sales raised concerns about consumer demand. Gold also slipped…
Woolworths Ooshies Banned at Schools Across Australia and New Zealand on August 11
Woolworths Ooshies banned at Somerset College and Bellevue Park State School in Queensland due to distractions, theft, and student conflicts. The promotion runs until August 23.