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Duke Energy Restores Power to Thousands as 115,000 Remain Without Electricity After Ohio Storms
Duke Energy crews work to restore power after severe storms left over 115,000 customers without electricity across Ohio, Kentucky, and Indiana. More storms possible August 13.
Bali Ferry Fire Kills One, 172 Rescued in Lombok Strait on August 12
One dead and 172 rescued after the KM Putri Yasmin ferry caught fire in the Lombok Strait on August 12. Two Australian tourists among survivors. Second ferry disaster in Indonesia this month.
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…
Bata India Shares Rally 9% to ₹759.75 as Q1 Profit Jumps 23% to ₹64 Crore
Bata India shares rallied nearly 9% on Wednesday, touching an intraday high of ₹759.75 on the NSE. The move came after the footwear maker posted a strong set of numbers for the June 2026 quarter. Consolidated net profit rose 23% year-on-year to ₹63.98 crore, up from ₹51.7 crore in Q1 FY26. The rally pushed the…
Gold Hits $4,400 as JPMorgan Targets $5,000 by Year-End
Gold rallies to 10-week high near $4,400 as JPMorgan forecasts $5,000 by Q4 2026. The bank cites central bank demand and economic shifts as catalysts for further gains.
Safeway Closes 3 More Stores in 2026 as Albertsons Cuts Underperforming Locations
Safeway closes stores in California, Oregon, and Washington D.C. in 2026. Albertsons cites expiring leases and underperformance as reasons for the restructuring amid failed Kroger merger.
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…