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UOB Wins S$76.1M Appeal Against Lippo Marina Collection on August 26
📅 in about 2 hours

UOB Wins S$76.1M Appeal Against Lippo Marina Collection on August 26

UOB’s damages award against Lippo Marina Collection jumped from S$17.7M to S$76.1M after appeal court ruled rental income should not reduce fraud losses from inflated housing loans.

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Armenia Pivots to EU Membership Bid, Defying Russian Pressure on August 25
📅 in 42 minutes

Armenia Pivots to EU Membership Bid, Defying Russian Pressure on August 25

Armenia’s PM Pashinyan announced the country will apply for EU membership in the near future, defying Russian pressure and economic sanctions. A referendum will follow after Brussels responds to the application.

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Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month
📅 3 hours ago

Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month

Global stablecoin card spending is projected to reach $50 billion annually by 2028, according to payments firm RedotPay. The forecast follows a record month, with stablecoin card spend crossing $1 billion for the first time in July 2026. Growth is running fastest across Latin America, Africa, and Asia-Pacific. July’s Record Month, By the Numbers Stablecoin-funded…

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Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
📅 4 hours ago

Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing

Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized.  The financing could position Lambda for an initial public…

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Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25
📅 6 hours ago

Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25

Victoria Police arrested five men and raided CFMEU Melbourne headquarters investigating secret commissions, fraud and drug trafficking. Two men charged; three released pending enquiries.

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Crypto Prices Today: Bitcoin Surges to $80,784, Solana Leads Market Rally With 35% Weekly Gain
📅 8 hours ago

Crypto Prices Today: Bitcoin Surges to $80,784, Solana Leads Market Rally With 35% Weekly Gain

Crypto prices are back in focus on August 25, 2026, after Bitcoin moved above the $80,000 mark. Bitcoin traded near $80,784, gaining almost 5% in 24 hours and more than 25% over the past week. The rally has also reached other major cryptocurrencies. Solana has gained more than 35% this week, putting it among the…

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Augmont Enterprises IPO Day 3: GMP Jumps to 41%, Signals Strong Listing Gains as Subscription Tops 15x
📅 8 hours ago

Augmont Enterprises IPO Day 3: GMP Jumps to 41%, Signals Strong Listing Gains as Subscription Tops 15x

Augmont Enterprises IPO entered its final bidding day on August 25, 2026, with investor demand remaining strong. The ₹825-crore issue was subscribed 15.12 times by 10:10 AM, while its grey market premium (GMP) stood at around ₹325. That pointed to a potential 41.24% listing gain. Non-institutional investors led the demand, and investors were now watching…

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Brooklyn Democrats Rule Change Blocked as Reformers Win Court Victory on August 25
📅 8 hours ago

Brooklyn Democrats Rule Change Blocked as Reformers Win Court Victory on August 25

Brooklyn Democratic Party chair Rodneyse Bichotte Hermelyn proposed expanding executive committee voting from 42 to over 68 members. Reformers and city officials oppose the move as an attempt to block newly elected district leaders from removing her.

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Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
📅 9 hours ago

Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up

China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…

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