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SATS Slides 13.6% After Q1 Profit Growth Slows on Margin Squeeze
SATS stock drops 13.6% to S$4.12 after Q1 earnings disappoint. Net profit rose 6% to S$75.1M but margin compression from geopolitical tensions weighs on investor sentiment.
South Korea Proposes Formal End to Korean War After 73 Years
South Korea’s President Lee Jae Myung proposes formal talks to end the Korean War, replacing the 1953 armistice with a peace treaty. Comes amid Trump’s order to cut joint military exercises.
Great Western Highway Reopens Q2 2027 After $200M Federal-State Funding Boost
Federal and NSW governments commit $200 million to rebuild Great Western Highway at Victoria Pass, with reopening targeted for Q2 2027 and a new overtaking lane to follow.
Japan’s Defense Minister Visits Australia and India for Missile Testing Talks, August 19
Japan’s Defense Minister Shinjiro Koizumi visits Australia and India to agree on SDF missile testing on Australian ranges and discuss Mogami-class frigate exports, strengthening Indo-Pacific defense ties.
DayOne Secures S$530M Green Loan for Singapore’s First Hydrogen Data Centre
DayOne secures S$530 million green loan from DBS, OCBC, and UOB for Singapore’s first hydrogen-powered data centre. The 20MW facility will test solid oxide fuel cell technology and achieve BCA Green Mark Platinum certification.
Trump Threatens Oman, Iran War Deal Expires August 19
Trump’s 60-day Iran deal expires without progress. He threatens to bomb Oman and claims the Strait of Hormuz as U.S. territory as oil prices surge and shipping halts.
LG Electronics, Nvidia Expand Robotics Alliance as Seoul Data Factory Targets 100,000 Hours of AI Training Data
LG Electronics is deepening its robotics partnership with Nvidia at a new data factory in Seoul. Senior executives from both companies met Tuesday, August 18, 2026, at LG’s Yangjae R&D Campus. The facility aims to collect 100,000 hours of robot training data by year-end. That volume equals roughly 12 years of continuous data generation. The…
Four Pork Industry Figures Charged in $10M Cash Smuggling Scheme, August 18
Four pork industry figures charged with fraud and money laundering in Operation Ragamuffin. Police seized $3M cash and allege $10M in hidden sales and $30M in transported funds.
Mystery “Aobazaka46” Teaser Sparks Speculation on August 18 Reveal
Mystery teaser “Aobazaka46” airs with August 18 reveal date. Logo blends colors of Nogizaka46, Sakurazaka46, and Hinatazaka46. Fans debate new group versus joint project.