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Hong Kong’s First Chief Executive Tung Chee-hwa Dies at 89
Tung Chee-hwa, Hong Kong’s first chief executive who steered the city through the 1997 handover and the Asian financial crisis, has died at 89. He served from 1997 to 2005.
LIV Golf Files for Bankruptcy; Cameron Smith Among Players Owed Millions
LIV Golf files for bankruptcy after losing Saudi funding. Cameron Smith and other players are now free to leave and pursue millions in unpaid fees through the court process.
NBA Strips Clippers of 5 Draft Picks, Fines Ballmer $30M Over Kawhi Scheme
NBA penalizes LA Clippers with five first-round draft picks, $30M fine, and one-year suspension of owner Steve Ballmer for salary cap circumvention involving Kawhi Leonard.
NBA Strips Clippers of Five Draft Picks, Fines $30M Over Kawhi Leonard Scandal
NBA penalizes LA Clippers $30 million and strips five first-round picks for salary cap violations involving Kawhi Leonard. Owner Steve Ballmer suspended one year.
Braith Anasta Quits Player Agent Role as NRL Cracks Down on Media Conflicts
Braith Anasta steps down as a player agent to focus on Fox League hosting after the NRL introduces stricter conflict of interest rules for media personalities.
Square Enix Stock Falls 6% After Denying Privatization Rumors on September 2
Square Enix Holdings (9684.T) denies privatization rumors after stock jumped 7%. Company states it is not considering going private. Stock falls 6% on September 2 after denial.
Indiana Ends Ambulance Diversion Policy Starting September 1, 2026
Indiana hospitals can no longer divert ambulances due to overcrowding starting September 1, 2026. The state joins Massachusetts and Rhode Island in ending the 25-year practice that delayed critical care.
Two Singapore Wealth Gurus Declared Bankrupt; S$5M Investor Funds at Risk
Lim Jian Bin and Jason Fong Wai Hong, who promised guaranteed 15% returns, declared bankrupt in July and April 2026. Over 50 investors have S$5 million tied up in their schemes. Police investigating.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.