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Australia Faces Record El Niño as BoM Warns of Severe Spring Drought Risk
Australia’s Bureau of Meteorology forecasts record-breaking El Niño through early 2027, with peak strength in late spring. Expect severe drought, heatwaves, and increased bushfire danger across southern and eastern Australia.
Egyptian TV Presenter Sarah Khalifa Sentenced to Death in Drug Trafficking Case
Egyptian TV presenter Sarah Khalifa, 39, sentenced to death by Cairo court for drug trafficking alongside 11 others. Court seized 750kg of narcotics. Verdict subject to appeal.
Cathay Pacific Marks 80 Years With Gold Passes and $100B Expansion
Cathay Pacific celebrates 80 years with HK$3,680 gold boarding passes, flight discounts up to USD 108, and HK$100 billion expansion. Founded in 1946, the airline is hiring 3,000 staff this year.
Tesla Stock Drops 6% After Cybercab Launch Disappoints Investors
Tesla shares dropped 5.9% after a closed Cybercab launch event disappointed investors. The NHTSA simultaneously opened a safety probe into the driverless taxi’s certification.
Hong Kong Silver Bonds Hit Record 478,000 Bids; Issuance Raised to HK$55B
Hong Kong’s silver bonds attract record 478,000 subscriptions worth HK$119.8B. Government raises issuance to HK$55B ceiling. Allotment results due September 11.
NTT DC REIT Joins FTSE Global Index on September 21, 2026
NTT DC REIT joins FTSE EPRA Nareit Global Developed Index from September 21. The inclusion is expected to enhance visibility among global institutional investors and broaden the REIT’s investor base.
Norway’s $2.3T Wealth Fund Cuts US Treasury Holdings by $75B
Norway’s $2.3 trillion sovereign wealth fund proposes cutting US Treasury holdings by $75 billion to diversify into riskier assets and boost returns amid rising US debt concerns.
US Trade Deficit Hits $88.6B in July as AI Chip Imports Surge
US trade deficit reached $88.6 billion in July 2026, up 24% from June. AI-driven demand for semiconductors and computers pushed imports to record highs while exports fell 2.1%.
Old Farmer’s Almanac Forecasts Mild Winter 2026-27 as Super El Niño Reshapes Snow Patterns
Old Farmer’s Almanac predicts mild 2026-27 winter with regional snow variations. Super El Niño to drive volatile weather, with above-normal snow in Northeast and Appalachians, below-normal in the South.