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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…
Nintendo Switch 2 Heads to Indonesia in December as Nintendo (7974.T) Makes Official Market Entry
Nintendo Switch 2 will officially launch in Indonesia this December, the company confirmed on August 11. The announcement, made in Jakarta by Nintendo executive Juro Takeuchi, marks the first time Nintendo has sold hardware there directly. Both the Nintendo Switch and Switch 2 will hit shelves through a new local partner. The move ends years…
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.
ATO Alleges Adgemis Companies Claimed $1B in Fake Expenses, Pocketed $78M in GST Refunds
ATO alleges Adgemis-linked JAGA Group Constructions claimed $1.05 billion in fake expenses and received $78 million in GST refunds. His CFO has accused him of knowingly using dodgy tax claims.
Samsung (005930.KS), SK Hynix Shares Surge Over 8% on Report Temasek Plans Investment in Korean Chipmakers
Samsung Electronics and SK Hynix shares jumped more than 8% each on Wednesday, August 12, 2026, after local media reported that Singapore’s Temasek Holdings plans direct investments in both memory chipmakers. The report sent South Korea’s benchmark KOSPI index up as much as 5.1%, touching an intraday high of 6,590 points. Samsung trades under ticker…
Former US Marine Robert Gilman Released From Russian Prison After 4 Years
Former US Marine Robert Gilman released from Russian prison after 4 years on disputed charges. Trump said release was humanitarian basis with no exchange. Gilman headed to Texas military hospital.
Havelock Palace Apologizes for Cooking Foraged Changi Beach Seafood
Havelock Palace apologizes for cooking foraged Changi Beach seafood after viral video sparked backlash. Restaurant tightens sourcing controls and food safety procedures.
SBI Locker Theft: Woman Loses ₹50 Lakh Jewels, RBI Pays Only 100x Rent
SBI locker theft in Kanpur exposes gap between valuables lost and RBI compensation. Bank liable for only 100x annual rent, not full value. Here’s what RBI rules say.
ATO Alleges Adgemis Companies Claimed $1B in Fake Expenses, Pocketed $78M in GST Refunds
ATO alleges Jon Adgemis’ JAGA Group Constructions claimed $1.05 billion in fake expenses and received $78 million in GST refunds between March 2021 and July 2024 during Federal Court examination.