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STI Falls 1.2% on August 19 as Bank Stocks Slip; Meyka Rates Index Hold
Singapore’s STI index fell 1.2% on August 19 as DBS, OCBC, and UOB slipped. The three banks account for 57% of the index’s weight, raising concentration concerns despite a strong 24% year-to-date rally.
Stellantis Recalls 955,000 Vehicles Over Camera Software Flaw on August 19
Stellantis recalls 955,000 vehicles worldwide due to radio software preventing rearview camera display. Fix via over-the-air update starting September. No injuries reported.
14 Charged in Penn State Cocaine Trafficking Ring Tied to Fraternities
14 people, including Penn State students, face charges in a cocaine trafficking operation tied to Sigma Chi and Delta Upsilon fraternities. The ringleader was denied bail.
Ex-AFL Star Ricky Henderson Sues for $1.21M Over 2013 Broadcast Incident
Ex-AFL player Ricky Henderson sues the AFL and Fox Sports for $1.21 million over live broadcast of intimate footage from April 2013 match at The Gabba. Case filed in South Australian District Court.
Asian Stocks Slump as KOSPI Plunges 5.42%, SK Hynix Crashes 9.2% and Samsung Falls 7.6% in Chip Selloff
Asian stocks came under heavy selling pressure on August 19, 2026, as a sharp decline in technology shares spread across regional markets. South Korea’s KOSPI plunged more than 5%, dragged down by steep falls in SK Hynix and Samsung Electronics. The selloff followed weakness in US AI and semiconductor stocks. Rising bond yields and higher…
Toyota Sienta Gets Cheaper Entry Model at ¥2.146M With New Clear Beige Color
Toyota Sienta gets refreshed with new ¥2.146M entry model, Clear Beige color, and improved equipment. Full redesign expected around 2028 with new 1.5L hybrid system.
Shiprocket IPO Listing: Shares Debut at 35% Premium on NSE as ₹1,617.48 Crore Issue Delivers Strong Gains
Shiprocket IPO delivered a strong stock market debut on Wednesday, August 19, 2026, listing at ₹131 per share on the NSE. That marks a 35.05% premium over the IPO’s upper price band of ₹97. The ₹1,617.48 crore issue pushed Shiprocket’s market capitalization to ₹9,531 crore at listing. Strong investor demand throughout bidding translated directly into…
Meta Rejects Claims It Addicted Children to Facebook and Instagram as 29 US States Seek Billions
On August 18, 2026, Meta faced a major legal challenge as 29 US states accused the company of designing Facebook and Instagram to keep children hooked. The trial in Oakland, California, could lead to billions of dollars in penalties and force changes to how the platforms operate. Meta strongly denies the claims, saying its products…
Zaggle Prepaid (NSE: ZAGGLE) Shares Surge 15% to ₹190.94 as Vijay Kedia Firm Buys 1.48% Stake
Zaggle Prepaid Ocean Services shares surged as much as 17% intraday on Wednesday, August 19, 2026, before settling near the 15% mark around ₹190.94. The rally followed news that ace investor Vijay Kedia’s firm, Kedia Securities, bought a 1.48% stake in the fintech company. The stock had crashed to a record low just one day…