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Moderna Tumbles 23.5% After 177% Surge on Cancer Vaccine Win, August 21
Moderna stock fell 23.5% to $133.32 on August 21 after surging 177% the prior day on its cancer vaccine breakthrough with Merck. RSI hit record 92.21, signaling extreme overbought conditions.
Japan Ends 45-Hour Overtime Cap in September, Allowing Up to 100 Hours Monthly
Japan ends blanket 45-hour overtime guidance in September, allowing companies with special clauses to permit up to 100 hours monthly. Labor inspectors will focus on worker health protections instead.
Bitcoin Surges Past $71,000 as Trump Backs Crypto Clarity Act, August 21
Bitcoin surged past $71,000 on August 20 as falling US Treasury yields and Trump’s crypto meeting sparked a $2.7 billion short squeeze. The rally marks the coin’s highest level since early June.
Japan’s Whistleblowers Face Retaliation: New Law Tightens Protections in December
Japan’s amended Whistleblower Protection Act, effective December 2026, shifts burden of proof to employers and adds criminal penalties. But gaps remain for harassment and demotion cases.
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.
Jennifer Hegseth’s Pentagon Role Sparks Controversy on August 20
Jennifer Hegseth, Defense Secretary Pete Hegseth’s wife, has become his most influential Pentagon adviser, attending sensitive meetings and helping shape press policies. Former Pentagon officials call her role unprecedented and concerning.
JD Sports Stock Plunges 10.98% as Retailer Cuts Profit Outlook on Weak Sales
JD Sports stock plunged 10.98% on August 20, 2026, after the sportswear retailer lowered its full-year profit outlook following weaker second-quarter sales. Group like-for-like sales fell 3.1%, while North American sales dropped 6.8%, adding pressure to the company’s growth plans. JD Sports now expects adjusted pre-tax profit of £700 million to £800 million, below its…
UK Stock Market Today: FTSE 100 Falls 0.27% to 10,714.38, Eyes 10,750 Open as Oil Stays Above $91
The UK stock market slipped Thursday, with the FTSE 100 trading around 10,713 points, down roughly 0.3% from Wednesday’s close of 10,743.35. The decline snapped a brief rebound after Wednesday’s 0.14% gain ended a six-session losing streak. Brent crude held above $91 a barrel, adding pressure on rate-sensitive sectors. JD Sports Fashion led individual losses…
Hays Stock Rises 0.52% as Recruiter Cuts Dividend 65% Amid Hiring Slump
Hays stock edged up 0.52% on August 20, 2026, after the recruitment giant posted FY26 results. The company cut its total annual dividend by 65%, from 1.24 pence to 0.44 pence per share. Net fees fell as hiring activity stayed weak across Hays’ key markets. Investors focused on cost cuts and stabilizing margins rather than…