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Indonesia Launches Credit Card to Challenge Visa and Mastercard on August 19
Bank Indonesia launches Indonesian Credit Card for consumers and businesses, challenging Visa and Mastercard’s market control. Eight local banks now issue the card on the QRIS payment network.
CBA Shifts 9M Customers to Virgin as Qantas Loyalty Points Lose Value
CBA’s new Yello rewards program favours Virgin over Qantas. More than 9 million customers can now earn points on mortgages and savings, effective October 1, 2026.
CBA Shifts 9M Customers to Virgin Rewards as Qantas Points Lose Value
Commonwealth Bank relaunches loyalty program with Yello points on October 1, favoring Virgin Velocity over Qantas. 9 million customers now earn points on home loans, savings, and insurance alongside credit cards.
71-Year-Old Pensioner Loses $9,300 Life Savings in Caravan Scam on August 19
71-year-old Sue lost $9,300 to a fake caravan dealer website. Victoria Police is investigating the fraud, which used a hijacked ABN. Experts warn of increasingly sophisticated online scams targeting retirees.
DayOne Secures S$530M Green Loan for Singapore’s First Hydrogen Data Centre
DayOne secures S$530 million green loan from DBS, OCBC, and UOB for Singapore’s first hydrogen-powered data centre. The 20MW facility will test solid oxide fuel cell technology and achieve BCA Green Mark Platinum certification.
Global Bond Yields Hit 30-Year Highs on August 19 as Oil Soars Past $91
Global bond yields surge to 30-year highs as Middle East tensions spike oil to $91/barrel and stall U.S.-Iran peace talks. Japan’s 10-year yield hits highest level since 1996.
CSL Shares Jump 17% After FY26 Reset; Meyka Grades Stock B on August 19
CSL shares jumped 17% after reporting a AUD 10 billion write-down on Vifor but signaling recovery. FY2027 revenue expected flat, underlying earnings to grow 5%. Meyka grades CSL a B.
Royal Navy Port Security Exposed: Ex-Defence Minister Flies Over Carriers Unchallenged
Ex-defence minister Tobias Ellwood flew over UK aircraft carriers in Portsmouth unchallenged, exposing gaps in Royal Navy port security and air defence capabilities amid growing drone threats.
Canada’s Fuel Excise Tax Set to Return Sept. 7; Poilievre Pushes Extension to 2027
Poilievre urges Carney to extend Canada’s fuel excise tax pause until Canada Day 2027. The 10-cent-per-litre break expires Sept. 7. Gas prices up 25.7% year-over-year.