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Iran Strikes Tanker in Strait of Hormuz as Shipping Costs Hit $1M Per Day
Iran struck a Togo-flagged tanker in the Strait of Hormuz on September 18. Shipping costs have surged to $1.035 million per day, the first time exceeding seven figures, as geopolitical risk drives up insurance premiums and freight rates.
Senate Democrat Blocks Data Center Bill; Trump Pushes Thune for Floor Vote
Senate Democrat Martin Heinrich blocked the Ratepayer Protection Act on Thursday, saying the bill doesn’t go far enough to force data centers to pay for grid upgrades. Trump is now pushing Senate Majority Leader Thune to bring it to a floor vote.
Trump Secures Greenland Security Deal With Denmark on September 19
Trump announces permanent U.S. control over Greenland’s security in deal with Denmark. Russia and China barred from bases. Agreement to be signed at UN General Assembly next week.
Singapore Luxury Property Auction Fails as Seized Assets Draw Tepid Bids
Seven luxury properties seized in Singapore’s S$3 billion money laundering case failed to sell at auction on September 17. Highest bid reached S$6.7 million but missed reserve price.
Raiders Beat Tigers 6-0 in Historic NRLW Finals Debut, September 18
Canberra Raiders defeat Wests Tigers 6-0 in historic first NRLW finals match. Raiders winger Isabella Waterman scored the only try in lowest-scoring women’s finals game.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
EA Sports FC 27 Early Access Launches September 18: What You Need to Know
EA Sports FC 27 early access starts September 18 for Ultimate Edition buyers. The new game includes The Grounds social mode and launches fully on September 25.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
North-South Corridor Delayed to 2029 as Singapore Faces Ground Challenges
North-South Corridor viaduct delayed to 2029, tunnel to 2031. LTA cites challenging ground conditions and fractured rock at Novena and Woodlands requiring more complex mining methods.