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Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
📅 23 minutes ago

Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone

Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.

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Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
📅 3 hours ago

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…

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Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
📅 3 hours ago

Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion

Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus.  Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…

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Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI
📅 4 hours ago

Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI

Asian stocks climbed on August 12, 2026, as a fresh rally in chip shares pushed South Korea’s KOSPI sharply higher. Strong gains in major semiconductor companies lifted technology sentiment, while Nasdaq 100 futures rose about 0.4% before the latest US inflation data. Investors were watching closely to see whether the CPI report would support hopes…

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Nintendo Switch 2 Heads to Indonesia in December as Nintendo (7974.T) Makes Official Market Entry
📅 4 hours ago

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…

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US 30-Year Bond Yield Hits 5.28%, Highest Since 2007, as Inflation Fears Mount
📅 4 hours ago

US 30-Year Bond Yield Hits 5.28%, Highest Since 2007, as Inflation Fears Mount

US 30-year Treasury yield hits 5.28%, highest since 2007. Inflation fears, Middle East tensions, and Fed credibility doubts drive long-end surge. Australia’s 10-year yield approaches 5%.

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FTSE 100 Live: Index Falls 7.39 Points to 10,836.80 as Investors Await US CPI, Brent Near $89.51
📅 4 hours ago

FTSE 100 Live: Index Falls 7.39 Points to 10,836.80 as Investors Await US CPI, Brent Near $89.51

The FTSE 100 fell 7.39 points to 10,836.80 on Wednesday, August 12, as investors remained cautious before a closely watched US inflation reading. The July US CPI report was due later in the day, with economists expecting annual inflation to ease to 3.4% from 3.5% in June. Meanwhile, Brent crude stayed close to $90 a…

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Over-65 Savings Interest Tax: Millions Face a Stealth Tax Raid on Retirement Savings
📅 5 hours ago

Over-65 Savings Interest Tax: Millions Face a Stealth Tax Raid on Retirement Savings

For UK savers aged 65 and over, higher interest income is creating an unexpected tax squeeze. More than 2.1 million pensioners are forecast to pay tax on savings interest in 2026/27, compared with 517,000 in 2022/23. The Personal Savings Allowance has not increased alongside higher returns on cash deposits. As a result, retirees who depend…

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Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
📅 7 hours ago

Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%

Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…

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