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Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…
Energy Sector Stocks Rise as Crude Oil Falls to $85: BPCL, Indian Oil, IndiGo in Focus
Energy sector stocks stayed in sharp focus Wednesday, August 26, 2026, as crude oil eased toward $86 a barrel. Brent crude fell 2.6% to $86.20, extending losses into a third straight session. Iran and Oman discussed establishing a temporary joint maritime corridor in the Strait of Hormuz to ease supply concerns. BPCL, Indian Oil, and…
Trump Proposes $103,265 H-1B Visa Fee, Up From $3,000 on August 25
Trump administration proposes $103,265 H-1B visa fee to recover immigration system costs and encourage hiring of American workers. Public comment period opens for 30 days.
American Airlines Flight 2398 Laptop Fire Injures Passengers on August 21
American Airlines Flight 2398 experienced a laptop battery fire on August 21, injuring passengers. The FAA has recorded 58 lithium battery incidents this year, raising safety concerns for airlines.
Five Arrested as Police Raid CFMEU Melbourne Headquarters on August 25
Victoria Police arrested five men and raided CFMEU Melbourne headquarters investigating secret commissions, fraud and drug trafficking. Two men charged; three released pending enquiries.
Gold Price Today: MCX Gold Slips to ₹1,63,044 as Dollar, Bond Yields Rise Ahead of Jackson Hole
Gold price on MCX slipped slightly to near ₹1,63,044 per 10 grams on August 25, 2026, pulling back from Monday’s ₹1,63,970 close. The dip came as the dollar firmed and investors turned cautious ahead of Fed Chair Kevin Warsh’s Jackson Hole speech. Despite today’s pullback, gold remains near a three-month high after surging 5.7% between…
FTSE 100 Today: UK Stocks Dip as Iran Sanctions ‘Economic D-Day’ and Asian Tech Rout Cloud Markets
On August 24, 2026, the FTSE 100 today came under pressure as investors weighed tougher US sanctions on Iran alongside a sharp selloff in Asian technology stocks. The index initially slipped as markets waited for details of Washington’s measures. South Korea’s KOSPI fell 3.12%, while Hong Kong’s Hang Seng dropped about 2%. Oil prices also…
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Singapore Plans Massive Western Island Merger by 2050s for Industry and Power
Singapore plans to merge western islands including Semakau, Bukom, and Sudong into one larger island for advanced manufacturing, power infrastructure, and defence. PM Wong announced the long-term project at NDR 2026 on August 23.