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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.
Bali Ferry Fire Kills One, 172 Rescued in Lombok Strait on August 12
One dead and 172 rescued after the KM Putri Yasmin ferry caught fire in the Lombok Strait on August 12. Two Australian tourists among survivors. Second ferry disaster in Indonesia this month.
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…
Tokyo Metro Hanzomon Line Resumes After Asbestos Found at Station on August 9
Tokyo Metro suspended the Hanzomon Line after asbestos-containing fabric fell from ventilation equipment at Hanzomon Station. Service resumed after cleanup and environmental testing confirmed safety.
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…
Gold Hits $4,400 as JPMorgan Targets $5,000 by Year-End
Gold rallies to 10-week high near $4,400 as JPMorgan forecasts $5,000 by Q4 2026. The bank cites central bank demand and economic shifts as catalysts for further gains.
Safeway Closes 3 More Stores in 2026 as Albertsons Cuts Underperforming Locations
Safeway closes stores in California, Oregon, and Washington D.C. in 2026. Albertsons cites expiring leases and underperformance as reasons for the restructuring amid failed Kroger merger.
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…
Australia Sets $31.30 Minimum Wage for Delivery Drivers From August 17
Australia’s Fair Work Commission sets $31.30 minimum hourly wage for delivery drivers from August 17, 2026, with mandatory personal accident insurance and paid waiting time.