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Former DBS Chief Gupta Urges Singapore to Take Bigger Risks in Finance
Former DBS CEO Piyush Gupta warns Singapore’s financial sector must resist risk aversion and embrace innovation to stay competitive. He praised recent bold moves like EQDP and suggested exploring SGD-backed stablecoins.
Man, 37, Dies in Police Custody After Clayton Station Confrontation, August 18
A 37-year-old man died in police custody at Clayton railway station in Melbourne after armed confrontation on Sunday. Homicide Squad investigating under Professional Standards Command oversight.
SK Hynix Becomes Kioxia’s De Facto Top Shareholder as Toshiba Exits
SK Hynix becomes Kioxia’s de facto top shareholder as Toshiba reduces its stake to 14.06% through seven stock sales. The Korean chipmaker holds convertible bonds that could grant it voting control.
Deutsche Telekom (ETR: DTE) Acquires Fiberhost and Inea for €1 Billion, Adding 300,000 Customers in Poland
Deutsche Telekom confirmed Monday, August 17, 2026, that it will acquire Poland’s Fiberhost and Inea for €1 billion. The deal, worth roughly $1.16 billion, transforms T-Mobile Polska into a fully converged telecom provider. Deutsche Telekom is buying both companies from Macquarie Asset Management. The transaction still requires customary Polish competition approval before closing. Deutsche Telekom’s…
Alibaba (NYSE: BABA) to Sell Lingxi Games to Trustar Capital in Deal Worth Over $2 Billion
Alibaba Group Holding Limited agreed on August 17, 2026, to sell its gaming arm, Lingxi Games, to Trustar Capital. The deal values the gaming unit at above $2 billion. Alibaba shares rose 1.25% to trade near $84.50 following the announcement. This transaction aligns with the tech giant’s strategy to shed non-core assets and focus on…
Boeing 787 Tailstrike at Munich Raises Safety Questions for Dreamliner Fleet
Vietnam Airlines Boeing 787-9 suffered a tailstrike and runway overrun at Munich Airport on August 15. The aircraft dumped fuel and returned safely with 287 aboard. Investigation underway.
Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….
SpaceX Stock Falls Below IPO Price as Valuation Concerns Mount
SpaceX stock trades below IPO price with a 41x price-to-sales ratio. Revenue hit $7.8B, up 92%, but capital spending soared to $18.7B. Meyka grades SPCX a B with a $38.82 yearly forecast.
Stock Dividends: RVNL, Bandhan Bank, Mazagon Dock, Manappuram Finance in Focus This Week
Indian dividend stocks have several corporate actions lined up from August 17 to August 21, 2026. Bandhan Bank, Manappuram Finance, RVNL, and Mazagon Dock Shipbuilders are among the names investors are watching. Bandhan Bank and Manappuram Finance are scheduled to turn ex-dividend on August 17, followed by RVNL on August 18 and Mazagon Dock on…