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Japan Tightens Visa Rules, Forcing Chinese Wealthy to Sell Tokyo Apartments
Japan’s stricter business visa rules have cut Chinese applications 96%, forcing wealthy residents to sell Tokyo luxury apartments within 30 days or face deportation. High-end condo sales in central Tokyo have dropped 60% year-over-year.
Japan Tightens Visa Rules, Forcing Chinese Wealthy to Sell Tokyo Apartments by August 21
Japan’s strict new business visa rules cut Chinese applicants 96%, forcing wealthy residents to sell Tokyo luxury apartments within 30 days or leave. Central Tokyo high-end sales down 60% in 2026.
Trump Threatens ‘Economic D-Day’ Against Iran as War Enters New Phase on August 21
Trump vows ‘economic D-Day’ against Iran with unprecedented sanctions. Treasury Secretary Bessent promises details August 24. Oil rises to $94 as global allies face pressure to join blockade.
5.3 Million Australians Get Centrelink Boost From September 20
More than 5.3 million Australians will receive higher Centrelink payments from September 20, 2026, including pension, JobSeeker, and Youth Allowance increases. Deeming rates also rise.
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison, Stock Plunges August 21
Evergrande founder Hui Ka Yan sentenced to life in prison for fraud. Shenzhen court fines Evergrande 15.82 billion yuan. Stock 3333.HK down 99% from peak as property crisis deepens.
Evergrande Founder Hui Sentenced to Life, Fined $2.4B on August 20
Evergrande founder Hui Ka Yan sentenced to life in prison and fined $2.4 billion total for fraud and bribery. Court confiscated all personal property. Hui once had $42.5 billion net worth.
Moderna Tumbles 23.5% After 177% Surge on Cancer Vaccine Win, August 21
Moderna stock fell 23.5% to $133.32 on August 21 after surging 177% the prior day on its cancer vaccine breakthrough with Merck. RSI hit record 92.21, signaling extreme overbought conditions.
Gunma High School Teacher Dismissed for Contaminating Student’s Water Bottle
Gunma Prefecture dismisses high school teacher for putting urine in student’s water bottle. Victim suffered psychological distress and missed school. Teacher confessed after one month.
JD Sports Stock Plunges 10.98% as Retailer Cuts Profit Outlook on Weak Sales
JD Sports stock plunged 10.98% on August 20, 2026, after the sportswear retailer lowered its full-year profit outlook following weaker second-quarter sales. Group like-for-like sales fell 3.1%, while North American sales dropped 6.8%, adding pressure to the company’s growth plans. JD Sports now expects adjusted pre-tax profit of £700 million to £800 million, below its…