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Lego Profit Surges 32% as ‘Stronger Than Expected’ First Half Sets Up Double-Digit 2026 Growth
Lego posted a 32% jump in first-half net profit on Tuesday, August 25, 2026. The Danish toymaker reported 8.6 billion Danish kroner ($1.34 billion) in profit. CEO Niels Christiansen called results “stronger than expected across the board.” First-Half Results by the Numbers Lego generated record first-half revenue of 41.9 billion Danish kroner ($6.54 billion), up…
Hindustan Copper Share Price Drops 7%: Analyst Reveals Target and Buying Opportunity
Hindustan Copper shares dropped 7% on Tuesday, August 25, 2026, touching an early low of ₹534.20. The stock fell from Monday’s close of ₹574.15 after the government launched a stake sale via an Offer for Sale. Shares later recovered some losses, trading around ₹545.40, down roughly 5% during the session. The OFS floor price of…
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…
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…
Australia’s Big Banks Hike Credit Card Fees Before October 1 Surcharge Ban
Commonwealth Bank, Westpac, and NAB are raising credit card fees and cutting rewards as Australia’s surcharge ban looms on October 1, 2026. Banks aim to offset A$600 million in lost revenue.
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.
Samsung (KRX: 005930) Slumps 8.8% as $80 Billion Shareholder Return Plan Underwhelms Markets
Samsung Electronics shares fell as much as 9.4% to 255,000 won on Monday, August 24, 2026. The stock later settled around an 8.8% decline, making Samsung the biggest weight on the KOSPI index. The selloff followed Friday’s announcement of a 90 trillion to 110 trillion won ($65 billion to $80 billion) shareholder return plan. Investors…
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
MCX Gold Price Today: Gold Rises 0.52% to ₹1,63,230 as Crude Drops; Silver Slips to ₹2,45,230
On August 24, 2026, MCX gold price rose 0.52% to ₹1,63,230 per 10 grams, extending its recent rally as a weaker US dollar supported bullion demand. Gold has now gained for four straight MCX sessions, while silver moved lower after its recent winning streak. Crude oil prices also eased as traders booked profits ahead of…