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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.
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…
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
UK Shares Missile Blueprints With Ukraine; Russia Threatens Escalation
UK PM Burnham declassifies Storm Shadow missile blueprints for Ukraine on independence day. Russia threatens escalation, accusing Britain of fueling the conflict.
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…
Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…
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…
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…
Sonova (SIX: SOON) Launches Phonak EON AI Hearing Platform to Drive Growth Targets
Sonova launched Phonak EON on August 24, introducing its third real-time AI hearing platform. The Swiss hearing-care company designed EON to improve speech understanding and reduce listening effort. The launch strengthens Phonak’s premium hearing-aid portfolio during an important growth phase. Sonova said EON combines proprietary AI with improved design and connectivity. Phonak EON Adds Smaller…