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Nikita Tszyu Faces Mahoney in IBF Title Eliminator on August 26
Nikita Tszyu (12-0) fights Ben Mahoney (17-0-1) on August 26 in an IBF super welterweight title eliminator on the Gold Coast. Winner gets a shot at IBF champion Josh Kelly.
Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo on August 25
Bathla Group, a major Sydney developer, has entered voluntary administration with 3,500 homes under construction left in limbo. Teneo appointed as administrator. Buyers and contractors face uncertainty.
Australia’s Capital Gains Tax Overhaul Hits Shares and Property on July 1, 2027
Australia’s new CGT rules from July 2027 replace the 50% discount with a 30% base rate and inflation adjustment. Share sales, property renovations, and super funds face higher taxes.
Sony Stock Faces Pressure as PlayStation Blackout Protest Enters Day 3
Sony faces a PlayStation Blackout protest from August 23-30 as gamers boycott over the company’s plan to end physical disc production by January 2028. Digital sales already dominate PlayStation revenue.
Tokio Marine Stock Split 15-for-1 on October 1, Dividend Hiked
Tokio Marine Holdings executes 15-for-1 stock split on October 1, 2026, lowers share price to around ¥494, and introduces shareholder benefits program. Dividend adjusted proportionally.
Armenia Pivots to EU Membership Bid, Defying Russian Pressure on August 25
Armenia’s PM Pashinyan announced the country will apply for EU membership in the near future, defying Russian pressure and economic sanctions. A referendum will follow after Brussels responds to the application.
Ticketmaster Cancels Scalped Tickets to Olivia Rodrigo Tour, Releases at Face Value
Ticketmaster cancels scalped tickets to Olivia Rodrigo’s The Unraveled Tour and rereleases them at face value. Fans can request recovered tickets through August 28, with Silver Star tickets available from September 1.
JPMorgan Eases Share Lending Rules to Court AI Wealth, August 25
JPMorgan Chase loosens lending policy on share holdings for SpaceX and Anthropic employees, signaling a strategic shift to capture AI-driven wealth management opportunities.