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Octopus JoyYou Card Offers HK$800 Cash Rebate in August 26 Launch
Octopus JoyYou Card offers HK$800 cash rebate from August 28 to September 10. Seniors can earn HK$8 rebate per HK$100 spend at 130+ merchants. Government explores merging with Elder Card.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo
Sydney developer Bathla Group collapses into voluntary administration on August 25, leaving hundreds of buyers in limbo with 3,500 homes under construction halted. Rising costs and May budget changes blamed.
Cadeler (CADLR) H1 Revenue More Than Doubles to €408 Million as Net Profit Jumps 54%
Cadeler (NYSE: CDLR) reported a strong first half on August 25, 2026, with revenue more than doubling to €408 million and net profit rising 54% to €88 million. The offshore wind installation company attributed the increase to fleet expansion and a higher number of contracted days. With more vessels now in operation and its order…
KPMG Cuts 5% of Staff, 27 Partners After Audit Leaks Scandal on August 24
KPMG Australia cuts 5% of workforce (360 staff, 27 partners) and slashes partner pay 13% after audit leaks scandal reduces consulting revenue by 16.9% and blocks government contracts.
XRP vs RLUSD: Can Ripple’s Banking Expansion Drive Long-Term Token Demand?
XRP trades near $1.57 in late August 2026, after rallying from $1.00 in under two weeks. The move sits alongside rapid growth in RLUSD, Ripple’s own stablecoin. Investors now ask whether Ripple’s banking expansion actually pulls demand toward XRP, or toward RLUSD instead. XRP’s August Rally, By the Numbers XRP climbed from $1.00 to above…
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…
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.
Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
Massive Storm System Drenches Australia; Flooding Hits Victoria, NSW on August 24
A major low-pressure system is bringing heavy rain and storms across southeast Australia through Tuesday. Victoria and NSW face flooding risks as catchments remain saturated from recent rainfall.