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Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
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.
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.
Tech Layoffs 2026: Apple, Netflix, TikTok and LinkedIn Slash Jobs as Industry Cuts Accelerate
Tech layoffs in 2026 have already surpassed all of 2025, with 127,180 jobs cut across 281 companies. Apple, Netflix, TikTok, and LinkedIn all announced fresh cuts this month. Apple laid off around 200 employees from its Siri, Vision Pro, and gaming teams. TikTok cut 75 more jobs in the Seattle area after slashing 250 positions…
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…
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…
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…
Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.