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Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.
Hong Kong Court Convicts Tiananmen Vigil Organizers on August 21
Hong Kong court convicts Lee Cheuk-yan and Chow Hang-tung of inciting subversion for organizing Tiananmen vigils. Both face up to 10 years in prison. Sentencing delayed to next week.
Origin Energy Data Breach Exposes 900,000 Australians’ Details on August 22
Origin Energy confirms 60 customers had full bank account numbers stolen in July 2 breach affecting 900,000 Australians. Company enhances security and works with federal police.
Japan Executes Pachinko Arsonist in First Death Penalty Under Takaichi on August 21
Japan executes 58-year-old Sunao Takami for 2009 pachinko parlor arson that killed five people. First execution under Takaichi administration and first in 14 months.
FTSE 100 Today: UK Stocks Edge Up 0.16% as Antofagasta and Mining Rally Mask Weak Retail Sales
The FTSE 100 edged 0.16% higher on August 21, 2026, as stronger metals prices lifted London-listed mining stocks. Antofagasta led the gains with a 4.3% jump, while gold, silver and copper also moved higher. The rise came despite a weaker UK consumer picture. Retail sales fell 0.5% in July, adding to concerns over household spending….
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
Scott Bessent Pushes Treasury Buybacks as Bond Vigilantes Challenge US Debt
Scott Bessent doubled Treasury’s long-term bond buyback program on August 19, 2026, raising the per-operation cap from $2 billion to at least $4 billion. The Treasury secretary told CNBC Thursday the size could climb even further. Yields fell sharply on the news, with the 10-year note dropping 5.7 basis points to 4.647%. Bessent’s move directly…
Singapore Director Declared Bankrupt Over SGD 407 Unpaid Workers Case
Ramu Palani Velu, director of KPA Engineering and six other Singapore firms, declared bankrupt after 407 migrant workers lodged claims for unpaid wages totalling months of missed salaries.
Japan Ends 45-Hour Overtime Cap in September, Allowing Up to 100 Hours Monthly
Japan ends blanket 45-hour overtime guidance in September, allowing companies with special clauses to permit up to 100 hours monthly. Labor inspectors will focus on worker health protections instead.