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Saturday, 22 August 2026 Daily Edition

The Daily Edition

Saturday, 22 August 2026

400 stories across 8 sections

The Takeaway

The Malaysian government has launched a fully online application process for foreign workers, streamlining the hiring process through the Foreign Workers Centralised Management System. Meanwhile, Micron Technology has announced plans to invest $10 billion over the next decade in a new research institution, Micron Research Labs, which will be headquartered in Boise, Idaho.

In other business news, a federal judge in Manhattan has narrowed a lawsuit filed by Ben & Jerry's against Unilever, dismissing seven claims and part of an eighth. Canadian Trade Minister Dominic LeBlanc has stated that more work is needed to finalize a trade deal with the United States before the imposition of higher US tariffs on July 1.

In world news, a third woman involved in the Sydney Swans sexual assault scandal has engaged legal representation, exploring the possibility of civil legal action. The air quality in Sarawak has deteriorated significantly, with 10 regions registering unhealthy Air Pollutant Index readings due to smoke from Kalimantan. On the tech and business fronts, Chinese milk tea brand Chagee has opened three new outlets in Singapore, and Gulf countries are investing billions in water security to boost AI and industry ambitions.

Additionally, startup founders and investors are sharing insights on success and growth, including Accel India co-founder Subrata Mitra, who has backed companies like Flipkart and Myntra.

Written by urgent.news from the day's reporting.

AI

AI

Nvidia customers notified about AI-related price hikes above 15%

The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips.

·fortune.com·9 outlets

Some of Nvidia Corp.'s largest customers have been informed that server prices, containing its artificial intelligence chips, will increase by over 15%, mainly due to soaring memory chip costs. This price hike will start applying to systems shipped early next year, affecting systems with Nvidia's top-of-the-line Vera Rubin and Grace Blackwell chips.

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Tech

Tech

Chinese Humanoid Robot Lightning Runs 100m In 9.32 Seconds, Surpassing Usain Bolt’s 9.58-Second World Record | VIDEO

Beijing, August 22, 2026: A humanoid robot developed by Chinese smartphone maker Honor has run 100 metres in 9.32 seconds, beating the human world record held by Jamaican sprinting great Usain Bolt, China's state broadcaster reported on Saturday. The robot, dubbed Lightning, reached a peak speed of 14.5 metres per second during a preparatory test event for the second World Humanoid Robot Games,…

·freepressjournal.in·9 outlets

Beijing, August 22, 2026: A Chinese humanoid robot named Lightning has run 100 meters in 9.32 seconds, surpassing the human world record of 9.58 seconds set by Jamaican sprinter Usain Bolt in 2009, according to China's state broadcaster. The robot, developed by smartphone maker Honor, reached a top speed of 14.5 meters per second during a test event ahead of the second World Humanoid Robot Games in Beijing.

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TikTok to pay $400m to US in one of largest child privacy settlements

TikTok has agreed to pay $400m (£293m) to the US to end a lawsuit alleging its platform violated children‘s privacy, marking one of the largest ever settlements over the issue. The deal stems from a 2024 suit by the Department of Justice under former President Joe Biden alleging TikTok and its parent company ByteDance collected […] The…

·kbc.co.ke·5 outlets

Justice Department reaches $400 million settlement with TikTok over child privacy case

New York — TikTok and its parent company, ByteDance, reached a $400 million settlement with the US Justice Department over children’s privacy litigation on Friday, one of the largest amounts yet for a case of this kind.

  • Justice Department settles $400 million with TikTok over child privacy lawsuit.
  • TikTok will pay $300 million upfront and $100 million tied to 2019 FTC order.
  • Changes implemented to enhance safeguards for younger users and parental oversight.

·egyptindependent.com·3 outlets

Business

Business

US slaps 50% tariffs on US$20 billion of Canadian goods after trade talks fail

The United States imposed 50 per cent tariffs on US$20 billion worth of Canadian products early on Saturday and Canada immediately said it would retaliate, after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. US President Donald Trump’s import taxes will hit about 5 per cent of what Canada ships to the United States every year,…

·scmp.com·12 outlets

The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday after trade talks failed. Canadian Prime Minister Mark Carney responded by stating Canada would retaliate by matching those tariffs dollar for dollar to protect workers and businesses. The tariffs, which apply to about 5% of what Canada ships to the United States annually, include products like hockey sticks and tongue depressors.

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Canada retaliates as trade war with US escalates

Canada announces retaliatory tariffs on US goods as the trade war escalates, impacting industries from steel to dairy. Learn how this affects both nations. Read More: https://punchng.com/canada-retaliates-as-trade-war-with-us-escalates/

·punchng.com·7 outlets

US-Canada trade war reignites as talks fail at last minute

Trade talks between Canada and the United States failed at the last minute on Friday night, reigniting the North American trade war, with Ottawa vowing to match Washington’s tariffs. Despite hopeful statements from both sides that a deal would be struck to avoid 50% US tariffs on a raft of Canadian goods locking in at … The post US-Canada…

  • US-Canada trade talks failed at last minute
  • Canada to retaliate with 50% tariffs on $20B US goods
  • Talks stalled, negotiations suspended

·egyptindependent.com·4 outlets

Finance & Markets

Finance & Markets

Why Hong Kong’s SK Hynix fund stayed at full leverage amid market volatility

South Korean investor Carol Kim thought Hong Kong-based CSOP Asset Management’s new flexible leverage structure would cushion losses in its SK Hynix leveraged product, only to take a 77.2 per cent hit after the fund maintained its maximum exposure every day following the revised rules. “I expected the flexible leverage structure to soften the blow, but it actually felt like it was dropping even…

·scmp.com·8 outlets

South Korean investor Carol Kim was initially optimistic about Hong Kong-based CSOP Asset Management's new flexible leverage structure for its SK Hynix leveraged fund. However, her expectations were dashed when the fund maintained maximum exposure despite the revised rules. Kim, who had invested in the product since October, saw a 77.2 percent loss in her Hong Kong investment, far exceeding her domestic position loss of 70.1 percent.

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How bitcoin and gold went from a slump to an MVP week in just a few days

Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from a January high around $95,000…

  • Bitcoin's price dropped from $95,000 to below $60,000 in June
  • Gold rebounded from $4,000 to $4,661 after Treasury's buyback plan
  • Unexpected bond market intervention caused dollar sell-off and asset shift

·apnews.com·4 outlets

ETMarkets NRI Talk| Rs 1 crore, 5-7 years: How NRIs should allocate across Indian equities, bonds, gold and alternatives, says Rohit Sarin

NRIs investing in India should assess their global portfolio, existing India exposure, liquidity, risk appetite, taxes and repatriation needs before investing. For a Rs 1 crore portfolio, an illustrative allocation is 55–65% equities, 15–20% fixed income, 5–10% gold and 5–10% alternatives, complemented by real assets and diversification.

·economictimes.indiatimes.com·3 outlets

World

World

Canada says it will match US tariffs ‘dollar for dollar’ as trade talks break down

A fresh wave of US tariffs on a wide array of Canadian goods has come into effect as of midnight on Saturday after a last minute break down in trade talks. Announcing the suspension of negotiations shortly before the Friday night deadline, Canadian Prime Minister Mark Carney said he would impose reciprocal tariffs on US […] The post Canada says it will match US tariffs ‘dollar for dollar’ as…

·kbc.co.ke·12 outlets

Canada has announced it will match US tariffs "dollar for dollar" following the breakdown of trade talks, according to Prime Minister Mark Carney. The move comes after a last-minute breakdown in negotiations, with the Canadian government stating that the US proposals were "unfair, uneconomic, and called into question the reliability of any deal."

US Trade Representative Jamieson Greer responded by stating that Canada had declined to finalize the trade deal and had instead opted for "new demands and walk backs of other commitments." The breakdown in talks marks a shift in tone from earlier in the week when both sides were optimistic about reaching a mutually beneficial agreement.

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Science

Science

Near-total lunar eclipse is coming up with the Americas in prime position

CAPE CANAVERAL, Fla. (AP) — Now it’s the moon’s turn to pull a disappearing act. After being shut out of this month’s total solar eclipse, the Americas will have the best seats in the celestial house when Earth’s shadow briefly envelops the moon. Almost the…

·apnews.com·4 outlets

The moon will soon undergo a near-total eclipse, with the Americas in an ideal position to witness it. This celestial event will occur on Thursday night into Friday, with an impressive 96% of the lunar surface obscured. NASA has been busy, dispatching astronauts on a record-breaking lunar flyby in April, paving the way for future missions to establish a permanent base on the moon's surface.

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Japanese university finds river bacteria that remove 'forever chemicals'

TOKYO (Kyodo) -- A research team has found that bacterial strains in river sediments contaminated with so-called forever chemicals can remove the harm

  • Kobe University researchers discover bacteria that remove forever chemicals.
  • Strains identified in river sediments from Osaka Prefecture.
  • Bacteria reduce PFOS and PFOA levels in industrial waste leachate.

·mainichi.jp·2 outlets

Health & Medicine

Health & Medicine

‘Devastating’: Western Australia fears a black swan moment as bird flu threatens flagship species

The state’s bird emblem is an indicator species for H5N1, with high visibility populations and low survival rates. Experts are warning of ‘significant mortality’ Get our breaking news email , free app or daily news podcast When the black swans start dying, Western Australians will know that bird flu has truly arrived. The birds are an “indicator species” because once they are infected with the…

·theguardian.com·11 outlets

Western Australia is grappling with the potential devastation of bird flu, which poses a serious threat to the state's iconic black swan, an emblem deeply woven into the region's identity. The University of Queensland virologist Kirsty Short has warned that if the H5N1 virus infects black swans, they will likely die in significant numbers, making them a "very high risk" indicator species.

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Mobility tests can offer insights, but they aren’t a crystal ball

Hand grip strength. Balance tests. Standing up from a seated position on the floor. These physical challenges are often touted as measurements of healthy aging and even predictors of longevity. They can provide…

  • Mobility tests reveal clues about physical condition and aging.
  • Poor or declining results indicate need for healthcare investigation.
  • Tests aim to pinpoint weaknesses, not predict longevity.

·apnews.com·3 outlets

Culture

Culture

Infantino defies FIFA vice president by going to youth event in Caribbean amid global soccer rift

GENEVA (AP) — Gianni Infantino defied a request by one of his FIFA vice presidents to stay away from an Under-14 soccer event in the Caribbean and instead made a rare public appearance during…

·apnews.com·12 outlets

Gianni Infantino, FIFA President, attended an Under-14 soccer event in Punta Cana, Dominican Republic, despite a request from his FIFA vice president, Victor Montagliani, to stay away. Montagliani, who heads CONCACAF, a continental soccer body, feared that Infantino's presence would distract from the youth tournament and negatively impact the media coverage.

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Real Madrid snatch late win at Espanyol on Mourinho's return

Jose Mourinho's second spell in charge of Real Madrid began with a last-gasp 2-1 victory at Espanyol in La Liga on Saturday, with substitute Carlos Espi pouncing in the 90th minute to grab the winner.However in the 90th minute Madrid found the goal they needed when former Levante striker Espi, the lowest profile of Los Blancos' summer…

·sports.yahoo.com·10 outlets

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