• India received a mixed draw for the BWF World Championships, featuring challenging matchups for some and favorable paths for others.
• Ayush Shetty faces a difficult start against defending champion Shi Yu Qi, while PV Sindhu and Lakshya Sen have avoided top seeds in their opening rounds.
• Sindhu, coming off a Japan Open victory, avoids world number one An Se Young and Akane Yamaguchi until the medal rounds, though she may face Wang Zhi Yi in the pre-quarter-finals.
• South Korea's KOSPI index plunged 4.58% following a massive selloff in semiconductor stocks, specifically impacting industry giants Samsung and SK Hynix.
• The severity of the decline triggered a trading halt to stabilize the market, reflecting significant volatility within Korean equities in 2026.
• Frank Benzimra of Societe Generale noted that these steep declines often occur in sectors where investors utilize the highest levels of leverage.
Shift in monitoring methods has led to revenue boost for Geo Group, a private prison firm, that also makes the deviceThe US is tracking nearly 54,000 immigrants through GPS-enabled ankle monitors as part of a US Immigration and Customs Enforcement (ICE) electronic surveillance program, according to private prison corporation The Geo Group. Early last year, just 17,000 immigrants were wearing the devices..The Geo Group owns BI Inc, the company that runs ICE’s intensive supervision appearance program (ISAP), and reported the numbers in its earnings call on Thursday. Continue reading...
• Defense tech startup Hadrian has reached a valuation of nearly $8 billion following a fresh round of funding.
• The company joins other high-value firms like Shield AI, valued at $12.7 billion in March, and autonomous ship maker Saronic, valued at $9.25 billion.
• This surge in investment is driven by President Trump's strategic plans to modernize and upgrade the U.S. military infrastructure.
Government ‘urgently’ identifying men convicted in historic cases who could be freed in scheme loopholeUK politics live – latest updatesAndy Burnham’s government is “urgently” identifying any grooming gang perpetrators who may still be eligible for early prison release after concerns were raised about a potential loophole in the system.The prime minister has “personally intervened” after men convicted of assaulting children in Bradford were expected to be freed from prison early despite a promise earlier this week that they would remain behind bars. Continue reading...
• Early-stage startups in Eastern Europe are accessing grants, accelerators, and funding trends as of August 2026 to increase market traction.
• Founders are utilizing these programs to secure professional guidance, investor connections, and streamlined entry points into larger European markets.
• Key hubs for growth include Germany, the Netherlands, Estonia, Portugal, and Switzerland, which offer strong business environments and talent pools.
Figure raises questions about deal with France despite UK ministers insisting repeat arrivals will be removedAlmost 50 asylum seekers deported using the “one in one out” scheme have been recorded as returning to the UK a second time, the Guardian has learned.It is believed that in addition to the 49 returnees detained by the Home Office, an unknown number are likely to have arrived in the UK undetected. Continue reading...
Thames Valley chief says he may join Police Federation in court if Jessie Cole and Albert Bowers are freed from prisonThe chief constable of Thames Valley police has said he will consider joining legal action against the government if it fails to block the early release of two of PC Andrew Harper’s killers.The Police Federation is contemplating going to court in its attempts to keep Jessie Cole and Albert Bowers in prison. Continue reading...
New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000Get our breaking news email, free app or daily news podcastThe government’s 5% deposit scheme for first home buyers has enabled the purchase of nearly 1,500 properties that were turned into investments, new data shows.The scheme is also helping hundreds of Australians earning more than $300,000 a year, after Labor stopped excluding high-income borrowers. Continue reading...
Jake Richard acknowledges ‘unimaginable pain’ of Harper’s family but says government faces an ‘unenviable position’Good morning and welcome to the UK politics blog.Ministers continue to defend the release of PC Andrew Harper’s killers as part of the government’s early prisoner release scheme, despite a potential legal challenge from the Police Federation.Well, look, we understand that people are angry. The Harper family are, of course, angry. The police are angry too.We’re angry that we’re in this situation where we face the unenviable position of having to make sure that we have a sustainable prison system, which is so vital to a functioning law and order system in our country, but also that we do right by victims as far as possible.Because without a functioning prison system, it means it’s difficult for police to make arrests, it’s difficult for our courts to try cases, and it could mean to the collapse of law and order in this country.We cannot be in that situation, so that is the challenge that we face as government ministers and the prime minister faces ultimately.I feel sick to my stomach, if I’m really honest with you. I’ve had a gut wrenching feeling in my stomach the past couple of weeks with this, and it doesn’t go away.And arguably, I would say that many of my members across Thames Valley also have this gut wrenching feeling, even at the prospect of these two killers being released in the space of weeks, potentially.Ministers will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work.Women should not feel pressurised into experiencing an “ideal birth”, the new health secretary, Yvette Cooper, has said, promising a root-and-branch reform of standards after several damning maternity scandals.An official investigation has been launched into charities in England and Wales donating funds to illegal Israeli settlements in Palestine.Andy Burnham has inherited a Labour membership that is sceptical about increased welfare spending, supportive of higher defence spending, and ranks the climate crisis as one of the country’s biggest challenges, according to new polling.BP’s chief executive has urged Andy Burnham to make use of the UK’s oil and gas resources even as the oil company prepares to sell its North Sea business after 60 years in the ageing basin.The Conservative party leader, Kemi Badenoch, has defended the selection of a former neo-Nazi activist as a candidate for a local election in Somerset despite him being jailed in 2016 after he was convicted of racially aggravated harassment of the former Labour MP Luciana Berger.Pupils in Scotland’s schools received their exam results this morning, with exam pass rates at all levels having risen this year, including a record number of National 5 passes. Continue reading...
• On August 5, 2026, the Reserve Bank of India (RBI) maintained the repo rate at 5.25% with a neutral stance, a move that aligned with market expectations.
• The RBI raised its GDP growth forecast for FY27 to 6.7% and lowered its CPI inflation projection to 5%, citing resilient economic indicators.
• Indian markets reacted mixedly to the announcement, with the Sensex climbing nearly 300 points while the Nifty 50 remained flat.
Assessment of more than 2,000 native species warns nearly one in five at high risk of deadly H5N1, including parrots, fur seals and quollsFollow our Australia news live blog for latest updatesSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereAlmost 400 native Australian bird and mammal species have been assessed as being at a high risk – or worse – from the deadly H5N1 bird flu virus, a federal government assessment has revealed.Some of Australia’s most beloved animals – including species of penguins, fur seals, quolls, dolphins, more than 300 birds and the Tasmanian devil – are considered at least high risk from the virus, meaning they could suffer “severe reduction in population size or viability” or worse if it reached them. Continue reading...
Partner of woman killed by dangerous driver among those who say they are devastated at killers leaving jail earlyWhen Calvin Buckley, whose pregnant partner was killed by a dangerous driver in 2023, secured a tougher sentence for the man who took her life, he felt some justice had been served. Now, under plans to release prisoners early to ease overcrowding, Adil Iqbal, who filmed himself speeding at 123mph before he crashed into 38-year-old Frankie Jules-Hough, may serve less time in prison than he would have under his original sentence.“He could actually serve less time than he originally was going to before we appealed,” Buckley said. “We’ve fought for a tougher sentence. What is the point of having an actual sentence if the government can just reduce that?” Continue reading...
• Index Ventures has raised approximately €1.7 billion ($2 billion) in new funding, increasing its total investing capital to nearly €3 billion.
• The fundraise coincides with the 30th anniversary of the firm, which was founded in 1996 to support entrepreneurs across seed, venture, and growth stages.
• This capital expansion strengthens the firm's ability to back high-profile portfolio companies such as Adyen, Figma, Revolut, Robinhood, and Wiz.
Probation inspector says ‘clunky’ system needs upgrade and huge increase in staff to monitor offenders effectivelyThe electronic tagging system which will be relied upon to monitor thousands of offenders released early from prison is failing to alert the authorities of potential breaches of conditions, a watchdog has warned.Martin Jones, HM inspector of probation in England and Wales, said the current system relies upon hard-pressed police and probation officers looking up individual cases and then deciding whether potential breaches need to be investigated further. Continue reading...
After a blitz of small wins, PM is finding that like Keir Starmer there is only so much he can control on the big calls UK politics live – latest updatesIf Andy Burnham wanted to demonstrate he was the anti-Keir Starmer, the first fortnight could not have gone better. Instead of painting a gloomy picture of tough times and an economic black hole that would only improve with sacrifices such as cutting winter fuel allowance, Burnham’s first week was a blitz of small wins including cutting bus fares.But the new prime minister can only control so much. And like Starmer, within his first days in office he found himself facing immediate decisions where every call will make you unpopular. And – like Starmer – blaming your predecessor counts for nothing with an angry public. Continue reading...
Justice secretary says ministers would have liked to block more but doing so would cause prison system to ‘break’UK politics live – latest updatesAbout 1,000 fewer prisoners will be released early after Andy Burnham’s intervention to exclude those convicted of rape, serious child sexual offences and grooming from the scheme.The justice secretary, Alex Norris, said 5,000 prisoners would be released over 10 months from October in England and Wales, down from the government’s original plan for 6,000 from September. Continue reading...
Government revises plans to tackle prison overcrowding amid pressure from MPs and victims but domestic abusers and killers could still be released earlyGood morning and welcome to our live coverage of UK politics. The mother of PC Andrew Harper said her family are “bitterly disappointed” that her son’s killers remain eligible for early release after the government revised plans to tackle the overcrowding crisis in prisons.Following pressure from victims, MPs and frontline prison officers, rapists, child sexual abusers and groomers will be excluded from the scheme for England and Wales, the government said on Monday.It feels like we’re letting Andrew down again. We’ve been through the justice system, we thought we’d done as best as we could. Now we’re standing up to fight again … so I just feel really let down, for Andrew’s sake as well as ours. Continue reading...
Andy Burnham will also delay release of thousands of prisoners across England and Wales a month, until OctoberRapists, child sexual abusers and groomers will be excluded from early release plans to ease critical prison overcrowding in a major intervention by Andy Burnham.The prime minister said on Tuesday that he will delay the planned early release of thousands of prisoners across England and Wales by a month until October. Continue reading...
Truth Social, where Trump’s account is by far the largest, to offer users early access for up to $100,000 per monthDonald Trump is now offering early access to his Truth Social posts in a move that has been seen as corruption benefitting a sitting president.Trump Media and Technology Group officially rolled out its new subscription-based data service on Saturday, giving paying customers faster, real-time access to Truth Social posts from Trump and other high-profile accounts. Continue reading...
• Samsung Electronics Co. and SK Hynix Inc. shares surged nearly 30% on Friday, rebounding from significant losses experienced earlier in the week.
• This recovery follows a period of extreme volatility, including a sharp 10.84% drop in the Kospi index to 6,023.66 on July 28, 2026.
• The market turmoil was driven by an Asia-wide sell-off in semiconductor stocks and record-high volatility levels for the year.
• South Korea’s Kospi index surged nearly 18% as artificial intelligence-related chipmaking stocks rebounded following losses earlier in the week.
• Other Asian markets saw significant movement, including an 8% jump in Taiwan’s Taiex driven by a 10% increase for chipmaker TSMC and a 0.9% gain for the Shanghai Composite.
• The rally highlights the volatile but strong influence of the AI sector on regional equity markets, contrasting with slight declines in Hong Kong’s Hang Seng.
• The FTC and multiple states are suing telehealth company Hims & Hers for allegedly sharing sensitive patient health data with third-party advertisers.
• Novo Nordisk is facing a shareholder lawsuit claiming the company misled investors regarding clinical trial results for its investigational weight-loss drug, CagriSema.
• Viatris announced that the FDA has approved Gwyn Lo, a new low-dose contraceptive patch consisting of norelgestromin and ethinyl estradiol.
• New Federal Reserve chair Kevin Warsh is facing immediate internal conflict after three policymakers dissented against the central bank's decision to keep interest rates unchanged.
• This level of early opposition is historically rare, contrasting with the smoother transitions experienced by previous Fed leaders such as Janet Yellen and Jerome Powell.
• The dissent highlights a growing divide within the Fed regarding the appropriate pace of monetary policy and interest rate adjustments.
Mitch Winehouse ‘knowingly and deliberately’ made unfounded allegations against Naomi Parry and Catriona Gourlay, judge saysThe father of British music sensation Amy Winehouse has been ordered to pay £950,000 (US$1.26m, A$1.82m) to his late daughter’s friends, who he unsuccessfully sued for auctioning the singer’s clothes and other items.Mitch Winehouse earlier this year lost a case in the high court in London against two of Winehouse’s friends who auctioned dozens of her clothes and other possessions years after her death. Continue reading...
• Iran considered retaliating against a Ukrainian seaport after a Ukrainian strike hit an Iranian cargo ship on Saturday.
• Diplomatic efforts helped de-escalate the tension, including a Sunday conversation between Iranian Foreign Minister Abbas Araghchi and Ukrainian counterpart Andrii Sybiha.
• The situation stabilized after Sybiha clarified that the attack on the Iranian vessel was unintentional.
• Southeast Asian soccer teams are initiating early preparations for the 2030 World Cup following the conclusion of the 2026 tournament.
• Vietnam's head coach, Kim Sang-sik, stated that he and his players are motivated to compete on the world stage after watching recent high-level matches.
• The region is currently focused on the ASEAN Cup, where Thailand—the tournament's most successful team with seven titles—competes in Group B alongside Malaysia, Laos, Philippines, and Myanmar.
CAA says airport can recoup £320m through higher airline charges, which are usually passed on to travellersHeathrow passengers face decades of higher fares after the airport was given permission to recover early costs from developing its expansion plan.The Civil Aviation Authority (CAA) announced it had permitted Heathrow Airport Limited (HAL) to recoup £320m spent on its proposal to build a third runway since the start of last year. Continue reading...
• President Trump announced a "good chance" for a diplomatic breakthrough with Iran following a new round of negotiations.
• The President cautioned that the U.S. would quickly resume airstrikes if diplomacy fails to produce results.
• Former U.S. officials suggest Iran may perceive Trump's leverage as decreasing as the November midterm elections approach.
• South Korea's benchmark Kospi index experienced its sharpest decline since early March, plummeting 732.09 points or 10.84% to close at 6,023.66.
• The significant market drop was primarily driven by a slump in the performance of chipmakers, which are critical drivers of the South Korean economy.
• This volatility highlights the sensitivity of the regional tech sector to global market shifts and investor sentiment regarding semiconductor demand.