Temasek, one of Asia’s largest sovereign wealth funds, has made its first investment in South Korean stocks by buying Samsung Electronics and SK Hynix. The fund views memory semiconductors as the most undervalued segment across the AI value chain. A banking industry insider said Temasek invests with a long-term horizon and deploys large amounts of capital into industry leaders. The move was disclosed by Citrini analyst Jukan in a post on X.

Geopolitical tensions pushed oil and gold sharply higher. U.S. crude futures rose 0.89% to $83.94 a barrel and Brent gained 0.78% to $89.60, both the highest since July 31. Spot gold climbed 0.46% to $4,387.03 an ounce. Asia-Pacific markets were mixed, with MSCI’s Asia-Pacific index excluding Japan up 0.5% and Japan’s Nikkei flat, while Japan’s bond market came under pressure as the 5-year JGB yield hit a record 2.1% and the 2-year yield reached a 31-year high.

Gold held near a 10-week high, with spot prices up 0.3% at $4,377.79 an ounce while U.S. futures were little changed. The metal earlier touched its highest level since June 5 but met resistance at the 100-day moving average around $4,387. Traders have cut the implied chance of a September Federal Reserve rate hike to 48% and are awaiting U.S. CPI data to reassess the rate path. Inflation worries tied to the Middle East conflict have offered support, while silver, platinum and palladium traded in narrow ranges.

Commonwealth Bank of Australia reported FY26 results with cash NPAT up 7%, but its shares fell about 2% to $171.36 and are down about 5% over the past week, while still up roughly 7% year to date. Seek plunged about 16% to $13.55 after investors reacted to the company’s FY26 update and concerns its FY27 guidance could come in weaker than expected, taking its year-to-date decline to 42%. Moves in both stocks weighed on sentiment in the Australian market on Wednesday.

Austral Resources has agreed to acquire Hammer Metals in a binding scrip deal that values Hammer at $80.7 million, with Hammer shareholders to receive 1.29 Austral shares for each Hammer share. Hammer shareholders will also keep shares in a new spin-out vehicle holding Hammer’s Western Australian gold assets, while Hammer’s board and major shareholders back the transaction. Hammer’s 39.2mt Kalman copper resource is expected to become a future ore feed source for Austral’s Rocklands processing hub. Separately, Austral said the Queensland Critical Minerals Fund invested $15 million via a nondilutive royalty financing arrangement to support a stage 2 expansion of the Rocklands facility.

Pixelworks said it expects cash operating expenses to be below $2.5M per quarter in 2026. The company also announced a new multiyear device certification agreement. The update was released on Aug. 11, 2026.

India’s gold-loan lender Muthoot Fincorp has appointed Kotak Mahindra Capital, Morgan Stanley India, JM Financial and SBI Capital Markets as bookrunning lead managers for its planned ₹3,000crore initial public offering. The issue is expected to be largely fresh shares and could dilute promoter ownership by about 10%. As of March 31, 2026, the company’s consolidated assets under management stood at ₹73,448.82 crore.

Computer Modelling Group reported fiscal 2026 first-quarter revenue of $27.8 million, down 6% year over year. Recurring revenue fell 3% to $20.3 million, while adjusted EBITDA declined 10% to $6.4 million. Earnings per share were $0.02, down 50%, and free cash flow slipped 22% to $3.5 million. The board also approved a quarterly cash dividend of $0.01 per share.