February 16, 2026

ACCC Takes Coles to Court Over 'Misleading' Price Discounts on 245 Products

The ACCC has accused Coles of misleading customers by hiding price increases behind fake discounts in its 'Down Down' sales. The case, heard in Melbourne, covers pricing from Feb 2022 to May 2023 and highlights supermarket discount tricks.

February 16, 2026

Spot Gold Dips 0.4% After Previous Rally, US Gold Futures Ease

Spot gold prices fell 0.4% to $5,020.10 per ounce early Tuesday, losing momentum after a strong 2.5% gain in the prior session. US April gold futures also eased by 0.1% to $5,039.50 per ounce as markets remain watchful.

February 16, 2026

Volatility Ahead for Hong Kong MPF Members After Record Year of the Snake Gains

After a record-breaking Year of the Snake with US$32 billion earnings, Hong Kong's 4.8 million MPF members face uncertain investment returns in the Year of the Horse, say analysts.

February 16, 2026

Indonesia Cancels Permits of 28 Companies, Halting $1.67 Billion China-Backed Dam

Indonesia revoked permits of 28 companies, including North Sumatera Hydro Energy's $1.67 billion dam project, over forest damage. This bold crackdown aims to protect protected forests and surprised investors.

February 16, 2026

Big Tech Debt Spurs Surge in Credit Derivatives Trading Amid AI Investment Boom

Big Tech companies like Alphabet and Meta are borrowing more, pushing credit derivatives trading to new highs. Banks and investors use protections to manage growing risks linked to trillion-dollar AI spending.