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Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.
Australia’s Silver Tsunami: 188,421 Deaths in 2025 as Boomers Exit Workforce
Australia recorded 188,421 deaths in 2025, the highest since the COVID-19 pandemic. Baby boomers are retiring and dying at record rates, creating economic and healthcare pressures for the nation.
Tokai Kisen Hit With Japan’s First Ship Suspension Order Over Alcohol Violations
Tokai Kisen faces 20-day suspension of three vessels after Japan’s first maritime suspension order. The company had crew members drink on duty and falsify alcohol tests.
Prudential Life Faces 3-Month Sales Suspension Over ¥3.1B Fraud Scandal
Japan’s FSA orders Prudential Life to suspend new insurance sales for 3+ months after employees defrauded 500 customers of ¥3.1 billion over 35 years. Parent company also faces improvement order.
Japan Beats China in Volleyball Thriller, Eyes First Gold in 16 Years
Japan edges China 3-2 in Asian Games men’s volleyball semifinal to reach final against Iran on October 3. Victory would secure first gold in 16 years.
Ford CEO Says AI Will Transform Skilled Trades, Not Replace Them
Ford CEO Jim Farley says AI will be a companion tool for skilled trades workers, not a replacement. The company has over 10,000 skilled-trades workers facing a new era of digital manufacturing.
NATO Faces Defence Spending Splits as Italy Cuts €8bn Budget October 3
NATO defence spending fractures as Italy cuts €8bn budget while Denmark, Poland and UK boost military investment. Russia’s nuclear threats and Arctic activity drive European rearmament.
Galeria Files for Fourth Bankruptcy in Six Years on October 2
Galeria files for insolvency for the fourth time in six years on October 2. The German department store chain has 83 stores and 12,000 employees facing job losses.