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German Entrepreneur Wanja Oberhof Arrested in New York on $2.5M Fraud Charges
German entrepreneur Wanja Oberhof arrested in New York for allegedly defrauding former Siemens CEO Klaus Kleinfeld of $2.5 million through a wellness app investment scheme.
Anthony Loke Resigns as Transport Minister Over Najib House Arrest
Malaysian Transport Minister Anthony Loke resigns in protest after former PM Najib Razak granted conditional pardon to serve jail term under house arrest. DAP stays in government to maintain stability.
Ratcliffe Doubles Down on UK Criticism; Man United Fans Demand His Exit
Manchester United co-owner Sir Jim Ratcliffe faces fresh backlash after doubling down on immigration criticism during BBC interview. Muslim supporters’ club demands his exit.
Trump Secures Greenland Security Deal With Denmark on September 19
Trump announces permanent U.S. control over Greenland’s security in deal with Denmark. Russia and China barred from bases. Agreement to be signed at UN General Assembly next week.
Hyperliquid USD Surges 7.8% to $91.63 After Lending Feature Launch
HYPEUSD jumped 7.8% to $91.63 on September 18 following the launch of Hyperliquid’s native borrowing feature, which saw $269 million borrowed on day one.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion jump 80% in two years, with over 350 people convicted and $2.7 million in fines. Queensland, WA and NSW account for three-quarters of cases.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
Gina Rinehart Becomes Top Shareholder in Son’s Copper Explorer, September 17
Gina Rinehart’s Hancock Prospecting invests AU$8.7 million for 13.5% of White Cliff Minerals, overtaking her estranged son John Hancock as top shareholder. WCN stock surged 17.7% on the news.