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Binance Hack: $6.3 Billion Hit in Biggest Crypto Heist
The Binance hack hit about $6.3 billion in crypto. We explain how it happened, the North Korea link, frozen funds, and what it means for users.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
Migrant Workers Unpaid Wages: 240 Workers in Singapore Owed Two Months’ Pay
Close to 240 migrant workers in Singapore have gone without pay for up to two months, and the case of migrant workers unpaid wages is now the subject of a Ministry of Manpower (MOM) investigation. The workers, mostly from Bangladesh and employed in the process sector, say they are owed one to two months’ salary,…
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
Gen Z’s Retreat from Wohneigentum: Why Home Ownership Is Slipping Out of Reach in Germany
Wohneigentum — German for home ownership — is the word Germany’s property debate is rallying around this week, after new research showed the dream of owning a home is slipping further from young Germans’ reach. The findings, from mortgage broker Interhyp’s annual Wohntraumstudie, show that gen z homeownership in Germany is not just expensive: for…
Hong Kong’s 90-Year-Old Kuei Lee Soy Sauce Brewery Closes After Factory Land Resumed
The Kuei Lee soy sauce closure marks the end of one of Hong Kong’s most recognisable heritage food brands. The nearly 90-year-old soy sauce maker has stopped production at its Kwu Tung factory and will close its Wanchai shop once remaining stock sells out, after its land was resumed under the Northern Metropolis development plan….
Singapore Airlines Time To Fly Sale: 200,000+ Discounted Tickets to 78 Destinations
Singapore Airlines has kicked off its annual Time To Fly sale with more than 200,000 discounted return tickets across 78 destinations. The Singapore Airlines Time To Fly sale runs from 23 to 30 October 2026, and covers travel between 1 January and 30 September 2027, making this the airline’s biggest promotional push of the year….
Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
The Numbers Behind the Great Cash Shift The headline figure from the Bank of Japan is striking. The cash-and-deposits share of Japanese household finances has fallen to 44.6%, a record low, down from 53.7% at the end of 2022 — a 9.1-point slide in just three and a half years. Meanwhile the equity share has…
Thibault Bazin Pension Freeze Alternative: France’s €1,260 Pension Debate
Thibault Bazin’s pension freeze alternative has become the most searched topic in France’s 2027 budget battle. The rapporteur for the social security budget wants unions and employers, known as the social partners, to decide how pensions evolve instead of the government imposing a freeze on pensions above €1,260 a month. After MPs rejected the measure…