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Germany Tax Reform 2027: Who Gets More Net Pay?
Germany tax reform 2027 raises allowances and child benefit, but higher social costs may eat the gain. See who takes home more next year.

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….

Geisterfahrer Gotthard: A2 Wrong-Way Crash Explained
A geisterfahrer caused a major emergency on Switzerland’s A2 motorway on Thursday evening. A 58-year-old driver from the canton of Zurich drove about 10 km the wrong way near the Gotthard road tunnel in Ticino before crashing head-on into a police car. Two police officers were seriously injured and the driver was moderately hurt. The…

Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…

China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…

Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…

Newport Beach Declares Emergency as Tropical Storm Rachel Floods Streets
Newport Beach declared a local emergency Friday after Tropical Storm Rachel’s high tides and waves flooded streets on the Balboa Peninsula, damaging homes and forcing evacuations.

Navi Pillay Wins 2026 Nobel Peace Prize for International Law Work
Navi Pillay, 85-year-old former ICC judge and UN human rights chief, awarded 2026 Nobel Peace Prize for international law work. Israel and Trump administration condemn decision.

Trump Names Katie Zacharia as White House Press Secretary on October 9
Trump picks Katie Zacharia, a conservative commentator and Trump Media adviser, as the new White House press secretary on October 9, replacing Karoline Leavitt. Prediction market Kalshi is investigating suspicious bets placed before the announcement.